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Broker ratings
  1. Home
  2. /Broker Ratings
  3. /Saxo Bank

Saxo Bank

Stocks
Forex
CFD
8.9/ 10

Broker score

UNUM

  • Regulation10
  • Terms & fees7
  • Platform & services6
  • Fund safety10
  • Customer support7
$0Minimum deposit
from 0.6 pipsSpreads from
$1 min (US stocks Classic)Commission / lot
1:30 retail / 1:66 proMax. leverage

Features

Demo account

Free

Balance protection

Negative balance

Mobile app

iOS and Android

Description

Who it suits

Saxo Bank is the best choice for affluent investors and multi-asset traders who need a single account for real stocks, ETFs, bonds, forex, options, futures, and CFDs with bank-grade security. It is not suitable for retail forex traders with small capital (custody fees weigh heavily on small portfolios), algo traders (no MetaTrader), or those seeking a low entry threshold.

Briefly about the broker

Premium broker · Denmark

Trading conditions

Saxo Bank offers three account tiers. Classic Account: $0 min. deposit (in most regions), forex spreads from 0.6 pips, stocks from $1 minimum commission (US), annual custody fee for holding stocks/ETFs/bonds. Platinum Account: $200,000 min. deposit, forex spreads from 0.4 pips, reduced commissions (-30% vs Classic), dedicated relationship manager, priority execution. VIP Account: $1,000,000 min. deposit, best pricing in the system, SaxoTraderPRO included, personal dealer, exclusive events. Demo account available. No MetaTrader. No inactivity fee. Minimum withdrawal $1,000. Real stocks, ETFs, and bonds (not CFDs) are available.

Platforms and tools

Main focus — SaxoTraderPRO, SaxoTraderGO (Web/Desktop), SaxoTraderGO Mobile, SaxoInvestor.

Account conditions and trading types Saxo Bank

Classic

Min. deposit
$0
Spread from
from 0.6 pips
Commission per lot
$1 min. (US stocks)
Leverage
1:30 retail

Platinum

Min. deposit
$200,000
Spread from
from 0.4 pips
Commission per lot
Reduced vs Classic
Leverage
1:66 pro

Primary (catalog hero)

Min. deposit
$0
Spread from
—
Commission per lot
—
Leverage
—

VIP

Min. deposit
$1,000,000
Spread from
from 0.2 pips
Commission per lot
Institutional pricing
Leverage
1:66 pro

Account conditions and trading types Saxo Bank

Account typeMin. depositSpread fromCommission per lotLeverage
Classic$0from 0.6 pips$1 min. (US stocks)1:30 retail
Platinum$200,000from 0.4 pipsReduced vs Classic1:66 pro
Primary (catalog hero)$0———
VIP$1,000,000from 0.2 pipsInstitutional pricing1:66 pro

All materials on the website are provided for informational purposes only and do not constitute investment advice. Data on spreads, commissions, and terms (including rebates and promotions) may vary depending on the region, account type, and registration; therefore, the administration does not guarantee their accuracy and is not liable for users' decisions.