Saxo Bank vs ThinkMarkets
Side-by-side comparison of regulation, trading costs, platforms, and account types for Saxo Bank and ThinkMarkets.
Saxo BankTrust 9.4/10
DFSA
FCA
ASIC
MAS
Danish investment bank, premium broker for serious traders. SaxoTraderGO and SaxoTraderPRO platforms. Access to 70,000+ instruments across forex, stocks, bonds, options.
ThinkMarketsTrust 8.5/10
ASIC
FCA
CySEC
FSCA
AU/UK broker since 2010. ThinkTrader proprietary platform plus MT4/MT5. Strong global presence with offices in 8 countries.
Quick verdict
- Trust: Saxo Bank has the higher trust score.
- EUR/USD spread: ThinkMarkets is tighter on EUR/USD.
Side-by-side comparison
| Feature | Saxo Bank | ThinkMarkets |
|---|---|---|
| Trust score | 9.4 | 8.5 |
| Regulators | DFSA, FCA, ASIC, MAS, JFSA, FINMA | ASIC, FCA, CySEC, FSCA, JFSA, FSA-Japan |
| Headquarters | — | — |
| Founded | — | — |
| Min deposit | $0.00 | $0.00 |
| Max leverage | 1:200 | 1:500 |
| EUR/USD spread | 0.40 pips | 0.10 pips |
| Commission per lot | $0.00 | $7 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | — | — |
| Withdrawal methods | — | — |
| Withdrawal speed | — | — |
| Base currencies | — | — |
Saxo Bank is best for
Sophisticated traders
Multi-asset investors
High-net-worth clients
ThinkMarkets is best for
Multi-platform traders
No-deposit-required starters
AU residents