Online brokers compared for fees, trading platforms, safety and more. See how CMC Markets stacks up against Saxo Bank!
Last update of data—Dec 2022
CMC Markets is a UK-based global CFD and forex broker, regulated by multiple top-tier authorities including the UK FCA.
Saxo Bank is a Danish investment bank. It is regulated by several top-tier financial authorities globally, including the UK regulator called FCA (Financial Conduct Authority).
Recommended for forex and CFD traders looking for an advanced trading platform with many research tools.
Recommended for investors and traders looking for a great trading platform and solid research.
CMC Markets
CMC Markets is a UK-based global CFD and forex broker, regulated by multiple top-tier authorities including the UK FCA.
Recommended for forex and CFD traders looking for an advanced trading platform with many research tools.
Saxo Bank
Saxo Bank is a Danish investment bank. It is regulated by several top-tier financial authorities globally, including the UK regulator called FCA (Financial Conduct Authority).
Recommended for investors and traders looking for a great trading platform and solid research.
CMC Markets's service is on par with Saxo Bank's and a comparison of their fees shows that CMC Markets's fees are slightly lower than Saxo Bank's.
Account opening takes about the same effort at CMC Markets compared to Saxo Bank, deposit and withdrawal processes are about the same quality at CMC Markets, while customer service quality is somewhat better than Saxo Bank's.
Our experts rated the trading platform of CMC Markets as somewhat worse than the platform of Saxo Bank, found that clients have access to much less markets and products with CMC Markets, while Saxo Bank provides just about the same quality of research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
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