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Saxo Markets Guide – Read our In-Depth Saxo Markets Review

Saxo Markets Rating: 4.38 / 10

Our proprietary rating algorithm takes all of our 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.

This Saxo Markets review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Saxo Markets review does not apply to users in BR, KR, IR, IQ, SY, JP, US

This Saxo Markets review contains the most recent information about Saxo Markets.

If you are a new entrant in the realm of trading and broker, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will acquire adept at all of the concepts of brokerage since you keep trading. For starters, you need to select the ideal agent who'll be transparent with you constantly.

In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan will create hefty returns. Saxo Markets is one such stage which will take you along with your investment into great heights. It's important that you know about Saxo Markets until you trust them with your money.

Saxo Markets review screenshot

Saxo Markets Review – Quick Summary

Saxo Markets Telephone Number:
Saxo Markets Email Address:
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 will need to learn about trading with Saxo Markets. A fantastic broker can multiply your first investments and give you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investment objectives.

There is no sure-fire method to ensure profits; thus, you must carefully assess your broker before you select them. It's a common misconception that all agents are the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.

Saxo Markets is a broker which has paved its way successfully into the brokerage world. In this review, we've tried to collate a number of the important aspects of Saxo Markets. This review can allow you to understand whether Saxo Markets is a good match for your own investments or not. We have tried to breakdown all the features and fees for your advantage.

Saxo Markets Review, Table Of Contents

Who are Saxo Markets?

Saxo Markets is a forex broker headquartered in Denmark and provides a variety of instruments for trading. Since its start in 2012, Saxo Markets has emerged as a leading player in the field of online brokerage. Saxo Markets has an extremely competitive and full-featured trading website that's focused on currency, indices, metals, stocks , commodities.

Over the past 9 years, Saxo Markets has grown into one of the leading online brokers.

After establishing in 2012, their customer base has become as large as 10,000+ clients.

Saxo Markets is the favourite for many dealers.. Our Saxo Markets review found that they're an excellent alternative for automated trading options. It's best suited for investors that are looking for a variety 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 a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding array of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.

The educational section at Saxo Markets is quite insightful for new dealers since it permits them to get a closer look in the financial markets. Saxo Markets caters to all types of traders and are a must-have broker for any well-diversified method of trading.

Saxo Markets Videos

Benefits of trading with Saxo Markets?

Trading with Saxo Markets comes with many benefits. These benefits are what sets Saxo Markets ahead of all other online agents. You should check all the benefits listed so you have a better understanding of Saxo Markets.

The broker goes to great lengths to comprehend what dealers need. As a result, the support, fast, and convenient. The agent also gives a number of platforms for all types of traders. Saxo Markets helps to ensure that the individual needs of all traders are completely met.

Saxo Markets also features excellent trading conditions which are available to only an elite group of institutional customers. The tight spreads and fast executions are a fantastic benefit for the traders. The technology embraced by Saxo Markets is among the maximum caliber, making sure that it's fast, reliable, and effective.

Saxo Markets acknowledges the importance of owning a fast order execution. A fast execution enables users to exchange without fretting about slippage safely. It will also help the dealers to grab the utmost profitable opportunities.

Copy trading is another important aspect of Saxo Markets. A new trader can learn from business experts utilizing the automated copy trading alternative. This means you can monitor the best performing traders and instantly copy 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 Marketsoffers social trading which encompasses leading traders sharing their knowledge with the community. 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. This is independent copy trading..

Saxo Markets has over 100 trading instruments to support all kinds of traders. These instruments are lively and convenient for both the new and experienced traders. The traders can put aside all their concerns when trading with 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 wil find a lot of alternatives to Saxo Markets.

What you should know about trading with Saxo Markets

Saxo Markets is a dynamic platform that provides various techniques of trading. These tools cover the monetary markets substantially. Most of the broker platforms offer fewer approaches than Saxo Markets

If you wish to exchange with Saxo Markets, you will require a minimum deposit of $6500. This deposit is compulsory if you want to start trading using Saxo Markets. This 2021 Saxo Markets review will guide you easily about trading with them.

