FxPro vs Saxo Bank (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

FxPro

Trust rank #17 · Founded 2006

FxPro forex broker provides access to a broad range of forex and CFD markets on popular trading platforms, with an emphasis on order execution and risk management tools.

Read the FxPro 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

FxPro (United Kingdom, founded 2006) holds 4 regulatory licences (CySEC, FCA, FSCA, SCB), 1 of them tier-1, offers cTrader, MT4, MT5, Proprietary 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 42 countries; FxPro is available in 188 countries where Saxo Bank is not, and Saxo Bank in 0 where FxPro is not.

Verdict at a glance

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

Scored on 8 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.

FxPro vs Saxo Bank: side-by-side data

CriteriaFxProSaxo Bank
Editorial ratingNot verified10 / 10
Trust rank#17#4
Founded20061992
HeadquartersUnited KingdomDenmark
RegulatorsCySEC, FCA, FSCA, SCBASIC, DFSA, FCA, FINMA, MAS, SFC
Broker typeECN, STPDMA, STP
PlatformscTrader, MT4, MT5, ProprietaryProprietary, TradingView
InstrumentsCommodities, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted230 countries42 countries
Fee levelLowLow
Trading typesCFD TradingCFD Trading, Spot Trading
Best-for use casesCopy Trading, Professional Trading, Retail 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

FxPro

  • Multi-Jurisdiction Regulation (FCA, CySEC, FSCA, SCB)
  • MT4/MT5/cTrader + Proprietary Platforms
  • No Dealing Desk Execution & Deep Liquidity
  • Negative Balance Protection & Segregated Funds
  • FIX API, cTrader Open API & VPS for Algo Trading

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

FxPro

  • Not available to U.S. clients
  • Pricing not the lowest (spreads/commissions)
  • No guaranteed stop-loss orders (GSLO)
  • Inactivity fee on dormant accounts
  • ESMA 1:30 leverage cap under EU/UK regulation

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

FxPro

  • Multi Platform Trading MetaTrader 4 MetaTrader 5 cTrader FxPro Platform
  • No Dealing Desk Market Execution Deep Liquidity
  • Multi Jurisdiction Regulation FCA CySEC FSCA SCB Segregated Funds Negative Balance Protection
  • Broad CFD Instrument Coverage Forex Indices Shares Metals Energies Futures
  • Algorithmic and Copy Trading EAs cBots cTrader Copy VPS
  • Integrated Tools Economic Calendar Market News Advanced Charting Price Alerts

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: FxPro vs Saxo Bank

Available at both (42): Australia, Austria, Belgium, Croatia, Czechia, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Greece, Greenland, Hong Kong, Hungary, Iceland, Ireland, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Qatar, Romania, Saudi Arabia, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Thailand and 2 more.

Only FxPro (188): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil and 163 more.

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

FxPro vs Saxo Bank: common questions

Which broker is more regulated, FxPro or Saxo Bank?

Saxo Bank holds more regulatory licences: FxPro (CySEC, FCA, FSCA, SCB) versus Saxo Bank (ASIC, DFSA, FCA, FINMA, MAS, SFC). Tier-1 licences: FxPro 1, Saxo Bank 5.

Which trading platforms do FxPro and Saxo Bank offer?

FxPro offers cTrader, MT4, MT5, Proprietary; Saxo Bank offers Proprietary, TradingView.

Which has lower fees, FxPro 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, FxPro or Saxo Bank?

Saxo Bank is the older of the two, founded in 1992; FxPro was founded in 2006.

Are FxPro and Saxo Bank available in the same countries?

They overlap in 42 countries. FxPro is additionally available in 188 countries (Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola and 182 more) and Saxo Bank in 0 countries ().

Keep comparing

FxPro

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.