Zachary P435_ Morris#81

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Are Saxo Bank’s spreads and fees competitive compared to IG or FOREX.com?

Saxo Bank’s pricing is competitive but structured differently. Spreads on major forex pairs like EUR/USD start from 0.6 pips, which is similar to IG. However, Saxo also charges commissions on certain products, such as equities and ETFs, starting at around $3 per trade. Unlike retail-focused brokers, Saxo Bank emphasizes multi-asset investing, covering forex, CFDs, stocks, bonds, mutual funds, and options. Fees are generally transparent, published in detailed pricing tables. Independent reviews rate Saxo Bank as fairly priced for professionals, though retail traders may find cheaper options elsewhere. Its value lies in its premium execution, research, and institutional-grade access rather than being the absolute lowest-cost broker.