Plus500 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 | Plus500 | Saxo |
|---|---|---|
| Licence Score | 92Very strong | 84Very strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 10 | 8 |
| 1 FCA United Kingdom | Licensed · FRN 509909 | Licensed |
| 1 ASIC Australia | Licensed | Licensed |
| 1 JFSA Japan | — | Licensed |
| 1 CFTC / NFA United States | Licensed | — |
| 1 MAS Singapore | Licensed | Licensed |
| 1 FINMA Switzerland | — | Licensed |
| 1 SFC Hong Kong | — | Licensed |
| 2 CySEC Cyprus | Licensed | — |
| 2 FSCA South Africa | Licensed | — |
| 2 DFSA United Arab Emirates | Licensed | — |
| 2 FMA (NZ) New Zealand | Licensed | — |
| 2 AFM Netherlands | — | Licensed |
| 2 EFSA Estonia | Licensed | — |
| 2 Finanstilsynet (DK) Denmark | — | Licensed |
| 4 FSA (Seychelles) Seychelles | Licensed | — |
| Founded | 2008 | 1992 |
| Headquarters | Israel | Denmark |
| Type | Forex & CFD broker | Trading bank |
| Publicly listed | LSE:PLUS | No |
| Platforms | Proprietary | Proprietary |
| Minimum deposit | US$100 | No minimum |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Plus500 or Saxo better regulated?
Plus500 has the higher Licence Score (92 vs 84), based on the number and tier of licences, operating history and public listing.
Which regulators license both Plus500 and Saxo?
Both are matched to licences from ASIC, FCA and MAS.