UK.StockBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Saxo vs Capital.com 2024

StockBrokers.com

Written by StockBrokers.com

February 01, 2024

Is Saxo better than Capital.com? After scoring the best share dealing accounts across 46 different variables, our analysis finds that Saxo is better than Capital.com. Saxo Markets’ trading platform is highly sophisticated and offers a huge range of international shares and funds. The biggest downside is the cost, as its charges are higher than its U.K. competitors. It's best suited for experienced investors rather than beginners.

Select Brokers

×
  • check_box_outline_blankcheck_boxAJ Bell
  • check_box_outline_blankcheck_boxBarclays
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCMC Invest
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFidelity International
  • check_box_outline_blankcheck_boxFreetrade
  • check_box_outline_blankcheck_boxHalifax
  • check_box_outline_blankcheck_boxHargreaves Lansdown
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxInteractive Investor
  • check_box_outline_blankcheck_boxLloyds Bank
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVanguard UK Investor
  • check_box_outline_blankcheck_boxXTB

Compare

0 of 5
Overall Rating Saxo Capital.com
Overall Rating 4.5/5 Stars 3.5/5 Stars
Charges & Fees 3.5/5 Stars 4.5/5 Stars
Investment Choices 5/5 Stars 2.5/5 Stars
Mobile App 5/5 Stars 4.5/5 Stars
Website 4.5/5 Stars 4.5/5 Stars
Ease of Use 3.5/5 Stars 2.5/5 Stars
Education 5/5 Stars 3.5/5 Stars
Review Saxo Review Capital.com Review
Winner check_circle
Investments Saxo Capital.com
ISA info Yes No
SIPP info Yes No
Share Trading info Yes Yes
CFD Trading info Yes Yes
Funds info Yes No
ETFs info Yes No
Bonds - Corporate info Yes No
Bonds - Government (Gilts) info Yes No
Investment Trusts info Yes No
Spread Betting info No Yes
Crypto Trading info No No
Advisor Services info No No
Trading Fees Saxo Capital.com
Minimum Deposit info £0 £20
Share Trading: 0-9 Deals/ Month info 0.08% (£3 min) N/A
Share Trading: 10-19 Deals/ Month info 0.08% (£3 min) N/A
Share Trading: 20+ Deals/ Month info 0.08% (£3 min) N/A
5 trades per year (£30k portfolio) info 0.12% + 0.08% (or £3) per trade: a minimum of £51 N/A
12 trades per year (£30k portfolio) info 0.12% + 0.08% (or £3) per trade: a minimum of £72 N/A
36 trades per year (£30k portfolio) info 0.12% + 0.08% (or £3) per trade: a minimum of £144 N/A
120 trades per year (£30k portfolio) info 0.12% + 0.08% (or £3) per trade: a minimum of £396 N/A
3 fund trades per year (£30k portfolio) info 0.4% + 0% commission: £120 N/A
Annual Custody Fee: £0 - £250,000 info 0.4% p.a. up to £200k; 0.2% p.a. after £200k £0
Annual Custody Fee: £250K-£500K info 0.2% p.a. £0
Annual Custody Fee: £500,000 - £1m info 0.2% p.a. £0
Annual Custody Fee: £1m and over info 0.1% p.a. £0
Bonds - Corporate - Fee info 0.20% N/A
Bonds - Government (Gilts) - Fee info 0.20% N/A
ETFs - Fee info 0.08% (£3 min) N/A
Investment Trusts - Fee info £8 N/A
Telephone Dealing Fee info £50 N/A
Broker Screenshots Saxo Capital.com
Website Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Platforms & Tools Saxo Capital.com
Web Platform info Yes Yes
iPhone App info Yes Yes
Android App info Yes Yes
Stock Alerts info Yes Yes
Charting - Indicators / Studies info 64 77
Charting - Drawing Tools info 20 18
Charting - Notes info Yes Yes
Charting - Display Corporate Events info No No
Charting - Stock Overlays info Yes No
Charting - Index Overlays info Yes No
Research Saxo Capital.com
Research - Shares info Yes No
Research - CFDs info Yes Yes
Research - Funds info No No
Fund Research - Research Reports info No No
Research - ETFs info Yes No
Research - Bonds info Yes No
Portfolio Allocation Breakdown info Yes Yes
Education Saxo Capital.com
Education (Share Trading) info No No
Education (Funds) info No No
Education (Retirement) info No No
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Overall Summary Saxo Capital.com
Overall Rating 4.5/5 Stars 3.5/5 Stars
Charges & Fees 3.5/5 Stars 4.5/5 Stars
Investment Choices 5/5 Stars 2.5/5 Stars
Mobile App 5/5 Stars 4.5/5 Stars
Website 4.5/5 Stars 4.5/5 Stars
Ease of Use 3.5/5 Stars 2.5/5 Stars
Education 5/5 Stars 3.5/5 Stars
Review Saxo Review Capital.com Review
Winner check_circle
arrow_upward

Comparing online share dealing platforms side by side is no small task. For our 2024 review of U.K. brokers, more than 900 data points were collected over a 10-week period and used to score each broker. Let’s compare Saxo and Capital.com.

