Written by StockBrokers.com
In this head to head comparison of Saxo vs Revolut, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
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 offers better pricing than Revolut 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 Revolut would cost £0 per year.
12 trades per year - Saxo would cost 0.12% + 0.08% (or £3) per trade: a minimum of £72 per year, while Revolut would cost £0 per year.
36 trades per year - Saxo would cost 0.12% + 0.08% (or £3) per trade: a minimum of £144 per year, while Revolut would cost £47.88 per year.
120 trades per year - Saxo would cost 0.12% + 0.08% (or £3) per trade: a minimum of £396 per year, while Revolut would cost £540 per year.
3 fund trades per year - Saxo would cost £0 per year, while Revolut would cost £0 - £540 per year.
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.
When comparing Saxo and Revolut for online trading options, each offers distinct advantages depending on what you're looking for. Saxo provides a comprehensive suite of investment opportunities, including share trading, ETFs, CFDs, funds trading, and both corporate and government bonds. This extensive range has earned Saxo a 5-star rating and the top spot out of 18 brokers for investment choices, according to UK.StockBrokers.com. In contrast, Revolut focuses more on modern trends, giving users access to share and crypto trading. However, it lacks other investment options like ETFs, CFDs, and bonds.
Neither Saxo nor Revolut offers spread betting or advisor services, keeping the platforms straightforward yet approachable for traders at different levels. While Revolut carves a niche in crypto trading, Saxo wins for diversity in traditional and emerging markets, bolstered by its high-ranking status. Ultimately, choosing between Saxo and Revolut will largely depend on whether you're looking for a wide array of traditional investment options or a platform that integrates newer trading fronts like cryptocurrency.
| Feature |
Saxo
|
Revolut
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | No |
| ETFs | Yes | No |
| Funds | Yes | No |
| Bonds - Government (Gilts) | Yes | No |
| Investment Trusts | Yes | No |
| Spread Betting | No | No |
| Crypto Trading | No | Yes |
| Advisor Services | No | No |
| Investment Choices |
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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
When comparing the trading tools of Saxo and Revolut, it's clear that Saxo provides a more robust charting experience. Saxo offers a range of features, including 20 drawing tools and 64 technical indicators, significantly enhancing the ability to analyze and interpret market data. Additionally, Saxo enables users to add notes, index overlays, and stock overlays directly onto charts, supporting a more comprehensive trading strategy. Furthermore, Saxo operates through a browser-based trading platform, providing flexible access on multiple devices—something Revolut doesn't extend to its users.
On the other hand, Revolut's trading tools are more basic, lacking drawing tools and technical indicators, which might limit in-depth chart analysis. However, Revolut maintains some competitive features, such as real-time market data and the capability to create alerts for stock price updates, aligning with Saxo in these specific areas. For traders seeking a detailed and interactive charting toolkit, Saxo holds an edge over Revolut, while those who focus on fundamental features might still find Revolut adequate for straightforward trading needs.
| Feature |
Saxo
|
Revolut
|
|---|---|---|
| Web Platform | Yes | No |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 64 | 0 |
| Charting - Drawing Tools | 20 | 0 |
| Charting - Notes | Yes | No |
| Charting - Display Corporate Events | No | No |
| Charting - Stock Overlays | Yes | No |
| Charting - Index Overlays | Yes | No |
When comparing Saxo and Revolut for retirement account options, Saxo stands out by offering both Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), making it a versatile choice for those planning their financial futures. In contrast, Revolut does not provide these retirement account options, as they do not offer ISAs or SIPPs. This makes Saxo a more comprehensive option for users seeking to manage their retirement investments actively.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Both Saxo and Revolut offer mobile apps for iPhone and Android devices, catering to users who prefer managing their trading activities on the go. Saxo's mobile app is highly acclaimed, boasting a 5-star rating on UK.StockBrokers.com and securing the top spot out of 18 brokers for mobile app excellence. In contrast, Revolut's mobile app also receives recognition with a respectable 4-star rating, although it does not feature in the rankings among the 18 brokers assessed by UK.StockBrokers.com. Overall, while both platforms provide convenient mobile app solutions, Saxo stands out for its exceptional app quality and ranking.
Dive deeper: Best Stock Trading Apps UK.
