HomeBrokersSaxo Bank
SX

Saxo Bank

Rank #17Score 7.76 Verified
Denmark
Founded 1992
www.home.saxo

ReCheck Assessment

licensebusinessrisksoftwareregulatory
0.00
AAA
license9.1
business8.4
risk8.6
software8.9
regulatory9

Platform Info

SoftwareMT4, MT5
White LabelNo
Server LocationGlobal

Account Types

Classic$2000
Spread: 0.6Comm: None

Features

SaxoTraderGOInvestmentVIP

Company Profile

Saxo Bank Information

Saxo InformationSaxo is a Danish investment bank founded in 1992. It provides trading in stocks, ETFs, bonds, mutual funds, forex, futures, forex options, and listed options its proprietary trading platforms - SaxoTraderGo, SaxoTraderPRO, and SaxoInvestor. The bank operates in over 100 countries and has offices in major financial centers worldwide, including Copenhagen, London, Singapore, and Tokyo. Saxo Bank is regulated by several financial authorities, including ASIC (Australia), FCA (UK), FSA (Japan), SFC (Hong Kong), AMF (France), CONSOB (Italy), FINMA (Switzerland), and MAS (Singapore).

Last updated: 2/15/2026

Regulatory Information

Denmark

FSA

Denmark
Regulated
License No.1149
License TypeBank
UK

FCA

UK
Regulated
License No.551433
License TypeMM
Australia

ASIC

Australia
Regulated
License No.280372
License TypeMM
UK

FCA

UK
Regulated
License No.551422
License TypeRetail
Seychelles

FSA

Seychelles
Regulated
License No.Verified
License TypeRetail
Global

CONSOB

Global
Regulated
License No.296
License TypeRetail
Global

MAS

Global
Regulated
License No.Not
License TypeRetail
Global

FINMA

Global
Active
License No.Unreleased
License TypeRetail

User Reviews & Ratings

Rate Saxo Bank

Select rating
TJ
Trader_John2025-08-20

Excellent execution speed and very low spreads on major pairs. Withdrawal was processed within 24 hours. Highly recommended!

SK
SarahK2025-08-18

Good broker overall. The mobile app is very user-friendly. Support is helpful but can be slow during peak hours.

MF
Mike_Forex2025-08-15

Been trading with them for 3 years. No issues with slippage or requotes. The educational resources are top-notch.