Saxo Markets Review: Pros, Cons, And How It Stacks Up | Updated for 2022
Saxo Markets Guide – Read our In-Depth Saxo Markets Review
Saxo Markets Rating: 4.38 / 10
This Saxo Markets review page contains information about investing with Saxo Markets. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
This complete guide to Saxo Markets has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this review of Saxo Markets does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Saxo Markets review contains the latest details about Saxo Markets.
If you are new to the world of online trading and brokers, so many facts will no doubt be perplexing for you. Getting into the world of online trading demands expert analytical skills and comprehensive understanding. You'll get adept at all the concepts of online trading and brokers while you keep trading. For starters, you need to select the ideal online trading platform who'll consistently be clear with you.
Within this fast-paced world of financial markets and trading, you'll need guidance to make educated decisions. A professional, direct investment plan could assist you in minimising any losses and maximising any returns. Saxo Markets is one such platform that can assist you. It's crucial to understand all about Saxo Markets until you trust them with your cash.
Saxo Markets Review for 2022 – Quick Summary
| Saxo Markets Telephone: | |
| Saxo Markets Support Email: | |
| Saxo Markets Address: | |
| Year Founded: | 2012 |
| Regulated By: | Financial Conduct Authority (FCA) |
| Hedquarters: | Denmark |
| Minimum Deposit: | $6500 |
| Number Of Clients: | 10,000+ Saxo Markets users and traders |
| Saxo Markets LinkedIn: | |
| Saxo Markets Facebook: | |
| Saxo Markets Facebook Likes: | 0 |
| Saxo Markets Twitter: | @ |
| Saxo Markets Twitter Followers: | 0 |
| Saxo Markets Instagram: | |
| Saxo Markets Instagram Followers: | 0 |
| Saxo Markets Youtube: | |
|
Losses can exceed deposits |
|
Our full Saxo Markets Review covers everything you need to know about trading with Saxo Markets. A good agent can take your initial investments and help to protect it from losses but also provide you a platform that can help to give you profits. If you want to earn profits, you must trade with a broker service that aligns with your investing objectives.
Of course, there is no sure-fire way to ensure profits; thus, you should carefully analyze your agent before you choose them. It is a common misconception that all agents will be the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
Saxo Markets is a trading partner that has paved its way successfully to the brokerage world. In this review, we have attempted to collate some of the vital aspects of Saxo Markets. This review will allow you to learn whether Saxo Markets is a fantastic fit for your own investments or not. We've tried to breakdown all the qualities and fees for your convenience.
Who are Saxo Markets?
Saxo Markets is a forex broker headquartered in Denmark and provides a range of tools for online trading. Since its inception in 2012, Saxo Markets has emerged as a top player in the industry of online trading. Saxo Markets includes a highly professional and full-featured trading website that's focused on forex, indices, metals, shares, commodities.
Over the past 10 years, Saxo Markets has become one of the leading online brokers available to the public.
After establishing itself in 2012, their client base is becoming as big as 10,000+ clients.
Saxo Markets is the favourite for many traders . Our Saxo Markets review found that they are an superb solution for automated trading solutions. It is best suited for investors that are searching for an assortment of assets. Social and automated trading solutions are the heart at Saxo Markets.
Technology plays a substantial role at Saxo Markets. Saxo Markets offers trading on Mac, Web Trader, Tablet & Mobile apps. Saxo Markets is fair, transparent, and also a well-regulated broker by the Financial Conduct Authority (FCA). Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also provide in-house analysis.
The educational section at Saxo Markets is quite comprehensive for new dealers since it permits them to have a closer look at the financial markets. Saxo Markets caters to all types of traders and are a must-have broker for any well-diversified method of trading.
Benefits of trading with Saxo Markets in 2022
Trading with Saxo Markets includes many advantages. These benefits are what sets Saxo Markets ahead of all other online brokers. You should check all of the benefits listed so that you have a better comprehension of Saxo Markets.
The broker goes to great lengths to comprehend what dealers want. Consequently, the support, fast, and convenient. The broker also provides a variety of programs for all kinds of traders. Saxo Markets helps to ensure that the individual needs of all online traders are met to the best of their capabilities.
Saxo Markets also includes excellent trading conditions that are readily available to all and not just an elite class of institutional customers. The tight spreads and fast executions are a fantastic advantage for all traders. The technology embraced by Saxo Markets is of the highest caliber, making sure that it's fast, dependable, and effective.
