IGvs
Saxo BankCrypto Exchange Comparison
The comparison pits IG, a CFD driven crypto broker, against Saxo Bank, a multi-asset platform. The axis centers on regulatory credibility, asset breadth, and platform reach.
Our Verdict
IG winsby 0.3 pts
IG edges Saxo Bank on the overall editorial score due to broader crypto coverage and stronger regulatory credibility. Saxo Bank remains strong on security and transparency with a Danish banking licence and audited accounts, though asset selection is narrower.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Coin selection: IG lists 70 coins; Saxo Bank offers about 20.
- 2Regulatory framework: IG is FCA-listed; Saxo Bank has Danish banking licence.
- 3Platforms: IG offers MT4 and TradingView; SaxoTraderGO is the platform.
Who should choose IG vs Saxo Bank?
Find out which crypto exchange best suits your trading profile.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
Saxo Bank wins for security due to Danish banking licence and audited accounts.
Best for low fees
It’s a tie
Both equally suited
IG uses spread-only pricing, while Saxo Bank uses classic tier spreads.
IG vs Saxo Bank: Side-by-Side Crypto Exchange Comparison
| Criteria |  IG |  Saxo Bank |
|---|---|---|
| Editorial score | 4.2/ 5 | 3.9/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0.6 pips | 0.6 pips |
| Taker Fee | N/A | N/A |
| Inactivity Fee | £12/month (after 24 months)▼ lower | $100/quarter (low-balance accounts) |
| Deposit Fee |
IG vs Saxo Bank Crypto Exchange Pros & Cons
Pros
- 70+ cryptocurrencies including weekend Bitcoin and Ethereum markets
- FCA-listed regulatory framework, significantly stronger than most crypto exchanges
- Available on IG's proprietary platform, ProRealTime charts, and MT4
- No deposit or withdrawal fee on standard funding methods
Cons
- Spread-only market maker pricing, wider than specialist crypto exchanges
IG vs Saxo Bank: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
Highlighted rows show where the two exchanges differ
| Criteria | IG | Saxo Bank |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Fail | Fail |
| Phone support | Pass | Pass |
IG vs Saxo Bank: Frequently Asked Questions
The scores are close: IG rates 4.2/5 and Saxo Bank rates 3.9/5. IG has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both IG and Saxo Bank list the same spread figure of 0.6. Compare each exchange's full fee schedule, including maker/taker rates and any volume discounts, to evaluate total trading costs.
Neither IG nor Saxo Bank requires a minimum deposit, making both accessible regardless of starting capital.
Both IG and Saxo Bank hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both exchanges provide negative balance protection. Also compare demo account availability and educational resources on each exchange's site before deciding.
IG offers up to 2:1 on perpetual or margin products, versus Saxo Bank's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
IG supports ProRealTime, Proprietary Web/Mobile, TradingView, MetaTrader 4, while Saxo Bank supports SaxoTraderGO, Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. IG has exclusive access to ProRealTime and TradingView and MetaTrader 4. Saxo Bank has exclusive access to SaxoTraderGO.
