BROKER COMPARISON TOOL

IC Markets vs Saxo

Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.

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	IC Markets	Saxo
Overall score	3.46 / 5	3.25 / 5
Regulation	CySEC No. 362/18 + FSA Seychelles No. SD018	FCA No. 551422
Entity	IC Markets (EU) Ltd	Saxo Capital Markets UK Ltd
Founded	2007	1992
Headquarters	Sydney, Australia	Copenhagen, Denmark
Minimum deposit	$200	Not independently confirmed
Avg. spread (EUR/USD)	0.8 pips	Not independently confirmed
Platforms	MT4, MT5, cTrader	SaxoTraderGO, SaxoTraderPRO
Other Tier-1 regulators	ASIC	MAS
Instruments	Forex, metals, stocks, commodities, futures, crypto, indices	72,000+ instruments across stocks (23,000+), bonds (5,200+), ETFs (7,400+), mutual funds (18,300+), forex (185+ pairs plus 45+ FX vanilla options), listed options (20+ exchanges), futures (250+), and CFDs (8,600+ on stocks/indices/forex/commodities), per Saxo's own partner/product pages.
Visit	Visit IC Markets	Visit Saxo

Full IC Markets review → · Full Saxo review → · Compare different brokers →

How this score is calculated: Nine weighted categories against a fixed, disclosed rubric -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5% -- not a ranking relative to other brokers, and not hands-on tested. See the full methodology. Verify current terms directly with the broker and its regulator's public register before depositing funds. This is not personalized financial advice.