- What is Saxo Bank?
- Saxo Bank Pros and Cons
- Regulation and Security Measures
- Account Types and Benefits
- Cost Structure and Fees
- Trading Platforms and Tools
- Trading Instruments
- Deposit and Withdrawal Options
- Customer Support and Responsiveness
- Research and Education
- Portfolio and Investment Opportunities
- Account Opening
- Additional Tools And Features
- Saxo Bank Compared to Other Brokers
- Full Review of Broker Saxo Bank
Overall Rating 4.6
Regulation and Security | 4.7 / 5 |
Account Types and Benefits | 4.6 / 5 |
Cost Structure and Fees | 4.5 / 5 |
Trading Platforms and Tools | 4.4 / 5 |
Trading Instruments | 4.8 / 5 |
Deposit and Withdrawal Options | 4.2 / 5 |
Customer Support and Responsiveness | 4.5 / 5 |
Research and Education | 4.6 / 5 |
Portfolio and Investment Opportunities | 4.5 / 5 |
Account Opening | 4.5 / 5 |
Additional Tools and Features | 4.4 / 5 |
What is Saxo Bank?
Saxo is a CFD and Forex trading company. It is one of the largest and most respected European Banks offering banking services and over 71,000 financial products for trading to its clients, including 22,000+ stocks, 190+ FX spot pairs, CFDs on 9,000+ instruments, and more.
The Saxo Group is a multi-asset trading and investment organization with over 30 years of Fintech innovation, a fully licensed regulated European bank under the supervision of Danish FSA. The headquarters is located in Copenhagen and the organization operates in financial centers worldwide including London, Paris, Zurich, Dubai, Singapore, Shanghai, Sydney, Hong Kong, and Tokyo.
- Saxo Group spans the globe with a strong unified network through both local sales and organizations serving clients in more than 180 countries.
- Firstly Bank was introduced as Midas, and then officially became Saxo Bank A/S when the European Union Directive was accepted (back in 1996). As well Saxo Bank became the first broker in Denmark that gained approval under this directive.

Saxo Bank Pros and Cons
Saxo Bank is considered a very reliable and solid firm due to its regulations, banking license in Europe, and extra transparency. Trading conditions are good, and the range of instruments is very wide including Options, Futures, Bonds, Forex, and CFD instruments, provided via well-developed trading software and platforms. The costs and spreads are good and low, and account opening is smoothly supported by quality customer service.
For the Cons, the minimum deposit amount for certain accounts might be higher, and not suitable for beginning traders, also deposit fees might be applicable based on your bank.
Advantages | Disadvantages |
---|
Fully licensed European company with a strong establishment | More suitable for professionals |
Well-developed trading software and platforms | No 24/7 customer support |
Competitive trading costs and spreads | |
Wide range of financial products | |
Worldwide coverage through various entities | |
Wealth management opportunity | |
Diverse trading tools | |
Quality education and customer support | |
Saxo Bank Features
Saxo Bank is a leading online investment and trading platform, offering access to a wide range of financial instruments and robust trading platforms that provide advanced tools for both beginner and professional traders. Its key features are summarized in 10 points, covering aspects such as trading education, account types, available trading platforms, and more.
Saxo Bank Features in 10 Points
🏢 Regulation | DFSA, FCA, ASIC, MAS, CBUAE, JFSA, MAS, SFC |
🗺️ Account Types | Classic, Platinum, VIP Accounts |
🖥 Trading Platforms | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor |
📉 Trading Instruments | Forex, CFDs, Crypto FX, Options, Futures, Forex Options, Commodities, Stocks, ETFs, Bonds, Mutual Funds, Crypto ETPs, etc. |
💳 Minimum Deposit | $0 |
💰 Average EUR/USD Spread | 0.9 pips |
🎮 Demo Account | Available |
💰 Account Base Currencies | EUR, USD, GBP |
📚 Trading Education | Trading Courses, Webinars, Video Tutorials, Podcasts |
☎ Customer Support | 24/5 |
Who is Saxo Bank For?