Saxo Markets is as versatile as any other brokerage platform. Saxo Markets is ideal for traders who want a manageable range of cheap services. The programs provided by Saxo Markets are third party, white-label offerings. All traders may select from Mac, Web Trader, Tablet & Mobile apps.

Along with everything, Saxo Markets has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a transaction has to be kept open. The agents provide premium customer service that rewards clients with benefits.

Many unprofessional brokers try to pressurise users into larger funding for superior services. Saxo Markets, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the more advantages will come along.

Saxo Markets accounts are available all over the world and provides outstanding service everywhere 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:

BR, KR, IR, IQ, SY, JP, US

Is Saxo Markets Safe To Trade With?

Established in 2012, Saxo Markets has been in operation for 9 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 measures in place to keep investor's resources secured. This means that Saxo Markets users do not need to be worried about their money as it is segregated and safely kept in established banks. SSL encryption secures every user's private information as well.

You can make use of an option for Two Factor Authentications (2FA) with Saxo Markets for heightened security. An SMS for the verification code will be sent to a phone. You will be required to input this code to log in to your account.

Another concern with financial brokers with respect to security may be manipulation of trading. This is highly disadvantageous for users on those platforms. Nonetheless, this is more prevalent in the example of Market Maker brokers who compete with customers on the stage.

Saxo Markets Risk Disclaimer

Losses can exceed deposits

Pro's & Con's Of Trading With Saxo Markets

Every online trading platform has a few pros and cons 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 trusted by 10,000+ clients
  • Saxo Markets doesn't charge deposit fees
  • Saxo Markets doesn't charge CFD fees
  • Saxo Markets offers social trading
  • Saxo Markets offers copy trading
  • Saxo Markets offer trading on Mac, Web Trader, Tablet & Mobile apps
  • Saxo Markets offer 100 trading instruments
  • Saxo Markets trades major forex pairs
  • Saxo Markets trades minor forex pairs
  • Saxo Markets trades exotic forex pairs
  • Saxo Markets can communicate in English, and Chinese

Saxo Markets Con's

  • Saxo Markets does not offer Negative Balance Protection
  • Saxo Markets does not offer Guaranteed Stop Loss
  • Saxo Markets has high minimum deposit requirements
  • Saxo Markets charge withdrawal fees
  • Saxo Markets charge inactivity fees
  • Saxo Markets doesn't offer trading on cryptocurrencies
  • Saxo Markets doesn't offer trailing stop

Saxo Markets Review - Compare Brokers Similar To Saxo Markets

Saxo Markets First Trade City Index aaafx
Rating 4.38 / 10 5.86 / 10 4.23 / 10 5.25 / 10
Minimum Deposit $6500 $5 $25 $300
Year Founded 2012 2008 1983 2008
Headquarters Denmark USA UK United States
Regulated By Financial Conduct Authority (FCA) Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) HCMC (Greece), FSA (St Vincent & Grenadines)
Clients 10,000+ 10,000+ 14,000+ 60,000+
Find Out More
Risk Warning Losses can exceed deposits Your capital is at risk 74% of retail investor accounts lose money when trading CFDs with this provider Trading spot currencies involves substantial risk and there is always the potential for loss.

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 collection of rules for ensuring honest trading onto its platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).

In accordance with the organization's privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.

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 other awards to date.

Saxo Markets Trading Platforms

Saxo Markets are a reputable trading platform that has been operating for over 9 years. They offer a large range of options in their customer accounts.

