Saxo UK vs eToro 2026
In this head to head comparison of Saxo UK vs eToro, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
In this head to head comparison of Saxo UK vs eToro, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Your capital is at risk.
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, Saxo UK offers better pricing than eToro for share dealing.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
Saxo UK and eToro both let UK investors trade shares, ETFs, CFDs, crypto, and investment trusts, and neither offers adviser services. Spread betting isn’t listed for either broker in this data.
If you want wider market access, Saxo UK adds funds, corporate bonds, and UK government gilts (gilts), which eToro does not offer. Reflecting this breadth, UK.StockBrokers.com rates Saxo UK 5 stars and ranks it #2 out of 21 for Investment Choices, while eToro earns 4.5 stars and ranks #11.
| Feature |
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|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | Yes |
| ETFs | Yes | Yes |
| Mutual Funds | Yes | No |
| Bonds - Government (Gilts) | Yes | No |
| Investment Trusts | Yes | Yes |
| Spread Betting | No | No |
| Crypto Trading | Yes | Yes |
| Advisor Services | No | No |
| Investment Choices |
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Comparing Saxo UK vs eToro for trading tools: both platforms offer browser-based trading, price alerts, stock overlays, and neither shows corporate events on charts or lets you add notes. For charting, Saxo UK provides more drawing tools (20 vs 9), while eToro serves up far more technical indicators (106 vs 64) and is the only one with index overlays.
For UK traders who value real-time market data, eToro has it, whereas Saxo UK does not. If you prefer a wider set of drawing tools, Saxo UK has the edge; if you want richer indicators, index overlays, and live data, eToro is the stronger pick.
| Feature |
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|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 64 | 106 |
| Charting - Drawing Tools | 20 | 9 |
| Charting - Notes | No | No |
| Charting - Display Corporate Events | No | No |
| Charting - Stock Overlays | Yes | Yes |
| Charting - Index Overlays | No | Yes |
Saxo UK vs eToro: For UK investors comparing retirement accounts, both platforms offer an ISA for tax-free investing, but only Saxo UK also provides a Self-Invested Personal Pension (SIPP). If you want an ISA alone, either broker fits; if you need both an ISA and a SIPP under one roof, Saxo UK is the better match.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Saxo UK vs eToro for mobile trading in the UK: both brokers offer iPhone and Android apps and each holds a 5-star mobile app rating from UK.StockBrokers.com. Where they differ is ranking—Saxo UK is rated #1 out of 21 brokers for Mobile Apps, while eToro sits at #4—so if the very best app experience matters most, Saxo UK edges ahead, though eToro remains a highly rated choice on both iOS and Android.
Dive deeper: Best Stock Trading Apps UK.
Saxo UK vs eToro for beginner education: Saxo UK offers live client webinars and an on‑demand archive, while eToro has no webinars. Both provide guidance on share trading, but only Saxo UK also covers funds and retirement topics. UK.StockBrokers.com rates both at 5 stars for beginner education, yet ranks Saxo UK 2nd out of 21 brokers and eToro 7th. For UK beginners who want webinars and wider learning, Saxo UK is the stronger pick; for basic share trading education without webinars, eToro still does the job.
| Feature |
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|---|---|---|
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | Yes | No |
| Education (Retirement) | Yes | No |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
Comparing Saxo UK vs eToro for market research, UK investors get broader coverage with Saxo UK: shares and ETF research, dedicated funds research with reports, bond research, and a clear view of portfolio allocation by asset class. eToro offers shares and ETF research and shows allocation by asset class, but it does not provide fund research or fund reports, and it lacks bond research.
| Feature |
|
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Research - Bonds | Yes | No |
| Research - Funds | Yes | No |
| Fund Research - Research Reports | Yes | No |
| Portfolio Allocation Breakdown | Yes | Yes |
Which broker is better overall, Saxo UK or eToro? After collecting more than 900 data points over a 10-week period, we found Saxo UK to be a better trading platform overall.
Saxo’ 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.
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Saxo UK vs eToro: both online brokers offer crypto trading, so compare fees, spreads, available cryptocurrencies, platform tools, and regulation to find the best fit for your needs.
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Fidelity offers thousands of investments and also offers financial advice for those wanting direction. My view is that Fidelity is most suited to traditional investors who hold a range of accounts through the platform.
