Side-by-Side Comparison Independent Updated Sep 11, 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
VS
| RHB Securities | Saxo Bank | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $2000 |
| Spread from | 0 pips ✓ | 0.4 pips |
| Max Leverage | 1:2 | 1:200 ✓ |
| Regulation | SC Malaysia, MAS | FCA, MAS, ASIC ✓ |
| Platforms | RHB TradeSmart, RHB Mobile | Proprietary 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 belowRHB Securities vs Saxo Bank: Key Differences
Feature
RHB Securities
Saxo Bank
WinnerOur Rating
3.4 / 5
4.0 / 5
Min. Deposit
$0
$2000
Spread From
0 pips
0.4 pips
Commission
$0.1/lot
$0.08/lot
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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Find my matchFees 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
3.4/5
Choose RHB Securities if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
Saxo Bank
4.0/5
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
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.
Both RHB Securities & Saxo Bank are available in
Frequently Asked Questions
1Is 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.
2Which 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.
3What is the minimum deposit for RHB Securities vs Saxo Bank?
RHB Securities requires a minimum deposit of $0. Saxo Bank requires $2000.
4Which 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.
5What trading platforms do RHB Securities and Saxo Bank support?
RHB Securities supports RHB TradeSmart, RHB Mobile. Saxo Bank supports Proprietary Web, Proprietary Mobile.
6Can 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Saxo Bank
Capital at risk · T&Cs apply