Written by StockBrokers.com
In this head to head comparison of Saxo vs CMC Invest, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Your capital is at risk.
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, CMC Invest offers better pricing than Saxo for share dealing.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
When comparing the investment choices offered by Saxo and CMC Invest for UK investors, both platforms provide opportunities for share and ETF trading, as well as investment trusts and funds. Saxo stands out by offering CFD trading and access to both corporate and government bonds, while CMC Invest does not provide these options. Both brokers have opted not to cater to crypto trading or advisor services.
Despite slight differences in investment offerings, Saxo garners a perfect 5-star rating from UK.StockBrokers.com for its investment variety, cementing its position as the top broker among 21 contenders. Meanwhile, CMC Invest holds a strong 4.5-star rating and is ranked 14th, appealing to investors who may not require as wide a range of investment options as offered by Saxo.
| Feature |
Saxo
|
CMC Invest
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | No |
| ETFs | Yes | Yes |
| Mutual Funds | Yes | Yes |
| Bonds - Government (Gilts) | Yes | No |
| Investment Trusts | Yes | Yes |
| Spread Betting | No | No |
| Crypto Trading | No | No |
| Advisor Services | No | No |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
For UK traders looking to compare Saxo and CMC Invest, the differences in their trading tools are quite pronounced. Saxo provides traders with an extensive set of charting features, including 20 drawing tools and 64 technical indicators, ensuring a comprehensive analysis experience. Traders can personalize their charts further on Saxo by adding notes, as well as index and stock overlays. Additionally, Saxo users benefit from a browser-based trading platform, allowing for flexibility and convenience when accessing the markets. Both platforms do offer stock price alerts and real-time market data, which is essential for staying informed on market movements.
On the other hand, CMC Invest falls short in several areas compared to Saxo. While CMC Invest also provides real-time market data and allows users to set alerts for stock price updates, it lacks any drawing tools and technical indicators for charting. Furthermore, there is no option to add notes or overlays to charts on the CMC Invest platform. Potential users should also note that CMC Invest does not offer a browser-based trading platform, potentially limiting how traders can interact with their investments. These differences could significantly impact the trading experience depending on an individual’s needs and trading strategies.
| Feature |
Saxo
|
CMC Invest
|
|---|---|---|
| Web Platform | Yes | No |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 64 | 0 |
| Charting - Drawing Tools | 20 | 0 |
| Charting - Notes | Yes | No |
| Charting - Display Corporate Events | No | No |
| Charting - Stock Overlays | Yes | No |
| Charting - Index Overlays | Yes | No |
For UK investors exploring online brokers for retirement savings, both Saxo and CMC Invest present solid choices by offering key retirement accounts. Each broker provides access to ISAs (Individual Savings Accounts) and SIPPs (Self-Invested Personal Pensions), allowing you to manage and grow your savings tax efficiently. Whether you're inclined towards ISAs for straightforward savings or looking into SIPPs for more hands-on retirement planning, both Saxo and CMC Invest accommodate these needs effectively, giving you ample flexibility in managing your financial future.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
For UK investors seeking user-friendly mobile trading options, both Saxo and CMC Invest provide apps for iPhone and Android users. Saxo's app stands out with a top rating of 5 stars and ranks first among 21 brokers, according to UK.StockBrokers.com, highlighting its superior functionality and user satisfaction. Meanwhile, CMC Invest also delivers a commendable mobile experience with a respectable 4.5-star rating, ranking 11th, offering a solid choice for those looking for a reliable trading app. Both platforms ensure accessibility for on-the-go trading, but Saxo holds a slight edge in terms of overall user approval.
Dive deeper: Best Stock Trading Apps UK.
For UK beginners in investing, choosing between Saxo and CMC Invest involves considering their distinct educational resources. Saxo shines by offering live educational webinars, which are also archived for on-demand viewing, making it easy to learn at your own pace. However, Saxo doesn't cover topics like share trading, funds, or retirement. In contrast, CMC Invest excels in these specific educational areas but lacks live and archived webinars. According to UK.StockBrokers.com, Saxo stands out, boasting a 5-star rating and ranking third out of 21 brokers for beginner education, while CMC Invest, with a 4-star rating, sits at the 15th position. Overall, Saxo offers more dynamic learning opportunities, whereas CMC Invest provides targeted topic-based guidance.
