Saxo Bank vs IG Group 2026: Which Broker is Better?
Compare Saxo Bank and IG Group side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Saxo Bank
IG Group
| Saxo Bank | IG Group | |
|---|---|---|
| BrokerRank Score | 4.0/5 | 4.3/5 ✓ |
| Min. Deposit | $2000 ✓ | $250 |
| Spread from | 0.4 pips ✓ | 0.6 pips |
| Max Leverage | 1:200 | 1:200 |
| Regulation | FCA, MAS, ASIC | FCA, ASIC, MAS ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
IG Group is the better choice overall, scoring 4.3/5 vs 4.0/5 on BrokerRank's independent rating. On fees, Saxo Bank offers lower spreads (0.4 pips).
See full side-by-side comparison belowSaxo Bank vs IG Group: Key Differences
Saxo Bank
IG Group
WinnerStill deciding between Saxo Bank and IG Group?
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Fees Comparison
Saxo Bank
IG Group
BrokerRank Verdict
Saxo Bank scores 4.00/5 while IG Group scores 4.33/5 in our independent rating.
IG Group 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)
IG Group
4.3/5
Choose IG Group if you want…
- Higher overall rating (4.3/5)
- No per-trade commission
- Lower minimum deposit ($250)
- More regulatory licences (4)
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 & IG Group are available in
Frequently Asked Questions
1Is Saxo Bank better than IG Group?
IG Group scores higher overall on our independent rating system. Saxo Bank holds a 4.0/5 rating vs IG Group's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Saxo Bank or IG Group?
Saxo Bank offers spreads from 0.4 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Saxo Bank vs IG Group?
Saxo Bank requires a minimum deposit of $2000. IG Group requires $250.
4Which broker is safer, Saxo Bank or IG Group?
Saxo Bank is regulated by FCA, MAS, ASIC, while IG Group holds licences from FCA, ASIC, MAS, SEC.
5What trading platforms do Saxo Bank and IG Group support?
Saxo Bank supports Proprietary Web, Proprietary Mobile. IG Group supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Saxo Bank and IG Group?
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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