Which Countries Are Serviced By Saxo? Saxo A S Support

When it comes to making informed decisions about forex brokers, it’s essential to rely on trustworthy sources. With multiple communication channels and a dedicated team, Saxo strives to smartytrade review deliver quick and efficient help to all clients. With Saxo’s Copy Trading feature, traders can replicate the strategies of top investors with ease.

To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Curated investment themes to inspire your next investment Real-time daily news and updatesCurated investment themes to inspire your next investmentFactSet analyst ratingsPodcasts, webinars, and educational articlesPreview insights Highly rated funds from some of the world’s top money managers.

• Safra Sarasin Group, a Swiss private banking institution, announced an agreement to acquire a 70% stake in Saxo Bank, purchasing shares from Geely Financials Denmark A/S and Mandatum Group.
• Since July 1, 2024, Saxo Bank has ceased onboarding new clients in several countries as part of a strategic shift.
• When confronted by the media, the bank acknowledged the action, stating that a "slightly more elegant solution" should have been pursued.
• The platform is made for professional and novice traders and supports a one-screen interface.
• Interactive Brokers supports various account base currencies, including GBP, USD, EUR, and other major currencies.
• Our policy is designed to ensure client orders are executed promptly, efficiently, and with the best possible terms.

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• Through its proprietary SaxoTrader platform suite, the group provides access to Forex, CFDs on indices, commodities, bonds and cryptocurrencies, as well as cash equities, ETFs, listed options and futures.
• 24/5 support is available in multiple languages, plus FAQs, tutorials, and more at help.saxo.
• Saxo Bank combines top-tier regulation, broad market access and sophisticated proprietary platforms.
• More than 5,200 government and corporate bonds available across exchanges and OTC markets.
• The multi-licensed broker caters to mobile traders with SaxoTraderGO for Android and iOS devices.

A true global brokerage with an outstanding multi-asset selection, traders have over 35,000 assets to trade across eight asset classes. Saxo Bank doesn’t offer any bonuses or promotions to traders on deposits, but their multi-tier classification system offers incentives for frequent and high-volume traders. Market research is published daily and if nothing else, clients get fresh ideas and a different look which adds value to the trading day.

Commodity Trading

• It offers a free fractional share worth up to €100!
• For beginners, it presents a demo account where you can trade as if it were real money to help you feel the investment platform firsthand, and you get access to educational tools.
• Curated investment themes to inspire your next investment
• China’s market is characterized by large-scale AI deployment, rapid industrial digitalization, and state-backed technology acceleration.

Through its proprietary SaxoTrader platform suite, the group provides access to Forex, CFDs on indices, commodities, bonds and cryptocurrencies, as well as cash equities, ETFs, listed options and futures. We only list trading platforms regulated by tier 1 and tier 2 institutions including CySEC, FCA, ASIC, NFA. Investing in financial instruments, commodities, and other assets carries inherent risks, and there is a possibility that you may lose your entire investment.

Demo Account

24/5 support is available in multiple languages, plus FAQs, tutorials, and more at help.saxo. Our current A- credit rating from S&P Global Ratings reflects our financial position and ability to meet our obligations. We’re a licensed Danish bank regulated in 13 countries, and your deposits are backed by the Danish Guarantee Fund up to EUR 100,000. No platform or inactivity fees While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. We work hard to offer you valuable information about all of the brokers that we review.

• The company does not offer a live chat option which is a drawback as live chat is very handy for novice traders that need help setting up their accounts or depositing funds.
• This is quite high as most novice traders start trading with much smaller deposits.
• Based on your trading style and funding capability you can choose between 3 types of trading accounts with Saxo Bank.
• These top-tier regulators enforce strict compliance with financial laws and regulations, ensuring that Saxo adheres to the highest industry standards.

Forex Trading On Saxo Bank

Interactive Brokers supports various account base currencies, including GBP, USD, EUR, and other major currencies. Check our list of investment platforms, and filter by “Not approved” to check the list of platforms that we do not recommend. Yes, you can trade + instruments using Saxo Bank’s platforms.

• The bank’s half-year report confirmed these results, marking the first six months of 2010 as the most profitable period in its history.
• Regulatory alignment, data security, and sustainable technology adoption play a central role in shaping long-term market strategies.
• It’s not a secret that every market has its own characteristics.

Saxo Bank is a member of the Danish Guarantee Fund, which protects client cash deposits up to €100,000 and financial securities (stocks, ETFs,…) up to €20,000 per client. Here, you will find the best prices, access to trading experts, and exclusive event invitations. Launched in 1992, Saxo Bank is one of the most solid financial entities in the brokerage industry, with a proven track record of success.

On 23 January 2015, Saxo Bank announced that it might face a loss of up to DKK 700 million (around US$107 million) due to negative client balances it may not be able to collect. This mismanagement highlighted significant lapses in oversight and raised questions about Saxo Bank’s role in the improper handling of client assets. BBY had operated as a white-label partner of Saxo Bank, providing Foreign Exchange contracts and other financial products.

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SaxoTraderGO offers manual traders a superior trading experience over industry-standard MT4. SaxoTraderGO represents an excellent trading platform for manual traders, while automated trading solutions are not supported. Saxo Bank made a great effort to deliver its global traders a state-of-the-art trading platform, also available as a White Label Solution for partners.

Analytical Charting Tools

Some clients, who had already closed positions on EUR/CHF and related instruments, incurred additional losses and accused Saxo Bank of unfair repricing and burdening them with higher negative balances. Court proceedings revealed that BBY had unlawfully pooled an excessive amount of client funds with Saxo Bank, funds that should have been properly allocated to clients holding Equities and Exchange-Traded Contracts. In June 2015, the stockbroker BBY appointed liquidators after failing to secure sufficient funds to meet its financial obligations. The review aimed to address shortcomings in credit risk, client risk, and compliance risk management.

With Saxo, you’ll get an average execution speed of 0.009 seconds on market orders (January 2026 statistics) and no asymmetric slippage. Forex, or FX, involves trading one currency for another at an agreed exchange rate. Advanced tools on a professional-grade platform available for free Average execution speed of 0.009 seconds (January 2026) on market orders

Professional clients can get lower margin requirements. The regulatory review did not find actual instances of money laundering, but identified deficiencies in the bank’s compliance framework that led to the enforcement action. In February 2015 a group of over 20 Danish and foreign Saxo clients engaged legal counsel to explore a class-action lawsuit.