FXTM information and reviews
FXTM
93%
OctaFX information and reviews
OctaFX
91%
FXCC information and reviews
FXCC
90%
Libertex information and reviews
Libertex
89%
FxPro information and reviews
FxPro
88%
HotForex information and reviews
HotForex
87%

Saxo Bank Review and Information 2022

Saxo Bank Information and Review Saxo Bank
Rating Saxo Bank does not participate in the Forex Rating
Reviews Rating
Regulation FSA
Trading software SaxoTrader, SaxoWebTrader, SaxoMobileTrader, TradeMaker
Headquartered Philip Heymans Alle 15, DK-2900 Hellerup
Share

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 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.

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.

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 Information 2022


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
Pip spread on majors 2-3
Spread Type fixed
Maximum Leverage 200:1
ECN, $ 1000
STP, $
Standard account, $ 10000
Mini account, $ 2000
Popular payment methods PayPal, Wire Transfer
Account currencies EUR, USD, GBP, JPY
Available assets 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
Broker type
Regulation FSA
Foundation 1992

Saxo Bank Reviews and Comments

Very bad experience. I asked them to withdraw some money on the 1/2/2021. I got no response until I made official complaints to the Monetary Authorities of Singapore where I hold the Account and to their "complaints dept". They finally registered the bank account of the receiving bank on the 8/2/2021 but. still today on 17/2/2021 I have not received my money. The people answering the phone are totally irrelevant. I have started worrying about the rest of my money with them and I think I will have to change broker. Its not the first time that I have problems with this broker. Stay clear.
  16 Feb 2021  
Thank you for your honest review, this helps new clients be aware and cautious for sure.
Jonathan Bartsch   8 Sep 2021
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.
  10 May 2018  
Saxobank dead company without support team. In Saxobank doesn't exist support team, they doesn't answer on me emails. It is SCAM broker.
  31 Jan 2018  
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.
  3 Jul 2017  
XM Human Broker - Transparent, Fair and Focused on the Client

No hidden terms in pricing, execution, or promotions. Same quality of services, market order execution and level of support for all clients regardless of investment size, investment goals and financial situation. Easy and convenient systems for opening and managing account(s), for depositing or withdrawing funds. and for trading the international markets.

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.
  25 Apr 2017  
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?
  2 Aug 2016  
Damn rude tha's all I can say of their night dealer no damn manners at all, system slower than my grandmother walking
  22 Mar 2011  
I'm a Private Wealth Management client in Saxo Bank, what can I tell you about this service?, well, they've made me lost USD 150K trading with Natural Gas futures, they offer a senior advisor for your investments (with a lot of experience) but this only a joke; the senior advisor bought the future contracts without an stop loss order, the result was I lost USD 150K in just 1,5 days. It would be funny for you, but it was not for me, believe me Saxo Bank is not as good as they say.
  8 Apr 2010  
please somebody tell me... which is the best forex borker?
  13 Jan 2010  
guys iam confused! which is the best forex borker?
  30 Dec 2009  
All Saxo Bank Reviews

Related Forex Brokers

# Forex Broker Year Status For Against Type Regulation Leverage Account
1FXTM Detailed information and reviewsFXTM2011937Broker, ECNCySEC, FCA, IFSC1000$100
2OctaFX Detailed information and reviewsOctaFX2011919BrokerSVG500$50
3FXCC Detailed information and reviewsFXCC20109010ECN, STPCySEC, VFSC500$1
4Libertex Detailed information and reviewsLibertex19978911MM, STPCySEC30$1
5FxPro Detailed information and reviewsFxPro20068812Broker, NDDCySEC, FCA, FSCA, SCB500$100
6HotForex Detailed information and reviewsHotForex20108713BrokerCySEC, FSC, FSB, FCA, BaFin, DFSA1000$5
7XM Detailed information and reviewsXM20098614BrokerASIC, CySEC, IFSC888$5
8FXCM Detailed information and reviewsFXCM19998515BrokerFCA, ASIC, SFC, CONSOB, BaFin, ACP30$300
9AvaTrade Detailed information and reviewsAvaTrade20068416BrokerMiFiD, CBI, FSA, ASIC, SFB, BVI, ADGM, FSRA, CySEC400$100
10LegacyFX Detailed information and reviewsLegacyFX20128317STPVFSC, CySEC, NBRB, BaFin, FCA, FSP200$5000
11FP Markets Detailed information and reviewsFP Markets20058218ECN, STP, DMAASIC, CySEC500$100
12FreshForex Detailed information and reviewsFreshForex20048119ECNSVGFSA2000$1
13Just2Trade Detailed information and reviewsJust2Trade19948020BrokerCySEC, NFA, FINRA, SIPC500$100
14Pepperstone Detailed information and reviewsPepperstone20107822BrokerCYSEC, BAFIN, CMA, SCB, DFSA, ASIC, FCA500$200
15Olymp Trade Detailed information and reviewsOlymp Trade20147723BrokerIFC100$10
XM information and reviews
XM
86%
FXCM information and reviews
FXCM
85%
AvaTrade information and reviews
AvaTrade
84%
LegacyFX information and reviews
LegacyFX
83%
FP Markets information and reviews
FP Markets
82%
FreshForex information and reviews
FreshForex
81%

© 2006-2022 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.