Head-to-head comparison

IG vs Saxo Bank

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

IG

Global #1 by trust score
4.5

Ranked #1 overall by ForexBrokers.com for 8 years running; Tier-1 regulated in 8 jurisdictions. No partner relationship yet — affiliate terms need checking before promoting.

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

IG scores higher overall (4.5 vs 3.2), but a higher score doesn't automatically mean it's the right pick for you.

IG is the stronger fit for long track record, broad market access, institutional-grade trust, while Saxo Bank is built more around high-net-worth traders, multi-asset portfolios, premium research.

Regulation: IG — FCA, ASIC and 6 more Tier-1 regulators. Saxo Bank — Danish FSA, FCA and 5 more Tier-1 regulators.

Minimum deposit: IG — No minimum (varies by country). Saxo Bank — From $2,000, varies by account tier.

Side by side

IGSaxo Bank
Best forLong track record, broad market access, institutional-grade trustHigh-net-worth traders, multi-asset portfolios, premium research
PlatformsIG platform, MT4, ProRealTimeSaxoTraderGO, SaxoTraderPRO
RegulationFCA, ASIC and 6 more Tier-1 regulatorsDanish FSA, FCA and 5 more Tier-1 regulators
Minimum depositNo minimum (varies by country)From $2,000, varies by account tier

IG strengths

  • Highest trust score in the industry
  • 8 Tier-1 regulators
  • Founded 1974

Saxo Bank strengths

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

Which one should you pick?

Pick IG if you're mainly after long track record, broad market access, institutional-grade trust. It stands out for highest trust score in the industry and 8 Tier-1 regulators.

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

IG vs Saxo Bank FAQ

Is IG better than Saxo Bank?

IG scores higher in our rating (4.5 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 IG and Saxo Bank?

IG: FCA, ASIC and 6 more Tier-1 regulators. Saxo Bank: Danish FSA, FCA and 5 more Tier-1 regulators.

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