Saxo vs Spreadex: 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.

AttributeSaxoSpreadex
Licence Score84Very strong60Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record81
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 AFM Netherlands Licensed—
2 Finanstilsynet (DK) Denmark Licensed—
Founded19921999
HeadquartersDenmarkUnited Kingdom
TypeTrading bankSpread betting & CFD provider
Publicly listedNoNo
PlatformsProprietaryProprietary, TradingView
Minimum depositNo minimumNo minimum
VisitVisit siteVisit site

Frequently asked questions

Is Saxo or Spreadex better regulated?

Saxo has the higher Licence Score (84 vs 60), based on the number and tier of licences, operating history and public listing.

Which regulators license both Saxo and Spreadex?

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.