Marex 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.

AttributeMarexSaxo
Licence Score71Strong84Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record28
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia —Licensed
1 JFSA Japan —Licensed
1 CFTC / NFA United States Licensed—
1 MAS Singapore —Licensed
1 FINMA Switzerland —Licensed
1 SFC Hong Kong —Licensed
2 AFM Netherlands —Licensed
2 Finanstilsynet (DK) Denmark —Licensed
Founded19871992
HeadquartersUnited KingdomDenmark
TypeFutures broker (FX futures)Trading bank
Publicly listedNASDAQ:MRXNo
PlatformsProprietaryProprietary
Minimum deposit—No minimum
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Frequently asked questions

Is Marex 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 Marex 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.