Saxo vs Vantage: 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.

AttributeSaxoVantage
Licence Score84Very strong69Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record85
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia LicensedLicensed
1 JFSA Japan Licensed—
1 MAS Singapore Licensed—
1 FINMA Switzerland Licensed—
1 SFC Hong Kong Licensed—
2 FSCA South Africa —Licensed
2 AFM Netherlands Licensed—
2 Finanstilsynet (DK) Denmark Licensed—
3 CIMA Cayman Islands —Licensed
4 VFSC Vanuatu —Licensed
Founded19922009
HeadquartersDenmarkAustralia
TypeTrading bankForex & CFD broker
Publicly listedNoNo
PlatformsProprietaryMT4, MT5, TradingView, Proprietary
Minimum depositNo minimumUS$50
VisitVisit siteVisit site

Frequently asked questions

Is Saxo or Vantage better regulated?

Saxo has the higher Licence Score (84 vs 69), based on the number and tier of licences, operating history and public listing.

Which regulators license both Saxo and Vantage?

Both are matched to licences from ASIC and 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.