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

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