Summary of Saxo Bank Trading Company
Saxo Bank is a reliable broker with the TU Overall Score of 7.49 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Saxo Bank clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company. Saxo Bank ranks 6 among 79 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Saxo Bank focuses on providing access to trading in various markets that include stocks, bonds, Forex, futures, and options, as well as to mutual funds and ETFs. Moreover, it offers portfolio management tools and analytical data for traders and investors.
Saxo Bank is a large Danish bank established in 1992. It specializes in online investments and trading different financial instruments, including underlying assets, debt instruments, and derivatives. It provides access to organized exchanges of the U.S., Pacific Ocean region, EU, Asia, Africa, and the Middle East, and to Forex and CFD markets. Saxo Bank provides its services to individual and institutional investors, offers a wide choice of account types, proprietary and third-party platforms, and a multi-level fee model that depends on the trading volume. The broker is regulated by DFSA (Danish Financial Supervisory Authority), FCA (Financial Conduct Authority | UK), ASIC (Australian Securities and Investments Commission), FINMA (Swiss Financial Market Supervisory Authority), and SFC (Securities and Futures Commission | Hong Kong).
| 💰 Account currency USD, EUR, GBP, AUD, CAD, HKD, etc. | |
| 🚀 Minimum deposit: 1 unit of base currency | |
| ⚖️ Leverage: Up to 1:30 for Forex | |
| 💱 Spread: No | |
| 💹 Margin Call / Stop Out: 100%/75% | |
Saxo Bank is a reliable broker with the TU Overall Score of 7.49 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Saxo Bank clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company. Saxo Bank ranks 6 among 79 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Saxo Bank focuses on providing access to trading in various markets that include stocks, bonds, Forex, futures, and options, as well as to mutual funds and ETFs. Moreover, it offers portfolio management tools and analytical data for traders and investors.
Saxo Bank is a large Danish bank established in 1992. It specializes in online investments and trading different financial instruments, including underlying assets, debt instruments, and derivatives. It provides access to organized exchanges of the U.S., Pacific Ocean region, EU, Asia, Africa, and the Middle East, and to Forex and CFD markets. Saxo Bank provides its services to individual and institutional investors, offers a wide choice of account types, proprietary and third-party platforms, and a multi-level fee model that depends on the trading volume. The broker is regulated by DFSA (Danish Financial Supervisory Authority), FCA (Financial Conduct Authority | UK), ASIC (Australian Securities and Investments Commission), FINMA (Swiss Financial Market Supervisory Authority), and SFC (Securities and Futures Commission | Hong Kong).
| 💻 Trading platform: | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, FIX API, TradingView, Dynamic Trend, MultiCharts, Updata, etc. |
|---|---|
| 📊 Accounts: | Saxo (Classic, Platinum, and VIP), Joint, Corporate, Professional, and Portfolio-based margin |
| 💰 Account currency: | USD, EUR, GBP, AUD, CAD, HKD, etc. |
| 💵 Replenishment / Withdrawal: | Bank transfers, bank cards (deposits), and Deposit with Quick Payment (for accounts opened with Danish banks) |
| 🚀 Minimum deposit: | 1 unit of base currency |
| ⚖️ Leverage: | Up to 1:30 for Forex |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 lots for Forex and $1 for securities |
| 💱 Spread: | No |
| 🔧 Instruments: | Stocks, ETFs, ETNs, ETCs, bonds, options, futures, mutual funds, and leveraged instruments for CFDs and Forex |
| 💹 Margin Call / Stop Out: | 100%/75% |
| 🏛 Liquidity provider: | Commerzbank, Barclays, JP Morgan, Credit Agricole, HSBC, Lloyds, etc. |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market |
| ⭐ Trading features: | Trading fees reduce when trading volumes increase |
| 🎁 Contests and bonuses: | Yes |
