IG
Saxo Bank
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders of any experience level looking for an easy-to-use trading platform
Recommended for Investors and traders looking for a great trading platform and solid research
Best forex broker
UK
Denmark
Fees
High trading fees, average non-trading fees
Average trading and non-trading fees, low forex fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
6
26
Deposit type
Withdrawal type
Account opening
$0
$2000
1-3 days
1 day
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: personal ID / passport / driver's licence Proof of residence: ID card / insurance card / utility bill / bank statement
Trading platform
Markets and products
Disclaimer: 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are not provided for US clients. Forex trading involves risk. Losses can exceed deposits.
Disclaimer: 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
£85,000 in the UK, €20,000 in the rest of Europe excl. Switzerland, no protection in the US and many other countries
€100,000 for cash and €20,000 for securities for most European clients; £85,000 for UK clients; CHF 100,000 for Swiss clients; HKD 500,000 for securities at Hong Kong entity; no protection for clients from Singapore, Japan and Australia
1974
1992
UK, EU, Switzerland, USA, Singapore, Japan, South Africa, UAE, Australia, New Zealand
Denmark, UK, France, Italy, Switzerland, Singapore, Japan, Hong Kong, Australia
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
IG's service is on par with Saxo Bank's and a comparison of their fees shows that IG's fees are slightly lower than Saxo Bank's.
Account opening takes about the same effort at IG compared to Saxo Bank, deposit and withdrawal processes are about the same quality at IG, while customer service quality is similar to Saxo Bank's.
Our experts rated the trading platform of IG as being of the same quality as the platform of Saxo Bank, found that clients have access to about the same number of markets and products with IG, while Saxo Bank provides better research and education.