Head-to-Head Comparison
IG 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.
IG
FCA
Est. 1974
VS
Score
2:2
Saxo Bank
FSA
Est. 1992
Quick Summary
IG (established 1974) and Saxo Bank (established 1992) are both regulated forex and CFD brokers. Saxo Bank offers tighter spreads starting from 0.4 pips, compared to IG's 0.6 pips. Both brokers offer similar maximum leverage of 200:1. Saxo Bank has a lower minimum deposit requirement of $2000.
Trading Conditions
Feature
IG
Saxo Bank
Min. Spread
0.6 pips
0.4 pips
Min. Deposit
$0
$2000
Max Leverage
200:1
30:1
Execution
Market Maker / DMA
Market Maker
Instruments
18000+
71000+
Founded
1974
1992
Headquarters
United Kingdom
Denmark
Regulation & Licensing
IG
FCA(195355)
United Kingdom
BaFin(148759)
Germany/EU
BMA(54833)
Bermuda
Saxo Bank
FSA(1149)
Denmark
FCA(440751)
United Kingdom
ASIC(321946)
Australia
Platforms & Features
Feature
IG
Saxo Bank
Platforms
IG Online Platform, MetaTrader 4, ProRealTime, L2 Dealer, MetaTrader 5
SaxoTraderGO, SaxoTraderPRO
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account
Server Infrastructure
Metric
IG
Saxo Bank
Total Servers
2
Total Endpoints
9
Countries
1
Hosting Providers
IG Knowhow Limited
Account Types
IG
CFD Trading
Spread: 0.6 pipsMin: $300Lev: 200:1
Spread Betting
Spread: 0.6 pipsMin: $0Lev: 30:1
Saxo Bank
Classic
Spread: 0.6 pipsMin: $2000Lev: 30:1
Platinum
Spread: 0.4 pipsMin: $200000Lev: 30:1
Verdict: IG 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.
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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.