FINMASwitzerlandTier 1Licence number
Unreleased
View licence record- Licence holder
- Held by Saxo
Not checkedUpdated
At a glance
Regulation on record for Saxo
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 5
- Issuing authorities
- 5
- From tier-1 or tier-2 authorities
- 4
- Found on an official register
- 0
Saxo has 5 licences on record with Wikilix, issued by 5 authorities across 5 jurisdictions. 4 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Saxo, strongest authority first.
5 records
- FINMASwitzerlandTier 1
MASSingaporeTier 1Licence number
Unreleased
View licence record- Licence holder
- Held by Saxo
- Licence type and regime
- Retail Forex License
Not checkedUpdated
FCAUnited KingdomTier 1Licence number
551422
View licence record- Licence holder
- Held by Saxo
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
CONSOBItalyTier 2Licence number
296
View licence record- Licence holder
- Held by Saxo
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
FSAJapanTier 3Licence number
Kanto Local Finance Bureau Director (Kinsho) No. 239
View licence record- Licence holder
- Held by Saxo
- Licence type and regime
- Retail Forex License
- Offshore
Not checkedUpdated
Protection
What this licence protects
FINMA's own rules for the firms it authorises.
- Compensation schemeDeposit insurance covers up to CHF 100,000 per depositor
- Complaints routeFINMA complaints/ombuds
- Maximum leverage1:100
Frequently Asked Questions
Questions about the licences held by Saxo
Answered from the register entries on this page.
Most Popular Questions
Yes, Saxo Bank prohibits clients from certain countries including the USA, North Korea, Iran, and other sanctioned countries. These restrictions are consistent with regulatory compliance and international sanctions.
Specific KYC requirements for Saxo Bank are not detailed in the provided context. However, as a regulated broker under authorities like FCA and MAS, Saxo Bank is expected to follow standard KYC procedures including identity verification and compliance checks.
Saxo Bank provides customer support via phone, live chat during business hours, and email. They support English language and have multiple regional phone numbers and email addresses for sales and support inquiries.
Saxo Bank offers a maximum leverage of up to 100:1 depending on the jurisdiction and regulatory restrictions. For example, leverage is capped at 30:1 under FCA and CONSOB regulations, while other licenses may allow different limits.
Saxo Bank offers a wide range of regulated financial instruments including forex, stocks, bonds, funds, options, derivatives, commodities, loans, and retail investments. The availability of these instruments varies by jurisdiction but covers major asset classes.
Saxo Bank is regulated by multiple authorities including the UK's Financial Conduct Authority (FCA), Italy's CONSOB, Singapore's MAS, and Japan's FSA. It operates under onshore licenses with high transparency and client fund protection, such as FSCS coverage up to £85,000 in the UK. These regulations indicate a strong commitment to safety and compliance.
Saxo has 5 licence records with Wikilix, issued by 5 authorities across 5 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Saxo holds licence records issued by FINMA, MAS, FCA, CONSOB, FSA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
4 of the licence records held by Saxo come from tier-1 or tier-2 authorities (3 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 5 licence records held by Saxo has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Saxo has licence records in Switzerland, Singapore, United Kingdom, Italy, Japan. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.