Saxo Bank customer reviews

Updated: March 24, 2026
Saxo Bank
Views703
Summary
Customer feedback on the broker is mixed, with both highly positive and strongly negative experiences. Many users praise the platform's ease of use, competitive costs, detailed reports, and valuable trading tools. Several reviewers commend the helpful and responsive customer support, naming specific agents for their professionalism, efficiency, and clear communication. Users appreciate quick problem resolution, structured support through chat or phone, and regular updates. However, some clients report severe issues, including withheld funds, missing shares, long delays in response, and account restrictions without explanation. A few describe poor communication and loss of trust, claiming they had to escalate cases or transfer accounts. Overall, while the platform offers strong functionality and service for many users, inconsistent customer experience and fund management problems raise serious concerns for others.
Mitch Sinn
19.01.2026 | 01:10

No matter what password i put in i cannot reset my password, no easily identifiable way of contacting support in Australia 17286817 - Userid

Jørgen Jensen
16.01.2026 | 14:48

2 Factor Authentication is not working on portal login, and you can’t register new devices. This has been a problem in couple of months. I called the Saxo support - they knew the problem - and were working on it. I take my security much more serious than Saxoinvestment - specially when it’s about banking. Good bye Saxo

Tom
15.01.2026 | 20:25

I've been using them for years. Key good points include: - Good range of products and markets - Flexible range of currencies and margin lending requirements - Low trading costs and custody fees - Responsive and supportive customer service

Igor Burlakov
15.01.2026 | 14:24

Access to full range of financial products across global markets / derivatives including options. Cheap and convenient

Kreso Bilan
14.01.2026 | 22:05

Reasonable deposit requirements, wide breadth of investment vehicles. Relatively low fees and good speed of execution. Easy platform use.

Andreas Weberich
14.01.2026 | 20:42

I like the service at Saxo, always helpful!

Jo Yang
14.01.2026 | 11:02

Excellent customer service support from ViVek. He was very knowledgable with all queries and concerns with regards to setting up an account . He was also prompt in following up the account set ups and followed up with a phone call to inform me account was all ready. An overall pleasing and helpful experience. Highly recommend Saxo and their customer support.

Aleksandar Vorinski
13.01.2026 | 22:30

I was amazed that they treated my covered call as naked call. They explained that according to their risk policy they have to withhold cash in value of loss on sold options like to protect me...

Natasa Popovic
13.01.2026 | 15:53

She was really helpful. I felt secured with the code sent to my screen after logging in. She was fast to find the answer to my question. I was satisfied with the answer. I appreciate the help a lot.

Frank Schude
13.01.2026 | 10:17

His patience and understanding

..
12.01.2026 | 09:22

As always, prompt response. Issue resolved.

Vasilis
09.01.2026 | 14:22

Positive: no long waiting time. Friendly staff. Negative: could not provide a swift response and not expected to revert back within the same day. So, overall assessment will need to wait until I see if the issue I'm facing has actually be resolved (and how swiftly).

Nicholas Knollys
08.01.2026 | 12:10

Imanchi was helpful and patient

Customer
08.01.2026 | 07:11

Customer service (Vivek) was great. I had issues with depositing my funds for the first time, CS responded quickly, gave detailed explanation on how the processing works and what to do next time to ensure a smoother process. Thankyou!

Felix Hatzold
07.01.2026 | 21:30

excellent guy, very helpful

M van Til
05.01.2026 | 20:24

very helpful, efficient!!!

Christian Dam
05.01.2026 | 17:39

Quick and thorough help gaining acces from web application

Lester Chan
05.01.2026 | 08:23

customer service rep was straight to the point and helpful

Marie Eve
31.12.2025 | 13:25

We opened a joint bank account, and and our account has been blocked for months. They failed to process information we provided 24 hours after they asked for it. Extremely bad service, put your money elsewhere!! (Signed : a GP and radiologist from Belgium )

Alex and Jean Morton
30.12.2025 | 18:57

Had a long telephone conversation this morning with Mukesh Singh, who was extremely patient and extremely helpful. Thank you again, Mukesh

Jai Sethia
30.12.2025 | 14:51

Aditi has done a fantastic job but there are one thing which can be improved. If we ask various points and when there are no system possibilities of doning the same, the person should be recetive to note down the points and ask Saxo bank managment to implement some solution by which saxo bank system and interface can be improved.

Kin
29.12.2025 | 17:51

Very precise and swift respond. He listen and understand clients need and solve the problem swiftly. Very satisfied experience.

David Campbell
29.12.2025 | 17:38

Responsive and helpful.

Alexander Konovalov
26.12.2025 | 12:35

Live Chat support and Cases support for SaxoTrader is very poorly organized, and I see it for last 5 years without much improvement. My latest example, which is complete repetition of previous experiences: got request (new Case) to provide updated EU Residence Permit details, provided it the same day, attaching to the Case. No further follow-up questions from Saxo, the case remains open for 1.5 months. While trying to increase my exposure at SaxoTrade platfrom, getting message that my account is restricted - again, there is no any way for me as a client to know that, because I provided all required information, don't see any follow-up requests, no highlights in my Account to see anything about being Restricted. Then, I open LiveChat, trying to figure out the case. Get Live Agent in there. The agent says that need few minutes to figure out, disappers, I'm getting auto-message that the Chat will be closed due to inactivity, trying to keep it Active for 10-15 minutes, posting some general messages like "keep it active, I'm waiting for Agent to respond", but eventually Chat is being closed. I'm back to Chat Bot, who suggests some knowledge Aricles to check and asking if I want to chat with Live Agent.... I initiate conversion with Live Agent - who is a new person, who asks how can she help me... The end of our conversation is that Agent escalates that to "Renewal Team", which is unfortunatelly isn't much available because of holidays season and will hopefully respond next week... So, I guess I gave here a glumpse of how I feel myself after such Customer Experience. My overall feeling that Case Management process is a black-hole, and nobody is reading any responces here, Live Chat is aimed to kick you off ASAP, and the only working process is setting up Restrictions on client's account, without any notice though...

Justin
26.12.2025 | 07:11

He was in constand communication with me, and was of great help throught live chat and on the phone.

Prasert
25.12.2025 | 05:40

I had the problem link my account for withdrawing. Only a short while after I submitted the ticket, Vivek who is customer service in Singapore called and explained me the cause of my problem. After I submitted more information and some document, they took only another day to fix my problem. When the problem get fixed, the same customer support called to update me that my problem was resolved successfully. Kudos to their service

Ian Joseph Long
23.12.2025 | 17:14

Anna was courteous and professional throughout.

Takelion
23.12.2025 | 00:27

Again Saxo nightmare... I asked how to attach a file as it's not possible in the chat as I can't find the button 1. the agent asked how he may help me without reading what I had written 2. he asked me what time of document. I say statement for withdrawal to external account 3. he tells me how to request for a new INTERNAL account... I had spoken about EXTERNAL 4. Then he tells to attach the document. Hey, that's the whole point here! How to attach a document. There is no such button... After maybe 20 minutes, he gave me the answer... at least Saxo, you will ask me who I am and want to refer to the chat. Unfortunately, you don't communicate chat reference numbers therefore I just can't help you. Just look for who made this request right now. I still stay with them... Dreadful experience.

Edwin
22.12.2025 | 03:14

Great speed and efficiency in addressing the problem

Laurence Mann
19.12.2025 | 09:30

Awful, the worse trading platform i have ever used!!!!

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