Quick Comparison
| Feature | CMC Markets | Saxo Bank |
|---|---|---|
| Rating | ⭐ 4.6/5 | ⭐ 4.7/5 |
| Spreads | From 0.7 pips | From 0.6 pips |
| Regulation | FCA, ASIC, BaFin | FCA, ASIC, DFSA, MAS |
| Min. Deposit | $0 | $0 |
| Platforms | Next Generation, MT4 | SaxoTraderGO, SaxoTraderPRO |
Detailed Analysis
Both are established, well-regulated brokers offering premium trading experiences. CMC Markets offers more instruments while Saxo Bank provides a more premium, multi-asset platform.
Spreads & Trading Costs
CMC Markets offers spreads from From 0.7 pips, while Saxo Bank starts from From 0.6 pips. For active traders, even small spread differences compound significantly over thousands of trades.
Regulation & Safety
CMC Markets is regulated by FCA, ASIC, BaFin. Saxo Bank holds licenses from FCA, ASIC, DFSA, MAS. Both provide segregated client funds and negative balance protection for retail clients.
Trading Platforms
CMC Markets offers Next Generation, MT4, while Saxo Bank provides SaxoTraderGO, SaxoTraderPRO. Platform choice often depends on whether you use Expert Advisors or automated strategies.
Minimum Deposit
CMC Markets requires $0, compared to $0 for Saxo Bank. Lower minimums make it easier to start, but don't mistake minimum deposit for recommended starting capital.
Our Verdict
The Bottom Line
CMC Markets wins on instrument range and value for cost-conscious traders. Saxo Bank is ideal for affluent traders wanting a premium multi-asset experience.
Read Full Reviews
CMC Markets
Full in-depth review with detailed analysis of features, fees, and trading conditions.
Read CMC Markets Review →Saxo Bank
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