Head to head
Saxo vs thinkorswim
Both platforms are scored with the same methodology and the same category rubric. Nothing on this page is influenced by advertising.
52/100 | 56/100Higher score | |
|---|---|---|
| Category rank | #7 | #5 |
| Confidence | High confidence | High confidence |
| External Reputation | 72 | 64 |
| AI Authority | 27 | 52 |
| Web Authority | 48 | 43 |
| Expert Assessment | 61 | 65 |
| TOP10 User Score | — | — |
| Pricing | Not published — Classic/Platinum/VIP CFD spread and commission tables did not render on retrieval · free tier: No minimum funding amount to open a trading account (Saxo UK Help Centre, updated 27 November 2025) | $0 commission on online stocks/ETFs · free tier: All Schwab trading platforms — thinkorswim desktop, web, mobile, Schwab.com and Schwab Mobile — are free with any Schwab account; paper trading included free |
| Pricing model | Commission and spread based, tiered by volume/balance (Classic, Platinum, VIP) | Usage-based |
| Best for | Active UK traders who want CFDs as one instrument among many, value holding physical shares, bonds and funds in the same account as leveraged positions, trade enough volume to reach Platinum or VIP pricing, and are comfortable reading a detailed cost schedule. | High-volume options and futures traders who want free professional-grade charting and will invest weeks in mastering the platform. |
| Avoid if | You are a beginner or low-volume trader wanting one simple published spread with no tier system, you need to price a strategy precisely before funding an account, you run a heavily short-biased single-stock strategy, or you cannot absorb the risk implied by the 60% retail loss rate. | You are a beginner wanting simplicity, you depend on fast responsive human support, or you park large uninvested cash balances between trades before checking sweep rates. |
| Markets | Retail traders, Active/high-volume traders, Multi-asset investors | Retail self-directed traders, Active options and futures traders |
| Founded | — | — |
| Headquarters | — | — |
A higher TOP SCORE means more of the evidence favours that platform on this methodology — it is not a recommendation, and it does not account for your specific requirements. Advertisers are never declared the winner of a comparison.