Axi vs Saxo: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeAxiSaxo
Licence Score71Strong84Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record48
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia Licensed · AFSL 318232Licensed
1 JFSA Japan —Licensed
1 MAS Singapore —Licensed
1 FINMA Switzerland —Licensed
1 SFC Hong Kong —Licensed
2 DFSA United Arab Emirates Licensed—
2 FMA (NZ) New Zealand Licensed—
2 AFM Netherlands —Licensed
2 Finanstilsynet (DK) Denmark —Licensed
Founded20071992
HeadquartersAustraliaDenmark
TypeForex & CFD brokerTrading bank
Publicly listedNoNo
PlatformsMT4Proprietary
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is Axi or Saxo better regulated?

Saxo has the higher Licence Score (84 vs 71), based on the number and tier of licences, operating history and public listing.

Which regulators license both Axi and Saxo?

Both are matched to licences from ASIC and FCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.