Written by StockBrokers.com
In this head to head comparison of Saxo vs Webull, 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, Webull offers better pricing than Saxo 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 vs Webull for UK investors: Saxo offers a far wider range of investment choices. UK.StockBrokers.com rates Saxo 5/5 for investment choices and ranks it 1st out of 21 brokers, while Webull scores 3/5 and ranks 21st. Neither platform provides advisor services.
Both platforms support share trading, but Saxo goes much further with access to crypto, ETFs, CFDs, funds, corporate bonds, government bonds (gilts), and investment trusts. Webull does not offer these products in the UK. If you want the broadest mix of investments in one account, Saxo is the stronger pick; if you only need straightforward share dealing, Webull may still suit.
| Feature |
Saxo
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Webull
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|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | No |
| ETFs | Yes | No |
| Mutual Funds | Yes | No |
| Bonds - Government (Gilts) | Yes | No |
| Investment Trusts | Yes | No |
| Spread Betting | No | No |
| Crypto Trading | Yes | No |
| Advisor Services | No | No |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
Saxo vs Webull for trading tools: For charting, Saxo provides 20 drawing tools and 64 technical indicators, plus stock overlays, but it does not show corporate events on charts, cannot add notes, and does not support index overlays. Webull shows corporate events on charts and lets you add notes, and it also supports stock overlays, but it offers 17 drawing tools and 12 indicators; it also does not support index overlays.
Both brokers offer browser-based platforms and price alerts. For data, Webull includes real-time market data, while Saxo does not. If you want more indicators and drawing tools, Saxo has the edge; if you prefer events on charts, note-taking, and live pricing, Webull is the better fit.
| Feature |
Saxo
|
Webull
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|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 64 | 12 |
| Charting - Drawing Tools | 20 | 17 |
| Charting - Notes | No | Yes |
| Charting - Display Corporate Events | No | Yes |
| Charting - Stock Overlays | Yes | Yes |
| Charting - Index Overlays | No | No |
When comparing online brokers Saxo and Webull for UK investors interested in retirement accounts, Saxo stands out as it offers both ISA and SIPP accounts, which are popular tax-efficient savings options for UK residents. In contrast, Webull does not provide ISA nor SIPP accounts, limiting its appeal to UK investors seeking these specific retirement solutions. Saxo's inclusion of these account types caters directly to the needs of UK customers looking to maximize their retirement savings within the available tax-advantaged frameworks.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
For UK investors comparing online brokers, both Saxo and Webull offer comprehensive mobile apps that cater to iPhone and Android users. According to UK.StockBrokers.com, Saxo's mobile app excels with an impressive 5-star rating, making it the top choice out of 21 brokers. In contrast, Webull's mobile app holds a respectable 4.5-star rating, placing it at the eighth position among its peers. With both platforms ensuring accessible trading on your smartphone, Saxo stands out for those prioritizing the highest-rated mobile experience.
Dive deeper: Best Stock Trading Apps UK.
For UK beginner investors comparing Saxo vs Webull on education, Saxo clearly leads. Saxo runs live client webinars and keeps them on demand, while Webull offers no webinars. Both cover share trading and funds, but only Saxo adds retirement education. Independent results from UK.StockBrokers.com back this up: Saxo scores 5/5 stars and ranks 3rd of 21 brokers for beginner education, whereas Webull earns 3.5/5 stars and ranks 19th. If you want webinars you can replay alongside core topics, Saxo is the stronger choice.
| Feature |
Saxo
|
Webull
|
|---|---|---|
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | Yes | Yes |
| Education (Retirement) | Yes | No |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
For UK investors focusing on market research features, Saxo offers a more comprehensive suite than Webull. Saxo provides research reports for funds and insights into shares, ETFs, funds, and bonds, while Webull lacks coverage in ETFs, funds, and bonds. Additionally, Saxo allows users to analyse their portfolio allocation by asset class, a feature missing from Webull. Both platforms do offer shares research, but Saxo’s broader capabilities may better serve investors seeking in-depth analysis and a complete understanding of their investment portfolios.
| Feature |
Saxo
|
Webull
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - ETFs | Yes | No |
| Research - Bonds | Yes | No |
| Research - Funds | Yes | No |
| Fund Research - Research Reports | Yes | No |
| Portfolio Allocation Breakdown | Yes | No |
Which broker is better overall, Saxo or Webull? 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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Webull
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| Overall Rating |
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| Mobile App |
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In the Saxo vs Webull comparison, Saxo supports crypto trading while Webull does not, making Saxo the better choice for investors seeking access to cryptocurrencies.
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0 of 5| Overall Rating | Saxo | Webull | |
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| Review | Saxo Review | Webull Review | |
| Winner | check_circle |
| Investments | Saxo | Webull | |
|---|---|---|---|
| ISA | Yes | No | |
| SIPP | Yes | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | No | |
| Mutual 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 | |||
| Advisor Services | No | No |
| Trading Fees | Saxo | Webull | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 | |
| Share Trading: 0-9 Deals/ Month | $1 / £3 / €3 | 0.025% | |
| Share Trading: 10-19 Deals/ Month | $1 / £3 / €3 | 0.025% | |
| Share Trading: 20+ Deals/ Month | $1 / £3 / €3 | 0.025% | |
| 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% | £0 | |
| Annual Platform Fee (Funds): £250K-£500K | 0.4%, 0.2%, 0.1% | £0 | |
| Annual Platform Fee (Funds): £500,000 - £1m | 0.4%, 0.2%, 0.1% | £0 | |
| Annual Platform Fee (Funds): £1m and over | 0.4%, 0.2%, 0.1% | £0 | |
| Bonds - Corporate - Fee | €20 minimum | N/A | |
| Bonds - Government (Gilts) - Fee | €20 minimum | N/A | |
| ETFs - Fee | From $1 | N/A | |
| Investment Trusts - Fee | 0.03/0.06/0.08% | N/A | |
| Telephone Dealing Fee | £50 | N/A |
| Broker Screenshots | Saxo | Webull | |
|---|---|---|---|
| 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 | Webull | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 64 | 12 | |
| Charting - Drawing Tools | 20 | 17 | |
| Charting - Notes | No | Yes | |
| Charting - Display Corporate Events | No | Yes | |
| Charting - Stock Overlays | Yes | Yes | |
| Charting - Index Overlays | No | No |
| Research | Saxo | Webull | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | Yes | No | |
| Fund Research - Research Reports | Yes | No | |
| Research - ETFs | Yes | No | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | Yes | No |
| Education | Saxo | Webull | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | Yes | Yes | |
| Education (Retirement) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No |
| Overall Summary | Saxo | Webull | |
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| Review | Saxo Review | Webull Review | |
| Winner | check_circle |
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