Head-to-Head Comparison

CMC Markets vs Saxo Bank

Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.

CMC Markets

FCA

Est. 1989

Score

2:2

Saxo Bank

FSA

Est. 1992

Quick Summary

CMC Markets (established 1989) and Saxo Bank (established 1992) are both regulated forex and CFD brokers. Saxo Bank offers tighter spreads starting from 0.4 pips, compared to CMC Markets's 0.7 pips. Both brokers offer similar maximum leverage of 30:1. Saxo Bank has a lower minimum deposit requirement of $2000.

Trading Conditions

Feature

CMC Markets

Saxo Bank

Min. Spread

0.7 pips

0.4 pips

Min. Deposit

$2000

Max Leverage

30:1

Execution

Market Maker

Instruments

12000+

71000+

Founded

1989

1992

Headquarters

United Kingdom

Denmark

Regulation & Licensing

CMC Markets

FCA(173730)

United Kingdom

BaFin(154814)

Germany

ASIC(238554)

Australia

Saxo Bank

FSA(1149)

Denmark

FCA(440751)

United Kingdom

ASIC(321946)

Australia

Platforms & Features

Feature

CMC Markets

Saxo Bank

Platforms

Next Generation, MetaTrader 4, MetaTrader 5

SaxoTraderGO, SaxoTraderPRO

Copy Trading

VPS Hosting

Neg. Balance Protection

Islamic Account

Demo Account

Server Infrastructure

Metric

CMC Markets

Saxo Bank

Total Servers

Total Endpoints

Countries

Hosting Providers

CMC MARKETS PLC, Beeks Financial Cloud

Account Types

CMC Markets

CFD Account

Spread: 0.7 pipsMin: $0Lev: 30:1

Spread Betting Account

Spread: 0.7 pipsMin: $0Lev: 30:1

Saxo Bank

Classic

Spread: 0.6 pipsMin: $2000Lev: 30:1

Platinum

Spread: 0.4 pipsMin: $200000Lev: 30:1

Verdict: CMC Markets vs Saxo Bank

Based on our verified data analysis, both brokers are evenly matched across our comparison criteria. Your choice should depend on your specific trading priorities.

Choose Saxo Bank if you prioritize the tightest possible spreads. Choose Saxo Bank for a lower entry barrier.

Full CMC Markets Review Full Saxo Bank Review

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Use Full Comparison Tool

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.