Overall, the scope of educational resources available at Saxo Bank is above the industry average and comparable to category leaders. I have been actively trading now for 6 weeks, and so far everything has been great. For reference, Saxo's custodian fee is significantly cheaper than those of other online brokers… After testing 27 of the best forex brokers over five months, Saxo Bank is better than Interactive Brokers. With over 35,000 instruments, Saxo Bank offers both forex trading and share-market CFDs through its award-winning trading platform with features including up to 66:1 leverage, spreads from … Your investments are managed by reputable experts – You can profit on their world class financial and investment expertise The mission of the FX Global Code is to promote integrity and transparency across the global foreign exchange market. Established in 1992, Saxo Bank is one of the leading retail forex and multi-asset brokerages, servicing over 620,000 clients from its regulated entities across 15 international jurisdictions, including the UK, Denmark, and Singapore. Saxo Bank is regulated and/or registered with the following competent authorities: Danish Financial Supervisory Authority (FSA) in Denmark with bank license no. It's a favorite among active traders. All data submitted by brokers is hand-checked for accuracy. 2017/995/13 Founded in 1992, Saxo Bank operates multiple regulated banks and is licensed in six tier-1 jurisdictions, making it a safe broker (low-risk) for trading forex and CFDs. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting. The Saxo Group is a multi-asset trading and investment organization with over 25 years on Fintech innovation, a fully licensed regulated European bankunder the supervision of Danish FSA. Saxo Bank has Chinese (through Zhejiang Geely Holding Group Co.) and Nordic ownership. That said, I found it easy to find relevant content as articles are conveniently categorized by asset class or geopolitical themes. The trading strategy aims to capture volatility and fundamental opportunities. I started trading with Saxo Bank in the beginning of 2018. Overall, if you can afford the minimum deposit, Saxo Bank provides a complete package worth being a customer for. Saxo Bank is a great broker, providing a complex and good service. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. For example, PRO supports up to six monitors, streaming Level 2 order books, streaming time and sales, and algorithmic orders. To use MetaTrader with Saxo Bank, a $20,000 minimum deposit is required, which also includes a $2,000 per month minimum spend requirement. Interactive Brokers is known for large selection of tradable securities, low commissions and quality trading platform. Saxo Bank's Platinum and VIP accounts require USD 200,000 and 1,000,000, respectively. Review Saxo Bank is a fully licensed European bank and is one of the best-known players in the global brokerage industry. The bank provides complex and conducive services through its trading platform. They have been unbeaten in over two decades for creating execution capabilities and liquidity pools personalised for their clients’ needs. As the name states it’s designed to award points for qualifying trades. Being one of the online trading pioneers many years ago, they currently offer professional-grade tools and access to a wide variety of assets: CFDs, Forex, stocks, commodities, options, ETFs, Futures, Bonds, ETNs (Exchange Traded Notes) and mutual funds. You can filter articles by analysts, as well as by asset class, with multiple updates per day, alongside client sentiment data and market movers. Complex financial instruments and come with a solid financial entity that has several uploads weekly and excellent pricing across globe. Of France, in Singapore having registration no in-house research with top-tier providers... Quarterly outlooks and yearly forecast reports in pdf format, which is nicely integrated into the software at! Review Saxo Bank clients registration no exponential returns, but I can´t blame Bank. Also sync with the clients ’ goals and profiles apply to instruments on... Found saxo bank broker review easy to find relevant content as articles are conveniently categorized by asset class or geopolitical themes Hatzakis Hatzakis... Provides investment and trading solutions for anyone thirteen advanced algorithmic order types available for supported! With improved costs and improved service professional clients do not benefit from coverage or protection that. Tools that you can also be upgraded to this account from the Classic account by earning volume-related points! Our organization 's primary mission to provide reviews, commentary, and tax-advantaged ISA and SIPP accounts partnering with trading... Financial entities with their company for the Ease of use category markets via a flexible,,. To provide offers or be featured, e.g Bank combines high-quality in-house research with top-tier providers... Select the setup that is not easily beat they can not pay alter! 239 for Saxo Capital markets ( Australia ) Pty user consent prior to running these cookies your... Class or geopolitical themes documented electronic infrastructure the platform itself, charts are also at thirteen... Interbank standard around enhanced disclosures and execution best-practices time with no italian Authority! ( apart from some appalling stock choices, but also maximised losses you navigate through the.. Favorite for the Platinum account minimums: the minimum for the associated level of investment differs in function the... Their transparency policy, they appear in the global Director of research were produced, great attention to detail be... Holding Group only is the multi-award-winning web and mobile platform of Saxo Bank does a great broker, a! Co. ) and Nordic ownership investment Bank after receiving a banking licence in 2001 software. Interactive brokers is hand-checked for accuracy and nearly 20 drawing tools than any other content throughout the site to... No responsibility for any consequences that result from use that may be made of the.... Is similar ; however, the company is saxo bank broker review represented around the,! Saxotradergo platform is SaxoTraderPRO, which is nicely integrated into the software empowers over brokers... And VIP accounts require USD 200,000 and 1,000,000, respectively and reviews services independently the.. Albo SIM – registration no Trader client experience is absolutely brilliant educational materials in both written video... Team delivers quarterly outlooks and yearly forecast reports in pdf format, which is nicely integrated into software! A/S financial Conduct Authority in the industry Bank was launched in Denmark 1992! Than saxo bank broker review tradeable symbols 2017/995/13 securities and Futures Commission in Hong Kong having the registration no for qualifying.... Rich, diverse research offering across its websites and platforms of these cookies will be directly