Saxo vs Capital.com Comparison

For our 2024 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Saxo vs Capital.com.

Is Saxo a good broker?

Saxo Markets’ trading platform is highly sophisticated and offers a huge range of international shares and funds. The biggest downside is the cost, as its charges are higher than its U.K. competitors. It's best suited for experienced investors rather than beginners.

Is Capital.com a good broker?

Capital.com is a U.K. broker primarily known for CFDs (contracts for difference) and spread betting. While it previously offered the chance to buy and sell shares commission-free, you can no longer buy shares directly through Capital.com. Trading is limited to an unleveraged CFD account.

Which broker is less expensive?

Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Capital.com offers better pricing than Saxo for share dealing.

Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.

5 trades per year - Saxo would cost 0.12% + 0.08% (or £3) per trade: a minimum of £51 per year, while Capital.com would cost N/A per year.

12 trades per year - Saxo would cost 0.12% + 0.08% (or £3) per trade: a minimum of £72 per year, while Capital.com would cost N/A per year.

36 trades per year - Saxo would cost 0.12% + 0.08% (or £3) per trade: a minimum of £144 per year, while Capital.com would cost N/A per year.

120 trades per year - Saxo would cost 0.12% + 0.08% (or £3) per trade: a minimum of £396 per year, while Capital.com would cost N/A per year.

3 fund trades per year - Saxo would cost £0 per year, while Capital.com would cost £20 per year.

query_stats What type of trader are you?

New to the world of investing? See my picks for the best UK trading platforms for beginners. More experienced traders should check out my guide to the best UK Trading Platforms for Active Traders. If you're looking to trade shares on the go, read my guide to the best UK stock trading apps.

How do Saxo and Capital.com compare in terms of minimum deposits required?

Saxo requires a minimum deposit of £0, while Capital.com requires a minimum deposit of £20. From our testing we found for accounts between £0 - £250,000 Saxo charges annual custody fees of 0.4% p.a. up to £200k; 0.2% p.a. after £200k, while Capital.com charges annual custody fees of £0.

Which broker offers a wider range of investment options?

Saxo offers investors access to ISA, SIPP, Share Trading, CFD Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts) and Investment Trusts, while Capital.com offers investors access to Share Trading, CFD Trading and Spread Betting. Neither have Crypto Trading and Advisor Services. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Do Saxo and Capital.com offer ISA or SIPP accounts?

Self-invested personal pensions (SIPPs) and individual savings accounts (ISAs) are tax-advantaged savings accounts that are an important tool for many individual investors. You can read more about how these accounts operate at Gov.UK: Click here for SIPP information and here for ISA information. Our analysis finds that Saxo offers traders access to SIPP and ISA accounts, while Capital.com offers traders access to neither of these accounts.

Do Saxo and Capital.com offer cryptocurrency?

In our analysis of top brokers for share dealing in the U.K., we research whether each broker offers the ability to trade cash cryptocurrency, such as bitcoin and ethereum, which is still a somewhat rare offering amongst major U.K. brokers. Our review finds that neither Saxo nor Capital.com offer crypto investing.

Which broker offers a better website experience?

Our testing concluded that the website of Capital.com is better than the website of Saxo. Capital.com offers more functionality, is cleanly designed, and is, overall, easier to use for beginners and casual investors.

Which stock trading app is better?

To compare the trading platforms of both Saxo and Capital.com, we tested each broker's stock trading app. All features compared, our analysis finds that Saxo offers a better mobile app. Dive deeper: Best Stock Trading Apps UK.

Do Saxo and Capital.com offer educational resources?

Educational offerings are of particular importance to those who are newer to investing, and we examine the availability of several different types of educational materials in our analysis. Our research finds that Saxo offers traders access to Client Webinars and Client Webinars (Archived), while Capital.com offers access to none. Neither have Education (Share Trading), Education (Funds) and Education (Retirement).

Overall winner: Saxo

Popular Stock Broker Reviews

Popular Guides



close