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Side-by-Side Comparison Independent Updated Oct 28, 2026

RHB Securities vs Saxo Bank 2026: Which Broker is Better?

Compare RHB Securities and Saxo Bank side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

RHB Securities

Saxo Bank

Higher ratedSaxo Bank logo

Saxo Bank

4.0/ 5
Visit Saxo Bank →Full review
VS
RHB SecuritiesSaxo Bank
BrokerRank Score3.4/54.0/5 ✓
Min. Deposit$0 ✓$2000
Spread from0 pips ✓0.4 pips
Max Leverage1:21:200 ✓
RegulationSC Malaysia, MASFCA, MAS, ASIC ✓
PlatformsRHB TradeSmart, RHB MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
RHB SecuritiesSaxo Bank
Best for Low Fees
RHB SecuritiesSaxo Bank
Best for Regulation
Saxo BankRHB Securities
Best Overall
Saxo BankRHB Securities
Quick Answer

Saxo Bank is the better choice overall, scoring 4.0/5 vs 3.4/5 on BrokerRank's independent rating. On fees, RHB Securities offers lower spreads (0 pips).

See full side-by-side comparison below

RHB Securities vs Saxo Bank: Key Differences

Feature

RHB Securities

Saxo Bank

Winner
Our Rating
3.4 / 5
4.0 / 5
Min. Deposit
$0
$2000
Max Leverage
Spread From
0 pips
0.4 pips
Commission
$0.1/lot
$0.08/lot
Regulated By
SC MalaysiaMAS
Platforms
RHB TradeSmart, RHB Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Bonds, Funds
Stocks, Forex, Cfd, Indices, Commodities
Founded
1994
1992
Headquarters
Kuala Lumpur, Malaysia
Copenhagen, Denmark
Score
2 / 5
3 / 5

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Fees Comparison

Fee

RHB Securities

Saxo Bank

Spread From
0 pips
0.4 pips
Commission
$0.1/lot
$0.08/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

RHB Securities scores 3.43/5 while Saxo Bank scores 4.00/5 in our independent rating.

Saxo Bank edges ahead overall, but RHB Securities may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

RHB Securities

RHB Securities

3.4/5

Choose RHB Securities if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
Saxo Bank

Saxo Bank

4.0/5

Top pick

Choose Saxo Bank if you want…

  • Higher overall rating (4.0/5)
  • Higher leverage (up to 1:200)
  • More regulatory licences (3)
  • More market types (5)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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FCA
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FCA
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#3Plus500 logo
Plus500
4.0
MAS
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#6XM logo
XM
3.9
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Both RHB Securities & Saxo Bank are available in

Frequently Asked Questions

1

Is RHB Securities better than Saxo Bank?

Saxo Bank scores higher overall on our independent rating system. RHB Securities holds a 3.4/5 rating vs Saxo Bank's 4.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, RHB Securities or Saxo Bank?

RHB Securities offers spreads from 0 pips, while Saxo Bank starts at 0.4 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for RHB Securities vs Saxo Bank?

RHB Securities requires a minimum deposit of $0. Saxo Bank requires $2000.

4

Which broker is safer, RHB Securities or Saxo Bank?

RHB Securities is regulated by SC Malaysia, MAS, while Saxo Bank holds licences from FCA, MAS, ASIC.

5

What trading platforms do RHB Securities and Saxo Bank support?

RHB Securities supports RHB TradeSmart, RHB Mobile. Saxo Bank supports Proprietary Web, Proprietary Mobile.

6

Can I use both RHB Securities and Saxo Bank?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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