Saxo Bank
Saxo Bank
Fully licensed Danish investment bank offering one of the widest multi-asset ranges in the industry (70,000+ instruments) through professional-grade SaxoTraderGO and SaxoTraderPRO platforms.
At a glance
Website status
See all brokers on FinPip RadarAbout Saxo Bank
Saxo Bank is a fully licensed Danish investment bank, founded in 1992 and headquartered in Copenhagen, Denmark. It is known for one of the widest multi-asset ranges in the industry — more than 70,000 instruments — delivered through its professional-grade SaxoTraderGO and SaxoTraderPRO platforms.
As a regulated bank, Saxo operates under authorisations from the UK's FCA, Switzerland's FINMA, the Monetary Authority of Singapore (MAS), Australia's ASIC and Japan's FSA, placing it under supervision across several tier-one jurisdictions.
Clients trade through SaxoTraderGO, SaxoTraderPRO and TradingView, with access to forex, stocks, ETFs, bonds, futures, options, commodities and indices. Pricing is tiered, with EUR/USD spreads from around 0.6 pips on the Classic tier and tightening as account balances rise; there is no minimum deposit.
Retail leverage is capped at 1:30 under FCA/EU rules, with higher limits for eligible professional and institutional clients. With a FinPip rating of 4.6 out of 5, Saxo Bank suits traders and investors who want a bank-backed, multi-asset provider with professional tools, rather than the lowest headline costs.
The bottom line
Fully licensed Danish investment bank offering one of the widest multi-asset ranges in the industry (70,000+ instruments) through professional-grade SaxoTraderGO and SaxoTraderPRO platforms.
Regulation & Safety
- FCA
- FINMA
- MAS
- ASIC
- FSA (Japan)
Key facts
Fees & Spreads
- Min. deposit
- $0
- Spreads from
- 0.6 pips (EUR/USD)
- Leverage
- 1:30 for retail clients under FCA/EU rules; higher limits available for eligible professional and institutional clients.
Spread notes: Tiered pricing: EUR/USD from around 0.6 pips on the Classic tier, tightening to roughly 0.4 (Platinum) and 0.2 (VIP) as balances rise.
Platforms
- SSaxoTraderGO
- SSaxoTraderPRO
TradingView
- Forex
- Stocks
- ETFs
- Bonds
- Futures
- Options
- Commodities
- Indices
Pros
- Fully licensed bank with strong capitalization
- Enormous multi-asset range of 70,000+ instruments
- Professional-grade SaxoTraderGO and SaxoTraderPRO platforms
Cons
- No MetaTrader 4 or MetaTrader 5
- Pricing and platform can feel complex for beginners
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