CMC Markets 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.
| Attribute | CMC Markets | Saxo |
|---|---|---|
| Licence Score | 86Very strong | 84Very strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 6 | 8 |
| 1 FCA United Kingdom | Licensed · FRN 173730 | Licensed |
| 1 ASIC Australia | Licensed · AFSL 238054 | Licensed |
| 1 JFSA Japan | — | Licensed |
| 1 MAS Singapore | Licensed | Licensed |
| 1 BaFin Germany | Licensed | — |
| 1 CIRO Canada | Licensed | — |
| 1 FINMA Switzerland | — | Licensed |
| 1 SFC Hong Kong | — | Licensed |
| 2 FMA (NZ) New Zealand | Licensed | — |
| 2 AFM Netherlands | — | Licensed |
| 2 Finanstilsynet (DK) Denmark | — | Licensed |
| Founded | 1989 | 1992 |
| Headquarters | United Kingdom | Denmark |
| Type | Spread betting & CFD provider | Trading bank |
| Publicly listed | LSE:CMCX | No |
| Platforms | Proprietary, MT4, MT5, TradingView | Proprietary |
| Minimum deposit | No minimum | No minimum |
| Visit | Visit site | Visit site |
Frequently asked questions
Is CMC Markets or Saxo better regulated?
CMC Markets has the higher Licence Score (86 vs 84), based on the number and tier of licences, operating history and public listing.
Which regulators license both CMC Markets and Saxo?
Both are matched to licences from ASIC, FCA and MAS.