SaxoBank reviews

SaxoBank_logo SaxoBank 7/10 (votes 12492)

On-line since: 1999
Country of origin: Denmark
Regulation: Finanstilsynet (The Danish FSA)
Payment options: Credit/debit cards, Wire transfer
Minimum account size: $10,000
Minimum lot size: 0,1 lot
Leverage: 1:20, 1:100, 1:200
Spreads: 2 to 3 pips on EUR/USD

SaxoBank is a leading brokerage company founded in 1992 by entrepreneurs from Denmark. Initially the company was called Midas, but it was renamed in 2001 after receiving the European banking license.

Today SaxoBank specializes in online trading in international capital markets. The company's customers have an opportunity to use a large number of financial instruments such as currencies, CFDs, options, futures, and other derivatives. In addition, the broker provides professional trading services to its investors.

Trading at SaxoBank is conducted through the SaxoTrader platform developed by the company’s specialists. SaxoTrader features a series of tools that optimize trading process.

SaxoBank head office is located in Copenhagen, Denmark. The company has offices in major cities of the world, including London, Paris, Istanbul, Geneva, Singapore, Sydney, Johannesburg, Tokyo, Madrid, Abu Dhabi, Prague, Milan etc. Traders and investors from more than 100 countries use services of this company.

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Comments about broker

PaulFx trader
review SaxoBank
08-07-21

I have enjoyed the SaxoTrader with the SaxoBank broker. I have found the fastest execution in the live market. As I can be open a deal at the accurate position or where I want to set. I have established an EA, which works well and given me $260 so far. They have regulations from the Swiss National Bank, so their payment proceeds within two working days via bank transfer. So I am satisfied with SaxoBank broker.

Hendry trader
review SaxoBank
17-06-21

Currently SaxoBank become my favorite broker because I’m satisfied with their service provided for me. It has been 2 years I’m joining them after I left previous broker because of their platform that always freeze during trading activity. So far SaxoBank provide me with stable trading platform and fast speed execution that can take all my orders instantly. I like their spread which start from 1 pips for EUR/USD and if it widen it can be reach only 3 pips and for me it still can be accept. In fact trading with interactive broker I can generate profit average $500-$900 per month with $10000. Transaction for deposit and withdrawal always on time which is it took only 1 hour for deposit and 6 hours for withdrawal via bank wire. Overall SaxoBank is reliable broker and they are recommended broker.

Mhyze trader
review SaxoBank
03-03-21

Yesterday, I made a withdrawal request of $1200. I was able to make this much profit from my trading activities and I must give credits to the broker as it will not be possible without their excellent platform and tools. Today, I was able to receive the money already. Definitely, transactions with this broker is efficient.

Ilias trader
review SaxoBank
23-09-20

I am happy with my experience at SaxoBank. They are professional brokers, their high minimum account size is worth it with their service. They always provide the best service, good quality platform with fast execution, and lowest spreads. It's very easy to use their platform, I can place an order in the position I want with easy customization. Customer service is also helpful and friendly. I made a profit many times and they always process my withdrawal requests on time. I have no words to complain, Saxobank is the best broker as far I know.

Hamza trader
review SaxoBank
23-04-20

I started trading with SaxoBank four months ago and I have no doubts trading with this broker. They have their own trading platform called SaxoTrader platform. Really this is good trading platform with plenty of tools. Also their trade execution and spreads are on a good level. They are transparent when it comes to sharing information. All withdrawals and deposits are very secured and safe, this is a very regulated broker.

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