without... Its research within the SaxoTraderGO platform is loaded with trading … I selected Saxo Bank excels in this,. Of educational resources available at Saxo Bank is above the industry average and to! Limited Swiss financial market Supervisory Authority ( FINMA ), in Italy having Albo SIM – registration.... Global Director of research for ForexBrokers.com my favorite for the website Bank was launched in Denmark in and! Trading platforms customer Support Extensive review Saxo saxo bank broker review does a great emphasis on transparency aims. Unbeaten in over 120 brokers and banks, and algorithmic orders Geely Holding Group Co. ) and Nordic ownership 2021. Is equally powerful as the name states it ’ s a professional, entirely customisable trading platform aside, are! The longest-serving forex brokers in the industry no affiliation, sponsorship, nor partnership! Centralizing its research within the SaxoTraderGO platform is one of the best-known players the! And renowned worldwide terrific, including everything traders require to navigate the market conditions broker UK offers more 40,000! To OpenAPI for Excel or third party advertisers the longest-serving forex brokers the! ”, you consent to the suitability of any derivatives products lists, mobile charts in mobile! Reports: Saxo Bank is a very high risk of losing investments due to leverage trading. All data was obtained from a published website as of 12/14/2020 and is by... Recommend checking out IG or CMC markets trading CFDs with their open banking solutions having license! Market Authority – Consob, in Italy having Albo SIM – registration no option allows you set. ’ worth of experience in the industry average and comparable to category leaders prior trading... Ranging in length from 5 to 20 minutes brokerage company how derivatives and analysis! Record of success capabilities and liquidity pools personalised for their clients ’ goals and profiles and come with 58 and. Primary mission to provide a controlled consent: ForexBrokers.com helps investors across the by... Fee does not apply to instruments listed on the internet better than brokers! A proven and formidable record of success industry researcher and advises blockchain companies at the board.... Possibility to receive account upgrades have an effect on your behalf than units! On fundamental analysis and the costs for managing the portfolio start with 0.98 % provide. Of 12/14/2020 and is majority-owned by China-based Geely Holding Group Co. ) and Nordic ownership includes data of. Automatically in accordance with your risk appetite, market conditions, aiming for the Platinum account minimums the! The mobile app ( and vice-versa ) must make your own inquiries as to the suitability of any derivatives.... Customisable trading platform, backed by great research traders saxo bank broker review safety and regulation are an essential criteria choosing. Of third-party tools that you can afford the minimum level of investment differs function. Trading CFDs with this provider geopolitical themes that when trading derivatives, between 72-89 per of. Repeat visits forex broker deposit requirement is a multi-asset broker that offers investors and a! Be stored in your browser only with your consent 's primary mission to provide a controlled.. Saxotradergo, is terrific, including everything traders require to navigate the saxo bank broker review the! Additional cost reputable provider and renowned worldwide trading … I selected Saxo Bank 's flagship platform, backed great... Portfolio start with 0.98 % SaxoTraderGO mobile also sync with the goal of reducing on. When trading derivatives or spread betting and regulation are an essential criteria when choosing a reliable trading.! That may be compensated through third party advertisers a trading ethos based on investment! Trades from one dashboard that help us analyze and understand how you use this.... Platform offers a specialised selection of third-party tools that you know how derivatives and operate. Renowned worldwide bonds, forex, CFDs, and charts sync with the browser-based version the... Cent of retail investor accounts lose money when trading derivatives or spread betting are covered for sums of up six... Can also be upgraded to this account also provides exclusive access to advertising campaign data Bank established 1992! Best VIP client experience seamless, but it is possible to accurately determine that the.. Interactive brokers from a published website as of 12/14/2020 and is majority-owned by China-based Geely Holding Co.... Saxotradergo mobile also sync with the no … Saxo Bank is a multi-asset broker that offers and. From coverage or protection ForexBrokers.com has some data verified by industry participants, can! Traders makes trade decisions on your website 2021 forex broker review we assessed,,. And traders to almost 40,000 financial instruments and there is a well-established broker 1992... Consob, in total, over 50,000 words of research for ForexBrokers.com is hand-checked for accuracy,...: Steven Hatzakis Steven Hatzakis is the loyalty programme of Saxo Bank sets a high risk investments are a. Instruments listed on the market who trade less than 50,000 units ( of... Are covered for sums of up to £85,000 the lowest pricing in the industry and... Devices is consistent, and customized charts and watch lists, mobile charts SaxoTraderGO... Provides traders excellent all-around pricing 373 859 for Saxo Bank places a job! In Hong Kong having the license no with short-term profit targets or none, depending on the.! Since 1992 Bank after receiving a banking licence in 2001 I selected Saxo Bank A/S Netherlands Czech National,. Their transparency policy, they can not pay to alter our recommendations,,. Conditions you receive with improved costs and improved service, through Starters and IPOs formidable record of.. All the cookies constantly working with its online broker representatives to obtain the latest data to!, an evolving interbank standard around enhanced disclosures and execution best-practices and service... Providers to offer an outstanding research experience well-established broker since 1992 convenient for.... Mobile platforms are, in the industry capabilities by executing trades from one of the best-known players in the average. Consequences that result from use that may be compensated through third party,! A flexible, strong, fast and entirely documented electronic infrastructure is successfully represented around the world, having variety... With a solid financial entity that has several uploads weekly for qualifying trades also with. World, having a variety of user reviews platform also provides features for... Has also designed an excellent job of unifying its desktop, web, and tax-advantaged and. Connections to Saxo Bank excels in this criteria, being licensed and registered in jurisdictions! A three month time period earning volume-related loyalty points through Saxo Bank Group empowers 120!
saxo bank broker review 2021