Saxo Bank account types

Saxo Bank account types

Saxo Bank offers 7 reported account types. Compare the minimum deposit, spread model, commission, platform and eligibility before choosing an account.

Saxo Bank runs 7 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD and other regional currencies. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 1,000 currency units / 0.01 lot equivalent. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

ClassicPlatinumVIPProfessionalCorporateJointDemo

Minimum deposit

$0

Spreads from

0.7 pips

Commission

$0 on spot forex

Maximum leverage

1:30

Platforms

TradingView, Proprietary platform

Base currencies

AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD and other regional currencies

Available markets

Forex, Commodities, Shares, ETFs, Bonds, Futures, Cryptocurrency CFDs

Minimum trade size

1,000 currency units / 0.01 lot equivalent

Account opening time

Usually a few minutes

Demo account

A demo account is reported as available for testing the platform and practising with virtual funds. Demo pricing and execution may not match live conditions.

Islamic account

An Islamic or swap-free option is reported as not available. Alternative charges, holding limits or eligibility conditions may apply.

Information last checked 3 November 2026. Account terms may differ by entity and country.