Saxo Bank is designed for a wide range of investors and traders seeking advanced trading tools and global market access. With its diverse selection of financial instruments, competitive pricing, and customizable platforms, Saxo Bank caters to individual investors, active traders, and even institutional clients. Based on our findings and financial expert opinions, Saxo Bank is well-suited for:
- Advanced traders
- Professional trading
- Investing
- Traders from Europe and the UK
- Australian traders
- Broker Bank
- Currency and CFD trading
- STP/OTC execution
- Low spread trading
- Competitive trading fees
- White label solutions
- Global coverage
- Supportive customer support
- Good educational materials
Saxo Bank Summary
For final thoughts, Saxo Bank is a reliable and regarded broker. Entering the market in 1992, Saxo was a fintech company and has proceeded to become one of the most trusted names in online trading and investing. As a licensed and regulated Danish bank, the Saxo Bank Group brings a trusted offering to trade any cycle in the economy, while covering risks by hedges.
If you are a retail trader, Saxo will be a solution that provides the same access and features as an institution or organization. So, overall Saxo Bank is a good choice for traders of bigger size.
55Brokers Professional Insights
Saxo Bank stands out in the brokerage industry for its comprehensive range of financial instruments, being a solid Broker and a Bank with excellent reputation and great trading environment suitable for traders of large size and regular traders alike. Also, accessible to many traders worldwide due to multiple presence and regulations. The trading offering access to one of widest range of global markets in industry, these including stocks, Forex, commodities, ETFs, options, and bonds. There are also advanced, developed by the Broker trading platforms, SaxoTraderGO and SaxoTraderPRO, that are highly regarded for their intuitive design, customizable features, and professional-grade tools.
Saxo Bank also distinguishes itself with competitive pricing structures, offering tight spreads and transparent fees, alongside tiered account options to meet diverse client needs. The broker provides extensive educational resources, in-depth market analysis, and access to expert insights, empowering clients to make informed trading decisions. Overall, we couldn’t name almost none of disadvantages, the maximum con is that software is based on Broker own software so if you look for popular trading platforms then only Saxo might not suit you, the rest of trading demands are very well covered at Saxo.
Consider Trading with Saxo Bank If:
Saxo Bank is an excellent Broker for: | - Looking for Reputable Firm.
- Need a well-regulated broker.
- Providing competitive fees and spreads.
- Offering a wide range of trading products.
- Need a broker with good education and research tools.
- Access to robust proprietary trading platforms.
- Offering services worldwide.
- Professional traders and institutions.
- Providing both leveraged and investment products.
- Integration with TradingView platform.
- Good education and research materials.
|
Avoid Trading with Saxo Bank If:
Saxo Bank might not be the best for: | - Looking for industry-known trading platforms.
- Who prefer 24/7 customer service.
- Beginner traders.
- Providing traditional Copy Trading.
|
Regulation and Security Measures
Score – 4.7/5
Saxo Bank Regulatory Overview
Saxo Bank is a highly regulated financial institution, operating under the supervision of multiple reputable regulatory authorities worldwide, ensuring a secure and transparent trading environment for its clients. The broker is licensed by the Danish Financial Supervisory Authority (DFSA) in its home country, Denmark.
It is also regulated by prominent bodies such as the FCA in the UK, the Australian ASIC, and the Monetary Authority of Singapore (MAS). Additionally, Saxo Bank holds licenses from the Central Bank of the UAE, the Japanese FSA, and the SFC in Hong Kong.
This extensive regulatory oversight across multiple jurisdictions highlights Saxo Bank’s commitment to maintaining the highest standards of compliance, transparency, and client protection in the global financial markets.
How Safe is Trading with Saxo Bank?
Saxo Bank is a trusted broker, as it is incorporated in Denmark business and is a fully licensed European bank (license no. 1149). Therefore, Saxo Bank operations are conducted as an EU-regulated bank and investment firm that falls under the jurisdiction and has all necessary legal requirements, protocols, and policies to ensure full compliance and customer protection.
Saxo Bank A/S is subject to stringent financial reporting requirements under EU directives and specific regulations regarding client handling. It is a respected member of the Danish Guarantee Fund for Depositors and Investors which guarantees clients’ deposits of up to EUR 100,000 for cash in the event of insolvency.
Consistency and Clarity
Saxo Bank has built a solid reputation in the financial industry as a trusted and innovative broker, backed by strong regulatory oversight and a long-standing presence since its establishment in 1992. The broker consistently receives high ratings from both professional reviewers and traders, praised for its comprehensive range of trading instruments, and advanced platforms like SaxoTraderGO and SaxoTraderPRO.
