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Add to SafariWhen comparing SaxoTrader vs Jiffy Trading App, the Slant community recommends SaxoTrader for most people. In the question“What are the best trading platforms?” SaxoTrader is ranked 4th while Jiffy Trading App is ranked 9th. The most important reason people chose SaxoTrader is:
There is a big variety of chart types - line, area, Heikin-Ashi, and others. There are different indicators available, like trading volume, moving averages, Fibbonaci retracement, and so on.
Question Ranking
Pros
Pro Lots of tools for technical analysis
There is a big variety of chart types - line, area, Heikin-Ashi, and others. There are different indicators available, like trading volume, moving averages, Fibbonaci retracement, and so on.
Pro Big variety of instruments available
The instruments you can trade vary from stocks, forex, CFDs, ETFs, futures, and options.
Pro Mobile and Web versions available
Besides the Desktop application, there is a Web version and mobiles app. Although it has to be noted, that they don't include all the features of the platform.
Pro Lots of free learning resources
Free video tutorials are made by Saxo Bank that help to start using the platform. They cover everything from setting up your workspace to creating orders.
Pro Integrated news screen
You can view the latest news regarding your investments right in the platform. They are aggregated from different sources to provide a more objective perspective.
Pro Trade fast
You can buy and sell from 7 different places.
Pro Secure
Secure retrieval and storage of data with 256-bit SSL Encryption.
Pro Simple UI
In a few clicks, you can seamlessly navigate the app and take actions.
Cons
Con Support team can seem irritating
Saxo Bank's team is known to call from time to time to inquire about your experience with the platform. Although there's nothing intrinsically bad with that, it can become annoying really fast.
Con High initial deposit is required
To start trading with Saxo Bank's platform, you need to deposit at least $10,000 into your account.
