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Saxo vs Tradier
The same facts side by side. Swap a broker from the menu under its logo; the best value in each row is marked.
- Saxo leads
- 0
- Tradier leads
- 2
- Level
- 7
Of 9 scored facts, Saxo leads on 0, Tradier on 2, and 7 are level. Countries and the offer are not scored.
Head-to-head
The best value in each row is marked; rows where every broker matches carry no mark.| Fact |  Saxo |  Tradier |
|---|---|---|
| Fee per contract | Indicative US$2 per contract | $0.35 per contractBest |
| Saxo, Rates depend on residence and account tier | Tradier, Paid plans differ; other fees apply | |
| Exercise and assignment | Not published | $9 |
| Approval | Naked | Naked |
| Saxo, Up to naked short options | Tradier, Up to naked short options | |
| 0DTE | Yes | Yes |
| Index options (SPX) | Yes | Yes |
| Options on futures | Yes | Yes |
| Spreads in an IRA | Not published | Yes |
| Portfolio margin | No | Not published |
| Margin rate | Not published | 9.75% |
| Platforms | Web, Desktop, Mobile, API | Web, Desktop, Mobile, API |
| Paper trading | Yes | Yes |
| 24/7 support | No | No |
| Countries | Residents of countries on Saxo's account form (42 listed, not the US) | US and permitted-list countries (not Canada, UK, Australia); in India no options or margin |
| QuantWheel | Not connected | Sync · Trade soonBest |
| Tradier, Reads the account; placing orders from QuantWheel is coming soon | ||
| Offer |
Facts from each broker's fee schedule and options agreement, checked 8 October 2026. Best marks the lowest cost or the widest allowance in a row.
The two brokers
One paragraph each.SaxoIndicative US$2 per contract · exercise fee not published · naked
Saxo opens options accounts for residents of Germany, among the 9 countries this directory covers. It charges Indicative US$2 per contract (Rates depend on residence and account tier). It does not publish its exercise and assignment fees. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. It is not connected to QuantWheel.
Tradier$0.35 per contract · $9 per event · naked
Tradier opens options accounts for residents of the United States, Germany, Singapore, Mexico and Brazil, among the 9 countries this directory covers. It charges $0.35 per contract (Paid plans differ; other fees apply). Exercise and assignment cost $9 each. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; placing orders from QuantWheel is coming soon, so today you place them at the broker.
What each costs for the way you trade
A year of fees from each broker's published prices, checked 7 and 8 October 2026.
- Saxo$2.80 a trade, 3.1% of your premium, fee not published
- $353 a year
- Tradier$1.99 a trade, 1.7% of your premium
- $191 a year
at least $161 a year less at Tradier
Not counted because Saxo does not publish them: clearing fee, options regulatory fee, SEC fee, FINRA trading activity fee, assignment fee.
Estimates from published fees. Your broker statement can differ, and brokers change fees. A fee a broker does not publish is never counted as $0.
Questions people ask
Saxo vs Tradier