IG vs Saxo Bank
An in-depth comparison to help you choose the right broker for your trading journey.
QUICK VERDICT
Who Wins?
HEAD-TO-HEAD
Side-by-Side Comparison
Feature
Overall Rating
4.4/5
4.5/5
Minimum Deposit
$250
$2,000
Spreads From
0.6 pips
0.4 pips
Max Leverage
Up to 30:1 (EU)
Up to 30:1 (EU)
Instruments
17,000+
71,000+
Fees Score
3.8/5
3.5/5
Platforms Score
4.6/5
4.8/5
Education Score
4.5/5
4.3/5
Safety Score
4.9/5
4.9/5
Platforms
IG Trading Platform, MetaTrader 4, ProRealTime, L2 Dealer
SaxoTraderGO, SaxoTraderPRO, SaxoInvestor
Founded
1974
1992
Headquarters
London, United Kingdom
Copenhagen, Denmark
ANALYSISOpen IG AccountOpen Saxo Bank Account
Pros & Cons
Pros
- 50+ years established
- Publicly traded (FTSE 250)
- 17,000+ markets
- Excellent research
- Advanced ProRealTime charts
Cons
- Higher minimum deposit
- Inactivity fees
- Complex fee structure
Pros
- 71,000+ instruments
- Award-winning platforms
- Bank-level security
- Premium research
- Options and futures
Cons
- High minimum deposit ($2,000)
- Premium pricing
- Complex for beginners
- Inactivity fees
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