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 reports 45% rise in net profit for H1 2017

Saxo Bank – a major global financial services provider and broker based in Copenhagen – announced a 45% increase in its H1 2017

Saxo Bank raises margin requirements over North Korea tensions

Saxo Bank – a major European financial services provider based in Copenhagen – announced it is temporarily raising the margin requirements on

Saxo Bank’s June forex volume continues to rise

The June forex trading volume of Saxo Bank – a leading Danish investment services provider, bank and retail forex broker with a

Saxo Bank’s May forex volume rises 13.8%, MoM

The May forex trading volume of Saxo Bank – a leading Danish investment services provider, bank and retail forex broker with a

Saxo Capital Markets inks agreement with Australia’s OpenMarkets

Saxo Capital Markets, the Australian unit of the Danish multiasset brokerage Saxo Bank, has signed an agreement with local online stockbroker OpenMarkets,

Saxo Bank’s April forex volume down 25% MoM

The April forex trading volume of Saxo Bank, a leading Danish investment services provider, bank and retail forex broker, stood at $206.5

Saxo Bank reports record client collateral deposits of DKK 100 bln

Denmark’s financial services company and forex broker Saxo Bank bragged with reaching a “record high” client collateral deposits exceeding DKK 100 billion

XM, FxPro, Saxo Bank, many other forex brokers change trading conditions ahead of second round of French elections

Much like many major and smaller forex brokers, who took precautions against high market volatility around the first round of the presidential

Saxo Bank’s Lars Seier Christensen sells share to Chinese carmaker Geely

Lars Seier Christensen, co-founder and stakeholder in Denmark’s financial services company and forex broker Saxo Bank has sold his 25.71% stake to

Saxo Bank adds non-trading account for partners

Saxo Bank, a leading Danish investment services provider, bank and retail forex broker, and its institutional division Saxo Markets, announced it has