About Saxo Bank

Founded in 1992 in Denmark, Saxo Bank has grown into a powerhouse in the online trading industry. Unlike typical retail brokerages, Saxo operates as a fully licensed European bank. It bridges the gap between traditional banking security and cutting-edge fintech, offering one of the most comprehensive product catalogs in the world with over 70,000 financial instruments available from a single cross-collateralized account.

Saxo Bank is widely celebrated for its proprietary trading platforms. SaxoTraderGO is a highly intuitive web and mobile platform perfect for dedicated investors, while SaxoTraderPRO is a fully customizable, multi-screen desktop terminal built specifically for advanced traders and institutional clients. Both platforms offer exceptional charting tools, direct market access, and real-time risk management.

In addition to execution, Saxo Bank provides its clients with premium daily market research, macro-economic insights, and curated investment themes directly from the SaxoStrats team—an invaluable resource for long-term portfolio builders.

Is It Regulated & Safe?

Yes. When it comes to safety, Saxo Bank sets the industry standard. As a fully licensed Danish bank, it is primarily regulated by the Danish Financial Supervisory Authority (FSA). However, its global subsidiaries are strictly overseen by top-tier financial watchdogs around the world.

This includes the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Monetary Authority of Singapore (MAS), the Swiss Financial Market Supervisory Authority (FINMA), and the Dubai Financial Services Authority (DFSA). Depending on your jurisdiction, your funds are protected by the relevant deposit guarantee schemes (e.g., up to €100,000 under the Danish Guarantee Fund for depositors).

Who Is It Best For?

Saxo Bank is the premier destination for professional traders, institutional clients, and high-net-worth individuals (VIPs). If you have a substantial portfolio and require access to niche global markets, corporate bonds, complex options strategies, or foreign exchanges, Saxo Bank has the infrastructure to support you.

While Saxo has made efforts to attract retail investors by lowering minimums in certain regions, its fee structure—which often includes custody fees or minimum ticket charges for smaller accounts—makes it less suitable for beginners or those investing small amounts intermittently. Active traders, however, benefit greatly from significant volume-based discounts.