Side by side
Saxo vs eToro
Choose up to four firms. We compare what matters when things go wrong: licences, compensation, legal protections, track record, then platforms and products.
| Firm | Saxo | eToro |
|---|---|---|
| Protection Score | 82 | 82 |
| Licence status | EU/EEA licence | EU/EEA licence |
| European licences | Finanstilsynet (DK) FCA FINMA | CySEC FCA |
| Other licences | ASIC MAS SFC FSA Japan | ASIC FSRA (ADGM) |
| Compensation via EU/UK/CH entity | Finanstilsynet (DK): At least €20,000 per investor (EU minimum under the Investor Compensation Schemes Directive 97/9/EC; schemes may cover 90% of the claim). FCA: Up to £85,000 per person per firm for investments FINMA: Securities are separated from the bank's own assets; cash is covered by deposit protection | CySEC: 90% of the covered claim, capped at €20,000 per investor FCA: Up to £85,000 per person per firm for investments |
| Negative balance protection (retail) | Yes, by law via EU/UK entity | Yes, by law via EU/UK entity |
| Headquarters |  Denmark |  Israel |
| Founded | 1992 | 2007 |
| Type | Multi-asset brokers | Forex & CFD brokers |
| Listed / bank | Banking licence | Listed group |
| Platforms | Own platform, TradingView | Own platform |
| Products | Forex, CFDs, Stocks, ETFs, Options, Futures, Bonds, Funds | Stocks, ETFs, Crypto, CFDs |
| Features | Professional accounts, Direct market access | Copy / social trading, MiCA-licensed crypto |
| Full profile | Full profile |
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