Saxo Bank

4.5(1.900 reviews)

Premium investment bank with over 72,000 tradable instruments

DFSA/FCA RegulatedSince 1992

Trust Score

Excellent

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

0 €

Min. Deposit

Instruments

DFSA/FCA

Regulation

Platforms

Key Features

Stocks

Stocks trading available

Options

Options trading available

Futures

Futures trading available

Forex

Forex trading available

ETFs

ETFs trading available

Bonds

Bonds trading available

CFDs

CFDs trading available

Commodities

Commodities trading available

Mutual Funds

Mutual Funds trading available

SaxoTraderGO

Trading Platform

SaxoTraderPRO

Trading Platform

Saxo App

Trading Platform

Advantages

Over 72,000 tradable instruments
Professional platforms
Comprehensive options trading
Excellent research department
Banking license and high security

Disadvantages

Higher fees for entry-level account
Platform complex for beginners

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About Saxo Bank

Saxo Bank was founded in 1992 in Copenhagen and is a Danish investment bank with DFSA and FCA regulation. With over 72,000 tradable instruments, Saxo Bank offers one of the most comprehensive product ranges worldwide: stocks, options, futures, forex, ETFs, bonds, CFDs, commodities, and mutual funds. The banking license and excellent research department underscore the premium positioning. Saxo Bank caters to sophisticated investors and professional traders seeking access to global markets and comprehensive options trading on international exchanges. Commissions start from 1 USD for stocks and options, forex spreads begin at 0.4 pip. The SaxoTraderGO and SaxoTraderPRO platforms offer professional analysis and trading tools. However, fees for the entry-level account are higher, and the platform can appear complex for beginners. No minimum deposit is required.

Saxo Bank FAQ

How many instruments are tradable at Saxo Bank?

Saxo Bank offers access to over 72,000 tradable instruments, including stocks, options, futures, forex, ETFs, bonds, CFDs, commodities, and mutual funds on global markets.

Does Saxo Bank offer options trading?

Yes, Saxo Bank offers comprehensive options trading on global exchanges. Options on stocks, indices, and other underlyings are available, with commissions starting from 1 USD per contract.

What platforms does Saxo Bank offer?

Saxo Bank offers three platforms: SaxoTraderGO as a web-based all-round platform, SaxoTraderPRO as a professional desktop platform, and the Saxo App for mobile trading.

Is there a minimum deposit at Saxo Bank?

Saxo Bank has no minimum deposit. However, certain account types may require higher deposits for better conditions.

Who is Saxo Bank best suited for?

Saxo Bank is best suited for experienced investors and professional traders seeking access to a broad product range with over 72,000 instruments and comprehensive options trading. For pure beginners, the fees and platform complexity may present a challenge.