Markets.comvs
Saxo BankForex Broker Comparison
Markets.com and Saxo Bank face off on regulation, pricing, and platform strength. The tension centers on protection, cost, and the breadth of tradable instruments.
Who should choose Markets.com vs Saxo Bank?
Find out which broker best suits your trader profile.
Choose if…
Choose Markets.com if you want MT4/MT5 support and a low $25 minimum deposit. You also avoid an inactivity fee and benefit from 24/5 live chat.
Choose if…
Choose Saxo Bank if you want access to 71,000+ instruments and premium multi-asset platforms SaxoTraderGO/PRO. You also benefit from tiered active-trader pricing.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Markets.com vs Saxo Bank: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 4.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.9 / 5▲ |
Markets.com vs Saxo Bank Forex Broker Pros & Cons
Pros
CySEC, FCA, ASIC, and FSCA four-jurisdiction regulation
$25 minimum deposit - lowest among brokers with this regulatory stack
2,200+ instruments including shares CFDs
FSCS protection (UK) and ICF compensation (EU)
Client funds held in segregated accounts
Markets.com vs Saxo Bank: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
Markets.com
criteria wins
0
Saxo Bank
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Markets.com | Saxo Bank |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Markets.com vs Saxo Bank: Frequently Asked Questions
Saxo Bank rates 4.7/5 versus 4/5 for Markets.com. Saxo Bank edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both Markets.com and Saxo Bank start from 0.6 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Saxo Bank has no minimum deposit, while Markets.com requires at least $25. This makes Saxo Bank more accessible for traders with limited starting capital.
Both Markets.com and Saxo Bank hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Saxo Bank has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Markets.com lists maximum leverage of 30:1, while Saxo Bank lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Markets.com supports Proprietary Web/Mobile, MetaTrader 4, MetaTrader 5, while Saxo Bank supports Proprietary Web/Mobile, SaxoTraderGO. Both provide Proprietary Web/Mobile. Markets.com has exclusive access to MetaTrader 4 and MetaTrader 5. Saxo Bank has exclusive access to SaxoTraderGO.
