Saxo Review

Saxo Ratings at a Glance

Saxo, in addition to offering its bread-and-butter stock, bond, ETF, mutual funds trading, provides a high-level platform to trade its leveraged products like forex, CFDs, futures, commodities, forex options, listed options and other derivatives. Known for its forex platform, Saxo facilitates trading major forex pairs from as low as 0.4 pips with no commission charged and even lower spreads for active traders. Trade up to 185 forex pairs across majors, minors and exotics, crypto and spot metals, from only 0.6 pips. 

Astute traders today are pursuing Contracts for Difference (CFDs), which are contracts between two parties speculating on the movement of an asset price. The U.S. Securities and Exchange Commission (SEC) currently prohibits CFD trading for U.S. citizens and residents, but if your country of residence allows CFD trading, you can get in on this trading trend at Saxo. 

To learn more about Saxo's account options, visit the links below:

• Brokerage Account
• Futures Account
• Options Account
• Forex Account

Saxo serves numerous European markets — Czech Republic, Denmark, France, Italy, The Netherlands, Switzerland and the UK, to name a few. Its customer service team supports clients in more than 180 countries from offices in major financial hubs. Contact Saxo via email, contact form or telephone. The answers to many questions can be found in its FAQ section, where the sensitive search bar broadly interprets your search keywords and expertly offers you a list of pertinent solutions.

Rely on industry-leading prices at Saxo. With ultra-competitive spreads and commissions across all asset classes and even better rates as your volume increases, Saxo fees are reasonable and help you keep more money in your pocket.

Competitive prices include:

• Commissions from $1 on U.S. stocks, ETFs and futures
• Commissions from 0.05% on bonds
• Commissions from $0.75 per contract on listed options
• Low commission
• Custody fees on mutual funds, custody fees starts from 0.1%

You can also use the Saxo website to:

• Calculate interest you will earn on deposits
• Review currency conversion fees
• Look into financing and margin rates
• Check on custody fees

Plus, there is no inactivity fee when you invest with Saxo.

Find the attractive, liquid-fast Saxo app (SaxoTraderGO) on Apple’s App Store and Google’s Play Store. You can perform the same actions at the same speed on the app as you can on your desktop. 

Trade on desktop or app as a SaxoTraderPro member where you can rely on high-performance tools built to manage and execute orders, with in-depth market analysis features. Tools include depth trader, time and sales data, algorithmic orders, a charting package, option chains and advanced trade tickets that are engineered for speed and productivity and eminently clickable for speedy order placement. 

Investors who wish to use Saxo’s managed portfolios can set up an account easily and receive world-class industry expertise while paying just a fraction of the cost of traditional wealth managers. Saxo has no lock-in period and if your circumstances change, you can withdraw at any time. Once you are an account holder, you can view your investment holdings on desktop or via app. 

Saxo provides traders with an array of user benefits for all skill levels. Features like global market access, powerful platforms, industry-leading prices, tight spreads and expert support. With 12+ billion USD daily trading volume, 200+ million OpenAPI requests/day and 120+ partner banks and brokers, you can have confidence you’re trading with a reputable and trustworthy broker. 

The online educational resources Saxo offers its traders consist of material that actually shows you what to do, step by step, instead of slapping up fluff without substance. The little post-course quizzes show it’s serious; few of us really learn without the pressure of a test to confirm understanding of the material. Saxo wants clients to do well — to understand the lingo and make informed decisions but also know the risks. 

Saxo’s technology helps companies of all sizes to connect to global exchanges. Banks, brokers, financial advisors, fintechs and other partners use our capital markets solutions to provide trading and investment services to their clients. 

When it comes to forex trading, consider starting with or switching to Saxo’s award-winning platform. Smart consumers seek out the best; you could buy a donut at Walmart (NYSE: WMT), but wouldn’t you rather tap the donut professionals (NASDAQ: DNKN)? Your trading platform matters much more, and Saxo’s your expert for forex trading. 

Saxo offers a user experience that is seamless and user-friendly. The platform is designed with ease of use in mind, allowing users to easily navigate through different sections and functionalities. It provides a clean and intuitive interface that makes it simple for both novice and experienced traders to place trades and monitor their investments.

Trade execution on Saxo’s platform is both efficient and speedy. Users can expect fast order execution, ensuring that trades are executed at the desired price point without any delay. This contributes to an overall positive experience for traders, as they can enter and exit positions with minimal slippage or price discrepancies.

Saxo receives an overall 5 star rating as a leading online investment and trading platform that offers a wide range of options for investors worldwide. With its global reach, users can access markets in over 30 countries, making it an attractive choice for those looking to trade in international markets.

One of the key highlights of Saxo is its comprehensive platform options. It provides investors with access to a variety of asset classes, including stocks, bonds, commodities and forex. Whether you are a beginner or an experienced trader, Saxo offers a user-friendly interface and advanced trading tools to cater to your needs.

Another standout feature of Saxo is its low pricing structure. The platform offers competitive pricing, allowing investors to execute trades at affordable rates. This cost-effectiveness is particularly beneficial for European investors, as it provides them with an opportunity to maximize their returns without incurring high fees.

Saxo is highly attractive to European investors due to its strong presence in the region. It is regulated by multiple authorities across Europe, ensuring the safety of investors' funds. It offers a range of investment products that are tailored to the specific needs and preferences of European investors.

Saxo Tutorial

In addition to its competitive fees and fee transparency, Saxo elevates itself above its competitors with the educational and thought leadership content that accompanies its potent and efficient trading platform. All trading platforms give you the equipment and tools you need to buy and sell in the market; few provide the educational courses and thought leadership insights that Saxo offers. The information gleaned by even a small amount of time within Saxo’s courses, blogs, white papers and other online resources give you the edge you need to take your trading to a higher, more profitable level.

Frequently Asked Questions