NM23 vs SAXO
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safer pick SAXO leads on safety — winning 3 of 4
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
51
✓23
Verdict
Elevated
Low risk
Regulatedⓘ
No
Yes
Licenses
0
✓4
Tier-1 regulatorsⓘ
0
✓2
Trustpilot score
—
3.7
Reviews collected
—
8705
Exit riskⓘ lower = safer
—
Low risk
Known clonesⓘ
✓0
1
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
—
$100000
Max leverage
—
—
Min spread (best acct)
—
—
Commission
—
—
Cost grade
—
—
Account types
0
✓3
Best for
Suits
Traders interested in precious metals (gold, silver) trading, Hong Kong-based clients seeking local deposit methods (FPS, eDDA), Experienced traders comfortable with high leverage and offshore regulation
Long-term investors seeking a regulated multi-asset platform, Experienced traders who value a broad range of instruments and advanced tools, High-net-worth individuals comfortable with higher minimum deposits
Not for
Traders requiring strong regulatory protection (e.g., FCA, ASIC), Beginner traders looking for extensive educational resources, Traders needing a wide range of instruments or multi-asset diversification
Traders who need fast, frictionless withdrawals and transfers, Those who prefer low minimum deposits and simple account opening, Users who are sensitive to KYC document requests and compliance delays
Products & Funding
Instruments
—
--
Deposit methods
—
--
Withdrawal
—
--
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2020-10-20
2017-09-08
Headquarters
🇭🇰 Hong Kong
🇭🇰 Hong Kong
Employees
0
27
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.