Saxo Bank Review & User Rating 2020

SaxoBank was founded in 1992 by the Danish businessman. Originally the Company was called Midas, but it was changed to SaxoBank at the time the bank obtained its European license for banking in 2001.

  • Start year:1996
  • Country of origin:Denmark
  • Regulation:ASIC, 109605610, Banque de France, 483632501, FCA (UK), FC026688, FSA (Denmark), 1149, SFC (Hong Kong), 1395901
  • Payment options:Credit/debit cards, Wire transfer
  • Minimum account size:$5,000
  • Minimum lot size:0,05 lot
  • Leverage:UP 1:20 to 1:200
  • Spreads:2 pips on EUR/USD

SaxoBank specializes in online investments at the international capital markets and provides its clients with opportunity to trade with the wide range of financial tools, such as currencies, contracts for difference, futures, options and other derivatives, the Bank renders services on trust management also.

Regulation

Saxo Bank A/S is a fully licensed Danish bank under the supervision of the Danish FSA and subject to stringent financial reporting requirements and specific client-handling regulations.

Fully regulated

We adhere to the strictest regulatory standards, and are fully licensed and regulated in 15 jurisdictions across Europe, the Middle East and Asia.

Financial strength

We’re a financially stable company with a robust balance sheet. We serve clients in 170 countries, hold USD 16bn in AUM and process 1m transactions daily.

Multi-award winner

We’ve been consistently recognised by our industry and have won the highest accolades for our products, platform and service.

The trading is carried out online with the help of SaxoTrader program, which is the proprietary of the Bank.

The thousands of investors and traders from more than 100 countries of the world are clients of the Bank. The client servicing is conducted from the Headquarters of the Bank in Copenhagen, and also from 12 offices, situated in the largest cities of the world.

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