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Comparison CMC Markets vs Saxo Bank

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare CMC Markets vs Saxo Bank. Which of them: CMC Markets or Saxo Bank a better online broker?

First of all, we’ll compare the commission fees of the two brokers. CMC Markets has a commission fee of 0.08% commission, and Saxo Bank has a commission fee of from 0.1% commission. For trading in Forex, the commission fee of CMC Markets is from 0.7 pips, while the commission fee of Saxo Bank is from 0.4 pips. When analyzing commission fees in CFD: CMC Markets provides 0.08% commission, and Saxo Bank provides from £0.85. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 0.3 pips and from 0.1% commission for CMC Markets and Saxo Bank, respectively. You can read more detailed information on commission fees in the online broker reviews.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are CMC Markets provides customers with Stocks Trading, ETFs Trading, Forex Trading, and Saxo Bank provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. Concerning the platforms, CMC Markets uses Web Platform, Android App, iOS App, while Saxo Bank uses Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. CMC Markets was founded in 1987 in United Kingdom, and it is regulated by FCA, ASIC, CFTC. And Saxo Bank was founded in 1992 in Denmark, and it is regulated by FCA, FSA, DFSA, ASIC, FSC. Withdrawal of funds from CMC Markets can be done using Bank Wire with a withdrawal fee of free. And Saxo Bank provides the ability to withdraw funds using Bank Wire with a withdrawal fee of 0. The time for withdrawal in CMC Markets is 1 - 2 business days, and that one in Saxo Bank is 1-2 business days.

As a result, the rating of CMC Markets is 4.8 stars versus that of Saxo Bank of 4.1 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
CMC Markets
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Saxo Bank
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Bonds
Forex Spreads
CFDs
Futures
Metals
Cryptocurrency
CMC Markets
Stock
0.08% commission
ETFs
0.08% commission
Options
N/A
Bonds
N/A
Forex Spreads
From 0.7 pips
CFDs
0.08% commission
Futures
N/A
Metals
From 0.3 pips
Cryptocurrency
N/A
Saxo Bank
Stock
From 0.1% commission
ETFs
From 0.1% commission
Options
From £2.50 per lot
Bonds
From 0.05% commission
Forex Spreads
From 0.4 pips
CFDs
From £0.85
Futures
From £3 per lot
Metals
From 0.1% commission
Cryptocurrency
0.1%

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
CMC Markets
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Saxo Bank
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
CMC Markets
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Saxo Bank
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Social trading
Education
Demo account
CMC Markets
Research & Analysis
Social trading
Education
Demo account
Saxo Bank
Research & Analysis
Social trading
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
CMC Markets
Android App
iOS App
Saxo Bank
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
CMC Markets
Minimum deposit
$0
Bank Wire
Visa/Mastercard
Saxo Bank
Minimum deposit
£500
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Withdrawal Time
Withdrawal Fee
CMC Markets
Bank Wire
Withdrawal Time
1 - 2 business days
Withdrawal Fee
Free
Saxo Bank
Bank Wire
Withdrawal Time
1-2 business days
Withdrawal Fee
0

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
CMC Markets
Сountry of Origin
United Kingdom
Year Founded
1987
Regulated By
FCA, ASIC, CFTC
Saxo Bank
Сountry of Origin
Denmark
Year Founded
1992
Regulated By
FCA, FSA, DFSA, ASIC, FSC

Customer Service

Customer Service
Phone
Email
Live Chat
 
CMC Markets
Phone
1 866 884 2608
Email
support@cmcmarkets.com
Live Chat
Yes
Saxo Bank
Phone
+44 207 151 2100
Email
LondonReception@saxobank.com
Live Chat
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