CMC Markets vs. Saxo Bank

Winner of the comparison

If you don’t want to read the full comparison, the winner of our review is Saxo Bank, which takes the lead with a rating of 45%, while CMC Markets only reaches 36%. CMC Markets requires a minimum deposit of 1 EUR/USD, while Saxo Bank sets it at 2000 EUR/USD. Thanks to the lower deposit, CMC Markets is more welcoming to traders with smaller budgets. For CMC Markets, the spread is 0.8 EUR/USD, while for Saxo Bank it is 2 EUR/USD. Tighter spreads make CMC Markets a more advantageous choice. CMC Markets offers 158 forex pairs, while Saxo Bank provides 182. More options come with Saxo Bank. CMC Markets was founded in 1989, while Saxo Bank has been operating since 1992. The longer tradition of CMC Markets means greater experience. This advantage goes to Saxo Bank, while CMC Markets lacks it. CMC Markets is overseen by 2 regulatory bodies, while Saxo Bank has 3. Stricter oversight at Saxo Bank gives it an advantage. CMC Markets supports 1 platforms, while Saxo Bank offers 1. In terms of platform count, both are on the same level.