Is Saxo regulated by the FCA?

Yes. Saxo is authorised and regulated by the Financial Conduct Authority (FCA) with registration number 551422. You can verify this on the FCA register.

What is the minimum deposit for Saxo?

The minimum deposit for Saxo is £500.

What spreads does Saxo offer?

Saxo offers competitive spreads including: FTSE 100 from from 1 pt, EUR/USD from from 0.6 pips, GBP/USD from from 0.8 pips, Wall Street from from 2.4 pts, Gold from from 0.3 pts.

What platforms does Saxo offer?

Saxo offers SaxoTraderGO, SaxoTraderPRO, Saxo Mobile. Award-winning multi-device platform with advanced charting and research

What is Saxo's overall score on BetTheSpread?

Saxo scores 89/100 on BetTheSpread, based on our weighted methodology covering spreads, platform quality, AI tools, market range, education, and regulation.

Home/Brokers/Saxo

Saxo

Name: Saxo Spread Betting
Brand: Saxo

Widest market rangeEst. 1992 · FCA #551422

Premium multi-asset platform with institutional-grade tools and 71,000+ instruments. Below is our full breakdown of how Saxo scores across the six factors that matter most to UK spread bettors.

Visit Saxo →Compare with others

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Figure published by Saxo Capital Markets UK Ltd, verified 2026-07-26. Providers update this quarterly.

Affiliate link (#ad) — we may be paid a commission if you open an account. This does not affect Saxo’s score or ranking; see our methodology.

89/100

BTS Score · rank #5 of 15

BTS Score89/100

Founded1992

Min deposit£500

FTSE 100 spreadfrom 1 pt

RegulationFCA #551422

Tax statusTax-free (UK)

Scorecard

How Saxo scores

Each category rated 0–10, then weighted into the overall BTS score.

Spreads

8.3

Platform

9.3

AI Tools

8.0

Markets

9.9

Education

7.8

Regulation

9.7

Strengths

✓71,000+ instruments — unmatched market range

✓SaxoTraderPRO is institutional quality

✓FIX + REST API for custom integration

✓Danish banking licence — exceptional safety

✓Options, futures, bonds — true multi-asset

✓Morningstar research included

Trade-offs

–Minimum deposit £500 — highest on our list

–Platform can feel complex for beginners

–Custody fees on some products

–Wall Street spread wider than competitors

–Premium positioning = premium pricing

Trading platforms

SaxoTraderGOSaxoTraderPROSaxo Mobile

Head to head

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