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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Trust rank #18 · Founded 2008
Markets.com is a well‐regarded forex and CFD broker offering broad access to currency pairs and multi‐asset CFDs on intuitive web and mobile platforms. It provides built‐in research, education, and risk management tools…
Read the Markets.com 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 reviewMarkets.com (Cyprus, founded 2008) holds 5 regulatory licences (ASIC, BVI FSC, CySEC, FCA, FSCA), 2 of them tier-1, offers 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 35 countries; Markets.com is available in 140 countries where Saxo Bank is not, and Saxo Bank in 7 where Markets.com is not.
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.
| Criteria | Markets.com | Saxo Bank |
|---|---|---|
| Editorial rating | Not verified | 10 / 10 |
| Trust rank | #18 | #4 |
| Founded | 2008 | 1992 |
| Headquarters | Cyprus | Denmark |
| Regulators | ASIC, BVI FSC, CySEC, FCA, FSCA | ASIC, DFSA, FCA, FINMA, MAS, SFC |
| Broker type | Market Maker | DMA, STP |
| Platforms | MT4, MT5, Proprietary | Proprietary, TradingView |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Commodities, Cryptocurrencies, Forex, Indices, Metals |
| Countries accepted | 175 countries | 42 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading | CFD Trading, Spot Trading |
| Best-for use cases | 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 (35): Austria, Croatia, Czechia, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Greece, Greenland, Hungary, Iceland, Ireland, Israel, Italy, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Qatar, Romania, Saudi Arabia, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Arab Emirates.
Only Markets.com (140): Afghanistan, Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Aruba, Bahamas, Bahrain, Barbados, Benin, Bermuda, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cameroon, Cayman Islands and 115 more.
Only Saxo Bank (7): Australia, Belgium, Hong Kong, Japan, Singapore, Thailand, 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: Markets.com (ASIC, BVI FSC, CySEC, FCA, FSCA) versus Saxo Bank (ASIC, DFSA, FCA, FINMA, MAS, SFC). Tier-1 licences: Markets.com 2, Saxo Bank 5.
Markets.com offers MT4, MT5, Proprietary; 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; Markets.com was founded in 2008.
They overlap in 35 countries. Markets.com is additionally available in 140 countries (Afghanistan, Albania, Algeria, Andorra, Angola, Anguilla and 134 more) and Saxo Bank in 7 countries (Australia, Belgium, Hong Kong, Japan, Singapore, Thailand and 1 more).
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.