| Feature |
Saxo
|
CMC Invest
|
|---|---|---|
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Education (Share Trading) | No | Yes |
| Education (Funds) | No | Yes |
| Education (Retirement) | No | Yes |
| Education |
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|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing Saxo and CMC Invest for market research features, both platforms provide research reports for funds, shares, and ETFs, offering UK investors a comprehensive insight into these investment options. However, Saxo stands out by allowing users to view portfolio allocation by asset class, a feature not available on CMC Invest. Additionally, while both platforms support research on funds and shares, Saxo goes a step further with bond research, which CMC Invest lacks. This makes Saxo a more versatile choice for those seeking detailed market analysis and portfolio management tools.
| Feature |
Saxo
|
CMC Invest
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Research - Bonds | Yes | No |
| Research - Funds | Yes | Yes |
| Fund Research - Research Reports | Yes | Yes |
| Portfolio Allocation Breakdown | Yes | No |
Which broker is better overall, Saxo or CMC Invest? After collecting more than 900 data points over a 10-week period, we found Saxo to be a better trading platform overall.
Saxo’ trading platform is highly sophisticated and offers a huge range of international shares and funds. The biggest downside is the cost, as its charges are higher than its U.K. competitors. It's best suited for experienced investors rather than beginners.
| Feature |
Saxo
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CMC Invest
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|---|---|---|
| Overall Rating |
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| Charges & Fees |
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| Investment Choices |
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| Mobile App |
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| Website |
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| Ease of Use |
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Both Saxo and CMC Invest do not offer cryptocurrency trading options, highlighting a limitation in their investment platforms for those specifically seeking cryptocurrency investments.
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0 of 5| Overall Rating | Saxo | CMC Invest | |
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| Review | Saxo Review | CMC Invest Review | |
| Winner | check_circle |
| Investments | Saxo | CMC Invest | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | Yes | Yes | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | No | |
| Mutual Funds | Yes | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | Yes | No | |
| Bonds - Government (Gilts) | Yes | No | |
| Investment Trusts | Yes | Yes | |
| Spread Betting | No | No | |
| Crypto Trading | |||
| Advisor Services | No | No |
| Trading Fees | Saxo | CMC Invest | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 | |
| Share Trading: 0-9 Deals/ Month | From £3 or 0.08% | £0 | |
| Share Trading: 10-19 Deals/ Month | From £3 or 0.08% | £0 | |
| Share Trading: 20+ Deals/ Month | From £3 or 0.08% | £0 | |
| 5 trades per year (£30k portfolio) | |||
| 12 trades per year (£30k portfolio) | |||
| 36 trades per year (£30k portfolio) | |||
| 120 trades per year (£30k portfolio) | |||
| 3 fund trades per year (£30k portfolio) | |||
| Annual Platform Fee (Funds): £0 - £250,000 | Up to £800 | £120 | |
| Annual Platform Fee (Funds): £250K-£500K | £500 to £1,000 | £120 | |
| Annual Platform Fee (Funds): £500,000 - £1m | Up to £1,998 | £120 | |
| Annual Platform Fee (Funds): £1m and over | £1,000 | £120 | |
| Bonds - Corporate - Fee | €20 minimum | N/A | |
| Bonds - Government (Gilts) - Fee | €20 minimum | N/A | |
| ETFs - Fee | From $1 | £0 | |
| Investment Trusts - Fee | From $1 / £3 / €10 | £0 | |
| Telephone Dealing Fee | £50 | £0 |
| Broker Screenshots | Saxo | CMC Invest | |
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| Mobile Trading Apps Gallery (click to expand) |
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| Education Gallery (click to expand) |
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| Platforms & Tools | Saxo | CMC Invest | |
|---|---|---|---|
| Web Platform | Yes | No | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 64 | 0 | |
| Charting - Drawing Tools | 20 | 0 | |
| Charting - Notes | Yes | No | |
| Charting - Display Corporate Events | No | No | |
| Charting - Stock Overlays | Yes | No | |
| Charting - Index Overlays | Yes | No |
| Research | Saxo | CMC Invest | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | Yes | Yes | |
| Fund Research - Research Reports | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | Yes | No |
| Education | Saxo | CMC Invest | |
|---|---|---|---|
| Education (Share Trading) | No | Yes | |
| Education (Funds) | No | Yes | |
| Education (Retirement) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No |
| Overall Summary | Saxo | CMC Invest | |
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| Review | Saxo Review | CMC Invest Review | |
| Winner | check_circle |
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