Yes, Saxo is one of the best futures brokers we compare. I would say their major competitor for futures tradering is Interactive Brokers, which is much cheaper, but Saxo offers a better personal service. Smaller retail brokers like Plus 500 are moving into the futures trading industry (as opposed to CFDs) but that is only to capture the US market. One key advantage of Saxo is that they are one of the few TradingView brokers that let you execute trades as DMA futures.
65% of retail investor accounts lose money when trading CFDs with this provider.
Saxo Markets won “best futures broker” in our 2022 awards as they offer a very robust futures trading platform, dedicated dealers and low costs. Overall Saxo Markets offer the best futures trading platform for the majority of semi-professional and institutional traders in the UK. They also offer access to the markets via CFDs and options for traders that want a more rounded service as well as investment options like physical shares dealing and investment bonds.
Pros:
- Professional futures trading platform
- Advanced research and analysis
- UK office with voice brokerage
Cons:
- High minimum deposit
- No futures spread betting
- No US customers
Compare trading futures at Saxo against other futures brokers below:
| Futures Broker | Markets | Exchanges | Min Deposit | Commission | GMG Rating | More Info |
|---|---|---|---|---|---|---|
 | 330+ | 35 | £2,000 | $0.85-0.25 per lot | Visit Broker | |
 | 100+ | 5+ | £100 | $0.49-$.89 | See Broker | |
 | 300+ | 20 | £1 | $4-1 per lot | Visit Broker |
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
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