FBS vs Saxo
By Akash · Facts re-checked (UTC)
Here is how FBS and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FBS | Saxo | |
|---|---|---|
| Regulators | FSC (Belize) | Danish FSA, FCA |
| Minimum deposit | $5 | No minimum deposit (individual account) |
| Spreads from | 0.7 pips (Standard account) | 1 pip EUR/USD minimum (global page; varies by country) |
| Commission | – | USD 3 fixed commission on FX trades under 50,000 units |
| Max leverage | 1:3000 on forex (FBS Markets Inc., Belize) | – |
| Platforms | MetaTrader 4, MetaTrader 5, FBS app | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| Retail accounts losing money | – | 66% |
Full reviews: FBS review · Saxo review
Frequently asked questions
What is the minimum deposit at FBS and Saxo?
FBS: $5. Saxo: No minimum deposit (individual account).
Are FBS and Saxo regulated?
FBS: FSC (Belize). Saxo: Danish FSA, FCA.
Which has tighter spreads, FBS or Saxo?
Published spreads start from 0.7 pips (Standard account) at FBS and 1 pip EUR/USD minimum (global page; varies by country) at Saxo; commission: FBS 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