IG vs Saxo
A side-by-side evidence check. Missing values stay missing; a minimum spread is not a typical trading cost.
A historical average cannot be compared as a current quote
IG’s captured MT4 averages refer to a 12-week period ending 8 January 2021. Saxo’s captured EUR/USD price is an advertised minimum with separate rollover and unrealised-profit/loss financing information. The age and type of these observations differ.
A fair request asks both for the same account tier, trade size, trading hours and recent observation period. Also distinguish the IG DIFC account from Saxo’s representative-office and bank roles. Neither an old average nor a minimum is a current measured cost for the reader.
Sources: IG UAE MT4 pricing; averages use a 2021 observation window ↗ · Saxo MENA FX pricing and financing ↗ · Saxo · MENA forex product page ↗
| Compare evidence | IG | Saxo |
|---|---|---|
| Entity | IG Limited | Saxo Bank A/S (MENA product disclosure) |
| Licence | F001780 | UNKNOWN — not verifiedUAE financial permission not established. Separately identified overseas references are described above; they are not UAE licences. |
| Scope | Retail and holding / controlling client assets endorsements | UNKNOWN — not verified |
| AED currency | UNKNOWN — not verified | UNKNOWN — not verified |
| EUR/USD pips | UNKNOWN — not verified | 0.5Minimum advertised EUR/USD spread; not typical or comparable to Equiti typical spread. |
| Minimum, USD | UNKNOWN — not verified | UNKNOWN — not verified |
| Client-money location | UNKNOWN — not verified | UNKNOWN — not verified |
A client-assets endorsement is not a named bank account, a deposit guarantee, or proof of the account you will open. Historical DFSA record F001014 shows withdrawal on 2 July 2017. It must not be presented as a current licence. Current product terms and contracting entity need separate verification.
What the comparison covers
The captured sources establish only the fields shown. They do not establish which broker is cheapest for your account or where your individual funds will be held. Ask both firms for the same instrument, account type, trade size and holding period.
Compare a fee scenario →What to resolve for IG and Saxo
Both profiles have captured values for named source entity. These values need matching account scope before any price comparison.
At least one side still lacks: published platforms, AED account currency, EUR/USD spread, commission, client-money location. Request these details from both firms for the same UAE-resident account and instrument. Missing values cannot establish a winner.