Head-to-head comparison

CMC Markets vs Saxo Bank

A side-by-side look at CMC Markets and Saxo Bank — score, fees, platforms and who each one actually fits best.

CMC Markets

Publicly listed, deep instrument range
4.2

Publicly traded (LSE: CMCX), long track record since 1989, broad CFD and forex range.

Saxo Bank

Prestige multi-asset bank broker
3.2

Licensed bank in 7 Tier-1 jurisdictions, Trust Score 99 from ForexBrokers.com. Premium positioning — verify affiliate terms before promoting, likely a higher bar for approval.

Quick verdict

CMC Markets scores higher overall (4.2 vs 3.2), but a higher score doesn't automatically mean it's the right pick for you.

CMC Markets is the stronger fit for wide market range, advanced charting via Next Generation platform, while Saxo Bank is built more around high-net-worth traders, multi-asset portfolios, premium research.

Regulation: CMC Markets — FCA, ASIC and more. Saxo Bank — Danish FSA, FCA and 5 more Tier-1 regulators.

Minimum deposit: CMC Markets — No minimum. Saxo Bank — From $2,000, varies by account tier.

Side by side

CMC MarketsSaxo Bank
Best forWide market range, advanced charting via Next Generation platformHigh-net-worth traders, multi-asset portfolios, premium research
PlatformsNext Generation, MT4SaxoTraderGO, SaxoTraderPRO
RegulationFCA, ASIC and moreDanish FSA, FCA and 5 more Tier-1 regulators
Minimum depositNo minimumFrom $2,000, varies by account tier

CMC Markets strengths

  • Publicly traded since 1989
  • Very wide instrument range
  • Advanced charting

Saxo Bank strengths

  • Licensed bank, not just a broker
  • #1 research (ForexBrokers.com award)
  • 7 Tier-1 regulators

Which one should you pick?

Pick CMC Markets if you're mainly after wide market range, advanced charting via Next Generation platform. It stands out for publicly traded since 1989 and very wide instrument range.

Pick Saxo Bank if you're mainly after high-net-worth traders, multi-asset portfolios, premium research. It stands out for licensed bank, not just a broker and #1 research (ForexBrokers.com award).

Common questions

CMC Markets vs Saxo Bank FAQ

Is CMC Markets better than Saxo Bank?

CMC Markets scores higher in our rating (4.2 vs 3.2), but Saxo Bank may still be the better fit if you specifically need high-net-worth traders, multi-asset portfolios, premium research.

What's the difference in regulation between CMC Markets and Saxo Bank?

CMC Markets: FCA, ASIC and more. Saxo Bank: Danish FSA, FCA and 5 more Tier-1 regulators.

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