Saxo Bank

🇨🇴 Denmark • Est. 1992

4.2

/ 10

Saxo Bank Review

Saxo Bank is a Danish investment bank founded in 1992, offering online trading and investment services across global markets. Regulated as a proper bank, Saxo provides institutional-grade services.

Ratings Breakdown

Account Conditions4.0/10

Trading Settings4.3/10

Tools & Resources4.4/10

Trust4.8/10

Customer Service3.9/10

User Experience3.8/10

Pros

Access to 71,000+ instruments

Full banking license (FSA)

Institutional-grade platforms

Comprehensive research

Premium charting

Cons

High minimum deposit ($2,000)

Higher trading costs

Complex platform for beginners

Limited social trading

Key Details

Regulation

FSA, FCA, ASIC, MAS, SFC, JFSA

Min. Deposit

$2,000

Platforms

SaxoTraderGO, SaxoTraderPRO

Leverage

Up to 1:30

Assets

Forex, Stocks, ETFs, Bonds, Options, Futures, CFDs, Mutual Funds

Spreads

From 0.6 pips

Funding

Deposit Methods

Bank Wire Credit/Debit Cards

Withdrawal Methods

Bank Wire

Support

24/5 Phone, Email

Open Account at Saxo Bank

Open Account

FX News

View All →

Swiss Franc holds gains against US Dollar as Middle East tensions outweigh upbeat US data

Jul 17

US Dollar: Risk-off support and DXY downside risks – Scotiabank

Jul 17

EUR/GBP Price Forecast: RSI flirts with oversold territory as bears defend key resistance

Jul 17

Dollar heads for weekly decline on eased Fed rate worries; sterling hits stride

Jul 17

Sterling today: Pound slips against strong dollar as Fed tightening bets hold firm

Jul 17

Market News

View All →

Fuel for the 2nd Wave of Inflation: Import Prices of Manufactured Goods, Driven by Computers & Electronic Products

Jul 19

Two U.S. service members killed in Jordan

Jul 19

Chip stock pullback sparks worries about AI rally strength, leveraged trade

Jul 18

Wall St ends lower for the day and week as chip selloff broadens

Jul 18

UoM Consumer Sentiment Index is seen improving to 54.4 in July

Jul 17