|Trading software||SaxoTrader, SaxoWebTrader, SaxoMobileTrader, TradeMaker|
|Headquartered||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
Award-winning Trading Platforms
Saxo bank forex broker offers three powerful trading platforms to meet all of your Forex trading needs:
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
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.
|Address||Philip Heymans AllÃ© 15, DK-2900 Hellerup, Denmark|
|Free phone||810 (45) 3977 6531|
|24 hour support|
|Interest charges on the balance|
|24 hour trading|
|Digits after the dot in quotes||4|
|Minimum position size||0.05|
|Pip spread on majors||2-3|
|Standard account, $||10000|
|Mini account, $||2000|
|Popular payment methods||Wire Transfer|
|Account currencies||EUR, USD, GBP, JPY|
|Other instruments||Stocks, Futures, Options|
|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|
Editor’s note: From the floor takes advantage of TradingFloor.com's unique real-time access to Saxo Bank’s various trading floors around the globe to put our community in touch with the developments that matter to their portfolios...Market analysis
Saw an add for NDD Saxo bank trading accounts, later I find they are market makers. below is from their Product disclosure statement. 3.14 Conflicts of interest: Trading with Saxo for the Saxo Products carries an automatic risk of actual conflicts of interests because Saxo is acting as principal and issuer of the Saxo Products and Saxo sets the price of the Saxo Products and also because it might be transacting with other persons, at different prices or rates, or Saxo might be trading with market participants.
Saxobank dead company without support team. In Saxobank doesn't exist support team, they doesn't answer on me emails. It is SCAM broker.
That’s not a good broker for some sort of trading strategies. I’ve got very poor performance since started trading using small take profits and stop losses. Other words, spreads too high for scalping. It brings my strategy performance to negative level comparing to other brokers. I also found that results are the same on all main currencies. So my conclusion is to use this broker only for position trading.
It's a terrible and not advanced company in terms of trading currencies. In my story, I was attracted by promises of broker's advantages among other firms. It pushed me to open account and make deposit after relatively short period of time. No demo at all! In addition, I had an ECN account, but in reality, there were no advantages compared to other types of accounts. All the same: requotes, wide spreads, etc. If someone wants to protest against my statements, I will glad to provide all the evidence. Unlikely, I won't communicate to anybody from broker after such a negative experience.
Please, can someone leave a comment of true experience with Saxo Bank? Look, when I see list of all trading currencies, I get a little confused. There are 182 currency pairs. My current broker offers 32 currencies for trading. The difference is huge especially when I see much better conditions with saxo. What I do not like is a minimum required balance that is $10000. Comparing to my broker it is very high level of entrance even if Saxo bank gives you so many trading instruments. Is it really worth to deposit 10K? What special with trading solutions if broker provides the same mt4 trading platform, regulated by same authorities and have all major currencies for trading?