Saxo Bank vs CMC Markets 2026: Which Broker is Better?
Compare Saxo Bank and CMC Markets side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Saxo Bank
CMC Markets
| Saxo Bank | CMC Markets | |
|---|---|---|
| BrokerRank Score | 4.0/5 | 4.0/5 ✓ |
| Min. Deposit | $2000 | $0 ✓ |
| Spread from | 0.4 pips ✓ | 0.7 pips |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, MAS, ASIC | FCA, ASIC, MAS |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
Saxo Bank (4.0/5) and CMC Markets (4.0/5) are closely matched. Saxo Bank has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowSaxo Bank vs CMC Markets: Key Differences
Saxo Bank
CMC Markets
WinnerStill deciding between Saxo Bank and CMC Markets?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
Saxo Bank
CMC Markets
BrokerRank Verdict
Saxo Bank scores 4.00/5 while CMC Markets scores 4.04/5 in our independent rating.
CMC Markets edges ahead overall, but Saxo Bank 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?
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
- Tighter spreads (from 0.4 pips)
CMC Markets
4.0/5
Choose CMC Markets if you want…
- No per-trade commission
- No minimum deposit
- Higher leverage (up to 1:500)
- More market types (6)
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 Saxo Bank & CMC Markets are available in
Frequently Asked Questions
1Is Saxo Bank better than CMC Markets?
Saxo Bank (4.0/5) and CMC Markets (4.0/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, Saxo Bank or CMC Markets?
Saxo Bank offers spreads from 0.4 pips, while CMC Markets starts at 0.7 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Saxo Bank vs CMC Markets?
Saxo Bank requires a minimum deposit of $2000. CMC Markets requires $0.
4Which broker is safer, Saxo Bank or CMC Markets?
Saxo Bank is regulated by FCA, MAS, ASIC, while CMC Markets holds licences from FCA, ASIC, MAS.
5What trading platforms do Saxo Bank and CMC Markets support?
Saxo Bank supports Proprietary Web, Proprietary Mobile. CMC Markets supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Saxo Bank and CMC Markets?
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.
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