CMC Markets vs Saxo
By Akash · Facts re-checked (UTC)
Here is how CMC Markets and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| CMC Markets | Saxo | |
|---|---|---|
| Regulators | FCA | Danish FSA, FCA |
| Minimum deposit | No minimum deposit to open an account | No minimum deposit (individual account) |
| Spreads from | 0.7 points on forex (Next Generation, UK) | 1 pip EUR/USD minimum (global page; varies by country) |
| Commission | – | USD 3 fixed commission on FX trades under 50,000 units |
| Max leverage | 30:1 for retail traders (CMC Markets UK plc) | – |
| Platforms | Next Generation, MetaTrader 4, TradingView | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| Retail accounts losing money | 68% | 66% |
Full reviews: CMC Markets review · Saxo review
Frequently asked questions
What is the minimum deposit at CMC Markets and Saxo?
CMC Markets: No minimum deposit to open an account. Saxo: No minimum deposit (individual account).
Are CMC Markets and Saxo regulated?
CMC Markets: FCA. Saxo: Danish FSA, FCA.
Which has tighter spreads, CMC Markets or Saxo?
Published spreads start from 0.7 points on forex (Next Generation, UK) at CMC Markets and 1 pip EUR/USD minimum (global page; varies by country) at Saxo; commission: CMC Markets none listed, Saxo USD 3 fixed commission on FX trades under 50,000 units.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more