Saxo vs Swissquote: 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 | Saxo | Swissquote |
|---|---|---|
| Licence Score | 84Very strong | 92Very strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 8 | 7 |
| 1 FCA United Kingdom | Licensed | Licensed |
| 1 ASIC Australia | Licensed | — |
| 1 JFSA Japan | Licensed | — |
| 1 MAS Singapore | Licensed | Licensed |
| 1 FINMA Switzerland | Licensed | Licensed |
| 1 SFC Hong Kong | Licensed | Licensed |
| 2 DFSA United Arab Emirates | — | Licensed |
| 2 MFSA Malta | — | Licensed |
| 2 AFM Netherlands | Licensed | — |
| 2 CSSF Luxembourg | — | Licensed |
| 2 Finanstilsynet (DK) Denmark | Licensed | — |
| Founded | 1992 | 1996 |
| Headquarters | Denmark | Switzerland |
| Type | Trading bank | Trading bank |
| Publicly listed | No | SIX:SQN |
| Platforms | Proprietary | MT4, MT5, Proprietary |
| Minimum deposit | No minimum | US$1,000 |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Saxo or Swissquote better regulated?
Swissquote 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 Saxo and Swissquote?
Both are matched to licences from FCA, FINMA, MAS and SFC.