Side-by-Side Comparison Independent Updated Jul 31, 2026
UOB Kay Hian vs Saxo Bank 2026: Which Broker is Better?
Compare UOB Kay Hian and Saxo Bank side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
UOB Kay Hian
Saxo Bank
VS
| UOB Kay Hian | Saxo Bank | |
|---|---|---|
| BrokerRank Score | 3.3/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $2000 |
| Spread from | 0 pips ✓ | 0.4 pips |
| Max Leverage | 1:5 | 1:200 ✓ |
| Regulation | MAS, SFC | FCA, MAS, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, UTRADE | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
UOB Kay HianSaxo Bank
Best for Low Fees
UOB Kay HianSaxo Bank
Best for Regulation
Saxo BankUOB Kay Hian
Best Overall
Saxo BankUOB Kay Hian
Quick Answer
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 belowUOB Kay Hian vs Saxo Bank: Key Differences
Feature
UOB Kay Hian
Saxo Bank
WinnerOur Rating
3.3 / 5
4.0 / 5
Min. Deposit
$0
$2000
Spread From
0 pips
0.4 pips
Commission
$0.18/lot
$0.08/lot
Platforms
Proprietary Web, Proprietary Mobile, UTRADE
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Indices, Forex
Stocks, Forex, Cfd, Indices, Commodities
Founded
1973
1992
Headquarters
Singapore
Copenhagen, Denmark
Score
2 / 5
3 / 5
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Find my matchFees Comparison
Fee
UOB Kay Hian
Saxo Bank
Spread From
0 pips
0.4 pips
Commission
$0.18/lot
$0.08/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
UOB Kay Hian scores 3.31/5 while Saxo Bank scores 4.00/5 in our independent rating.
Saxo Bank edges ahead overall, but UOB Kay Hian 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?
UOB Kay Hian
3.3/5
Choose UOB Kay Hian if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 1973)
- More platforms (3 supported)
Saxo Bank
4.0/5
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)
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 UOB Kay Hian & Saxo Bank are available in
Frequently Asked Questions
1Is UOB Kay Hian better than Saxo Bank?
Saxo Bank scores higher overall on our independent rating system. UOB Kay Hian holds a 3.3/5 rating vs Saxo Bank's 4.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, UOB Kay Hian or Saxo Bank?
UOB Kay Hian offers spreads from 0 pips, while Saxo Bank starts at 0.4 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for UOB Kay Hian vs Saxo Bank?
UOB Kay Hian requires a minimum deposit of $0. Saxo Bank requires $2000.
4Which broker is safer, UOB Kay Hian or Saxo Bank?
UOB Kay Hian is regulated by MAS, SFC, while Saxo Bank holds licences from FCA, MAS, ASIC.
5What trading platforms do UOB Kay Hian and Saxo Bank support?
UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE. Saxo Bank supports Proprietary Web, Proprietary Mobile.
6Can I use both UOB Kay Hian and Saxo Bank?
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.
Higher Rated
Saxo Bank
Capital at risk · T&Cs apply