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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 #21 · Founded 2009
Vantage forex broker provides access to forex and CFD markets across multiple platforms with a choice of account types and trading tools. It offers research, education, and risk management features, and operates…
Read the Vantage 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. Vantage (Australia, founded 2009) holds 5 regulatory licences (ASIC, CIMA, FCA, FSCA, VFSC), 2 of them tier-1, offers MT4, MT5, Proprietary, TradingView and sits in our low-fee bracket. The two overlap in 41 countries; Saxo Bank is available in 1 countries where Vantage is not, and Vantage 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 | Vantage |
|---|---|---|
| Editorial rating | 10 / 10 | Not verified |
| Trust rank | #4 | #21 |
| Founded | 1992 | 2009 |
| Headquarters | Denmark | Australia |
| Regulators | ASIC, DFSA, FCA, FINMA, MAS, SFC | ASIC, CIMA, FCA, FSCA, VFSC |
| Broker type | DMA, STP | ECN, STP |
| Platforms | Proprietary, TradingView | MT4, MT5, Proprietary, TradingView |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Commodities, Cryptocurrencies, Forex, Indices, Metals |
| Countries accepted | 42 countries | 227 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading, Spot Trading |
| Best-for use cases | Professional Trading, Retail Trading | Copy 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 (41): 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, Slovakia, Slovenia, Spain, Sweden, Switzerland, Thailand, United Arab Emirates and 1 more.
Only Saxo Bank (1): Singapore.
Only Vantage (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.
Saxo Bank holds more regulatory licences: Saxo Bank (ASIC, DFSA, FCA, FINMA, MAS, SFC) versus Vantage (ASIC, CIMA, FCA, FSCA, VFSC). Tier-1 licences: Saxo Bank 5, Vantage 2.
Saxo Bank offers Proprietary, TradingView; Vantage offers MT4, MT5, 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; Vantage was founded in 2009.
They overlap in 41 countries. Saxo Bank is additionally available in 1 countries (Singapore) and Vantage 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.