Below we take the main parts of any good online trading platform and compare Saxo Markets against First Trade, City Index, and aaafx

Saxo Markets First Trade City Index aaafx
Demo Account Yes Yes Yes Yes
Proprietary Platform No
Windows App Yes Yes Yes Yes
Mac App Yes Yes Yes Yes
Linux App No No No No
Social Trading Yes No Yes Yes
Copy Trading Yes No Yes No
MetaTrader 4 (MT4) Yes Yes Yes Yes
MetaTrader 5 (MT5) Yes Yes Yes No
cTrader Yes Yes Yes No
DupliTrade Yes No Yes Yes
ZuluTrade No


Losses can exceed deposits


Your capital is at risk


74% of retail investor accounts lose money when trading CFDs with this provider


Trading spot currencies involves substantial risk and there is always the potential for loss.

Saxo Markets Review - Minimum Deposit Required

The minimum deposit that you need to begin on Saxo Markets is $6500. This is an adequate amount for people just starting out. It's possible to make more advanced residue as you cooperate. But, make certain 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 cause of this is that the companies of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the amount of customers they have.

But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of fees for this purpose.

The first kind of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In these instances, you are spending a spread, financing rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are people who are billed when you hold a leveraged position for longer than daily.

Aside from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake in your accounts. They're billed for services like depositing money, not trading for long periods, or withdrawals.

Generally, Saxo Markets does not charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who often trade, such as weekly or daily trading.

However, non-trading fees billed by Saxo Markets are comparatively higher. As a result, you are billed more for non-trading activities in your trading accounts, such as withdrawal and deposits. These are not related to the purchase and sale of assets.

This Saxo Markets review breaks down every one of the applicable non-trading charges for you in detail.

Compare broker fees against Saxo Markets

Saxo Markets First Trade City Index aaafx
Minimum Deposit $6500 $5 $25 $300
Withdrawal Fees Yes Yes Yes Yes
Inactivity Fees Yes No Yes Yes
Deposit Fees No Yes Yes No
CFD Fees No No Yes No


Losses can exceed deposits


Your capital is at risk


74% of retail investor accounts lose money when trading CFDs with this provider


Trading spot currencies involves substantial risk and there is always the potential for loss.

Saxo Markets Review - Withdrawal Fees Explained

Saxo Markets charges a withdrawal fee if you create a bank transfer. Every time you transfer money into your bank account, these withdrawal fees become applicable.

Withdrawal of money is possible at any time from your Saxo Markets account. It's possible to draw sums up to the amount of your account balance, keeping aside the perimeter used. 1 thing to remember is that you don't necessarily have to have any money on your accounts.

Moreover, the withdrawn money will be transferred directly to the accounts you use to create deposits. Thus, if you used a credit card for deposits, the withdrawn cash is going to be sent to the card. Saxo Markets will ask you to provide other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In case you're withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you're opting to draw in.

Saxo Markets Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of those buzzing questions which run through your head while open an account with Saxo Markets. An inactivity fee is an amount charged to registered dealers who haven't engaged in buying or selling for some time. The period regarded as inactive is decided by the agent.

The inactivity fee also differs from 1 agent to another and isn't generalized. If a dealers account does not have a buying or selling transaction, it's claimed by the broker as an inactivity fee. The traders need to pay this commission under conditions and terms they had consented while enrolling.

Saxo Markets charges an inactivity fee if you don't make any trades for a while.

Even if no fees are implied by Saxo Markets, it is best for you to close the account if you're inactive. Inactivity fees aren't just charged by brokerage companies but also many financial services.

For additional trading platforms, the inactivity fee is contingent upon the type of account you have selected. The inactivity fee is subjected to many circumstances and needs to be revealed clearly by the agent beforehand.

Saxo Markets Review - Deposit Fees Explained

When you transfer money into your trading account by your bank account, a deposit fee can be charged by the broker. Most agents don't charge too much money for this particular 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 on the Saxo Markets trading platform is easy. You simply need to finish a single-user profile survey to start depositing money into your trading account. You'll have to give an identity proof and proof of residency to deposit substantial amounts.

