IG 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 | IG | Saxo |
|---|---|---|
| Licence Score | 93Very strong | 84Very strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 11 | 8 |
| 1 FCA United Kingdom | Licensed · FRN 195355 | Licensed |
| 1 ASIC Australia | Licensed | Licensed |
| 1 JFSA Japan | Licensed | Licensed |
| 1 CFTC / NFA United States | Licensed | — |
| 1 MAS Singapore | Licensed | Licensed |
| 1 BaFin Germany | Licensed | — |
| 1 FINMA Switzerland | Licensed | Licensed |
| 1 SFC Hong Kong | — | Licensed |
| 2 FSCA South Africa | Licensed · FSP 41393 | — |
| 2 DFSA United Arab Emirates | Licensed | — |
| 2 FMA (NZ) New Zealand | Licensed | — |
| 2 AFM Netherlands | — | Licensed |
| 2 Finanstilsynet (DK) Denmark | — | Licensed |
| 3 BMA Bermuda | Licensed | — |
| Founded | 1974 | 1992 |
| Headquarters | United Kingdom | Denmark |
| Type | Spread betting & CFD provider | Trading bank |
| Publicly listed | LSE:IGG | No |
| Platforms | Proprietary, MT4, ProRealTime, TradingView | Proprietary |
| Minimum deposit | No minimum | No minimum |
| Visit | Visit site | Visit site |
Frequently asked questions
Is IG or Saxo better regulated?
IG has the higher Licence Score (93 vs 84), based on the number and tier of licences, operating history and public listing.
Which regulators license both IG and Saxo?
Both are matched to licences from ASIC, FCA, FINMA, JFSA and MAS.