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 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

Saxo Bank gets cleared for CHF crisis handling by third Danish authority

A third Danish authority body, the Danish Complaint Board of Banking Services, has cleared Saxo Bank, a Danish bank specialized in providing

Saxo Bank UK says would be unaffected by possible FCA changes in leverage trading rules

Saxo Bank, a Danish bank specialized in providing online trading services, said on Tuesday the business model of its UK unit is

Saxo Bank selling Uruguayan unit to long-term partner DIF Broker

Saxo Bank, a Danish bank specialized in providing online trading services, said on Thursday it has agreed to sell Saxo Capital Markets

Saxo Bank’s trading volume reaches 24-month high in Nov 2016

Saxo Bank, a Danish bank specialized in providing online trading services, reported on Wednesday a trading volume of $344 billion in November