Saxo Bank Review: Forex, CFD, Stock, Futures and Bond trading online

saxo-bank-250Saxo Bank holds a banking license from Denmark’s Financial Supervisory Authority (FSA) and acts as a brokerage firm and a market maker, offering trading in more than 30 000 instruments, including currency pairs, binary options, contracts for difference (CFDs), stocks, futures, and bonds through its proprietary online trading platform. It serves both retail and institutional clients.

The group operates 25 offices and has subsidiary companies across Europe, Asia and the Middle East, Australia, South America, and South Africa.

Regulation: FSA (Denmark), FCA (UK), ASIC (Australia), MAS (Singapore), DFSA (Dubai), FSB (South Africa), SFC (Hong Kong), CMBT (Turkey)
Online since: 1992
Trading model: Market Maker (MM)
Trading platforms: SaxoTrader, available as a web version (SaxoWebTrader) and mobile applications (SaxoTraderGo)
Min. Deposit: $10,000
Min. Trade size: 0.05
Max. Leverage: 1:100
Bonus: No

Cost of trading:

Spread from 0.2 pips on EUR/USD + commission

Saxo Bank’s trading volume grows in Mar 2017 as all segments perform better

Saxo Bank, a Danish bank specialized in providing online trading services, reported on Wednesday a trading volume of $376.7 billion in March

Saxo Bank turns to net profit in 2016

Saxo Bank, a Danish bank specialized in providing online trading services, reported on Friday it turned to a consolidated net profit of

Saxo Bank’s Feb 2017 trading volume stays strong despite double-digit monthly drop

Saxo Bank, a Danish bank specialized in providing online trading services, generated a trading volume of $316.1 billion in February 2017, according

Saxo Bank closing Cyprus arm to cut costs

Saxo Bank, a Danish bank specialized in providing online trading services, has decided to close down its Cyprus-based branch, online finance media

Saxo Bank’s SaxoTraderGO platform becomes available to clients of India’s ICICI Securities

Saxo Bank, a Danish bank specialized in providing online trading services, said on Tuesday it has partnered with India’s ICICI Securities, a

Saxo Bank adds Nordic Power futures via Nasdaq Commodities on SaxoTraderGO trading app

Saxo Bank, a Danish bank specialized in providing online trading services, said on Monday it has collaborated with Nasdaq Commodities, which will

Saxo Bank’s trading volume outgrows that of FXCM in Dec 2016

Danish forex bank Saxo Bank outperformed US retail giant Forex Capital Markets (FXCM) in terms of trading volume in December 2016, according

Saxo Bank cuts staff to cut costs

Saxo Bank, a Danish bank specialized in providing online trading services, is laying off 50 employees, or some 3% of its global

Saxo Bank’s 2016 trading volume jumps 17.4% in 2016

Saxo Bank, a Danish bank specialized in providing online trading services, said on Tuesday its trading volume jumped 17.4% to nearly $3.2

Saxo Bank fully integrates Autochartist app to SaxoTraderGO mobile trading platform

Saxo Bank, a Danish bank specialized in providing online trading services, said on Monday it has integrated Autichartist’s tools to its SaxoTraderGO