Saxo Markets Review - Compare Broker Deposit Methods

Saxo Markets First Trade City Index aaafx
Minimum Deposit $6500 $5 $25 $300
Credit Card Yes Yes Yes Yes
PayPal No No Yes Yes
Neteller No No No Yes
Skrill No No No Yes
Payoneer Yes Yes Yes Yes


Losses can exceed deposits


Your capital is at risk


74% of retail investor accounts lose money when trading CFDs with this provider


Trading spot currencies involves substantial risk and there is always the potential for loss.

What Can You Trade With Saxo Markets?

Note: Saxo Markets provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will differ depending 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, First Trade, City Index & aaafx below.

Saxo Markets First Trade City Index aaafx
Platforms Mac, Web Trader, Tablet & Mobile apps MT4, WEB MT4, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Instruments Available 100 101 12,500 100
Forex & Crypto
Forex Pairs Available 200 100 36
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? Yes No Yes Yes
Offers Exotic Forex Pairs? Yes No Yes Yes
Offers Cryptocurrencies? No No Yes Yes
Commodity CFD's
Commodities Offered 70 0 26 6
Trade Metals? Yes No Yes Yes
Trade Energies? Yes No Yes Yes
Trade Agricultural? Yes No Yes No
Indiced & Stock CFDs
Stocks Offered 19000 0 26 6
Trade UK Shares? Yes No Yes No
Trade US Shares? Yes Yes Yes No
Trade German Shares? Yes No Yes Yes
Trade Japanese Shares? No No Yes No


Losses can exceed deposits


Your capital is at risk


74% of retail investor accounts lose money when trading CFDs with this provider


Trading spot currencies involves substantial risk and there is always the potential for loss.

Reviewing The Saxo Markets Mobile App

Note: Saxo Markets's mobile app has a lot of functions and is being constantly developed. The table below was accurate at the time of compiling this Saxo Markets review.

Understand the capabilities of the mobile apps of Saxo Markets, First Trade, City Index & aaafx below.

Saxo Markets First Trade City Index aaafx
Basic Alerts / Push Notifications Yes Yes Yes Yes
Watchlists
Has A Watchlist Yes Yes No No
Watchlist Syncs Across Platforms No Yes No Yes
Indicators And Charts
App Indicators Yes Yes No No
Can Draw Trendlines No Yes No Yes
Can Move Trendlines Yes Yes No No
Has Multiple Timeframes No Yes No Yes
Saves Charts Yes Yes No No
Other Broker Mobile App Functions
Has Economic Calendars Yes Yes No No


Losses can exceed deposits


Your capital is at risk


74% of retail investor accounts lose money when trading CFDs with this provider


Trading spot currencies involves substantial risk and there is always the potential for loss.

Saxo Markets Customer Support

While collating our Saxo Markets review we understood the customer service options as well as response times. the Saxo Markets trading platform issue solution effectiveness. Saxo Markets support various languages including English, and Chinese.

Saxo Markets Live Chat Support

We tried the Saxo Markets and it works well. We sent messages to Saxo Markets livechat via their app and web site and received a response within 20 seconds. On Occasion there was no response.

We tried communicating with Saxo Markets support in a variety of languages across multiple countries. Saxo Markets were successful in resolving customers' issues.

Saxo Markets Phone Support

We phoned Saxo Markets and the call was answered very promptly. We were able to have the call answered in less than five to ten minutes.

The Saxo Markets phone support team were able to effectively address our questions and issues via phone. We tried the multilingual Saxo Markets team by calling them in various languages. Saxo Markets made efforts to ensure all of our questions were answered.

The overall phone support provided by Saxo Markets was satisfactory.

Saxo Markets Email Support

We sent several messages to Saxo Markets and answer times overall were excellent. The fastest email response time from Saxo Markets was 4 hours and the most slow response was 8 days! Sometimes there wasn't a response. Response times to support may differ for you at Saxo Markets, however, we've had the experience of sending out 10 emails at various times.

The team solved and responded to our queries. The overall average of email support provided by Saxo Markets was very good.

Alternatives To Saxo Markets

If, after studying this Saxo Markets review, they don't quite meet your needs check out these Saxo Markets alternatives.