However, some users highlight drawbacks such as higher minimum deposits and premium pricing structures, making it more suitable for experienced traders and high-net-worth individuals. Saxo Bank’s credibility is further reinforced by numerous industry awards, including accolades for its trading technology and platform design. The broker is also active in social and community initiatives, including sponsorships and sustainable finance projects, which enhance its image as a responsible institution.

Account Types and Benefits
Score – 4.6/5
Which Account Types Are Available with Saxo Bank?
Saxo Bank offers a variety of account types tailored to meet the needs of different traders, from beginners to professionals. The main account options include the Classic Account, which provides access to competitive spreads and essential trading tools, making it ideal for new and casual traders.
For more active traders, the Platinum Account offers lower commissions, tighter spreads, and priority customer support. At the top tier, the VIP Account is designed for high-net-worth individuals and professional traders, offering exclusive benefits such as personal relationship managers, customized pricing, and invites to exclusive events.
Additionally, Saxo Bank provides specialized Corporate and Professional accounts for businesses and large-scale investors. Also, the new traders can benefit from Saxo Bank’s offer to try out market strategies and familiarise themselves with Demo Account before the real trade practice.
Classic Account
The Classic Account at Saxo Bank is designed for individual traders who are looking to enter the world of online trading with access to a wide range of financial instruments. This account type offers competitive spreads, access to Saxo Bank’s trading platforms SaxoTraderGO and SaxoTraderPRO, and comprehensive research tools to support informed trading decisions.
While it provides all the essential features needed for efficient trading, it comes with standard commission rates and regular customer support. The Classic Account has no minimum deposit requirement, making it accessible for traders of all levels while still ensuring access to a secure and regulated environment backed by a reputable financial institution.
Platinum Account
The Platinum Account is tailored for more active traders seeking better pricing and enhanced support. This account type offers up to 30% lower commissions compared to the Classic Account and provides tighter spreads, making it a cost-effective choice for frequent traders.
Platinum account holders benefit from priority customer support, giving them quicker access to assistance when needed. In addition to the standard features of Saxo Bank’s trading platforms and research tools, Platinum clients may also have access to exclusive market insights and tailored educational resources.
The Platinum Account requires a deposit of $200,000 or a certain trading volume, reflecting the premium services and pricing advantages associated with this account.
VIP Account
The VIP Account is Saxo Bank’s most exclusive offering, designed for high-net-worth individuals and professional traders who demand the best in terms of service, pricing, and personalized support. VIP clients enjoy customized pricing with the tightest spreads and lowest commissions available, alongside a dedicated relationship manager who provides tailored advice and trading support.
Additionally, VIP account holders gain access to exclusive events, premium research reports, and priority execution on trades. The VIP Account requires a minimum deposit of $1,000,000 or a certain trading volume, offering a truly bespoke trading experience.
It caters to those who require advanced trading tools, personalized service, and comprehensive market access, making it the ideal choice for elite traders seeking exceptional value and service.

Regions Where Saxo Bank is Restricted
Saxo Bank operates globally but has restrictions in certain regions due to regulatory and legal constraints. The bank does not provide services to residents of countries where local regulations prohibit or limit foreign financial services, including:

Cost Structure and Fees
Score – 4.5/5
Saxo Bank Brokerage Fees
Saxo Bank offers a transparent and competitive fee structure tailored to different account types and trading volumes. The brokerage charges include commissions, spreads, and overnight financing fees.
For Classic Account holders, standard commission rates apply, while Platinum and VIP clients benefit from discounted fees and tighter spreads, with VIP clients enjoying the lowest rates. Trading stocks and ETFs incur a commission per trade, while Forex and CFD trading primarily involve variable spreads.
Saxo Bank offers a tiered spread structure based on account types, providing traders with competitive and transparent pricing. For EUR/USD trading, Classic Account holders experience an average spread of 0.9 pips, while Platinum Account clients benefit from a reduced spread of 0.8 pips.
The most favorable rates are available to VIP Account holders, with spreads as low as 0.7 pips. This structure is designed to provide cost-effective trading for both retail and professional traders, ensuring transparent and efficient pricing across all markets.
Saxo Bank charges commissions based on the asset class and account type, offering a transparent fee structure tailored to different trading needs. For stock and ETF trading, commissions start at $3 per trade for Classic Account holders, with reduced rates for Platinum and VIP clients.
