Compare CMC Markets vs Saxo Bank

Online brokers compared for fees, trading platforms, safety and more. See how CMC Markets stacks up against Saxo Bank!

CMC Markets vs Saxo Bank
open account	Visit broker 76% of retail CFD accounts lose money	Visit broker
overall rating	4.6	4.8
overall pros	Low forex fees Great web and mobile platforms Advanced research and educational tools	Great trading platform Outstanding research Broad product portfolio
overall cons	High stock CFD fees Limited product portfolio Complicated account verification	High bond, options and futures fees High minimum deposit Lacks live chat and 24/7 availability
fees	3.5 Low forex fees No withdrawal fee High stock CFD fees	3.0 Low forex fees Low fund fees No withdrawal fee Inactivity fee High bond, options and futures fees
account opening	4.1 Fully digital No minimum deposit Complicated account verification	2.5 Fully digital User-friendly Available in almost every country Minimum deposit is high in certain countries Slow account verification
deposit and withdrawal	4.8 Credit/Debit card available No deposit fee Several account base currencies £15 fee for international bank transfers	4.8 Credit/Debit card available Free withdrawal No deposit fee Electronic wallets not available for deposit or withdrawal
web trading platform	4.4 Clear fee report Good customizability (for charts, workspace) Modern design No two-step (safer) login	5.0 User-friendly Clear fee report Two-step (safer) login
mobile trading platform	4.4 User-friendly Good search function Good variety of order types No two-step (safer) login	5.0 User-friendly Two-step (safer) login Good search function
desktop trading platform	3.4 Clear fee report Good customizability (for charts, workspace) Price alerts No two-step (safer) login Poor design	5.0 User-friendly Clear fee report Good customizability (for charts, workspace)
markets and products	2.2 Forex CFD Crypto	5.0 Stock ETF Forex Fund Bond Options Futures CFD Crypto SaxoSelect
research	5.0 Good interactive chart Trading ideas Data on asset fundamentals	5.0 Good interactive chart Trading ideas Data on asset fundamentals Most fundamental data is not free of charge
customer service	4.5 Phone support Live chat Fast response time No 24/7 support	4.0 Phone support Relevant answers No live chat No 24/7 support
education	5.0 Demo account Trading platform tutorial Educational videos	4.5 Demo account Trading platform tutorial Educational videos No educational articles
safety	Majority of clients belong to a top-tier financial authority Listed on stock exchange Negative balance protection Does not hold a banking license	Majority of clients belong to a top-tier financial authority Banking background Negative balance protection for EU (+some MENA) customers Not listed on stock exchange
recommended for	Forex and CFD traders looking for an advanced trading platform with many research tools	Investors and traders looking for a great trading platform and solid research

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