FP Markets vs Saxo
By Akash · Facts re-checked (UTC)
Here is how FP Markets and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FP Markets | Saxo | |
|---|---|---|
| Regulators | ASIC, CySEC, FSCA, FSA Seychelles | Danish FSA, FCA |
| Minimum deposit | – | No minimum deposit (individual account) |
| Spreads from | from 0.0 pips (Raw) | 1 pip EUR/USD minimum (global page; varies by country) |
| Commission | US$3 per lot per side (Raw, MT4/MT5) | USD 3 fixed commission on FX trades under 50,000 units |
| Max leverage | 1:500 (MT4/MT5/cTrader, non-EU/non-AU entity) | – |
| Platforms | MT4, MT5, cTrader, TradingView, WebTrader | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| Retail accounts losing money | – | 66% |
Full reviews: FP Markets review · Saxo review
Frequently asked questions
Are FP Markets and Saxo regulated?
FP Markets: ASIC, CySEC, FSCA, FSA Seychelles. Saxo: Danish FSA, FCA.
Which has tighter spreads, FP Markets or Saxo?
Published spreads start from from 0.0 pips (Raw) at FP Markets and 1 pip EUR/USD minimum (global page; varies by country) at Saxo; commission: FP Markets US$3 per lot per side (Raw, MT4/MT5), 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