Saxo Markets admits the importance of owning a fast order execution. A quick execution enables users to trade without fretting about slippage safely. It is going to also aid the dealers to catch any opportunities.
Copy trading is another important aspect of Saxo Markets. A new dealer can learn from industry experts using the automatic copy trading alternative. This means you can monitor the best performing traders and instantly mirror their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Saxo Markets offers social trading which encompasses leading traders sharing their knowledge with the community. Saxo Markets's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading
Saxo Markets has over 100 trading tools to support all kinds of traders. These tools are dynamic and convenient for both new and experienced traders. All traders can set aside all their concerns when trading using Saxo Markets.
Saxo Markets Overview
Year Founded: 2012
Regulated By: Financial Conduct Authority (FCA)
Hedquarters: Denmark
Minimum Deposit: $6500
Number Of Clients: 10,000+
Losses can exceed deposits
If you feel that Saxo Markets is not right for you then at the bottom of this Saxo Markets review you will find a lot of alternatives to Saxo Markets.
Everything you should know about trading with Saxo Markets
Saxo Markets is a lively platform that offers various procedures of trading online. These instruments cover the monetary markets considerably. Most of the broker platforms provide fewer methods than Saxo Markets
If you want to exchange with Saxo Markets , you will require a minimum deposit of $6500. This deposit is required if you want to start trading using Saxo Markets. This 2022 Saxo Markets review will direct you easily about trading with them.
Saxo Markets is as versatile as another brokerage platform. Saxo Markets is ideal for traders that want a manageable array of cheap services. The platforms offered by Saxo Markets are third-party, white-label offerings. All traders can select out of Mac, Web Trader, Tablet & Mobile apps
Together with everything, Saxo Markets has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a trade must be kept open. The agents offer premium customer service which rewards customers with advantages.
Many unethical brokers try to pressurise consumers into larger financing for premium services. Saxo Markets, however, is much more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the more benefits will come along.
Saxo Markets accounts are available around the world and provides excellent service wherever they have clients. There are only a select few countries where Saxo Markets accounts are not available. Traders in the following countries cannot open or use a Saxo Markets account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Saxo Markets Safe To Trade With In 2022?
Launched in 2012, Saxo Markets has been operating for 10 years, they are headquarted in Denmark
Saxo Markets is regulated by Financial Conduct Authority (FCA). These bodies have rules that mandate that trading platforms have ploicies in place to maintain investor's resources secured. This means that Saxo Markets users don't need to worry about their money since it is segregated and safely stored in banks that are established. SSL encryption simplifies each user's personal information as well.
You can make use of a choice for 2 Factor Authentications (2FA) with Saxo Markets for heightened safety. An SMS for the verification code will be sent to your phone. You'll be required to enter this code to log into your account.
Another concern with online trading brokers with respect to security may be manipulation of trading. This is highly disadvantageous to consumers on these platforms. However, this is more widespread in the case of Market Maker brokers who compete with users on the platform.
Saxo Markets Risk Disclaimer
Losses can exceed deposits
Pro's & Con's Of Trading With Saxo Markets
Every online trading platform will have some ups and downs, and no Saxo Markets review would be complete without having a balanced approach. This Saxo Markets review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Saxo Markets Pro's
Saxo Markets is regulated by Financial Conduct Authority (FCA).
Saxo Markets offers customer support over the phone.
Saxo Markets provides customer support over email.
Saxo Markets gives access to customer support over livechat.
Saxo Markets has over 100 employees.
Saxo Markets offers social trading.
Saxo Markets offers copy trading.
Saxo Markets allows scalping.
Saxo Markets allows hedging.
Saxo Markets allows commodity trading.
You can trade metals with Saxo Markets.
You can trade energies with Saxo Markets.
Saxo Markets Con's
Saxo Markets is not highly rated by us. Saxo Markets hasn't won any awards. Saxo Markets doesn't offer guaranteed stop loss. Saxo Markets doesn't offer negative balance protection. Saxo Markets has a high minimum deposit requirement. Saxo Markets charges withdrawal fees. Saxo Markets charges inactivity fees. You can't trade Cryptocurrencies with Saxo Markets.Compare Brokers Similar To Saxo Markets
Saxo Markets Review - Regulation And Licencing In More Detail
Saxo Markets is regulated by Financial Conduct Authority (FCA).
