Comparison Public vs Saxo Bank
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Public vs Saxo Bank. Is Public or Saxo Bank a better online broker?
First of all, we’ll compare the commission fees of the two brokers. Public has a commission fee of $0, and Saxo Bank has a commission fee of from 0.1% commission. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, ETFs Trading are provided to customers by Public and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by Saxo Bank. As for platforms, Public offers Android App, iOS App, while Saxo Bank offers Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Public was founded in 2017 in United States, and it is regulated by FINRA. And Saxo Bank was founded in 1992 in Denmark, and it is regulated by FCA, FSA, DFSA, ASIC, FSC. We can withdraw funds from Public with the help of Bank Wire, and its withdrawal fee is -. And Saxo Bank provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is 0. The time for withdrawal in Public is 3-5 business days, and that one in Saxo Bank is 1-2 business days.
As a result, the rating of Public is 3.4 stars versus that of Saxo Bank of 4.1 stars.