Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

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

Choosing between Saxo Bank and CIMB Securities depends on your trading style, preferred markets, and budget. Saxo Bank is headquartered in Copenhagen, Denmark, while CIMB Securities operates from Kuala Lumpur, Malaysia. CIMB Securities has the longer track record, established in 1978, compared to Saxo Bank which was founded in 1992. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

Saxo Bank

CIMB Securities

Higher ratedSaxo Bank logo

Saxo Bank

4.0/ 5
Visit Saxo Bank →Full review
VS
Saxo BankCIMB Securities
BrokerRank Score4.0/5 ✓3.4/5
Min. Deposit$2000$0 ✓
Spread from0.4 pips0 pips ✓
Max Leverage1:200 ✓1:5
RegulationFCA, MAS, ASIC ✓SC, MAS
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, iTrade
Quick VerdictBrokerRank recommends
Best for Beginners
CIMB SecuritiesSaxo Bank
Best for Low Fees
CIMB SecuritiesSaxo Bank
Best for Regulation
Saxo BankCIMB Securities
Best Overall
Saxo BankCIMB 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, CIMB Securities offers lower spreads (0 pips).

See full side-by-side comparison below

Saxo Bank vs CIMB Securities: Key Differences

Feature

Saxo Bank

Winner

CIMB Securities

Our Rating
4.0 / 5
3.4 / 5
Min. Deposit
$2000
$0
Max Leverage
Spread From
0.4 pips
0 pips
Commission
$0.08/lot
$0.1/lot
Regulated By
SCMAS
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, iTrade
Markets
Stocks, Forex, Cfd, Indices, Commodities
Stocks, Etf, Indices, Forex
Founded
1992
1978
Headquarters
Copenhagen, Denmark
Kuala Lumpur, Malaysia
Score
3 / 5
2 / 5

Still deciding between Saxo Bank and CIMB Securities?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

Saxo Bank

CIMB Securities

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

Regulation & Trust

Saxo Bank holds licences from FCA, MAS, ASIC. CIMB Securities is regulated by MAS, SC.

Markets & Assets

Both brokers offer access to Stocks, Forex, Indices markets. Saxo Bank additionally covers Cfd, Commodities. CIMB Securities adds Etf.

Fees & Spreads

On spreads, CIMB Securities is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.4 pips at Saxo Bank.

Trading Platforms

Saxo Bank supports Proprietary Web, Proprietary Mobile. CIMB Securities offers Proprietary Web, Proprietary Mobile, iTrade. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

Saxo Bank requires a minimum deposit of $2,000, while CIMB Securities sets no minimum deposit. This makes CIMB Securities accessible to traders with any budget.

Overall Ratings

BrokerRank scores Saxo Bank at 4.00/5 and CIMB Securities at 3.29/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Saxo Bank leads overall with a clear advantage.

BrokerRank Verdict

Saxo Bank is our recommended pick in this comparison, scoring 4.00/5 versus CIMB Securities's 3.29/5. Saxo Bank holds more tier-1 licences (FCA, MAS, ASIC), offering stronger regulatory protection. CIMB Securities has a fees advantage with 0.0 pip spreads. Traders with smaller budgets may find CIMB Securities's lower minimum deposit of $0 more accessible. CIMB Securities is still a solid option for beginners starting with a smaller initial capital, but Saxo Bank offers a stronger overall package for the majority of traders.

Who Should Choose Which?

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)
CIMB Securities

CIMB Securities

3.4/5

Choose CIMB Securities if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • More established (est. 1978)
  • More platforms (3 supported)

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#3Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#6XM logo
XM
3.9
Visit

Both Saxo Bank & CIMB Securities are available in

Frequently Asked Questions

1

Is Saxo Bank better than CIMB Securities?

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

2

Which has lower fees, Saxo Bank or CIMB Securities?

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

3

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

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

4

Which broker is safer, Saxo Bank or CIMB Securities?

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

5

What trading platforms do Saxo Bank and CIMB Securities support?

Saxo Bank supports Proprietary Web, Proprietary Mobile. CIMB Securities supports Proprietary Web, Proprietary Mobile, iTrade.

6

Can I use both Saxo Bank and CIMB Securities?

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

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply