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Saxo Bank

FSADenmarkEst. 1992
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Saxo Bank Overview

Saxo Bank is a forex and CFD broker established in 1992, headquartered in Copenhagen, Denmark. The broker operates under multiple regulatory frameworks including FSA, FCA, ASIC.

Saxo Bank offers 2 account types including Classic, Platinum. Spreads start from 0.4 pips with a minimum deposit of $2000 and maximum leverage up to 30:1.

Traders can access the markets through SaxoTraderGO, SaxoTraderPRO. Copy trading functionality is also available.

Saxo Bank provides access to 71000+ tradable instruments including 190 forex pairs, indices, commodities.

Account Types

Classic

Market Maker Account

Entry-level account with industry-leading entry prices

Min Deposit
$2000
Spread From
0.6 pips
Commission
None
Max Leverage
30:1
SaxoTraderGOSaxoTraderPROSaxoInvestor

Platinum

Market Maker Account

Lower prices for active traders

Min Deposit
$200000
Spread From
0.4 pips
Commission
None
Max Leverage
30:1
SaxoTraderGOSaxoTraderPRO

Regulation & Legal Entities

Saxo Bank A/S

Denmark

Regulator: FSA
License: 1149
Max Leverage: 30:1

Philip Heymans Allé 15, 2900 Hellerup, Denmark

Saxo Capital Markets UK Limited

United Kingdom

Regulator: FCA
License: 440751
Max Leverage: 30:1

40 Bank Street, Canary Wharf, London E14 5DA, United Kingdom

Saxo Capital Markets (Australia) Pty Ltd

Australia

Regulator: ASIC
License: 321946
Max Leverage: 30:1

Suite 1, Level 14, 9 Castlereagh Street, Sydney NSW 2000, Australia

Trading Platforms

SaxoTraderGO

Web|Mobile|Tablet

Enhanced trade ticketTechnical analysis toolsOption chain

SaxoTraderPRO

Desktop

Multi-screen supportAdvanced order typesAlgorithmic orders
✓ Copy Trading Available

Trading Instruments

71000+
Total Instruments
190
Forex Pairs
100
Indices
Commodities

Fees & Pricing

Deposits

Bank TransferFree
Credit CardFree

Withdrawals

Inactivity

Fee$$0

Deposit Methods

Bank TransferVisaMastercardVisa Electron

Execution Technology

Market Maker
Execution Type
Variable
Slippage
None
Requotes

Trading Features

Negative Balance Protection
Guaranteed Stop Loss
Trailing Stop
One-Click Trading
Mobile Trading
API Trading

Awards & Recognition

Best VIP Client Service
Finance Magnates2023
Best Mobile App
Investment Trends2023

Restricted Countries

Saxo Bank does not accept clients from the following countries:

United StatesCanadaIranNorth KoreaSudanSyria

Quick Info

HeadquartersCopenhagen, Denmark
Years in Business34 years
Min Deposit$2000
Spreads From0.4 pips
Max Leverage30:1
Account Types2
Open Account

Support

24/5
📞+45 3977 4000
PhoneSupport TicketChatbotHelp Center

Company Stats

Clients1,200,000+
Funds ProtectedDKK 800B+ (Client Assets)

🎁 Promotions

✓ Refer a Friend

No deposit bonus available.

Verified Data

Last verified: 2026-02-25

Frequently Asked Questions about Saxo Bank

Everything you need to know about the broker's trading conditions

Is Saxo Bank a regulated broker?

Yes, Saxo Bank is regulated by multiple authorities including FSA in Denmark, FCA in United Kingdom and ASIC in Australia, providing a secure trading environment for its clients.

What is the minimum deposit required for Saxo Bank?

The minimum deposit requirement to open an account with Saxo Bank is $2000.

What is the maximum leverage offered by Saxo Bank?

Saxo Bank offers a maximum leverage of up to 30:1 for retail traders, though this may vary based on your jurisdiction and the entity you register with.

Which trading platforms does Saxo Bank support?

Saxo Bank provides access to global markets through SaxoTraderGO, SaxoTraderPRO.

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