Saxo Markets, as a company, has a powerful set of rules for ensuring fair trading on its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer data is never to be shared with some other institutions or individuals. This includes credit history and other financial information.
Saxo Markets Review - Awards
At the time of writing this Saxo Markets review, and despite Saxo Markets’s impressive offering, the company has surprisingly not garnered any awards to date.Saxo Markets Trading Platforms
Saxo Markets are a trustworthy trading platform that has been operating for over 10 years. They offer a large range of options in their client accounts.
In the following table we take the main parts of any great online trading platform and compare Saxo Markets with freetrade, and easyMarkets.
Saxo Markets Review - Saxo Markets MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Saxo Markets in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Saxo Markets MetaTrader 4 is compatible with the latest macOS. Saxo Markets allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Saxo Markets
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Saxo Markets MetaTrader 4 On iOS Devices
You can download the Saxo Markets app or also trade with Saxo Markets through the MetaTrader 4 application on the Apple app store.
Download the Saxo Markets MetaTrader 4 Program free of charge from Apple's App Store. Saxo Markets customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Saxo Markets MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Saxo Markets provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Saxo Markets MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Saxo Markets Review - Minimum Deposit Required
The minimum deposit that you must deposit to begin on Saxo Markets is $6500. This is an adequate amount for people just starting out. You can create more advanced residue as you go along. However, ensure that you understand how to make the most of your money before investing larger amounts.
Saxo Markets Review - Commission And Fees Explained
Saxo Markets is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. In other words, an online broker is not necessarily affected by the amount of customers they have.
But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this purpose.
The first sort of fees to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In these cases, you are spending a spread, funding speed, or even a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight rates are people that are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake in your accounts. They're charged for things like depositing cash, not investing for long periods, or withdrawals.
In general, Saxo Markets does not charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often trade, for example weekly or daily trading.
However, non-trading fees billed by Saxo Markets are comparatively competitive. As a result, you're billed more for non-trading activities in your trading account, like deposits and withdrawal. These are not about the purchase and sale of resources.
This Saxo Markets review breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees Of Saxo Markets
Saxo Markets Withdrawal Fees Explained
Saxo Markets charges a withdrawal fee if you create a bank transfer. Each time you transfer money into your bank accounts, these withdrawal charges become important.
Withdrawal of cash is possible at any time from the Saxo Markets account. It's possible to draw up sums to the amount of your account balance, keeping aside the margin used. 1 thing to keep in mind is that you don't always have to have any money in your accounts.
Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn money will be sent into the cardSaxo Markets will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you are opting to draw in.
Saxo Markets Inactivity Fees Explained
Saxo Markets charges an inactivity fee if you don't create any trades for a while.
Even if no fees have been implied by Saxo Markets, it's better that you close the account if you are inactive. Inactivity fees aren't only charged by brokerage firms but also many financial services.
For additional trading platforms, the inactivity fee is contingent upon the type of account you've selected. The inactivity fee is subjected to many conditions and should be disclosed clearly by the broker beforehand.
Saxo Markets Deposit Fees Explained
When you move money into your trading account by your bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this operation.
Saxo Markets doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash into the Saxo Markets trading platform is simple. You just have to finish a single-user profile survey to start depositing money into your trading account. You'll need to provide an identity proof and evidence of residency to deposit substantial sums.
Compare Saxo Markets Vs Other Broker Deposit Methods
What Can You Trade With Saxo Markets in 2022?
Note: Saxo Markets provides many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered can be different based on the country of residence of the client.
Saxo Markets has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then Saxo Markets offer over 200 forex pairs.
Compare Saxo Markets, freetrade & easyMarkets below.
Reviewing The Saxo Markets Mobile App
Note: Saxo Markets's mobile app has a lot of functions and is being developed all the time. What follows was accurate at the time of compiling this Saxo Markets review.
Understand the capabilities of the mobile apps of Saxo Markets, freetrade & easyMarkets below.
Trading Education Available At Saxo Markets
Understand the trading resources available with Saxo Markets, freetrade & easyMarkets below.
Saxo Markets Customer Support
For this Saxo Markets review we looked at the customer service options as well as response times. on the Saxo Markets trading platform problems solution effectiveness. Saxo Markets support many languages including English, and Chinese
Saxo Markets Live Chat Support
We have tested the livechat experience with Saxo Markets and it works well. We made a request through the Saxo Markets livechat via their website and app and received a response after 10 seconds. Sometimes , there was no response.
