Written by StockBrokers.com
In this head to head comparison of XTB vs Saxo, 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, XTB 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.
Comparing XTB vs Saxo for UK investors, both provide share dealing, ETFs and CFD trading. Saxo goes further with crypto trading, funds, corporate bonds, government bonds (gilts) and investment trusts, none of which are available at XTB based on the information provided. Neither broker offers adviser services, and spread betting availability isn’t specified here.
On investment choice, UK.StockBrokers.com rates XTB 4.5/5 and ranks it 12th of 21, while Saxo earns 5/5 and ranks 2nd of 21. If you want the widest range of markets, Saxo covers more product types; if you mainly trade shares, ETFs and CFDs, both platforms fit the bill.
| Feature |
XTB
|
Saxo
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|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | Yes |
| ETFs | Yes | Yes |
| Mutual Funds | No | Yes |
| Bonds - Government (Gilts) | No | Yes |
| Investment Trusts | No | Yes |
| 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 charting, XTB lets you display corporate events (earnings, splits, dividends) directly on charts, add notes, and apply index and stock overlays. Saxo does not show corporate events or allow chart notes, and it lacks index overlays, but it does support stock overlays. In terms of tools, Saxo offers more drawing tools (20 vs 4) and many more technical indicators (64 vs 13). Both brokers provide a browser‑based trading platform.
For alerts and data, Saxo supports price alerts for stock updates, while XTB does not. However, XTB provides real‑time market data, whereas Saxo does not. In short, pick XTB if on‑chart events and real‑time data matter most; choose Saxo if you want a wider range of drawing tools, indicators, and price alerts.
| Feature |
XTB
|
Saxo
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | No | Yes |
| Charting - Indicators / Studies | 13 | 64 |
| Charting - Drawing Tools | 4 | 20 |
| Charting - Notes | Yes | No |
| Charting - Display Corporate Events | Yes | No |
| Charting - Stock Overlays | Yes | Yes |
| Charting - Index Overlays | Yes | No |
When comparing online brokers XTB and Saxo for retirement account options in the UK, it is important to note that both offer Individual Savings Accounts (ISAs). However, if you're looking to open a Self-Invested Personal Pension (SIPP), Saxo stands out as the better choice since XTB does not provide this option. Therefore, while both platforms cater to ISA investors, SAXO might be more suitable for those seeking a comprehensive retirement savings solution that includes SIPPs.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Comparing online brokers XTB and Saxo for mobile trading in the UK: both provide iPhone and Android apps. According to UK.StockBrokers.com, XTB’s mobile app is rated 4.5/5 stars and ranks 9th out of 21 brokers, while Saxo’s app earns 5/5 stars and ranks 1st, making it the top choice for app quality. If you want the highest-rated mobile experience, Saxo leads, but XTB still offers a well-rated, user-friendly way to trade on the go.
Dive deeper: Best Stock Trading Apps UK.
For UK beginner investors comparing education resources, Saxo has the edge over XTB: Saxo runs educational webinars and keeps them on demand, and it covers share trading, funds and retirement, while XTB offers no webinars and focuses mainly on share trading. UK.StockBrokers.com rates Saxo 5/5 for beginner education and ranks it #2 of 21 brokers, compared with XTB’s 4.5/5 and #8. If you want broader topics and webinar replays, choose Saxo; if you only need share trading guides, XTB is a solid option.
| Feature |
XTB
|
Saxo
|
|---|---|---|
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | Yes |
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | No | Yes |
| Education (Retirement) | No | Yes |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
For UK investors comparing XTB vs Saxo on market research: both offer shares and ETF research, but Saxo adds funds and bonds research, research reports for funds, and the ability to view portfolio allocation by asset class—none of which XTB provides. Choose Saxo if you want fuller coverage of funds, bonds, and allocation tools; XTB suits those focused mainly on straightforward shares and ETF research.
| Feature |
XTB
|
Saxo
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Research - Bonds | No | Yes |
| Research - Funds | No | Yes |
| Fund Research - Research Reports | No | Yes |
| Portfolio Allocation Breakdown | No | Yes |
Which broker is better overall, XTB or Saxo? After collecting more than 900 data points over a 10-week period, we found XTB to be a better trading platform overall.
XTB is a low-cost investing platform best known for its commission-free stock and ETF trading, free ISA, and strong educational content for newer investors.
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Saxo
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In the XTB vs Saxo comparison for cryptocurrency trading, Saxo offers crypto trading while XTB does not.
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0 of 5| Overall Rating | XTB | Saxo | |
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| Review | XTB Review | Saxo Review | |
| Winner | check_circle |
| Investments | XTB | Saxo | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | No | Yes | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | Yes | |
| Mutual Funds | No | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | No | Yes | |
| Bonds - Government (Gilts) | No | Yes | |
| Investment Trusts | No | Yes | |
| Spread Betting | No | No | |
| Crypto Trading | |||
| Advisor Services | No | No |
| Trading Fees | XTB | Saxo | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 | |
| Share Trading: 0-9 Deals/ Month | £0 | $1 / £3 / €3 | |
| Share Trading: 10-19 Deals/ Month | £0 | $1 / £3 / €3 | |
| Share Trading: 20+ Deals/ Month | £0 | $1 / £3 / €3 | |
| 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 | N/A | 0.4%, 0.2%, 0.1% | |
| Annual Platform Fee (Funds): £250K-£500K | N/A | 0.4%, 0.2%, 0.1% | |
| Annual Platform Fee (Funds): £500,000 - £1m | N/A | 0.4%, 0.2%, 0.1% | |
| Annual Platform Fee (Funds): £1m and over | N/A | 0.4%, 0.2%, 0.1% | |
| Bonds - Corporate - Fee | N/A | €20 minimum | |
| Bonds - Government (Gilts) - Fee | N/A | €20 minimum | |
| ETFs - Fee | £0 | From $1 | |
| Investment Trusts - Fee | N/A | 0.03/0.06/0.08% | |
| Telephone Dealing Fee | N/A | £50 |
| Broker Screenshots | XTB | Saxo | |
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| Platforms & Tools | XTB | Saxo | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | No | Yes | |
| Charting - Indicators / Studies | 13 | 64 | |
| Charting - Drawing Tools | 4 | 20 | |
| Charting - Notes | Yes | No | |
| Charting - Display Corporate Events | Yes | No | |
| Charting - Stock Overlays | Yes | Yes | |
| Charting - Index Overlays | Yes | No |
| Research | XTB | Saxo | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | No | Yes | |
| Fund Research - Research Reports | No | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | No | Yes | |
| Portfolio Allocation Breakdown | No | Yes |
| Education | XTB | Saxo | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | No | Yes | |
| Education (Retirement) | No | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | Yes |
| Overall Summary | XTB | Saxo | |
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| Review | XTB Review | Saxo Review | |
| Winner | check_circle |
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