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Saxo Bank Review

Updated: August 2, 2026
Saxo Bank
Views1296

Fast Facts

Founded:
1992
Trading Instruments:
Bonds, ETFs, Stocks, Futures, CFDs, Commodities, Forex, Options
Funding Methods:
Visa, MasterCard, Maestro, Bank Wire Transfer
Max Leverage:
1:30
Islamic Accounts (Swap-Free):
No
Offices:
Denmark, Australia, Japan, United Arab Emirates, Singapore, India, People's Republic of China, Czech Republic, United Kingdom, Switzerland, Netherlands, Italy, France
Regulations:
MAS (Singapore)
CBUAE (UAE)
FSA (Denmark)
FCA (UK)
FINMA (Switzerland)
DFSA (UAE)
SFC (Hong Kong)
Trading Platforms:
SaxoTrader
Account Currencies:
SEK, CNH, RON, ILS, DKK, NOK, TRY, CZK, MXN, CAD, HKD, NZD, ZAR, SGD, RUB, PLN, HUF, ‎AUD, CHF, JPY, GBP, EUR, USD, AED
Min Deposit:
5'000 USD
Headquarters:
Denmark

Account types

Classic AccountPlatinum AccountVIP Account
Minimum Deposit5'000 USD200'000 USD1'000'000 USD
Maximum Leverage1:30
Spread from (pips)
Commission per lot (USD) 0
Minimum Trade Size0.01
Step
Execution Type
Trading InstrumentsBonds, ETFs, Stocks, Futures, CFDs, Commodities, Forex, Options
Margin Call
Stop out100%
Swap Free
CurrencySEK, CNH, RON, ILS, DKK, NOK, TRY, CZK, MXN, CAD, HKD, NZD, ZAR, SGD, RUB, PLN, HUF, ‎AUD, CHF, JPY, GBP, EUR, USD, AEDSEK, CNH, RON, ILS, DKK, NOK, TRY, CZK, MXN, CAD, HKD, NZD, SGD, RUB, PLN, HUF, ‎AUD, CHF, JPY, GBP, EUR, USD, AED

Deposits / Withdrawals

  • Deposit Methods: Visa, MasterCard, Maestro, Bank Wire Transfer
  • Withdrawal Methods: Visa, MasterCard, Maestro, Bank Wire Transfer
  • Account Currencies: SEK, CNH, RON, ILS, DKK, NOK, TRY, CZK, MXN, CAD, HKD, NZD, ZAR, SGD, RUB, PLN, HUF, ‎AUD, CHF, JPY, GBP, EUR, USD, AED

Contact Info and Support

Company Address:

Philip Heymans Alle 15 2900 Hellerup Denmark

Supported languages: Arabic, Chinese, Czech, Danish, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Russian, Slovak

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank54224
Country CodeDK
Country Rank1503
Category Rank6
Engagement metricsVisits1040652
Bounce Rate0.4914
Pageviews per Visit2.38
Avg. Visit Duration71.33
Estimated monthly visitsApril 20261047625
May 20261061533
June 20261040652
Top countriesBelgium (BE)15.49%
Denmark (DK)14.48%
Switzerland (CH)9%
Netherlands (NL)7.89%
France (FR)7.5%
Traffic sourcesDirect26.74%
Referrals3.25%
Mail1.27%
Social-
Paid Referrals-
Search-
Top keywordssaxo44380 ◦ $0.68 ◦ $26730
saxo bank29900 ◦ $0.98 ◦ $25920
サクソバンク証券7770 ◦ $1.6 ◦ $8730
saxobank7190 ◦ $0.54 ◦ $8050
kalkulator procentu składanego3290 ◦ $0.12 ◦ $5000

About Saxo Bank

Saxo Bank A/S is a Danish investment bank founded in 1992 and headquartered in Hellerup, Denmark. The group is licensed and supervised by the Danish Financial Supervisory Authority (Finanstilsynet), and its subsidiaries hold additional authorisations: Saxo Markets UK is authorised and regulated by the Financial Conduct Authority (FCA) under licence number 551422; Saxo Bank (Switzerland) Ltd is supervised by FINMA; Saxo Capital Markets Pte. Ltd is licensed by the Monetary Authority of Singapore (MAS); Saxo Bank Dubai is authorised by the Central Bank of the UAE under licence 04.02.01.078.2015.02.

The broker offers multiple account tiers — Classic, Platinum, and VIP — with minimum deposits of USD 5,000, USD 200,000, and USD 1,000,000 respectively. Maximum leverage is 1:30, and commissions on standard trades are listed as 0 USD. Supported account base currencies include USD, EUR, GBP, JPY, CHF, AUD, and many others. All accounts provide access to the proprietary platforms SaxoTraderGO and SaxoTraderPRO. Available asset classes comprise Forex/Currencies, CFDs, Stocks/Equities, ETFs, Bonds, Futures, Options, and Commodities. Each account supports hedging, scalping, Expert Advisors (EAs), and Negative Balance Protection, while swap-free (Islamic) accounts are not offered.

Who it’s for

  • Experienced traders seeking multi-asset exposure through a single platform.
  • Investors who prefer institutional-grade infrastructure and global regulation.
  • High-net-worth individuals looking for advanced features and premium account tiers.

Pros and cons

Pros

  • Comprehensive global regulatory oversight under FCA, MAS, FINMA, and Danish FSA.
  • Broad range of instruments across multiple asset classes.
  • Professional-grade platforms SaxoTraderGO and SaxoTraderPRO.
  • Full support for hedging, scalping, and automated strategies.

Cons

  • High minimum deposit requirements, especially for Platinum and VIP accounts.
  • No swap-free (Islamic) account option.
  • Leverage capped at 1:30, limiting flexibility for retail traders.

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