Interactive Brokers 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 | Interactive Brokers | Saxo |
|---|---|---|
| Licence Score | 83Very strong | 84Very strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 8 | 8 |
| 1 FCA United Kingdom | Licensed | Licensed |
| 1 ASIC Australia | Licensed | Licensed |
| 1 JFSA Japan | Licensed | Licensed |
| 1 CFTC / NFA United States | Licensed | — |
| 1 MAS Singapore | Licensed | Licensed |
| 1 CIRO Canada | Licensed | — |
| 1 FINMA Switzerland | — | Licensed |
| 1 SFC Hong Kong | Licensed | Licensed |
| 1 CBI Ireland | Licensed | — |
| 2 AFM Netherlands | — | Licensed |
| 2 Finanstilsynet (DK) Denmark | — | Licensed |
| Founded | 1978 | 1992 |
| Headquarters | United States | Denmark |
| Type | Multi-asset broker | Trading bank |
| Publicly listed | NASDAQ:IBKR | No |
| Platforms | Proprietary | Proprietary |
| Minimum deposit | No minimum | No minimum |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Interactive Brokers or Saxo better regulated?
Saxo has the higher Licence Score (84 vs 83), based on the number and tier of licences, operating history and public listing.
Which regulators license both Interactive Brokers and Saxo?
Both are matched to licences from ASIC, FCA, JFSA, MAS and SFC.