Advertiser disclosure: some links on this page may be affiliate links, meaning BrokerCatalogue may earn a commission if you open an account. This never affects the data shown here, which is drawn from our catalogue and compared mechanically. How we make money.
Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
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
Trust rank #11 · Founded 2024
ScoreCM is a forex broker offering online access to currency and CFD markets via web and mobile platforms, with account options, trading tools, education, and customer support. Verify its regulatory status, fees,…
Read the ScoreCM reviewSaxo 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. ScoreCM (founded 2024) holds 9 regulatory licences (MW, DOM, PH, NG, KE…), offers MT5 and sits in our low-fee bracket. The two overlap in 17 countries; Saxo Bank is available in 25 countries where ScoreCM is not, and ScoreCM in 186 where Saxo Bank 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 | Saxo Bank | ScoreCM |
|---|---|---|
| Editorial rating | 10 / 10 | Not verified |
| Trust rank | #4 | #11 |
| Founded | 1992 | 2024 |
| Headquarters | Denmark | Not verified |
| Regulators | ASIC, DFSA, FCA, FINMA, MAS, SFC | MW, DOM, PH, NG, KE, ZA, UG, TZ, GH |
| Broker type | DMA, STP | Market Maker |
| Platforms | Proprietary, TradingView | MT5 |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Commodities, Forex, Indices, Metals |
| Countries accepted | 42 countries | 203 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading, Spot Trading |
| Best-for use cases | Professional 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 (17): Australia, Faroe Islands, Greenland, Hong Kong, Iceland, Israel, Japan, Malaysia, Monaco, Norway, Qatar, Saudi Arabia, Singapore, Switzerland, Thailand, United Arab Emirates, United Kingdom.
Only Saxo Bank (25): Austria, Belgium, Croatia, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
Only ScoreCM (186): 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 161 more.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
ScoreCM holds more regulatory licences: Saxo Bank (ASIC, DFSA, FCA, FINMA, MAS, SFC) versus ScoreCM (MW, DOM, PH, NG, KE, ZA, UG, TZ, GH). Tier-1 licences: Saxo Bank 5, ScoreCM 0.
Saxo Bank offers Proprietary, TradingView; ScoreCM offers MT5.
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; ScoreCM was founded in 2024.
They overlap in 17 countries. Saxo Bank is additionally available in 25 countries (Austria, Belgium, Croatia, Czechia, Denmark, Estonia and 19 more) and ScoreCM in 186 countries (Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola and 180 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.