How we work with clientsStart your applicationClient login
Home › Buckingham Intelligence › Comparisons › Interactive Brokers vs Saxo
Comparison · 2026 edition

Interactive Brokers vs Saxo: wealth infrastructure compared 2026.

Interactive Brokers and Saxo side by side in the Wealth and Brokerage Infrastructure Index 2026: scores, evidence, published facts and awards.

Research by Buckingham Intelligence, the research unit of Buckingham Capital Consulting · Facts read 26 October 2026 · Dated copies of source pages kept · Method
4.4 / 5Interactive Brokers
3.5 / 5Saxo
Interactive BrokersHigher overall
6Criteria compared

Short answer.

In the Wealth and Brokerage Infrastructure Index, Interactive Brokers scores higher overall: 4.4 out of 5 (88 out of 100) against 3.5 (69), ranking 1 and 3 of 11. Interactive Brokers also scores higher in every segment.

Scores side by side.

Overall and segment scores out of 100, and the score out of 5.

ScoreInteractive BrokersSaxo
Score out of 54.43.5
Score out of 1008869
Overall rank1 of 113 of 11
For fintech apps and neobanks (out of 100)90, rank 169, rank 3
For banks and wealth managers (out of 100)85, rank 267, rank 4
For brokers expanding abroad (out of 100)89, rank 170, rank 3
TypeIntroducing broker and white-branding programmeMulti-asset broker and white-label platform

Criterion by criterion.

Each score with the evidence behind it.

CriterionInteractive BrokersSaxo
Asset range5/5
Shares, options, futures, currencies, bonds and funds published across 175+ markets.
5/5
Shares, bonds, funds, ETFs, options and futures published.
Published pricing4/5
Fee basis, no-minimum terms and markup caps published; full commission schedule sits on a separate page.
0/5
Not published.
Regulatory standing4/5
SEC, CFTC, FINRA and CIRO named; licence numbers not on the pages read.
4/5
FCA reference number published for the UK entity; other licences not on the pages read.
Market reach5/5
175+ markets in 40 countries published.
5/5
50+ markets published.
Integration and launch5/5
API, simulated account, white-branded portals and a stated set-up time published.
4/5
OpenAPI and white-label platforms published; no sandbox or launch time on the pages read.
Asset protection and security3/5
SIPC membership and clearing and carrying arrangement published; SIPC limit and security certificates not on the pages read.
1/5
Custody stated with only potential segregation; no scheme or certificate published.

Each criterion is scored 0 to 5 against the best published offer in the Wealth and Brokerage Infrastructure Index. 0 means not offered or not published. How it is scored

Published facts.

What each provider publishes on its own pages, read on 26 October 2026.

FactInteractive BrokersSaxo
Assets"trade stocks, options, futures, currencies, bonds and funds on over 175 markets in 40 countries and 29 currencies"."71,000+ instruments": "23,000+ stocks", "5,200+ government and corporate bonds", "18,300+ funds", "7,400+ ETFs", options, FX, futures and CFDs.
Pricing"no ticket charges, no minimums and no technology, software, platform, or reporting fees"; client markups capped at "15 times IBKR's highest tiered rate"; "For US stocks, the highest tiered rate would be USD 0.0035 per share.""Capital markets solutions with competitive pricing"; no figures published.
Regulatory standingInteractive Brokers LLC "is a member NYSE - FINRA - SIPC and regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission"; Interactive Brokers Canada is a CIRO member.UK entity: "Saxo Capital Markets UK Ltd" is "authorised and regulated by the Financial Conduct Authority, Firm Reference Number 551422".
Reach"Accounts are accepted from citizens or residents of all countries except" sanctioned or higher-risk countries.Stocks "from New York, Hong Kong, London, and 50+ other markets"; options "from 20+ exchanges".
IntegrationAPI and FIX CTCI; white branding of Client Portal, statements and registration, "implementation should take no more than two hours"; application XML for custom onboarding; simulated trading account."Go to market fast with off-the-shelf solutions or tailored experiences"; "Build bespoke and fully integrated user experiences using Saxo's OpenAPI"; pre-launch project management team.
ProtectionRequired disclosure: Interactive Brokers LLC, member SIPC, "provides execution, clearing and carrying services"; SIPC limit not stated on the pages read."Receive custody services through Saxo's broker and custodian network with the potential for segregation of assets."
Date read26 October 202626 October 2026

Not published or not stated by Interactive Brokers: protection, published pricing and regulatory standing.

Not published or not stated by Saxo: pricing, published pricing and regulatory standing.

Facts read on 26 October 2026 from: interactivebrokers.com/en/accounts/broker.php, interactivebrokers.com/en/trading/…; and home.saxo/institutional-and-partners/…, home.saxo/institutional-and-partners.

Awards 2026.

Awards follow from the published scores and cannot be bought.

Interactive Brokers
Leader 2026Best for fintech apps and neobanks 2026Best for brokers expanding abroad 2026Top rated for asset range 2026Top rated for market reach 2026Top rated for integration and launch 2026
Saxo
Leader 2026Top rated for asset range 2026Top rated for market reach 2026

Who each suits.

From each provider's strongest criteria and published terms.

Interactive Brokers suits

Brokers wanting the widest market access with published fees.

  • Asset range (5/5). Shares, options, futures, currencies, bonds and funds published across 175+ markets.
  • Market reach (5/5). 175+ markets in 40 countries published.
  • Integration and launch (5/5). API, simulated account, white-branded portals and a stated set-up time published.

Interactive Brokers full profile

Saxo suits

Banks and wealth managers wanting the widest instrument list.

  • Asset range (5/5). Shares, bonds, funds, ETFs, options and futures published.
  • Market reach (5/5). 50+ markets published.

Saxo full profile

Speak to an expert.

Tell us what you need and where you operate.