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Data refreshed 25 Sep 2026 · Compiled by David Ispiryan
Trust rank #25 · Editorial rating 9 / 10 · Founded 2012
JustMarkets is a forex and CFD broker offering broad market access on MetaTrader platforms with multiple account options and flexible conditions. It provides education, market insights, and multilingual support in a straightforward,…
Read the JustMarkets review
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 reviewJustMarkets (Mauritius, founded 2012) holds 3 regulatory licences (FSA Seychelles, FSC Mauritius, SVGFSA), offers MT4, MT5 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 39 countries; JustMarkets is available in 187 countries where Saxo Bank is not, and Saxo Bank in 3 where JustMarkets is not.
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.
| Criteria | JustMarkets | Saxo Bank |
|---|---|---|
| Editorial rating | 9 / 10 | 10 / 10 |
| Trust rank | #25 | #4 |
| Founded | 2012 | 1992 |
| Headquarters | Mauritius | Denmark |
| Regulators | FSA Seychelles, FSC Mauritius, SVGFSA | ASIC, DFSA, FCA, FINMA, MAS, SFC |
| Broker type | ECN, STP | DMA, STP |
| Platforms | MT4, MT5 | Proprietary, TradingView |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Commodities, Cryptocurrencies, Forex, Indices, Metals |
| Countries accepted | 226 countries | 42 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading, Spot Trading |
| Best-for use cases | Copy Trading, Retail Trading | Professional 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.
Available at both (39): Austria, Belgium, Croatia, Czechia, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Greece, Greenland, Hong Kong, Hungary, Iceland, Ireland, Israel, Italy, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Qatar, Romania, Saudi Arabia, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Thailand, United Arab Emirates.
Only JustMarkets (187): 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 162 more.
Only Saxo Bank (3): Australia, Japan, United Kingdom.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
Saxo Bank holds more regulatory licences: JustMarkets (FSA Seychelles, FSC Mauritius, SVGFSA) versus Saxo Bank (ASIC, DFSA, FCA, FINMA, MAS, SFC). Tier-1 licences: JustMarkets 0, Saxo Bank 5.
JustMarkets offers MT4, MT5; Saxo Bank offers Proprietary, TradingView.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
Saxo Bank is the older of the two, founded in 1992; JustMarkets was founded in 2012.
They overlap in 39 countries. JustMarkets is additionally available in 187 countries (Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola and 181 more) and Saxo Bank in 3 countries (Australia, Japan, United Kingdom).
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.