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Saxo

Regulated
Hong Kong
,
Since 1992
Last Updated:
62/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
100
Account Types
ClassicPremiumVIP

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

Bank Transfer

bank transfer
1 days
Fee:
Free
Fee:
Free

Credit/Debit Card

credit card
Instant
Fee:
Free
Fee:
Free

E-wallets

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrencies

crypto
hours
Fee:
Free
Fee:
Free

Other Methods

other
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 84%, 2: License 87%, 3: Software 50%, 4: Spread 0%, 5: Account Type 24%, 6: Symbol 0%
Regulation
84%Excellent
License
87%Excellent
Software
50%Fair
Spread
0%Poor
Account Type
24%Poor
Symbol
0%Poor

Company Information

Full Name:Saxo Bank A/S
Founded:1992
Headquarters:Hong Kong
Enterprise Offices:5offices

Customer Support

Phone:
+852 2207 6040
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview

Saxo Bank A/S is a well-known FinTech that functions as an online investment bank and a multi-asset trading company with a global reach. Saxo offers many customers, including retail investors, professional traders, institutional clients, and others, access to world markets through its online trading system.

This Saxo Bank is a trusted provider (the reputation aspect) of high-quality service and has built up an extensive trading system portfolio, using advanced technology to provide an advanced, sophisticated, and comprehensive trading solution, including:
• Extremely strong, sophisticated infrastructure
• A very large selection of financial products
• a wide variety of integrated portfolio management tools

This article provides comprehensive background information about Saxo Bank A/S, its key features and offerings, regulatory framework, trading conditions, fee structure, and overall market reputation.

 

Saxo Bank’s History and Background

Saxo Bank A/S was established in 1992 as a privately owned trading platform. Since that time, the company has evolved into a full-service registered bank that offers trading and investment services to individuals and institutions worldwide.  Saxo Bank operates in multiple jurisdictions and provides clients with services across Western Europe, Eastern Europe, Asia, and the Middle East.

This technology-driven bank has established a strong reputation for providing high-quality trading services to its institutional clients through its proprietary platform.

 

Key Features and Offerings

Saxo Bank delivers trading and investment services for traders and investors.

Through its proprietary multi-asset platform, Saxo Bank grants users direct market access to a wide range of global financial instruments, enabling them to build and manage diversified portfolios within a single trading environment.

Clients can trade across the following asset classes:

• Forex – including major, minor, and exotic currency pairs
• Stocks – access to global equities across major exchanges
• Indices – major global stock indices
• Commodities – including energy, metals, and agricultural products
• Bonds – government and corporate fixed-income instruments
• ETFs – exchange-traded funds across various sectors and regions
• Options and Futures – listed derivatives on financial instruments
• CFDs – leveraged products available depending on jurisdiction

Saxo Bank integrates this multi-asset offering into its advanced trading infrastructure, enabling clients to manage positions, monitor risk, and allocate capital efficiently across different markets.

 

Saxo Bank Trading Platforms

Saxo Bank uses only proprietary trading platforms and does not use any third-party systems to complete trades.
The major Saxo Bank trading systems include:
• SaxoTraderGO mobile and web platform
• SaxoTraderPRO is a traditional, advanced desktop trading platform

All trades executed or placed on any Saxo trading platform include the same services and features, such as:
• Real-time market data feeds
• Technical and Fundamental Charting Tools
• Integrated Risk Management Tools
• Multi-Currency Trading
• Portfolio Management Tools for each trader on any Saxo Bank trading platform used.

 

Regulatory Compliance and Licensing

Saxo Bank A/S operates as a fully licensed bank and is subject to strict regulatory oversight across multiple jurisdictions.

Regulatory Overview Table

Regulator

License Number

Status

Danish Financial Supervisory Authority (Denmark)

License No. 1149

Active (Banking License)

Financial Conduct Authority (United Kingdom)

Registered entity (Saxo Capital Markets UK Ltd)

Active

Monetary Authority of Singapore

Capital Markets Services License

Active

Swiss Financial Market Supervisory Authority

Banking License (Swiss entity)

Active

Saxo Bank operates under a multi-jurisdiction regulatory framework, providing a high level of investor protection compared to offshore brokers.

 

Trading Conditions and Platform Technology

Saxo Bank offers competitive trading conditions supported by institutional-grade infrastructure.

Trading Conditions

Trading Condition

Details

Spreads

Competitive and variable (asset-dependent)

Leverage

Regulated (lower for retail clients under EU rules; higher for professional clients)

Minimum Deposit

No fixed minimum for standard accounts (may vary by region)

Platform Technology

Proprietary platforms with advanced execution and risk tools

Leverage and trading conditions depend on the client classification and regulatory jurisdiction.

