Saxo Bank

Saxo Bank

Saxo Bank is a broker headquartered in Denmark with many offices throughout the world. The broker is regulated by a number of financial institutions, including Danish Financial Supervisory Authority. Due to activity in many markets the broker has become a leading player in online investing market. Security of funds, high liquidity, speed of transactions and a huge number of available instruments are the main advantages of Saxo Bank. The broker is designed for experienced investors with a big capital and requires the minimum deposit of at least $2 000.

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Saxo Bank – Safety of Funds

  • Saxo Bank A/S is a fully licensed European bank under the supervision of Danish Financial Supervisory Authority
  • broker’s branches are registered by relevant financial institutions
  • Saxo Bank is a member of the Danish Guarantee Fund for Depositors and Investors

Open Demo Account
Open Real Account

Risk Warning: Forex and CFDs come with a high risk of losing money rapidly due to leverage. Most of retail investors lose money when trading on Forex market. You should consider whether you understand how Forex and CFDs work and whether you can afford to take the high risk of losing your money.

Basic info­rma­tion about SaxoBank
Web­site www.­home.­saxo
Foun­ded1992
Coun­tryDenmark
Re­gula­tions FCA (Denmark), ASIC (Australia), FCA (UK), MAS (Singapore)
Scalp­ing yes
He­dg­ing yes
Depo­sit and
with­drawal meth­ods		Bank Wire Transfer
Web­site lang­ua­ges many languages ​​from around the world
No ser­v­ic­es USA
Isla­mic Acco­unt no
Demo acco­unt yes (20 days)

Types of SaxoBank accounts
Name
Cla­ssic
Pla­ti­num
VIP
Mini­mum depo­sit
$2 000
$50 000
$1 000 000
Maxi­mum leve­rage
1:­50
1:­50
1:­50
Mini­mum posi­tion
0.01 lot
0.01 lot
0.01 lot
Acco­unt curren­cies
USD, EUR, GBP, AUD, CAD and 17 more;
possibility sub-accounts with different currencies
Plat­forms
Saxo­Trader­GO, Saxo­Trader­Pro
Saxo­Trader­GO, Saxo­Trader­Pro
Saxo­Trader­GO, Saxo­Trader­Pro
Spr­ead
float­ing
float­ing
float­ing
EUR­/USD
0.6
0.5
0.4
GBP­/USD
0.7
0.6
0.4
Com­mis­sion
$5/lot
$5/lot
$5/lot

Trad­ing in­stru­ments (CFDs)
Curre­ncy pairsyes 180+Pre­cious metalsyes
Sto­cksyes 27 800+Ener­giesyes
Indi­cesyes 25+So­ft com­mo­di­tiesyes
Bon­dsyes 5 000+Cry­pto­curren­ciesyes

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Promo­tions
currently no promotion

Broker Website
List of Forex Brokers

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