When comparing beginner investor educational resources between Saxo and Revolut, Saxo stands out with its robust offerings. Saxo provides client webinars that are available both live and archived for on-demand viewing, which Revolut does not offer. However, neither platform provides educational resources for share trading, funds, or retirement topics. According to UK.StockBrokers.com, Saxo receives a stellar 5-star rating for beginner education and ranks 2nd out of 18 brokers, while Revolut holds a 3.5-star rating and lacks a specific ranking. This makes Saxo an appealing choice for beginners looking to enhance their investment knowledge through webinars.
| Feature |
Saxo
|
Revolut
|
|---|---|---|
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Education (Share Trading) | No | No |
| Education (Funds) | No | No |
| Education (Retirement) | No | No |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When it comes to market research features, Saxo outshines Revolut in several areas, making it a more comprehensive choice for investors seeking detailed insights. Saxo provides research reports for funds, a feature that Revolut does not offer. Both platforms allow users to view their portfolio allocation by asset class, which is essential for effective portfolio management. While both Saxo and Revolut offer shares research, Saxo extends its research capabilities to ETFs, funds, CFDs, and bonds, whereas Revolut lacks these additional research options. This makes Saxo a more suitable option for investors wanting in-depth analysis and a wide range of research tools to inform their trading decisions.
| Feature |
Saxo
|
Revolut
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | Yes | No |
| Research - ETFs | Yes | No |
| 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 or Revolut? After collecting more than 900 data points over a 10-week period, we found Saxo to be a better trading platform overall.
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.
| Feature |
Saxo
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Revolut
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|---|---|---|
| Overall Rating |
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| Charges & Fees |
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| Mobile App |
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| Website |
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While Saxo does not provide crypto trading services, Revolut offers its users the ability to trade cryptocurrencies, highlighting a significant difference between the two online brokers.
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0 of 5| Overall Rating | Saxo | Revolut | |
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| Review | Saxo Review | Revolut Review | |
| Winner | check_circle |
| Investments | Saxo | Revolut | |
|---|---|---|---|
| ISA | Yes | No | |
| SIPP | Yes | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | No | |
| Funds | Yes | No | |
| ETFs | Yes | No | |
| Bonds - Corporate | Yes | No | |
| Bonds - Government (Gilts) | Yes | No | |
| Investment Trusts | Yes | No | |
| Spread Betting | No | No | |
| Crypto Trading | No | No | |
| Advisor Services | No | No |
| Trading Fees | Saxo | Revolut | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 - £540 | |
| Share Trading: 0-9 Deals/ Month | From £3 or 0.08% | £0 | |
| Share Trading: 10-19 Deals/ Month | From £3 or 0.08% | 0.25% or £1 | |
| Share Trading: 20+ Deals/ Month | From £3 or 0.08% | 0.25% or £1 | |
| 5 trades per year (£30k portfolio) | 0.12% + 0.08% (or £3) per trade: a minimum of £51 | £0 | |
| 12 trades per year (£30k portfolio) | 0.12% + 0.08% (or £3) per trade: a minimum of £72 | £0 | |
| 36 trades per year (£30k portfolio) | 0.12% + 0.08% (or £3) per trade: a minimum of £144 | £47.88 | |
| 120 trades per year (£30k portfolio) | 0.12% + 0.08% (or £3) per trade: a minimum of £396 | £540 | |
| 3 fund trades per year (£30k portfolio) | 0.4% + 0% commission: £120 | N/A | |
| Annual Custody Fee: £0 - £250,000 | Up to £800 | £0 - £45 | |
| Annual Custody Fee: £250K-£500K | £500 to £1,000 | £0 - £45 | |
| Annual Custody Fee: £500,000 - £1m | Up to £1,998 | £0 - £45 | |
| Annual Custody Fee: £1m and over | £1,000 | £0 - £45 | |
| Bonds - Corporate - Fee | €20 minimum | N/A | |
| Bonds - Government (Gilts) - Fee | €20 minimum | N/A | |
| ETFs - Fee | From $1 | N/A | |
| Investment Trusts - Fee | From $1 / £3 / €10 | N/A | |
| Telephone Dealing Fee | £50 | N/A |
| Broker Screenshots | Saxo | Revolut | |
|---|---|---|---|
| Website Gallery (click to expand) |
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| Mobile Trading Apps Gallery (click to expand) |
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| Education Gallery (click to expand) |
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| Platforms & Tools | Saxo | Revolut | |
|---|---|---|---|
| Web Platform | Yes | No | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 64 | 0 | |
| Charting - Drawing Tools | 20 | 0 | |
| Charting - Notes | Yes | No | |
| Charting - Display Corporate Events | No | No | |
| Charting - Stock Overlays | Yes | No | |
| Charting - Index Overlays | Yes | No |
| Research | Saxo | Revolut | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | Yes | No | |
| Research - Funds | Yes | No | |
| Fund Research - Research Reports | Yes | No | |
| Research - ETFs | Yes | No | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | Yes | Yes |
| Education | Saxo | Revolut | |
|---|---|---|---|
| Education (Share Trading) | No | No | |
| Education (Funds) | No | No | |
| Education (Retirement) | No | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No |
| Overall Summary | Saxo | Revolut | |
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| Review | Saxo Review | Revolut Review | |
| Winner | check_circle |
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