IronFX vs Saxo
By Akash · Facts re-checked (UTC)
Here is how IronFX and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| IronFX | Saxo | |
|---|---|---|
| Regulators | CySEC | Danish FSA, FCA |
| Minimum deposit | – | No minimum deposit (individual account) |
| Spreads from | 0 pips (Raw ECN, with commission); 1.2 pips average on Standard accounts | 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, WebTrader, PAMM, TradeCopier | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| Retail accounts losing money | – | 66% |
Full reviews: IronFX review · Saxo review
Frequently asked questions
Are IronFX and Saxo regulated?
IronFX: CySEC. Saxo: Danish FSA, FCA.
Which has tighter spreads, IronFX or Saxo?
Published spreads start from 0 pips (Raw ECN, with commission); 1.2 pips average on Standard accounts at IronFX and 1 pip EUR/USD minimum (global page; varies by country) at Saxo; commission: IronFX 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