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, Revolut 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 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.
For UK investors looking to compare their options, Saxo stands out with a comprehensive array of investment choices, including share trading, ETFs, CFDs, funds, corporate bonds, government bonds, and investment trusts. While they do not offer cryptocurrency trading or spread betting, Saxo’s broad range of investments has earned them a five-star rating from UK.StockBrokers.com, securing the top spot for investment choices among 21 brokers.
On the other hand, Revolut offers a more limited selection, with share trading and cryptocurrency trading being its main attractions. Unlike Saxo, Revolut does not provide options for ETFs, CFDs, funds, corporate bonds, government bonds, or investment trusts. This narrower focus results in a 3.5-star rating, placing Revolut at 19th out of 21 brokers for investment choices. Although both platforms cater to different needs, Saxo offers more variety for those seeking diverse investments in the UK.
| 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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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
For UK traders deliberating between Saxo and Revolut, the differences in trading tools between these online brokers are apparent. Saxo excels with its diverse toolkit, offering 64 technical indicators and 20 drawing tools for charting, which Revolut lacks entirely. Both platforms do not display corporate events like earnings or dividends on charts, but Saxo stands out by enabling users to add notes, stock overlays, and index overlays to their charts. Additionally, Saxo supports a browser-based trading platform, which Revolut does not.
When it comes to stock price alerts and real-time market data, both Saxo and Revolut deliver, ensuring traders stay informed with up-to-date information. However, Saxo provides a more enriched and interactive trading experience with its comprehensive charting features, making it an appealing choice for traders who value in-depth technical analysis and chart customization tools. In contrast, Revolut's simplicity might cater to those who prefer a more straightforward approach to trading without the need for extensive charting capabilities.
| 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 online brokers Saxo and Revolut for retirement account options in the UK, Saxo provides a more extensive offering. Saxo supports both Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), catering to those looking to grow their savings with tax advantages. On the other hand, Revolut does not offer ISAs or SIPPs, limiting their appeal for UK users seeking to invest specifically for retirement. For those prioritizing retirement planning through ISAs and SIPPs, Saxo stands out as the suitable choice.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
For UK investors seeking mobile trading options, both Saxo and Revolut offer apps for iPhone and Android devices. Saxo's mobile app stands out with a top rating of 5 stars from UK.StockBrokers.com, securing the number one spot among 21 brokers. In comparison, Revolut's app, though still popular, receives a respectable 4-star rating and ranks 14th. These scores highlight Saxo's superior user experience and features on mobile platforms.
Dive deeper: Best Stock Trading Apps UK.
For beginner investors seeking educational resources in the UK, Saxo and Revolut offer distinct experiences. Saxo excels with comprehensive educational client webinars that are also available on demand, providing flexibility and depth. In contrast, Revolut does not provide these webinar resources. Both platforms lack educational content on share trading, funds, and retirement. Rated five stars by UK.StockBrokers.com, Saxo stands as a top resource for beginners, ranked third among 21 brokers. Meanwhile, Revolut, with a 3.5-star rating, positions at 21st, offering less in terms of beginner-focused education.
| 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.
For those comparing market research features between online brokers in the UK, Saxo and Revolut offer distinct differences. Saxo provides comprehensive research reports for funds, which are absent in Revolut. Both platforms allow you to view your portfolio allocation by asset class and offer research on shares. However, Saxo extends its research offering with insights on ETFs, funds, CFDs, and bonds, whereas Revolut limits its research to shares without additional support for these investment types. Such detailed research options with Saxo can enhance decision-making for investors who seek more thorough market analysis.
| 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’ 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
|
|---|---|---|
| Overall Rating |
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| Charges & Fees |
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| Investment Choices |
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| Mobile App |
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| Website |
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| Ease of Use |
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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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