FXTM vs Saxo
By Akash · Facts re-checked (UTC)
Here is how FXTM and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FXTM | Saxo | |
|---|---|---|
| Regulators | FSC Mauritius, CMA Kenya | Danish FSA, FCA |
| Minimum deposit | – | No minimum deposit (individual account) |
| Spreads from | from 0.0 pips (Advantage account) | 1 pip EUR/USD minimum (global page; varies by country) |
| Commission | – | USD 3 fixed commission on FX trades under 50,000 units |
| Platforms | MetaTrader 4, MetaTrader 5 | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| Retail accounts losing money | – | 66% |
Full reviews: FXTM review · Saxo review
Frequently asked questions
Are FXTM and Saxo regulated?
FXTM: FSC Mauritius, CMA Kenya. Saxo: Danish FSA, FCA.
Which has tighter spreads, FXTM or Saxo?
Published spreads start from from 0.0 pips (Advantage account) at FXTM and 1 pip EUR/USD minimum (global page; varies by country) at Saxo; commission: FXTM 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