Head to head
Saxo vs Interactive Brokers
Both platforms are scored with the same methodology and the same category rubric. Nothing on this page is influenced by advertising.
53/100 | 66/100Higher score | |
|---|---|---|
| Category rank | #7 | #2 |
| Confidence | High confidence | High confidence |
| External Reputation | 72 | 62 |
| AI Authority | 27 | 57 |
| Web Authority | 48 | 75 |
| Expert Assessment | 64 | 76 |
| TOP10 User Score | — | — |
| Pricing | Not published — Classic/Platinum/VIP CFD spread and commission tables did not render on retrieval · free tier: No minimum funding amount to open a trading account (Saxo UK Help Centre, updated 27 November 2025) | 0.20 bps x trade value, USD 2.00 minimum per order (Tier I, spot currencies) · free tier: None — no account minimums claimed, but no free trading tier |
| Pricing model | Commission and spread based, tiered by volume/balance (Classic, Platinum, VIP) | Usage-based (per-trade commission, tiered by monthly volume) |
| Best for | Active UK traders who want CFDs as one instrument among many, value holding physical shares, bonds and funds in the same account as leveraged positions, trade enough volume to reach Platinum or VIP pricing, and are comfortable reading a detailed cost schedule. | European self-directed traders placing large FX tickets (roughly USD 1m+ notional per order) who want explicit commission pricing and FX inside a broad multi-asset account. |
| Avoid if | You are a beginner or low-volume trader wanting one simple published spread with no tier system, you need to price a strategy precisely before funding an account, you run a heavily short-biased single-stock strategy, or you cannot absorb the risk implied by the 60% retail loss rate. | You place frequent small FX orders or constantly amend orders — the per-order minimum and cancel-and-replace commission treatment push effective costs far above the advertised rate. |
| Markets | Retail traders, Active/high-volume traders, Multi-asset investors | Retail self-directed traders, Active/high-volume traders, Professional traders |
| Founded | — | — |
| Headquarters | — | — |
A higher TOP SCORE means more of the evidence favours that platform on this methodology — it is not a recommendation, and it does not account for your specific requirements. Advertisers are never declared the winner of a comparison.