Updated February 2026

IG vs Saxo Bank

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

50+ Data Points

Real Testing

2026 Updated

QUICK VERDICT

Who Wins?

4.4/5

Best for: Experienced traders

Visit IG

4.5/5

Best for: Professional traders

Visit Saxo Bank

HEAD-TO-HEAD

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)

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

Platforms

IG Trading Platform, MetaTrader 4, ProRealTime, L2 Dealer

SaxoTraderGO, SaxoTraderPRO, SaxoInvestor

Founded

1974

1992

Headquarters

London, United Kingdom

Copenhagen, Denmark

ANALYSIS

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

RECOMMENDATION

Which Broker Should You Choose?

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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