Home › Compare › eToro vs Saxo
eToro vs Saxo for US stocks
Both give you real share ownership, so the decision comes down to cost, country eligibility and platform.
Pick eToro if beginners. Pick Saxo if larger portfolios.
Whether a position is a real share or a derivative is decided by your region and leverage setting — check before assuming ownership.
Visit eToroPriced for size — the tiering rewards larger balances and punishes small ones.
Visit SaxoSide by side
| eToro | Saxo | |
|---|---|---|
| What you hold | The share | The share |
| US stock access | 3,000+ stocks across US and global exchanges | US listed stocks plus 50+ global exchanges |
| Minimum deposit | $50 | None |
| Fractional shares | Yes | No |
| Published pricing | $0 commission on real stock investing in most regions; currency conversion and withdrawal fees apply. | Tiered commission on US shares that falls with account level; custody fees apply in some jurisdictions. |
| Platforms | eToro web, eToro mobile | SaxoTraderGO, SaxoTraderPRO |
| Extended hours | Not offered on real-stock orders | Available on selected US listings |
| Regulation | FCA 583263, CySEC 109/10, ASIC 491139 | DFSA 1149, FCA 551422, MAS CMS100411 |
| Founded | 2007 | 1992 |
Where each one wins
eToro
- Beginners
- Copy trading
- Mixing real shares and CFDs in one app
- Whether you get a real share or a CFD depends on your region and whether leverage is applied
- FX conversion costs on non-USD deposits
Saxo
- Larger portfolios
- Investors wanting US plus European and Asian listings
- Bank-grade custody
- Costs bite at small account sizes
- No fractional shares
Frequently asked questions
eToro or Saxo — which is better for US stocks?
Both give you real share ownership, so the decision comes down to cost, country eligibility and platform. eToro: beginners. Saxo: larger portfolios.
Which is cheaper?
eToro: $0 commission on real stock investing in most regions; currency conversion and withdrawal fees apply. Saxo: Tiered commission on US shares that falls with account level; custody fees apply in some jurisdictions. Both figures are restated from each broker's own pricing page; for small non-USD accounts, currency conversion usually costs more than commission does.
Which is better regulated?
eToro is authorised by FCA, CySEC, ASIC; Saxo by DFSA, FCA, MAS. What matters is which entity holds your account, since that determines your compensation scheme and leverage limits.
Reviewed August 2026. Figures restated from each broker's published pages.