We have tested communication with Saxo Markets support in multiple languages and in various countries. Saxo Markets were capable of resolving our customer issues.
Saxo Markets Phone Support
We made a call to Saxo Markets and the call was responded to very promptly. We were able to have the call answered in less than five to ten minutes.
The Saxo Markets phone support team was able to effectively address our questions and concerns via phone. We tested the multilingual Saxo Markets team by making calls in various languages. Saxo Markets made efforts to ensure all of our questions were answered.
The overall support via phone from Saxo Markets was good.
Saxo Markets Email Support
We have sent numerous messages to Saxo Markets and the response times were all very good. The fastest email response time from Saxo Markets was 4 hours and the longest response time was 3 days! Sometimes , there was no response. Support response times may vary for you at Saxo Markets, however we have had this experience sending out 10 emails at various times.
The team solved and responded to our queries. Average email support from Saxo Markets was good.
Alternatives To Saxo Markets
If, after studying thisSaxo Marketsreview, they do not quite meet your needs check out these Saxo Markets alternatives.
We have scoured the internet to find the best alternatives to Saxo Markets. Click on the links below to find out more.
Frequently Asked Questions about Saxo Markets
Can I try Saxo Markets before I buy?
Absolutely! you can most certainly try Saxo Markets before you buy. Saxo Markets provides demo accounts for the convenience of new traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register to get a demo account with Saxo Markets, you will set out with a decent amount of virtual money. It's to establish a feeling of safety and confidence in you before you decide to spend your own money.
With a virtual Saxo Marketsdemo account, you are able to experiment in any way, to whatever length you desire. You can also start positions, examine different trading approaches, and much more.
Saxo Markets shows on its official website how you are able to trade real time stocks in a demo account.
Is Saxo Markets safe?
You can drop all of your worries since we believe that Saxo Markets is totally safe to use. It is in compliance with all the principles of Financial Conduct Authority (FCA).
Even so, Saxo Markets doesn't have assured stop-loss protection.
Why does Saxo Markets ask for my passport?
The reason that Saxo Markets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Saxo Markets has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Saxo Markets must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Saxo Markets?
The process to start trading with Saxo Markets is super simple. You need to begin by signing up on the Saxo Markets website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Saxo Markets are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Saxo Markets is $6500. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Saxo Markets.
The best way to kickstart your trading career with Saxo Markets is to open a demo account facility before risking any real money
What funding methods do Saxo Markets accept?
There are multiple methods to fund your account with Saxo Markets. The process is effortless and quick, with various payment methods in your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to keep in mind that PayPal is not available in all place. The currencies Saxo Markets accepts are USD, AUD, EUR and GBP.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, even though it takes approximately 4-7 days.
Is my money safe with Saxo Markets?
Yes, your cash is safe and secure with Saxo Markets. As you already know, Saxo Markets operates with proper conformation to regulations. It has established lots of measures to guard all its own investors.
Saxo Markets protects its clients' private and sensitive information under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you wish to further safeguard your account, it is possible to enable Two-Step Verification as well. It requires an SMS confirmation for you to get your accounts.
Is Saxo Markets trading good?
Yes, trading via Saxo Markets is a pleasant and decent experience indeed. It is a great and intuitive platform with useful features for your ease. Moreover, you can also obtain access to a vast collection of educational tools and assistive substance to kickstart your trading expertise.
If you are still skeptical, you can start a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries do Saxo Markets support?
Saxo Markets operates around the globe. However, due to regulations Saxo Markets can't accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Saxo Markets legit?
Saxo Markets is a legit company headquarted in Denmark since 2012. They are regulated by Financial Conduct Authority (FCA). Saxo Markets is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Saxo Markets a good broker?
Saxo Marketsis a great broker, and its own users may vouch for it. The highlight of the platform is its fast order execution on transactions.
You'll discover the clean layout of this platform along with the admirable features that are pleasant to work with.
Is Saxo Markets a trustworthy broker?
Yes, Saxo Markets is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for Saxo Markets?
The minimum deposit to open a live account with Saxo Markets is $6500
How long do Saxo Markets withdrawals take?
Normally, withdrawal of money from Saxo Markets is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Saxo Markets to show in your bank account.
Are Saxo Markets regulated?
Saxo Markets are regulated by Financial Conduct Authority (FCA)
Is Saxo Markets a market leading broker?
