Higher Rated
Saxo Bank
Capital at risk · T&Cs apply
Choosing between Saxo Bank and InvestEngine depends on your trading style, preferred markets, and budget. Saxo Bank is headquartered in Copenhagen, Denmark, while InvestEngine operates from London, UK. Saxo Bank has the longer track record, established in 1992, compared to InvestEngine which was founded in 2019. 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
InvestEngine
Saxo Bank is the better choice overall, scoring 4.0/5 vs 3.2/5 on BrokerRank's independent rating. On fees, InvestEngine offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Saxo Bank
4.0 vs 3.2
Lowest Fees
InvestEngine
0.4 vs 0 pips
Regulation
Saxo Bank
3 vs 1 licences
Min. Deposit
InvestEngine
$2000 vs $0
Saxo Bank
InvestEngine
WinnerSaxo Bank
InvestEngine
Lower feesSaxo Bank holds licences from FCA, MAS, ASIC. InvestEngine is regulated by FCA.
Both brokers offer access to Stocks markets. Saxo Bank additionally covers Forex, Cfd, Indices, Commodities.
On spreads, InvestEngine is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.4 pips at Saxo Bank.
Saxo Bank supports Proprietary Web, Proprietary Mobile. InvestEngine offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Saxo Bank requires a minimum deposit of $2,000, while InvestEngine sets no minimum deposit. This makes InvestEngine accessible to traders with any budget.
BrokerRank scores Saxo Bank at 4.00/5 and InvestEngine at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Saxo Bank leads overall with a clear advantage.
Saxo Bank scores higher overall on our independent rating system. Saxo Bank holds a 4.0/5 rating vs InvestEngine's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Saxo Bank offers spreads from 0.4 pips, while InvestEngine starts at 0 pips. Check the fees section above for a full breakdown.
Saxo Bank requires a minimum deposit of $2000. InvestEngine requires $0.
Saxo Bank is regulated by FCA, MAS, ASIC, while InvestEngine holds licences from FCA.
Saxo Bank supports Proprietary Web, Proprietary Mobile. InvestEngine supports Proprietary Web, Proprietary Mobile.
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.