Saxo vs FXCC

Saxo or FXCC – which is better for UK traders 2025? Compare Saxo and FXCC in this detailed breakdown of their platforms, features and fees.

Saxo vs FXCC Comparison Table 2025
Saxo FXCC
rating empty
rating full
4
rating empty
rating full
4.5
Saxo is ranked #65 among CFD brokers. FXCC is ranked #4 among CFD brokers.
Saxo Markets is a renowned trading brokerage, investment firm, and regulated bank. Featuring over 72,000 trading instruments, alongside investment products and managed portfolios, it provides abundant opportunities for clients. This reputable brand ensures transparent pricing and is protected by top-tier regulations from more than ten agencies, including FINMA, FCA, and ASIC. FXCC, a well-established brokerage since 2010, offers cost-effective online trading. Registered in Nevis and regulated by CySEC, it is distinguished by its ECN conditions and absence of a minimum deposit requirement. The account opening process is efficient, taking under five minutes.
66% of retail accounts lose money.
Pros
  • Advanced proprietary trading platforms featuring extensive charting options and sophisticated analysis tools.
  • Elite research centre offering specialised market analysis and exclusive forecasts, including 'Outrageous Predictions'.
  • Outstanding educational materials are available, such as podcasts, webinars, and expert-led videos.
  • Access to advanced external analysis tools, such as TradingView and Updata, is available.
  • The ISA account offers easy access and flexibility, as it incurs neither entry nor exit fees.
  • A well-regulated and reputable firm located in Switzerland.
  • Reduced fees with advanced account levels.
  • FXCC has introduced MT5, which in our evaluations, mirrored the trading conditions of MT4 by offering swift execution, improved charting, and market depth tools.
  • FXCC offers competitive and transparent ECN spreads starting from 0.0 pips, with no commissions. This makes it one of the most cost-effective forex brokers available.
  • The complimentary education section, featuring the 'Traders Corner' blog, provides a wide array of resources suitable for traders of all experience levels.
  • There are no deposit fees other than standard cryptocurrency mining charges, which benefits active traders.
  • FXCC is a trusted and licensed broker under the regulation of CySEC, a leading European authority ensuring excellent safeguarding standards.
  • There are no limitations on short-term trading techniques such as trading and scalping.
Cons
  • Trading accounts require substantial financial investment.
  • A subscription is necessary to access Level 2 pricing.
  • Clients from certain regions, such as the US and Belgium, are not accepted.
  • FXCC's exclusive MetaTrader platform is a limitation, especially when compared to more versatile options like AvaTrade, which offers five different platforms to cater to various trader needs.
  • While the MetaTrader suite excels in technical analysis, its outdated design detracts from the overall trading experience, particularly when contrasted with contemporary platforms such as TradingView.
  • The range of research tools, such as Trading Central and Autochartist, is quite limited. Leading platforms in this category, like IG, offer more advanced features.
  • The variety of currency pairs surpasses most options, but the choice of other assets is limited. Notably, stocks are absent.
  • Unaware traders might face steep withdrawal fees, such as a notable $45 for bank transfers.
Awards
  • Best STP Broker 2019 - World Finance Magazine Awards
  • Best Trading Account (XL Account) 2019 - World Finance Magazine Awards
  • Best Trading Account (XL Account) Europe 2018 - Global Banking & Finance Awards
  • Best STP Broker Europe 2018 - Global Banking & Finance Awards
  • Best Trading Account (XL Account) 2018 - JFEX Awards
  • Best MT4 Broker 2018 - JFEX Awards
  • Best Islamic Forex Broker (XL Account) 2018 - MENA Forex Show Awards
  • Best STP/ECN Forex Broker 2018 - MENA Forex Show Awards
  • Best Forex Trading Account 2017 - UK Forex Awards
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs CFDs, Forex, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
£500 $0
Payment Methods
Minimum Trade
Vary by asset 0.01 Lots
Regulator
DFSA, MAS, FCA, SFC, FINMA, AMF, CONSOB CySEC
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) iOS & Android
Trading App

FXCC elevates mobile trading with the MT4 app on iPhone, iPad, and Android, perfect for traders with its reliable, advanced charting featuring 30 indicators, 9 timeframes and 3 chart types. It’s incredibly easy to dive into trading on the MT4 app through an FXCC account, with just 3 simple steps. The app offers the flexibility to trade a great selection of over 70 currency pairs and other popular markets on the go.

iOS App Rating
rating empty
rating full
4.6
rating empty
rating full
4.8
Android App Rating
rating empty
rating full
4.6
rating empty
rating full
4.4
Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
  • USD
  • EUR
  • GBP
Commodities
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Copper
  • Corn
  • Gold
  • Silver
  • Precious Metals
  • Platinum
  • Palladium
  • Oil
CFD
Trade over 8,900 CFDs, including forex, stocks, indices, commodities, options, and bonds. Utilise advanced tools and signals to enhance your trading experience. FXCC provides a modest selection of CFDs beside forex, including metals, energies, indices, and cryptos. Nevertheless, it distinguishes itself by offering high leverage of up to 1:500. This feature appeals to seasoned traders wishing to enhance their purchasing power while betting on market fluctuations.
Leverage
1:30 1:500
FTSE Spread
1.2 pts (Variable) Variable
GBPUSD Spread<
0.7 (var) 1.0
Oil Spread
0.03 0.03
Stocks Spread
0.10% (subject to min commission) NA
Forex
Access top-tier liquidity across an extensive selection of 189 currency pairs and spot metals, as well as 130 forwards, with spreads starting as low as 0.4 pips. FXCC champions its competitive forex trading environment. ECN spreads can drop to an impressive 0.0 pips during busy trading periods. Offering more variety than many competitors, it supports over 70 currency pairs. Furthermore, traders benefit from MT4, renowned for its exceptional charting capabilities, specifically designed for forex trading.
Assets
40+ 70+
GBPUSD Spread
0.7 (varies by region) 1.0
EURUSD Spread
0.2 (varies by region) 0.2
EURGBP Spread
0.6 (varies by region) 0.5
Cryptocurrency
Engage in trading cryptocurrencies against leading fiat currencies, or adopt a longer-term strategy through ETNs. FXCC provides access to eight popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Traders can utilise high leverage, up to 1:10 for Bitcoin and 1:5 for other cryptocurrencies. All trading strategies are allowed, with the use of Expert Advisors (EAs) permitted.
Spread
Variable Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • XTZ
  • SOL
  • ADA
  • DOT
  • BTC
  • BCH
  • ETH
  • LTC
  • XMR
  • ZEC
  • DAS
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Saxo FXCC
66% of retail accounts lose money.
More Comparisons
Saxo
vs

FXCC
vs