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Best Saxo alternatives

Saxo scores 89/100 in our rankings. Here are 14 other FCA-regulated spread betting platforms that might suit your needs better.

SaxoYou are comparing against

FCA #551422 · Est. 1992

/100

Why look at alternatives?

Saxo scores 89/100 overall and is a strong all-rounder, but no single platform is best for everyone. If tighter spreads, a specific platform, lower minimums or a particular market focus matter more to your trading, the platforms below may be a better fit. Alternatives are ranked by category overlap with Saxo first, then by overall BTS score.

Top 5 alternatives

The closest matches to Saxo

Ranked by shared use cases, then overall BTS score.

IGFCA #195355

The UK's No.1 spread betting provider with 50+ years of heritage

✓Largest UK provider — trusted by 313,000+ clients

✓Exceptional platform with ProRealTime integration

Min deposit£250

FTSE spreadfrom 1 pt

Markets16,000+

4 shared categories

94/100

View details

PepperstoneFCA #684312

Razor-sharp spreads and multi-platform choice for active traders

✓Industry-leading forex spreads (from 0.0 pips)

✓Excellent multi-platform choice

Min deposit£0

FTSE spreadfrom 1 pt

Markets1,200+

3 shared categories

89/100

View details

CMC MarketsFCA #173730

Award-winning Next Generation platform with 12,000+ instruments

✓No minimum deposit — start with any amount

✓Next Generation platform is exceptional

Min deposit£0

FTSE spreadfrom 1 pt

Markets12,000+

2 shared categories

92/100

View details

City IndexFCA #113942

Competitive spreads and professional-grade tools backed by StoneX Group

✓Excellent forex spreads (from 0.5 pips EUR/USD)

✓AT Pro for serious algo trading

Min deposit£100

FTSE spreadfrom 1 pt

Markets13,500+

2 shared categories

90/100

View details

FXCMFCA #217689

Forex specialist with Trading Station and API access for systematic traders

✓Excellent forex spreads (from 0.2 pips Active Trader)

✓Strong API access (REST + FIX)

Min deposit£50

FTSE spreadfrom 1 pt

Markets400+

1 shared categories

79/100

View details

More alternatives

Every platform we cover

The full set of FCA-regulated providers beyond the top five.

OANDA

Est. 1996

Forex pioneer since 1996 with Autochartist, API access, and TradingView

Min £0FTSE from 1 ptFCA #542574

eToro

Est. 2007

Social trading pioneer — copy top traders and spread bet tax-free

Min £50FTSE from 1.5 ptsFCA #583263

ActivTrades

Est. 2001

£1 million client fund insurance and Smart Tools suite for technical traders

Min £0FTSE from 0.68 ptsFCA #434413

Trade Nation

Est. 2014

Fixed spreads that don't widen — beginner-friendly with TradingView integration

Min £0FTSE 0.8 pts (fixed)FCA #525164

FxPro

Est. 2006

Multi-regulated broker with cTrader, MT4, MT5, and fast NDD execution

Min £100FTSE from 1.35 ptsFCA #509956

Capital.com

Est. 2016

AI-powered trading platform with smart features and commission-free trading

Min £20FTSE from 1 ptFCA #793714

Spreadex

Est. 1999

Unique dual sports and financial spread betting under one FCA-regulated roof

Min £0FTSE from 0.9 ptsFCA #190941

ThinkMarkets

Est. 2010

Ultra-tight index spreads with Trader's Gym backtesting and 50 daily AI signals

Min £0FTSE from 0.90 ptsFCA #629628

Plus500

Est. 2008

Simple, commission-free spread betting with a clean interface

Min £100FTSE from 1.5 ptsFCA #509909

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Our 6-factor scoring methodology.

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