Saxo Bank
UOB Kay Hian
VS
Higher Rated
Saxo Bank
Capital at risk · T&Cs apply
Choosing between Saxo Bank and UOB Kay Hian depends on your trading style, preferred markets, and budget. Saxo Bank is headquartered in Copenhagen, Denmark, while UOB Kay Hian operates from Singapore. UOB Kay Hian has the longer track record, established in 1973, 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
UOB Kay Hian
Saxo Bank is the better choice overall, scoring 4.0/5 vs 3.3/5 on BrokerRank's independent rating. On fees, UOB Kay Hian offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Saxo Bank
4.0 vs 3.3
Lowest Fees
UOB Kay Hian
0.4 vs 0 pips
Regulation
Saxo Bank
3 vs 2 licences
Min. Deposit
UOB Kay Hian
$2000 vs $0
Saxo Bank
WinnerUOB Kay Hian
Saxo Bank
UOB Kay Hian
Saxo Bank holds licences from FCA, MAS, ASIC. UOB Kay Hian is regulated by MAS, SFC.
Both brokers offer access to Stocks, Forex, Indices markets. Saxo Bank additionally covers Cfd, Commodities. UOB Kay Hian adds Etf.
On spreads, UOB Kay Hian 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. UOB Kay Hian offers Proprietary Web, Proprietary Mobile, UTRADE. Both brokers are available on Proprietary Web, Proprietary Mobile.
Saxo Bank requires a minimum deposit of $2,000, while UOB Kay Hian sets no minimum deposit. This makes UOB Kay Hian accessible to traders with any budget.
BrokerRank scores Saxo Bank at 4.00/5 and UOB Kay Hian at 3.31/5, 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 UOB Kay Hian's 3.3/5. 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 UOB Kay Hian starts at 0 pips. Check the fees section above for a full breakdown.
Saxo Bank requires a minimum deposit of $2000. UOB Kay Hian requires $0.
Saxo Bank is regulated by FCA, MAS, ASIC, while UOB Kay Hian holds licences from MAS, SFC.
Saxo Bank supports Proprietary Web, Proprietary Mobile. UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE.
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.