In Forex trading, commissions are often incorporated into the spreads, but high-volume traders may benefit from additional commission discounts. CFD trading involves a combination of tight spreads and low commissions, depending on the instrument and trading volume. Saxo Bank’s commission model is designed to be cost-effective, especially for active traders seeking competitive pricing and premium services.
- Saxo Bank Rollover / Swaps
Saxo Bank applies rollover or swap fees to positions held overnight in Forex and CFD trading. These fees are based on the interest rate differential between the two currencies in a Forex pair or the underlying asset’s financing cost in CFDs.
The rollover rates can be positive or negative, depending on the direction of the trade and market conditions. Saxo Bank provides transparent access to these rates directly within its trading platforms, allowing traders to view the exact swap charges before executing a trade.
How Competitive Are Saxo Bank Fees?
Saxo Bank’s fees are considered highly competitive within the online trading industry, particularly when compared to other premium brokers offering a similar range of services and tools. While the broker caters to professional and high-volume traders with discounted rates and tight spreads, even retail traders benefit from transparent pricing.
Saxo Bank’s fee structure reflects its focus on providing value through quality, offering access to extensive market research, innovative trading tools, and a wide selection of financial instruments. Although fees may be higher than some discount brokers, the comprehensive services and robust security measures justify the cost, especially for those seeking a premium trading experience.
Asset/ Pair | Saxo Bank Spread | Swissquote Spread | ICM Capital Spread |
---|
EUR USD Spread | 0.9 pips | 1.7 pips | 1.3 pips |
Crude Oil WTI Spread | 5 | 5 | 4 |
Gold Spread | 18 USD Cents | 28.6 | $0.35 |
BTC USD Spread | 308 USD | 101 | 20 Cents |
Saxo Bank Additional Fees
In addition to trading commissions and spreads, Saxo Bank charges several additional fees that traders should be aware of. These include custody fees for holding certain assets like stocks and ETFs. Currency conversion fees may apply when trading instruments in a currency different from the account’s base currency.
Additionally, swaps are charged for leveraged positions held overnight. While Saxo Bank’s fee structure is transparent, these non-trading fees can add up, making it important for traders to review the broker’s full fee schedule to manage costs effectively.

Trading Platforms and Tools
Score – 4.4/5
Saxo Bank offers a suite of advanced trading platforms designed to cater to traders of all experience levels. SaxoTraderGO, the broker’s flagship platform, provides an intuitive and user-friendly interface with powerful charting tools, technical analysis features, and access to a wide range of financial instruments.
For professional and institutional clients, SaxoTraderPRO delivers a more sophisticated experience with advanced order types, customizable workspaces, and algorithmic trading capabilities.
Additionally, SaxoInvestor, the mobile app, is tailored for long-term investors looking for a simple, streamlined way to manage their portfolios on the go. Together, these platforms offer comprehensive trading tools that combine flexibility, robust analytics, and seamless execution.
Trading Platform Comparison to Other Brokers:
Platforms | Saxo Bank Platforms | Swissquote Platforms | ICM Capital Platforms |
---|
MT4 | No | Yes | Yes |
MT5 | No | Yes | Yes |
cTrader | No | No | Yes |
Own Platforms | Yes | Yes | No |
Mobile Apps | Yes | Yes | Yes |
Saxo Bank Web Platform
SaxoTraderGO is an innovative, web‐based trading platform that puts powerful market tools directly at your fingertips. With its live, integrated charts, users can trade directly while leveraging over 40 technical indicators and a suite of drawing tools to pinpoint trends and potential market moves.
The platform goes further by offering automated Trade Signals and advanced annotation tools, enabling traders to identify patterns across hundreds of instruments with ease.
Additionally, SaxoTraderGO’s comprehensive equity research capabilities allow you to analyze company fundamentals and review analyst sentiment indicators for stocks listed on all major exchanges, making it a complete, research-driven solution for both novice and experienced traders.
Saxo Bank Desktop MetaTrader 4 Platform
While many brokers support the popular MetaTrader 4 platform, Saxo Bank does not offer MT4 on its desktop or mobile setups. Instead, Saxo Bank has developed its proprietary trading platforms, that are tailored to meet the diverse needs of both retail and professional traders.
For traders accustomed to MT4’s interface and features, this means adapting to a unique, custom-designed environment that is optimized for performance and reliability rather than the familiar MT4 framework.
