FP Markets
Best raw-pricing candidate ★ ★ ★ ★ ★★4.6
Partner link pending; good next review candidate
FP Markets vs Saxo Bank
A side-by-side look at FP Markets and Saxo Bank — score, fees, platforms and who each one actually fits best.
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
FP Markets scores higher overall (4.6 vs 3.2), but a higher score doesn't automatically mean it's the right pick for you.
FP Markets is the stronger fit for eCN-style trading, MT4/MT5 users, cost-focused traders, while Saxo Bank is built more around high-net-worth traders, multi-asset portfolios, premium research.
Regulation: FP Markets — ASIC (286354), CySEC (371/18), FSCA (50926) - operating since 2005, 60+ industry awards. Saxo Bank — Danish FSA, FCA and 5 more Tier-1 regulators.
Minimum deposit: FP Markets — Often from $100, depending on account/entity. Saxo Bank — From $2,000, varies by account tier.
Side by side
FP MarketsSaxo Bank
Best forECN-style trading, MT4/MT5 users, cost-focused tradersHigh-net-worth traders, multi-asset portfolios, premium research
PlatformsMT4, MT5, cTrader, TradingView, Iress in some regionsSaxoTraderGO, SaxoTraderPRO
RegulationASIC (286354), CySEC (371/18), FSCA (50926) - operating since 2005, 60+ industry awardsDanish FSA, FCA and 5 more Tier-1 regulators
Minimum depositOften from $100, depending on account/entityFrom $2,000, varies by account tier
FP Markets strengths
- Strong partner program
- Raw pricing angle
- Broad CFD range
Saxo Bank strengths
- Licensed bank, not just a broker
- #1 research (ForexBrokers.com award)
- 7 Tier-1 regulators
Which one should you pick?
Pick FP Markets if you're mainly after eCN-style trading, MT4/MT5 users, cost-focused traders. It stands out for strong partner program and raw pricing angle.
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
FP Markets vs Saxo Bank FAQ
Is FP Markets better than Saxo Bank?
FP Markets scores higher in our rating (4.6 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 FP Markets and Saxo Bank?
FP Markets: ASIC (286354), CySEC (371/18), FSCA (50926) - operating since 2005, 60+ industry awards. Saxo Bank: Danish FSA, FCA and 5 more Tier-1 regulators.