Saxo Capital Markets Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If Saxo Capital Markets does not match your requirements we explain the top Saxo Capital Markets alternatives and Saxo Capital Markets competitors in this guide.
The best alternative for Saxo Capital Markets is IC Markets or Roboforex.
When searching for a Saxo Capital Markets alternative, there are a few things you need to check. The Saxo Capital Markets trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top Saxo Capital Markets alternatives and competitors feature by feature further below this Saxo Capital Markets alternatives guide.
If you are looking for a trading platform that offers similar features to Saxo Capital Markets or Saxo Capital Markets. Or if you are looking for features that Saxo Capital Markets does not offer that you require when trading, we will show you the best Saxo Capital Markets alternative options below.
We highlight the pros and cons of each Saxo Capital Markets alternative. Maybe you are looking for better customer service from a Saxo Capital Markets alternative or more competitive Saxo Capital Markets fees and more financial instruments to trade.
We have listed some reasons why Saxo Capital Markets may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- Saxo Capital Markets does not allow hedging (See brokers for Hedging here)
- ECN accounts are not offered by Saxo Capital Markets (Look here for Saxo Capital Markets alternatives offering ECN accounts)
- Saxo Capital Markets does not offer MT4 (See Saxo Capital Markets alternatives offering the MT4 trading platform here)
- MT5 is not offered by Saxo Capital Markets (find Saxo Capital Markets alternatives that offer the MT5 trading platform here)
- cTrader is not offered by Saxo Capital Markets (find Saxo Capital Markets alternatives offering the cTrader trading platform here)
- Saxo Capital Markets does not offer Micro accounts (Check here for Saxo Capital Markets alternatives offering micro accounts)
- Saxo Capital Markets does not offer VIP accounts (Check here for Saxo Capital Markets alternatives offering VIP accounts)
- Saxo Capital Markets does not offer Islamic accounts (Check here for Saxo Capital Markets alternatives offering Islamic accounts)
Top Saxo Capital Markets Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | SaxoInvestor, Apple App iOS, Android Google Play, SaxoTraderGO, SaxoTraderPRO, Connectivity & APIs, Web Trader | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 71000 | 2250 | 12000 |
| 📈 Stocks Offered | 19000 | 2100 | 0 |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 200 | 61 | 35 |
| 📈 Commodities | 70 | 20 | 21 |
| 💰 Min Deposit | 0 | 200 | 10 |
| 👱♂️ Used By | 1,200,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2012 | 2007 | 2009 |
| 👮♂️ Regulation | Financial Conduct Authority (FCA) (551422), FSA (Danish Financial Supervisory Authority) (1149), Australian Securities and Investments Commission (ASIC) (126373), Monetary Authority of Singapore (MAS) (DU231), Financial Services Agency of Japan (FSA Japan) (8010401052447), Swiss Financial Market Supervisory Authority (FINMA) (55037), Dubai Financial Services Authority (DFSA) (F003311), Hong Kong Securities and Futures Commission (SFC) (AYZ045), Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) (170025), South African Financial Sector Conduct Authority (FSCA) (43906) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | Denmark | Australia | Belize |
| 🚫 Excluded Countries | US | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature Saxo Capital Markets alternative comparison, you can scroll further down here.