Saxo Bank Desktop MetaTrader 5 Platform
Saxo Bank does not offer MT5 on its desktop or mobile platforms. While MT5 is a popular choice among some traders, Saxo Bank’s proprietary platforms are tailored for a seamless, high-performance trading experience across multiple asset classes.
SaxoTraderPRO Platform
SaxoTraderPRO is the professional’s choice of a downloadable, fully customized, professional-grade platform for advanced traders. SaxoTraderPRO brings an intuitive, multi-screen platform to Windows and Mac, and also can still have access to mobile and tablet apps.
The platform features configurable workstations and workflows, tailored trade settings, as well a series of advanced functions: enhanced trade ticket, depth trader, time and sales, algorithmic orders, charting package, and option chain for vanilla and touch options.
Main Insights from Testing
Testing SaxoTraderPRO reveals it as a powerful, advanced trading platform designed for professional traders. With its intuitive interface, it offers robust charting tools, fast execution speeds, and extensive market coverage across multiple asset classes.
Traders can customize layouts, access real-time data, and utilize advanced risk management features. Overall, SaxoTraderPRO delivers a seamless and efficient trading experience, particularly for those looking for sophisticated tools and deeper market insights.
Saxo Bank MobileTrader App
The Saxo Bank mobile apps are versatile mobile trading platforms available on both iOS and Android devices, providing traders with access to real-time market data, advanced charting tools, and the ability to execute trades on the go.
Additionally, SaxoInvestor is another mobile app offered by Saxo Bank, designed for long-term investors. SaxoInvestor focuses on a user-friendly experience with portfolio management tools, real-time market insights, and access to investment opportunities, making it ideal for those looking to manage their investments on mobile devices.

Trading Instruments
Score – 4.8/5
What Can You Trade on Saxo Bank’s Platform?
Saxo Bank’s platform offers an extensive range of over 71,000 financial products, providing traders with a diverse selection of instruments across multiple asset classes. These include more than 22,000 stocks, 190+ FX spot pairs, and CFDs on over 9,000 instruments.
Traders can access a wide array of markets, including Forex, Crypto FX, options, futures, Forex options, commodities, ETFs, bonds, mutual funds, and crypto ETPs. With such a broad selection of products, Saxo Bank enables traders and investors to explore various strategies and opportunities, whether they are looking to trade traditional markets or venture into the growing digital asset space.
Main Insights from Exploring Saxo Bank’s Tradable Assets
Exploring Saxo Bank’s tradable assets reveals a platform that provides comprehensive market coverage, catering to a wide range of trading and investment strategies. The bank offers access to a variety of asset classes, ensuring flexibility for both short-term traders and long-term investors.
With a focus on providing deep liquidity and competitive pricing, Saxo Bank’s platform allows users to execute trades efficiently across global markets. The extensive tools and research features available further enhance the trading experience, giving users the insights needed to make informed decisions across both traditional and alternative investments.

Leverage Options at Saxo Bank
Together with investment opportunities, some instruments allow leverage trading, while the maximum allowed multiplier is determined by the regulators in each geographic region, as well as according to the set levels defined by the trader himself.
Saxo Bank Leverage does not support high-risk trade strategies for the traders’ good. High leverage indeed increases the risks, thus levels are set to reasonable levels.
- European and UK clients may use 1:30 leverage on Forex instruments.
- Dubai and UAE traders are entitled to a maximum of 1:30.
- Australian clients under ASIC regulation may also apply to leverage up to 1:30.
Deposit and Withdrawal Options
Score – 4.2/5
Deposit Options at Saxo Bank
In terms of funding methods, Saxo Bank offers two payment methods:
- Bank Wire Transfer
- Credit/Debit Deposits
Saxo Bank Minimum Deposit
Saxo Bank offers different minimum deposit requirements based on the type of account. For the Classic account, there is no minimum deposit requirement, making it accessible for traders just starting.
However, higher account types will require more money at the start, $200,000 for Platinum and $1M for a VIP account, which concludes Saxo Bank as a true broker more suitable for professionals and bigger-size traders.
Withdrawal Options at Saxo Bank
Saxo bank withdrawal options are well organized, by far most used Bank Wire is available, as well as Card payments. For the transaction of withdrawals, there are no fees charged for any withdrawals submitted via the Online Cash Withdrawal Module.

