Saxo vs Sucden Financial: 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.

AttributeSaxoSucden Financial
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—
Founded19921973
HeadquartersDenmarkUnited Kingdom
TypeTrading bankFutures broker (FX futures)
Publicly listedNoNo
PlatformsProprietaryProprietary
Minimum depositNo minimum—
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Frequently asked questions

Is Saxo or Sucden Financial 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 Sucden Financial?

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.