Comparison Saxo Bank vs Vanguard

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Saxo Bank vs Vanguard. Which of them: Saxo Bank or Vanguard a better online broker?

First of all, we’ll compare the commission fees of the two brokers. Saxo Bank has a commission fee of from 0.1% commission, and Vanguard has a commission fee of $7 per trade (first 25). When analyzing trading options, the commission fees of Saxo Bank is from £2.50 per lot, and that one of Vanguard is $7+$1 per contract (first 25). 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, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided to customers by Saxo Bank and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading are provided by Vanguard. As for platforms, Saxo Bank offers Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while Vanguard offers Web Platform, 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. Saxo Bank was established in 1992 in Denmark, and it is regulated by FCA, FSA, DFSA, ASIC, FSC. And Vanguard was established in 1975 in USA, and it is regulated by Various local Jurisdictions. We can withdraw funds from Saxo Bank with the help of Bank Wire, and its withdrawal fee is 0. And Vanguard provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $10. The withdrawal time for Saxo Bank is 1-2 business days, and that one for Vanguard is 3 Business days.

As a result, the rating of Saxo Bank is 4.1 stars versus that of Vanguard of 3.9 stars.