Customer Support and Responsiveness
Score – 4.5/5
Testing Saxo Bank’s Customer Support
Being also a reputable European Bank there is well-established support in more than 180 countries from offices in major financial hubs. Customer service is available through Europe, Asia/Pacific, and Middle East regions also in various languages, so customers are well covered with necessary service.
Saxo Bank provides 24/5 customer support to its clients. Phone lines and Email are also available here.
Contacts Saxo Bank
For those looking to get in touch with Saxo Bank, the broker provides several contact options across different regions. In Denmark, you can reach them at +45 3977 4000 or via email at solutions-copenhagen@saxobank.com. In Singapore, the contact number is +65 6303 7610, and the email is solutions-sg@saxomarkets.com.
For inquiries from the UK, you can call +44 207 151 2100 or email solutions-uk@saxomarkets.com. These contact details ensure that customers from different locations can easily get support and assistance for their trading needs.

Research and Education
Score – 4.6/5
Research Tools Saxo Bank
Saxo Bank provides a wide range of research tools on both its website and trading platforms to help traders make informed decisions.
- On the website, users have access to detailed market news, expert insights, and economic calendars.
- On the platforms, SaxoTraderGO offers tools such as Trade Signals, which help identify market trends and potential trading opportunities based on technical analysis.
- Additionally, Saxo Bank supports FIX API for custom trading solutions and advanced order execution.
- For more professional traders, third-party tools like MultiCharts and OpenAPI for Excel are available, allowing for advanced charting, automated trading, and custom analyses.
These research tools, combined with real-time data and market analysis, ensure that Saxo Bank’s traders can optimize their strategies across a variety of asset classes.
Education
Saxo Bank offers a comprehensive range of educational resources to help traders enhance their skills and knowledge. Traders can access a variety of trading courses covering topics from the basics of financial markets to more advanced trading strategies.
In addition to the courses, Saxo Bank provides regular webinars hosted by experts, offering insights into market trends, strategies, and platform features. Video tutorials are also available, allowing users to learn at their own pace and get familiar with the platform’s tools and functionalities.
For those on the go, Saxo Bank offers podcasts, featuring market analysis and trading tips, making it easier to stay informed and improve trading strategies. These educational resources cater to traders of all levels, ensuring they are well-equipped to navigate the markets with confidence.

Portfolio and Investment Opportunities
Score – 4.5/5
Investment Options Saxo Bank
Besides being a leading Forex broker, Saxo Bank also offers a wide range of investment products for investors. These include stocks, ETFs, bonds, mutual funds, and Crypto ETPs giving clients the flexibility to diversify their portfolios.
Saxo Bank provides access to global financial markets, allowing users to invest in various asset classes with competitive pricing and advanced trading tools. Whether you are looking to invest in traditional assets or explore newer opportunities, Saxo Bank’s platform caters to a broad spectrum of investment preferences.
Account Opening
Score – 4.5/5
How to Open Saxo Bank Demo Account?
If you are looking to try out Saxo Bank’s trading platform before committing real funds, opening a demo account is a great option. A demo account allows you to explore the platform’s features, test trading strategies, and gain hands-on experience with virtual funds in a risk-free environment.
Here is a quick guide on how to open a Saxo Bank demo account:
- Visit the Saxo Bank website.
- Navigate to the “Open a Demo Account” section.
- Fill out the registration form with your basic details (name, email address, and phone number).
- Submit the form and wait for your login credentials.
- Access your demo account with virtual funds and start exploring the platform.
- Use the demo account to practice trading and familiarize yourself with Saxo Bank’s tools and features.
How to Open Saxo Bank Live Account?
Opening a live account with Saxo Bank is a simple and secure process. First, visit the Saxo Bank website and click on the “Open Account” section. You will need to provide personal information, including your name, address, and contact details, along with financial information to help the bank assess your trading experience and suitability.
You will also be asked to choose the type of account you wish to open, such as a Classic, Platinum, or VIP account. After submitting the required documents and completing the verification process, you will receive your account details.
Once approved, you can deposit funds into your account and start trading across various financial markets using Saxo Bank’s trading platforms.
Additional Tools and Features
Score – 4.4/5
Saxo Bank offers additional tools and features designed to enhance the trading experience.
- One of the key integrations is with TradingView, allowing users to access advanced charting tools and real-time market data directly on the Saxo Bank platform. This integration provides a seamless experience for traders who rely on high-quality technical analysis.
