Exness 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.

AttributeExnessSaxo
Licence Score68Strong84Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record98
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia —Licensed
1 JFSA Japan —Licensed
1 MAS Singapore —Licensed
1 FINMA Switzerland —Licensed
1 SFC Hong Kong —Licensed
2 CySEC Cyprus Licensed · Licence 178/12—
2 FSCA South Africa Licensed · FSP 51024—
2 AFM Netherlands —Licensed
2 Finanstilsynet (DK) Denmark —Licensed
3 FSC (MU) Mauritius Licensed—
3 CMA (Kenya) Kenya Licensed—
3 JSC Jordan Licensed—
4 FSA (Seychelles) Seychelles Licensed—
4 BVI FSC British Virgin Islands Licensed—
4 CBCS Curaçao Licensed—
Founded20081992
HeadquartersCyprusDenmark
TypeForex & CFD brokerTrading bank
Publicly listedNoNo
PlatformsMT4, MT5, ProprietaryProprietary
Minimum depositUS$10No minimum
VisitVisit siteVisit site

Frequently asked questions

Is Exness or Saxo better regulated?

Saxo has the higher Licence Score (84 vs 68), based on the number and tier of licences, operating history and public listing.

Which regulators license both Exness and Saxo?

Both are matched to licences from 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.