Review

Last updated: 2019.12.11 7:5

Saxo Bank offers trading of currencies, indices, equities, options, futures, ETFs, bonds, CFDs and commodities

Saxo Bank is a Forex Broker offering Forex Trading services via SaxoTrader Desktop, Mobile and Web trading platforms. Regarding orders execution model, Saxo Bank is a b-book broker (a market maker). Saxo Bank offers trading of currencies, indices, equities, options, futures, ETFs, bonds, CFDs and commodities. Saxo Bank is regulated by the Danish Financial Supervisory Authority. I have been using it for overseas equity and the fees are fair enough as per transaction was $4 for most of my trades. Nice mobile app, trades are executed faster, with a nice interface.

Products mentioned by this review

Saxo Markets Forex

Saxo market has Industry-leading prices, Client-focused execution, Award-winning FX trading platforms, and 24/5 expert service. They also gives Ultra-competitive FX and Spot Metal pricing. They have something like Best-in-class forex execution

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Providers mentioned by this review

Saxo Capital Markets

Saxo capital markets Pte Ltd is the sister company of Saxo Bank and was established in 2006 in Singapore. It is a multi-investment platform to provide investment opportunities in trading and investing, investing and partnerships. It offers numerous products to trade and invest in such as CFD, forex, stocks, bonds, mutual funds, commodities, and ETF’S. Saxo capital offers trust and transparent investment solutions by registering into 15 jurisdictions such as the UK, Singapore, Australia, and Denmark, etc. It has clients network in more than 170 countries and funds of USD 17billion. It processes almost one million transactions every day. Over 25 years, Saxo capital has served numerous customers and received multiple awards for its global services. The awards include best prime of prime provider, Best banks awards 2017, readers’ choice awards 2018, etc. It also offers different webinars, videos, courses, guides to best educate the customer before investing in its financial products.

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Does the SAXO really have low transaction fees especially for the international markets?

Yes I can confirm that the minimum trading fee is between USD3 – USD4 which is a fair transaction fee especially for the international markets. I have been using Saxo for over one year now and I am all for it because of its low trading fees, user friendly/innovative mobile app and powerful analytics tools, allowing me to easily track my trading performance. A plus is that it covers many markets thus I use it primarily for US stocks.

Saxo Markets Forex

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