Saxo Bank — Forex Broker Rating, Reviews 2023

Saxo Bankhttp://www.saxobank.com/
Status
Regulation FSA
Software SaxoTrader, SaxoWebTrader, SaxoMobileTrader, TradeMaker
Address Philip Heymans Alle 15, DK-2900 Hellerup

Saxo Bank is a leading specialist in online Forex trading and investment, offering access to global markets and providing a powerful suite of products and online trading platforms to clients in over 160 countries and high-profile institutional partners.  In addition to FX, we offer 11,500 Stocks, 7,000 CFDs on shares, indices and commodities, ETFs and ETCs, Bonds and Futures. Founded in 1992, saxo bank forex is a fully licensed European bank, regulated by the Danish Financial Supervisory Authority and a member of the Guarantee Fund for Depositors and Investors supervised by the Danish Ministry of Economics and Business Affairs.

Saxo Bank’s Forex Offering

  • For nearly two decades, online Forex trading has been the core of saxo bank broker .  We are now a proud market leader, with one of the most complete Forex offerings on the market.
  • 160+ FX crosses, including spot Gold and Silver
  • 40+ Forex Options
  • Forex Forward Outrights
  • Up to 200 times margin available
  • Deep liquidity aggregated from Tier 1 banks
  • Spreads as low as 2 pips and low commissions
  • TradeMaker, the FX trading tool featuring Sostratos FX Daily & Intraday ideas
  • minimum deposit is $2000
  • spreads range from 2 to 3 pips
  • futures trading, virtual trading and gold trading
  • low fees and commissions

Award-winning Trading Platforms
Saxo bank forex broker offers three powerful trading platforms to meet all of your Forex trading needs:

  • SaxoTrader is a saxo bank trading platform the downloadable desktop platform, winner of multiple industry awards
  • SaxoWebTrader, the flexible web-based trading platform or online trading platform ideal for all investors
  • SaxoMobileTrader, is a mobiletrader for on-the-go FX trading from any internet-enabled mobile phone

Our platforms feature customizable workspaces, real-time news, live tradable Forex prices, advanced charting and a variety of order types, including Stops and Trailing Stops.

Saxo Bank Forex Accounts
A Saxo Bank Account, with minimum $10,000 deposit, lets you trade Forex, FX Options, Forwards, Gold and Silver, plus Stocks, CFDs, ETFs and Futures from a single account.  Funding is available via bank transfer, Debit Card, Visa or Mastercard.

Advantages of Trading Forex with Saxo Bank

  • Unrivalled 160+ currency pairs, plus FX Options, Gold & Silver, FX Forwards
  • Industry-leading platforms for desktop, web and mobile phone
  • Superior client service in multiple languages
  • TradeMentor, our free FX trading educational program
  • Practice Forex trading with a free 20 day Saxo Bank demo account, including live prices, real-time charting, streaming Dow Jones news
  • Demo trading account
  • It is easy to open trading account

For more information about trading Forex at Saxo Bank, please visit our website www.saxobank.com or the financial and trading news and analysis website: www.tradingfloor.com also our video content in video.saxobank.com. There you can learn how to use saxo bank and how safe is saxo bank .

On the company’s profile page at our website you can read saxo bank reviews by other traders as well as write your personal saxo bank review of your personal experience with the broker. To add a review in this rating you need to login to the site.

Saxo Bank Trading Terms and Conditions

WWW http://www.saxobank.com/
Address Philip Heymans Allé 15, DK-2900 Hellerup, Denmark
Headquarters Hellerup
Free phone 810 (45) 3977 6531
24 hour support
Partnership programs
Trust management
Interest charges on the balance
Mobile trading
Automated trading
Demo account
24 hour trading
Scalping
Hedging
Digits after the dot in quotes 4
Minimum position size 0.05
Spread Type fixed
Pip spread on majors 2-3
Leverage 200
ECN, $ 1000
Standard account, $ 10000
Mini account, $ 2000
Other payment methods
Popular payment methods Wire Transfer
Account currencies EUR, USD, GBP, JPY
Other instruments Stocks, Futures, Options
Other languages
Languages English, Spanish, French, German, Portuguese, Italian, Greek, Chinese Mandarin, Chinese Cantonese, Japanese, Polish, Hungarian, Czech, Danish, Dutch, Russian, Hebrew, Arabic
Platforms SaxoTrader, SaxoWebTrader, SaxoMobileTrader, TradeMaker
Broker type Broker
Regulation FSA
Foundation 1992
Saxo Bank

Saxo Bank Rating

54 %   46 %


Saxo Bank does not participate in the rating

Alpari
11 May, 2023   AlpariAlpari Demo account - simple way to learn how to trade effectively

The advantages of a demo account: A practical approach to learning the basics of trading...

OctaFX
1 May, 2023   OctaFXDividend announcement for stock derivatives, May 2023

When a company pays shareholders dividends, it reduces its value by the dividend amount. The dividend payout leads to the share price reduction...

XM
20 Apr, 2023   XMXM to Participate at the Finance Magnates Africa Summit

We’re thrilled to be attending Finance Magnates’ upcoming Africa summit FMAS:23, as Diamond Sponsor. This marks the first time Finance Magnates is bringing...

NordFX
4 Apr, 2023   NordFXJapanese Yen Helped NordFX Traders Enter the TOP-3

NordFX Brokerage company has summed up the performance of its clients' trade transactions in March 2023. The services of social trading, PAMM and CopyTrading...

FreshForex
1 Apr, 2023   FreshForexRage against the machines?

Elon Musk, with a panel of AI experts and industry leaders, are calling for a six-month pause in developing systems more powerful than the recently launched OpenAI GPT-4 in an open letter citing potential risks to society...

FreshForex
26 Mar, 2023   FreshForexSlow and Steady: A Profitable Strategy for Long Term Traders

Dear clients, We talk a lot about intraday, but what about those who play the long game? This time we'll be looking at some strategies for a long-term trading. Join us on March 29 at 12:00 GMT...

AvaTrade
16 Mar, 2023   AvaTradeHow to Start Trading from Home

Can You Make A Living Trading From Home? The unprecedented COVID-19 pandemic practically confined people worldwide in their homes. But technology helped many...