BROKER COMPARISON

IG vs Saxo Bank

An in-depth comparison to help you choose the right broker for your trading journey.

Quick Verdict

4.4/5
Best for: Experienced traders
Visit IG
VS
4.5/5
Best for: Professional traders
Visit Saxo Bank

Side-by-Side Comparison

Feature
Overall Rating
4.4/5
4.5/5
Minimum Deposit
$250
$2,000
Spreads From
0.6 pips
0.4 pips
Max Leverage
Up to 30:1 (EU)
Up to 30:1 (EU)
Instruments
17,000+
71,000+
Fees Score
3.8/5
3.5/5
Platforms Score
4.6/5
4.8/5
Education Score
4.5/5
4.3/5
Safety Score
4.9/5
4.9/5
Platforms
IG Trading Platform, MetaTrader 4, ProRealTime, L2 Dealer
SaxoTraderGO, SaxoTraderPRO, SaxoInvestor
Founded
1974
1992
Headquarters
London, United Kingdom
Copenhagen, Denmark

Pros & Cons

Pros

  • + 50+ years established
  • + Publicly traded (FTSE 250)
  • + 17,000+ markets
  • + Excellent research
  • + Advanced ProRealTime charts

Cons

  • - Higher minimum deposit
  • - Inactivity fees
  • - Complex fee structure
Open IG Account

Pros

  • + 71,000+ instruments
  • + Award-winning platforms
  • + Bank-level security
  • + Premium research
  • + Options and futures

Cons

  • - High minimum deposit ($2,000)
  • - Premium pricing
  • - Complex for beginners
  • - Inactivity fees
Open Saxo Bank Account

Our Recommendation

Choose

If you:

  • Experienced traders
  • Research-focused traders
  • UK traders
Visit IG →
Choose

If you:

  • Professional traders
  • High-net-worth investors
  • Multi-asset portfolios
Visit Saxo Bank →

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JD

James D. from London

matched with AvaTrade

2 minutes ago