- Additionally, Saxo Bank also integrates with Autochartist, an automated tool that scans the markets for chart patterns and trading opportunities. These integrations, along with the platform’s robust set of research and analysis tools, help traders identify trends and make more informed decisions across a variety of asset classes.

Saxo Bank Compared to Other Brokers
Saxo Bank stands out among its competitors by offering a broad range of assets, with over 71,000 instruments available for trading, making it a strong choice for traders seeking diverse market opportunities. Its fee structure is relatively competitive, with options for both spread-based and commission-based accounts.
While other brokers may offer more niche features, Saxo Bank excels in its comprehensive trading platforms, such as SaxoTraderGO and SaxoTraderPRO, which provide advanced charting and research tools. Additionally, the bank offers integration with third-party tools like TradingView and Autochartist, enhancing the trading experience.
In terms of regulation, Saxo Bank holds licenses from several prominent authorities, giving it a strong reputation for security and compliance. Compared to competitors, Saxo Bank also stands out with its educational resources and customer support, ensuring that traders have the guidance they need to succeed.
However, its minimum deposit requirement for certain account types may be higher than for some brokers, which could be a consideration for those just starting. Overall, Saxo Bank provides a well-rounded offering with top-tier tools, a diverse asset selection, and strong regulatory oversight.
Parameter |
Saxo Bank |
Spreadex |
ICM Capital |
Dukascopy |
Swissquote |
CMC Markets |
ActivTrades |
Spread Based Account |
Average 0.9 pips |
Average 0.6 pips |
Average 1.3 pips |
Average 0.28 pips |
Average 1.7 pips |
Average 0.5 pips |
Average 0.5 pips |
Commission Based Account |
For Stock and ETF (commission of $3 per trade) |
For Stock CFDs Only (Commission of 0.15%, Maximum of 3.5 points) |
0.0 pips + $7 |
$5 per $1 million traded in MT4/MT5 Accounts |
0.0 pips + €2.50 |
0.0 pips + $2.50 |
For Share CFDs Only (0.02 USD per share and a minimum of $1 per trade) |
Fees Ranking |
Average |
Low/ Average |
Low/ Average |
Low/ Average |
Average |
Low/ Average |
Low/ Average |
Trading Platforms |
SaxoTraderGO, SaxoTraderPRO, SaxoInvestor |
Spreadex Web Platform, TradingView |
MT4, MT5, cTrader |
JForex, MT4, MT5, Binary Trader |
MT4, MT5, Swiss DOTS, TradingView |
CMC Markets Next Generation Web Platform, MT4 |
ActivTrader, MT4, MT5, TradingView |
Asset Variety |
71,000+ instruments |
10,000+ instruments |
1,000+ instruments |
1200+ instruments |
400+ Forex and CFDs instruments |
12,000+ instruments |
1,000+ instruments |
Regulation |
DFSA, FCA, ASIC, MAS, CBUAE, JFSA, MAS, SFC |
FCA |
FCA, FSCA, FSC, FSA, ARIF, SCAB, QFC |
FINMA, FCMC, JFSA |
FINMA, FCA, CySEC, MFSA, DFSA, SFC |
FCA, ASIC, BaFin, IIROC, FMA, MAS |
FCA, CMVM, FSC, SCB |
Customer Support |
24/5 |
24/5 |
24/5 |
24/7 |
24/5 |
24/5 |
24/5 |
Educational Resources |
Excellent |
Good |
Good |
Good |
Excellent |
Good |
Good |
Minimum Deposit |
$0 |
$0 |
$200 |
$100 |
$1,000 |
$0 |
$0 |
Full Review of Broker Saxo Bank
Saxo Bank is a highly reputable broker known for its extensive range of trading instruments and advanced trading platforms, including SaxoTraderGO, SaxoTraderPRO, and SaxoInvestor. It offers access to over 71,000 financial products, including stocks, ETFs, Forex, commodities, and more.
The broker’s competitive pricing includes both spread-based and commission-based account options, catering to different types of traders. With robust research tools, including integration with TradingView and Autochartist, Saxo Bank provides traders with the resources to make informed decisions.
The platform is well-regulated, with licenses from multiple financial authorities, ensuring a secure and compliant trading environment. Additionally, Saxo Bank offers excellent educational resources and customer support to assist traders at all levels.
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1. Saxodeal-10/2021
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Is this a bank you have telephone numbers in Dubai
Is this a bank
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