Saxo Bank

Founded 1992 · Copenhagen, Denmark

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

$0Min. deposit
1:30Max. leverage
0.6 pipsSpreads from
3Platforms
5Regulators
8Instruments
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24h uptimeLatency

About 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.

Regulation & Safety

  • FCA
  • FINMA
  • MAS
  • ASIC
  • FSA (Japan)
Founded: 1992Headquarters: Copenhagen, Denmark

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

Instruments
  • 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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