 

Fee Structure

Saxo Bank maintains a transparent fee structure, though costs vary depending on account tier and asset class.

Fee Structure

Fee Type

Details

Deposit Fees

Generally free (depending on method)

Withdrawal Fees

May apply depending on currency and method

Commission

Applies to most asset classes (volume-based pricing)

Additional costs such as spreads and overnight financing (swap) may apply depending on the instrument traded.

 

User Experience and Market Reputation

Saxo Bank is a major global financial firm and not a niche broker or unknown entity; therefore, it has built a strong reputation for:

  • Very good execution

  • State-of-the-art technology

  • Properly regulated

  • High-quality institutional-like service

Saxo Bank specifically targets experienced traders and investors by providing the tools to help them achieve their desired results through professional-grade trading instruments, well beyond what is typically offered by retail forex brokers.

 

Recent activity

Saxo Bank is constantly updating and improving its technology/service offerings through numerous initiatives to enhance platform features, pricing, and access to global markets.

The company also provides clients with extensive research, market commentary, and other timely updates on its products as part of its strategy to continue being perceived as a technology-oriented investment bank and firm.

 

Conclusion

Saxo Bank A/S is an internationally known investment bank and multi-asset brokerage. It offers clients sound, regulated execution through its regulatory framework and proprietary technology-based order execution platforms, regardless of jurisdiction. Saxo Bank operates in a variety of jurisdictions and provides the same institutional-grade technology and tradable products to all clients.

This approach builds a high level of confidence and transparency with clients. While Saxo Bank is better suited for trading-focused traders or those with significant capital, it remains one of the most reputable and regulated companies in Forex trading.

 

Regulatory Licenses

Compliance & oversight

5 licenses
United Kingdom
FCATier 1
United Kingdom#551422
License Details
Type:Market Making(MM)
License #:551422
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Singapore
MASTier 1
Singapore#Unreleased
License Details
Type:Retail Forex License
License #:Unreleased
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Switzerland
FINMATier 1
Switzerland#Unreleased
License Details
Type:N/A
License #:Unreleased
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Italy
CONSOBTier 2
Italy#296
License Details
Type:Market Making(MM)
License #:296
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Japan
FSATier 3
Japan#Kanto Local Finance Bureau Director (Kinsho) No. 239
License Details
Type:Retail Forex License
License #:Kanto Local Finance Bureau Director (Kinsho) No. 239
Status:Regulated
Validity
Effective:N/A
Expires:N/A
3
Tier 1
5
Countries
0
Offshore

Account Types

Trading account options

3 types
Classic
Standard
Leverage 1:1 • Commission US Stocks 0.08%, Forex 1 pip
Leverage1:1
CommissionUS Stocks 0.08%, Forex 1 pip
Premium
VIP
Min Deposit EUR 200,000 • Leverage 1:1 • Commission US Stocks 0.05%, Forex 0.9 pips
Min DepositEUR 200,000
Leverage1:1
CommissionUS Stocks 0.05%, Forex 0.9 pips
VIP
VIP
Min Deposit EUR 1,000,000 • Leverage 1:1 • Commission US Stocks 0.03%, Forex 0.7 pips
Min DepositEUR 1,000,000
Leverage1:1
CommissionUS Stocks 0.03%, Forex 0.7 pips
3
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

5 methods
Bank Transfer
Bank Transfer1 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Bank account must be in client's name; no third-party transfers allowed; available globally subject to local banking regulations; intermediary banks may charge fees.
Credit/Debit Card
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:USD 5,000
Withdrawal
Fee:Free
Min:N/A
Max:USD 5,000
Availability may vary by country; card issuer policies may apply additional fees.
E-wallets
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Availability varies by region; clients should verify support in their country.
Cryptocurrencies
Cryptocurrencyhours
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Cryptocurrency transactions are not supported.
5
Free Deposit
5
Instant
1
Crypto

Trading Platforms

Professional trading tools

1 Available
TradingView

TradingView

by TradingView Inc. • 2011

Windows
Mac
Web
Android
+2
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Saxo: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Saxo at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Saxo

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://www.home.saxo/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Corporate Network

Enterprise structure & relationships

5 entities

Saxo Capital Markets HK Limited

Hong Kong
active

Registration

1395901

Established

2009-11-27

SAXO CAPITAL MARKETS PTE. LTD.

Singapore
active

Registration

200601141M

Established

2006-01-24

SAXO BANQUE (FRANCE)

France
active

Registration

483632501

Established

2005-07-29

SAXO CAPITAL MARKETS UK LTD

United Kingdom
active

Registration

07413871

Established

N/A

SAXO BANK (SCHWEIZ) AG

Switzerland
active

Registration

463858

Established

N/A

Comments

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