Capital.com vs Saxo Bank (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

Capital.com

Trust rank #28 · Editorial rating 8.8 / 10 · Founded 2016

Capital.com is a well-regarded forex broker offering access to a broad range of currency pairs on web and mobile platforms, with built-in education, research, and risk management tools. It operates under regulatory…

Read the Capital.com review

Saxo Bank

Trust rank #4 · Editorial rating 10 / 10 · Founded 1992

Saxo Bank is a well-regarded forex broker with a proprietary multi-asset trading platform, broad access to currency pairs, advanced charting, and research-driven tools. It emphasizes robust technology, risk management features, and a…

Read the Saxo Bank review

Capital.com (United Kingdom, founded 2016) holds 3 regulatory licences (ASIC, CySEC, FCA), 2 of them tier-1, offers MT4, Proprietary, TradingView and sits in our low-fee bracket. Saxo Bank (Denmark, founded 1992) holds 6 regulatory licences (ASIC, DFSA, FCA, FINMA, MAS…), 5 of them tier-1, offers Proprietary, TradingView and sits in our low-fee bracket. The two overlap in 37 countries; Capital.com is available in 148 countries where Saxo Bank is not, and Saxo Bank in 5 where Capital.com is not.

Verdict at a glance

  • Capital.com leads on platform choice and country coverage.
  • Saxo Bank leads on editorial rating, trust rank, track record, regulatory coverage, instrument range and tier-1 licences.
  • Level on fee level.

Scored on 9 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

Capital.com vs Saxo Bank: side-by-side data

CriteriaCapital.comSaxo Bank
Editorial rating8.8 / 1010 / 10
Trust rank#28#4
Founded20161992
HeadquartersUnited KingdomDenmark
RegulatorsASIC, CySEC, FCAASIC, DFSA, FCA, FINMA, MAS, SFC
Broker typeMarket MakerDMA, STP
PlatformsMT4, Proprietary, TradingViewProprietary, TradingView
InstrumentsCommodities, Cryptocurrencies, Forex, IndicesCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted185 countries42 countries
Fee levelLowLow
Trading typesCFD TradingCFD Trading, Spot Trading
Best-for use casesRetail TradingProfessional Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

Capital.com

  • Multi-regulated broker
  • Spread-only FX pricing
  • MT4, TradingView, and proprietary platforms
  • Wide range of currency pairs
  • No deposit or withdrawal fees

Saxo Bank

  • Proprietary pro-grade platforms (SaxoTraderGO/PRO)
  • Deep liquidity aggregation; competitive FX spreads
  • Wide FX product suite: spot, forwards, swaps, options
  • DFSA-regulated bank; segregated client funds
  • OpenAPI/FIX access for algorithmic trading

Cons

Capital.com

  • - Not available to U.S. clients
  • - No MetaTrader 5 or cTrader support
  • - No guaranteed stop-loss orders
  • - Only CFD-based forex (no ECN/DMA)
  • - Retail leverage capped to 1:30 in EU/UK/AU

Saxo Bank

  • - No MetaTrader (MT4/MT5) support
  • - Higher spreads/commissions for Classic-tier accounts
  • - Best pricing/features require high balances (Platinum/VIP)
  • - Not available to U.S. residents
  • - Netting-only FX positions (no true hedging)

Key features

Capital.com

  • Multi asset CFD and spread betting on forex indices commodities shares and crypto
  • Tier one regulation FCA CySEC ASIC with segregated client funds and negative balance protection
  • Proprietary web and mobile platforms with advanced charting and over 70 indicators
  • TradingView and MetaTrader 4 integration and REST API for algorithmic trading
  • Commission free spread only pricing with fast market execution
  • AI powered insights education and risk management tools including Investmate

Saxo Bank

  • Multi asset trading across forex cfds futures options stocks and bonds
  • Tier one regulation and banking license with segregated client funds and two factor authentication
  • SaxoTraderGO and SaxoTraderPRO platforms with advanced charting and depth of book
  • Forex spot forwards and vanilla options with multi source aggregated liquidity
  • OpenAPI and FIX connectivity for algorithmic trading and platform integration
  • Volume based pricing tiers classic platinum and vip with reduced costs for high volume

Country availability: Capital.com vs Saxo Bank

Available at both (37): Australia, Austria, Croatia, Czechia, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Greece, Greenland, Hong Kong, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Qatar, Romania, Saudi Arabia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Thailand, United Arab Emirates, United Kingdom.

Only Capital.com (148): Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan, Bahrain, Bangladesh, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burundi, Cabo Verde and 123 more.

Only Saxo Bank (5): Belgium, Israel, Japan, Malaysia, Singapore.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

Capital.com vs Saxo Bank: common questions

Which broker is more regulated, Capital.com or Saxo Bank?

Saxo Bank holds more regulatory licences: Capital.com (ASIC, CySEC, FCA) versus Saxo Bank (ASIC, DFSA, FCA, FINMA, MAS, SFC). Tier-1 licences: Capital.com 2, Saxo Bank 5.

Which trading platforms do Capital.com and Saxo Bank offer?

Capital.com offers MT4, Proprietary, TradingView; Saxo Bank offers Proprietary, TradingView.

Which has lower fees, Capital.com or Saxo Bank?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, Capital.com or Saxo Bank?

Saxo Bank is the older of the two, founded in 1992; Capital.com was founded in 2016.

Are Capital.com and Saxo Bank available in the same countries?

They overlap in 37 countries. Capital.com is additionally available in 148 countries (Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda and 142 more) and Saxo Bank in 5 countries (Belgium, Israel, Japan, Malaysia, Singapore).

Keep comparing

Capital.com

Saxo Bank

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.