Saxo Bank

Saxo Bank is a premium investment bank offering comprehensive trading and banking services. It caters to professional traders and high-net-worth individuals seeking advanced tools and diverse asset access.

Open Account with Saxo Bank

Key Details

Fees & Minimums

  • Minimum Deposit: €5,000
  • Stock Fees: Variable commission starting from 0.15%
  • ETF Fees: Variable commission starting from 0.15%
  • Regulation: FCA, Danish FSA

Platform & Assets

  • Platform Type: Web, Mobile, Advanced Trading
  • Available Assets:
    Stocks ETFs Options Crypto CFDs Bonds Futures

Fees and Commissions

Saxo Bank charges variable commissions starting from 0.15% on stocks. ETFs typically cost 0.15%-0.25%. Options and futures have specific commission rates.

Platform Features

The SaxoTraderGO platform offers advanced charting, multiple asset trading, portfolio analysis, and integration with banking services. Desktop and mobile versions available.

Key Features:

  • ✓ Advanced charting
  • ✓ FX trading
  • ✓ Bonds and fixed income
  • ✓ Options trading
  • ✓ Crypto trading
  • ✓ Portfolio management

Safety & Regulation

Saxo Bank is regulated by the UK FCA and Danish FSA. It offers banking services and high client fund protection through Danish guarantee scheme.

Regulated by: UK FCA, Danish FSA, BaFin

Pros & Cons

Pros

  • + Advanced trading platform
  • + Multiple asset classes
  • + Banking services
  • + Global market access
  • + Professional support

Cons

  • − High minimum deposit
  • − Higher fees than discount brokers
  • − Steep learning curve
  • − Not ideal for beginners

Who Is Saxo Bank Best For?

Professional traders

High-net-worth individuals

Active traders

Ready to start investing?

Open an account with Saxo Bank today

Open Saxo Bank Account