SAXO vs Upway
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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An independent AI take on which of these fits you — from the data, not opinions for sale. Launching soon.
Safer pick SAXO leads on safety — winning 3 of 3
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
✓23
38
Verdict
Low risk
Guarded
Regulatedⓘ
Yes
Yes
Licenses
✓4
1
Tier-1 regulatorsⓘ
✓2
0
Trustpilot score
3.7
—
Reviews collected
8705
—
Exit riskⓘ lower = safer
Low risk
—
Known clonesⓘ
1
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
✓3
0
Best for
Suits
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
Precious metals CFD traders seeking a regulated Asian broker, Traders interested in high VIP tiers with cash rebates and bonuses, Investors preferring multiple platforms including MT5 and proprietary systems
Not for
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
Traders looking for forex or multi-asset CFDs beyond gold and silver, Residents of the United States, Belgium, or Canada, Investers requiring regulator oversight from a major financial authority like the SFC or FCA
Products & Funding
Instruments
--
—
Deposit methods
--
—
Withdrawal
--
—
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2017-09-08
2017-09-19
Headquarters
🇭🇰 Hong Kong
🇭🇰 Hong Kong
Employees
27
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.