Saxo Capital Markets
IG

Regulations and Licenses

Feature
Saxo Capital Markets
IG
ASIC (Australia)
FCA (UK)
MAS (Singapore)
NFA or CFTC (USA)
FSCA (South Africa)
FINMA (Switzerland)
CYSEC (Cyprus)
FMA (New Zealand)
DFSA (Dubai)
BaFin (Germany)
BMA (Bermuda)
Other Regulators

Brokerage

Feature
Saxo Capital Markets
IG
EUR/USD Avg. Raw Spread
-
0.16
GBP/USD Avg. Raw Spread
-
0.59
AUD/USD Avg. Raw Spread
-
0.29
EUR/USD Standard Spread
1.20
1.13
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.8
1.66
AUD/USD Avg. Standard Spread
0.9
1.01
Commissions (USD Base)
-
$6.00
Minimum Deposit
$2000
$450
Swap Free Account
No Inactivity Fees
Funding Methods
5+
4+
No Funding Fees

Markets and Instruments

Feature
Saxo Capital Markets
IG
Currency Pairs
209+
100+
Cryptocurrency CFDs*
9+
12+
Index CFDs
-
34+
Share CFDs
30,000+
12000+
Commodities CFD
19+
35+
Stockbroking
-
Retail Max Leverage (Australia)
Major Pairs 50:1
Minor Pairs 10:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
50:1
Pro 1: 100:1
Pro 2: 250:1
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
66:1
222:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
66:1
222:1
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 10:1
Pro. Max. Leverage (UAE)
50:1
222:1
Retail Max. Leverage (USA)
-
Major Pairs 50:1
Minor Pairs 20:1
Retail Max. Leverage (Singapore)
Major Pairs 20:1
Minor Pairs 16:1
Major Pairs 20:1
Minor Pairs 20:1
Pro. Max. Leverage (Singapore)
-
50:1
Retail Max. Leverage (New Zealand)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (New Zealand)
-
222:1
Retail Max. Leverage (With offshore regulators)
-
Major Pairs 30:1
Minor Pairs 20:1
Professional Leverage
66:1
200:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Saxo Capital Markets
IG
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Saxo Capital Markets
IG
Our Rating
540
710
 

Explore our comprehensive comparison, covering the 10 most pivotal trading factors, to discern the nuanced distinctions between Saxo Markets and IG Markets.

  • Saxo Markets demands a minimum deposit of $2000, whereas IG Markets allows traders to start with as low as $450.
  • While Saxo Markets provides access to over 30,000 Share CFDs, IG Markets offers a selection of over 12,000.
  • Saxo Markets does not offer cryptocurrency CFDs to UK retail traders due to FCA regulations, but IG Markets provides access to 12+ cryptocurrency CFDs.
  • IG Markets provides a variety of trading platforms, including MT4 and MT5, whereas Saxo Markets primarily relies on its proprietary platforms.
  • Saxo Markets offers slightly tighter spreads compared to IG Markets, potentially being a more cost-effective option for some traders.