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.
When it comes to investment choices for UK investors, Saxo and Revolut offer distinct experiences. Saxo provides a comprehensive range of options, including share trading, crypto trading, ETFs, CFD trading, funds, corporate bonds, government bonds, and investment trusts. Revolut, on the other hand, supports share trading and crypto trading. However, it does not offer the ability to trade ETFs, CFDs, funds, or bonds, which might limit more experienced investors seeking a diverse portfolio.
Rated by UK.StockBrokers.com, Saxo receives a solid 5-star rating for its wide selection of investment choices and proudly holds the top spot out of 21 brokers. Conversely, Revolut scores 3.5 stars and ranks #19, reflecting its more limited offerings. This comparison highlights Saxo as an excellent choice for investors who value a versatile investment platform, while Revolut might appeal more to beginners interested in a straightforward trading experience.
| Feature |
Saxo
|
Revolut
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | |
| ETFs | Yes | |
| Funds | Yes | |
| Bonds - Government (Gilts) | Yes | |
| Investment Trusts | Yes | |
| Spread Betting | ||
| Crypto Trading | Yes | |
| Advisor Services | ||
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
For UK traders weighing their online broker options, Saxo offers a versatile suite of features compared to Revolut when it comes to trading tools. Saxo allows users to display corporate events like earnings, splits, and dividends directly on their charts, a capability not available with Revolut. Traders on Saxo can utilise 20 diverse drawing tools and have access to 64 technical indicators, offering sophisticated chart analysis. Meanwhile, Revolut provides no drawing tools or technical indicators for charting, which may limit advanced charting needs.
Saxo further enhances the trading experience by allowing users to add notes, stock overlays, and index overlays to their charts, in addition to providing a fully-fledged browser-based trading platform. While both platforms offer real-time market data and the ability to set alerts for stock price updates, these features alone might appeal more to basic traders. For those seeking in-depth charting capabilities and customization, Saxo stands out as the more feature-rich choice.
| Feature |
Saxo
|
Revolut
|
|---|---|---|
| Web Platform | Yes | |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 64 | 0 |
| Charting - Drawing Tools | 20 | 0 |
| Charting - Notes | Yes | |
| Charting - Display Corporate Events | ||
| Charting - Stock Overlays | Yes | |
| Charting - Index Overlays | Yes |
In the UK, choosing the right online broker for retirement accounts is crucial, and Saxo and Revolut offer different options to consider. Saxo provides both Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), offering flexibility for managing retirement savings. On the other hand, Revolut does not currently offer ISAs or SIPPs, which might limit options for those focused on retirement planning. For those in the UK seeking comprehensive investment solutions with retirement account availability, Saxo might be more suitable compared to Revolut.
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.
When comparing Saxo and Revolut for beginner investor education, Saxo clearly emerges as the more student-friendly option. Saxo offers live and archived educational webinars, making it easy for beginners to learn at their own pace, whereas Revolut does not provide this resource. According to UK.StockBrokers.com, Saxo's beginner education is rated five stars, securing the third spot among 21 brokers. In contrast, Revolut is rated 3.5 stars and ranks last. For UK investors beginning their trading journey, Saxo offers a more comprehensive and accessible educational experience compared to Revolut.
| Feature |
Saxo
|
Revolut
|
|---|---|---|
| Client Webinars | Yes | |
| Client Webinars (Archived) | Yes | |
| Education (Share Trading) | ||
| Education (Funds) | ||
| Education (Retirement) | ||
| Education |
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|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the online brokers Saxo and Revolut for their market research features, UK users will find distinct differences in their offerings. Saxo provides comprehensive research reports across various investment types, including funds, shares, ETFs, CFDs, and bonds, making it a versatile choice for investors seeking detailed insights. In contrast, Revolut does not offer research reports for funds, ETFs, CFDs, or bonds, limiting its scope in those areas. However, both platforms do allow users to view portfolio allocation by asset class and offer research for shares, ensuring that investors can still access essential information for these particular investments.
| Feature |
Saxo
|
Revolut
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | Yes | |
| Research - ETFs | Yes | |
| Research - Bonds | Yes | |
| Research - Funds | Yes | |
| Fund Research - Research Reports | Yes | |
| 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
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|---|---|---|
| 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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| Education |
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While Saxo does not offer crypto trading, Revolut provides users the opportunity to trade cryptocurrencies.
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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 | ||
| SIPP | Yes | ||
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | ||
| Funds | Yes | ||
| ETFs | Yes | ||
| Bonds - Corporate | Yes | ||
| Bonds - Government (Gilts) | Yes | ||
| Investment Trusts | Yes | ||
| Spread Betting | |||
| Crypto Trading | |||
| Advisor Services |
| 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 | ||
| 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 | ||
| Charting - Display Corporate Events | |||
| Charting - Stock Overlays | Yes | ||
| Charting - Index Overlays | Yes |
| Research | Saxo | Revolut | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | Yes | ||
| Research - Funds | Yes | ||
| Fund Research - Research Reports | Yes | ||
| Research - ETFs | Yes | ||
| Research - Bonds | Yes | ||
| Portfolio Allocation Breakdown | Yes | Yes |
| Education | Saxo | Revolut | |
|---|---|---|---|
| Education (Share Trading) | |||
| Education (Funds) | |||
| Education (Retirement) | |||
| Client Webinars | Yes | ||
| Client Webinars (Archived) | Yes |
| Overall Summary | Saxo | Revolut | |
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| Review | Saxo Review | Revolut Review | |
| Winner | check_circle |
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