Saxo Bank Review

Read our concise, full review on the pros and cons of Saxo Bank

Not available in United States

Written by Angelo Martins

Saxo Bank User reviews

0.0
(0)
Ranked 122 out of 1736 (Forex Brokers)
30 November 2024
Verified reviewer
Location: Cyprus
Account types: cTrader, MT5, MT4 (Instant, Standard)
30 November 2024
5.0
Verified reviewer
One of the best out there.
16 July 2024
Verified reviewer
Location: Japan
Account types: MT4 (Instant, Standard), FxPro Edge, MT5, cTrader
16 July 2024
1.0
Verified reviewer
cTraderのチャートがフリーズする。正確なトレードができない。 意図的にサーバーをストップさせ決済できないように操作している。 絶対に利用してはいけません。

Translation:
The cTrader chart freezes. You cannot trade accurately. The server is intentionally stopped and operations are performed to prevent settlement. You should never use this service.
12 July 2024
Verified reviewer
Location: Algeria
Account types: cTrader
12 July 2024
4.0
Verified reviewer
جيد

Translation:
good
30 July 2023
Approved reviewer
Location: Germany
30 July 2023
4.0
Approved reviewer
FxPro offers a wide range of analysis tools, including technical analysis, news, and economic calendars.
16 July 2023
Approved reviewer
Location: Germany
16 July 2023
5.0
Approved reviewer
FxPro offers a wide range of trading instruments, including stocks, forex, and cryptocurrencies. However, some traders may find the available markets to be limited.

Saxo Bank Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
30 : 1
up to £85,000 30 : 1
up to CHF100,000 100 : 1
25 : 1
50 : 1
up to €20,000 30 : 1

Saxo Bank Overall rating

4.4
Ranked 22 out of 1736 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
Popularity
4.0
3
Regulation
5.0
2
User rating
Not rated
3
Pricing rating
Not rated
1
Features
Not rated
1
Customer Support
Not rated
1

Saxo Bank Profile

Company Name Saxo Bank
Categories Forex Brokers
Primary Category Forex Brokers
Year Founded 1992
Headquarters Denmark
Support Languages English
Financial Instruments Forex, Shares, Indices, Bonds, Oil/Energies, Metals, Soft Commodities (coffee, sugar...)
Prohibited Countries United States
Segregated Accounts
Negative balance protection
Regulatory deposit insurance
Variable spread

Saxo Bank Account types

  Classic
Mobile PlatformProprietary
Trading platformProprietary
Spread TypeVariable Spread
Minimum Deposit0
Minimum Trade Size0.01
Trailing Stops
  Classic
Trading platform Proprietary
Mobile platform Proprietary
Spread type Variable Spread
Minimum deposit 0
Minimum Trade Size 0.01
Trailing Stops

Saxo Bank Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
home.saxo
Organic monthly visits 1,037,313 (99%)
Organic traffic rank 27 out of 1736 (Forex Brokers)
Paid monthly visits 9,762 (1%)
Total monthly visits 1,047,075
Bounce rate 53%
Pages per visit 1.91
Average visit duration 00:01:27.4100000