Saxo Markets is indisputably among the business leaders. It has over 10,000+ registered users and over 10 years of experience on its own record. They are among the world's leading trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this status to its unbelievable platform and wide selection of tools plus resources so that you can invest in capital markets.
Is Saxo Markets a con?
No, Saxo Markets is not a con. They are regulated by Financial Conduct Authority (FCA) and must adhere to their rules. Thus, it is safe to say that Saxo Markets is not a scam.
Can you make money with Saxo Markets?
Using Saxo Markets, many traders earn a lot of cash. However, just like all online brokers, it is important to note that traders can also lose money. In particular, Losses can exceed deposits
This can look to be a small number, but within the year, it quickly adds to a significant number of gains. Even though Saxo Markets supply you all the tools to earn money, they can't guarantee you will profit.
Does Saxo Markets have fees?
Yes. To begin trading using Saxo Markets, you need to deposit $6500. Certain commissions while trading also apply. Any processing fees from your bank might need to be incurred by you.
When was Saxo Markets founded?
Saxo Markets was founded in 2012 in Denmark. Saxo Markets is regulated by Financial Conduct Authority (FCA).
How many people use Saxo Markets?
Saxo Markets is a globally recognised agent with 10,000+ customers.
Where is the Saxo Markets head office?
Saxo Markets has its head office in Saxo Markets
Does Saxo Markets offer negative balance protection?
No. Saxo Markets does not provide negative balance protection. If your balance is negative, Saxo Markets indicates that you contact client services. With this, you are able to fix any imbalances within your own account.
Does Saxo Markets offer guaranteed stop loss?
Saxo Markets, regrettably, doesn't offer guaranteed stop loss. Saxo Markets gives an opportunity for its dealers to close their trade at their specified price. Apart from this, Saxo Markets doesn't provide guaranteed stop loss.
Does Saxo Markets allow scalping?
Yes, Saxo Markets does allow scalping. Many traders across the world select Saxo Markets for their scalping services. They offer trading on Mac, Web Trader, Tablet & Mobile apps which let this.
Does Saxo Markets allow hedging?
Yes, Saxo Markets does allow hedging.
Can you trade energies with Saxo Markets?
Yes, you can trade energy stocks with Saxo Markets
Can you trade agricultural shares with Saxo Markets?
Yes, you can trade agricultural stocks with Saxo Markets
Can you trade cryptocurrency with Saxo Markets?
No, unfortunately you cannot trade cryptocurrency with Saxo Markets
Can you trade metals with Saxo Markets?
Yes, you can trade metals with Saxo Markets
Can you trade UK Shares with Saxo Markets?
Yes, you can trade UK shares with Saxo Markets
Can you trade US Shares with Saxo Markets?
Yes, you can trade US shares with Saxo Markets
Can you trade Japanese Shares with Saxo Markets?
No, unfortunately you cannot trade Japanese shares with Saxo Markets
Can you trade German Shares with Saxo Markets?
Yes, you can trade German shares with Saxo Markets
Does Saxo Markets accept bank transfers?
Yes, Saxo Markets accepts bank transfers for depositing money.
Does Saxo Markets accept credit cards?
Yes, Saxo Markets accepts credit cards for depositing money.
Does Saxo Markets accept PayPal?
No, Saxo Markets does not accept PayPal.
Does Saxo Markets accept Skrill?
No, Saxo Markets does not accept Skrill.
Does Saxo Markets accept Payoneer?
Yes, Saxo Markets accepts Payoneer for depositing money.
Does Saxo Markets accept Neteller?
No, Saxo Markets does not accept Neteller.
Does Saxo Markets offer Live Chat customer support?
Yes, Saxo Markets offers customer support through live chat.
Does Saxo Markets offer phone customer support?
Yes, Saxo Markets offers customer support over the telephone.
Does Saxo Markets offer email customer support?
Yes, Saxo Markets offers customer support through email.
What languages can Saxo Markets communicate in?
Saxo Markets has the ability to communicate and support customers who speak: English, and Chinese
Does Saxo Markets have a wikipedia page?
No, Saxo Markets does not have an official wikipedia page.
Does Saxo Markets offer demo accounts?
Yes, Saxo Markets offers demo accounts so you can test your trading strategies before risking any real capital. Inexperienced traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the features before signing up for a live account.
Compare Saxo Markets To All Other Brokers
Latest Saxo Markets News & Insights