We've scoured the web 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?

Yes, you can most certainly try Saxo Markets before you buy. Saxo Markets provides demo accounts for the ease of new traders. You can use this feature to build your faith in the system and yourself and your trading strategies.

If you register for a demo account on Saxo Markets, you will set out using a decent amount of virtual money. It's to establish a feeling of safety and confidence in you until you decide to invest your own money.

With this digital Saxo Marketsdemo account, you can experiment at all, to whatever length you wish. You might also open positions, test different trading strategies, and more.

Saxo Markets specifies on its official site that you are able to exchange real time stocks in a demo account.

Is Saxo Markets safe?

It is possible to drop all your worries because we believe that Saxo Markets is perfectly safe to use. It's in compliance with all the rules of Financial Conduct Authority (FCA).

Nevertheless, Saxo Markets doesn't provide 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 withSaxo Markets is perhaps simple enough to be a cakewalk. 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.

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 the nuances of online trading before you set out and trade with real money.

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 a number of methods to finance your account with Saxo Markets. The process is effortless and quick, with various payment methods at your fingertips.

You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must bear in mind that PayPal isn't available in all place. The currencies Saxo Markets

Is my money safe with Saxo Markets?

Yes, your money is safe and protected with Saxo Markets. As you know, Saxo Markets works with proper conformation to. It's established plenty of measures to protect all its own investors.

Saxo Markets safeguards its customers' personal and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.

If you want to further safeguard your accounts, you can enable Two-Step Verification as well. It requires an SMS confirmation for you to get your account.

Is Saxo Markets trading good?

Yes, trading through Saxo Markets is a nice and good experience indeed. It is a great and intuitive platform with helpful features for your simplicity. In addition, you could also obtain access to a vast selection of educational tools and assistive material to kickstart your trading experience.

If you are still skeptical, you can start a eToro demo account and assess the trustworthiness of the platform on your own.

Which Countries does Saxo Markets support?

Saxo Markets operates across the world. However, due to regulations there are some countries that Saxo Markets can't accept clients resident in BR, KR, IR, IQ, SY, JP, US

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 Markets is a great agent, and its users can vouch for it. The highlight of this platform is its fast order execution on transactions.

You will find the clean design of this platform and the commendable features that a pleasure 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 reaffirm their trustable 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 the 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 customers and over 9 years of experience on its record. They are among the world's leading trading platforms and also a dominant figure in the Fintech revolution.

It simplifies this status to its incredible platform and broad range 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?

Through Saxo Markets, many traders make a great deal of cash. However, on average, through consistent trading, you also can create between 2% - 10% profit a month.

This may seem like a little number, but within the year, this adds to a substantial number of gains. While Saxo Markets provide you all the tools to make money, they can't guarantee you will profit.

Does Saxo Markets have fees?

Yes. To begin trading with Saxo Markets, you need to deposit $6500. Certain commissions while trading also apply. Any processing fees from your bank will have 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+ clients.

Where is the Saxo Markets head office?

Saxo Markets has its head office in Denmark

Does Saxo Markets offer negative balance protection?

No. Saxo Markets doesn't offer negative balance protection. If your balance is unfavorable, Saxo Markets indicates you promptly contact customer services. With this, you are able to correct any imbalances within your own account.

Does Saxo Markets offer guaranteed stop loss?

Saxo Markets regrettably, does not offer guaranteed stop loss. Saxo Markets gives a chance to its traders to close their trades at their given price. Apart from this, Saxo Markets doesn't offer guaranteed stop loss.

Does Saxo Markets allow scalping?

Yes, Saxo Markets do permit scalping. Several traders throughout the world select Saxo Markets due to their services that are trading. They offer trading on Mac, Web Trader, Tablet & Mobile apps which allow 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 virtual portfolio accounts so you can learn their systems before risking any real capital. Inexperienced traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of Saxo Markets's features before getting a live account.