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Bestinvest appeals to a wide range of investors. Fees are competitive, particularly if you invest in funds or US shares, and investment options are extensive.
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Charles Stanley Direct is an online investment platform where you can invest in a wide range of products, including stocks and ETFs, using various accounts like tax-advantaged ISAs and SIPPs.
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Barclays Smart Investor is an investment platform offered by Barclays Bank that offers a wide range of investments and accounts. Non-Barclays customers may find it complicated to open an account. Barclays is good value whether you are a beginner investor or have a large portfolio as its fees are, overall, very low.
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Explore Halifax Share Dealing’s flat fees, ISA options, and ready-made portfolios. Find out whether Halifax offers good value for your investing style.
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Webull has a good app, desktop platform, and low fees, but is limited in the UK by offering only US stocks with no products offered from other markets.
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IG is a trading platform for experienced investors, offering shares, ETFs, spread betting, and CFDs on an easy-to-use interface.
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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.
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Revolut offers easy app-based investing with commission-free trades and a new stocks & shares ISA. See whether Revolut is the right platform for your portfolio.
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Robinhood is great for trading US stocks and for beginners who want to learn the basics without worrying about small trades being swallowed up by hefty fees.
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Trade U.K. and U.S. shares commission-free with CMC Invest. Backed by CMC Markets. Explore if it’s the right app for your portfolio today.
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↓×Compare
0 of 5| Overall Rating | Saxo UK | eToro | |
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| Review | Saxo UK Review | eToro Review | |
| Winner | check_circle |
| Investments | Saxo UK | eToro | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | Yes | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | Yes | |
| Mutual Funds | Yes | No | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | Yes | No | |
| Bonds - Government (Gilts) | Yes | No | |
| Investment Trusts | Yes | Yes | |
| Spread Betting | No | No | |
| Crypto Trading | Yes | ||
| Advisor Services | No | No |
| Trading Fees | Saxo UK | eToro | |
|---|---|---|---|
| Minimum Deposit | £0 | $50 | |
| Share Trading: 0-9 Deals/ Month | $1 / £3 / €3 | £0 | |
| Share Trading: 10-19 Deals/ Month | $1 / £3 / €3 | £0 | |
| Share Trading: 20+ Deals/ Month | $1 / £3 / €3 | £0 | |
| 5 trades per year (£30k portfolio) | |||
| 12 trades per year (£30k portfolio) | |||
| 36 trades per year (£30k portfolio) | |||
| 120 trades per year (£30k portfolio) | |||
| 3 fund trades per year (£30k portfolio) | |||
| Annual Platform Fee (Funds): £0 - £250,000 | 0.4%, 0.2%, 0.1% | N/A | |
| Annual Platform Fee (Funds): £250K-£500K | 0.4%, 0.2%, 0.1% | N/A | |
| Annual Platform Fee (Funds): £500,000 - £1m | 0.4%, 0.2%, 0.1% | N/A | |
| Annual Platform Fee (Funds): £1m and over | 0.4%, 0.2%, 0.1% | N/A | |
| Bonds - Corporate - Fee | €20 minimum | N/A | |
| Bonds - Government (Gilts) - Fee | €20 minimum | £0 | |
| ETFs - Fee | From $1 | N/A | |
| Investment Trusts - Fee | 0.03/0.06/0.08% | £0 | |
| Telephone Dealing Fee | £50 | N/A |
| Broker Screenshots | Saxo UK | eToro | |
|---|---|---|---|
| Website Gallery (click to expand) | |||
| Mobile Trading Apps Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Platforms & Tools | Saxo UK | eToro | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 64 | 106 | |
| Charting - Drawing Tools | 20 | 9 | |
| Charting - Notes | No | No | |
| Charting - Display Corporate Events | No | No | |
| Charting - Stock Overlays | Yes | Yes | |
| Charting - Index Overlays | No | Yes |
| Research | Saxo UK | eToro | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | Yes | No | |
| Fund Research - Research Reports | Yes | No | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | Yes | Yes |
| Education | Saxo UK | eToro | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | Yes | No | |
| Education (Retirement) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No |
| Overall Summary | Saxo UK | eToro | |
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| Review | Saxo UK Review | eToro Review | |
| Winner | check_circle |