Saxo Bank review
Regulation, trading conditions, fees, platforms and user experiences
Also known as Saxo, Saxo Markets
Editorial review updated 26 August 2026 · Broker data checked 26 August 2026
- Editorial score
- 8.4/10How we scored Saxo Bank
- User rating
- No user ratings yet
- Regulatory status
- FSA (Denmark)FCAASICFINMA+5
- Country
- Denmark
- Established
- Established 1992
- Website
- home.saxo
Saxo Bank may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.
Saxo Bank is a forex and CFD broker associated with Denmark. This profile reviews its regulatory records, trading conditions, platforms, fees and available user reports.
Saxo Bank is a solid mid-table option. Regulated by Danish FSA; FCA; ASIC; FINMA; MAS; JFSA; SFC Hong Kong; DFSA; AMF/ACPR and other European regulators, offering SaxoInvestor, SaxoTrader, SaxoTraderPRO, TradingView. What follows is drawn from the broker's own published material and covers the things that decide the account you end up with: who oversees them, what trading actually costs, and where the compromises sit.
Saxo Bank at a glance
- Broker name
- Saxo Bank
- Established
- 1992
- Headquarters
- Hellerup, Denmark
- Legal entities
- Saxo Bank A/S
- Regulatory status
- Regulated
- Minimum deposit
- $0
- Maximum leverage
- 1:30
- Trading platforms
- TradingView, Proprietary platform
- Markets offered
- Forex, Commodities, Shares, ETFs, Bonds, Futures, Cryptocurrency CFDs
- Account types
- Classic, Platinum, VIP, Professional, Corporate, Joint, Demo
- Demo account
- Available
- Islamic account
- Not available
- Customer support
- Phone, support ticket, platform chat/help centre, 24/5
- Official website
- home.saxo
Our view of Saxo Bank
Saxo Bank stands out for an FSA (Denmark) licence, 34 years of operating history, a low minimum deposit of $0 and TradingView. Its suitability depends on the legal entity available in your country, the protection attached to that entity and whether its pricing and platform range match how you intend to trade.
No specific limitation has been recorded, but this does not remove the need to verify the account entity and terms.
Who Saxo Bank may suit
Saxo Bank may suit traders looking for a tier-one licence behind the account, a small first deposit and automated strategies.
Who should consider alternatives
Consider alternatives if you require an Islamic account, copy trading and MetaTrader, stronger regulatory protection or account terms that are not available through your local entity.
What stands out
- An FSA (Denmark) licence
- 34 years of operating history
- A low minimum deposit of $0
- TradingView
- Automated trading support
- API access
- Negative balance protection
- A compensation scheme
- A wide range of markets
What to consider
No specific limitation has been recorded, but this does not remove the need to verify the account entity and terms.
What traders report about Saxo Bank
There are not enough eligible ratings to publish an aggregate user rating for Saxo Bank.
- Open cases
- 0
- Broker responded
- 0
- Resolved
- 0
- Unresolved
- 0
Community metrics describe the published dataset and do not establish that every client will have the same experience.
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How Saxo Bank scored
The editorial score is calculated from the broker information and assessment criteria described in our scoring methodology. It is separate from user ratings and sponsored placement.
Category scores may be unavailable where there is not enough reliable information. The overall score should not be treated as a guarantee of safety, performance or suitability.
Read the full editorial reviewCompare Saxo Bank with other brokers