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This web resource is meant for accomplished traders who are interested in changing their broker and also beginners who are in search of their first broker. Every visitor to ForexRating can compare forex brokers available in the market nowadays and choose the best company to suit their needs. Apart from a comparative analysis of forex brokers, the web resource contains an honest rating of forex brokers which are ranked entirely on the grounds of your votes. By ForexRating, you can judge a degree of trust that traders put in a particular forex broker.

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SaxoBank reviews

7/10 (votes 12622)

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On-line since: 1999
Country of origin: Denmark
Regulation: Finanstilsynet (The Danish FSA)
Payment options: Credit/debit cards, Wire transfer
Minimum account size: $10,000
Minimum lot size: 0,1 lot
Leverage: 1:20, 1:100, 1:200
Spreads: 2 to 3 pips on EUR/USD

SaxoBank is a leading brokerage company founded in 1992 by entrepreneurs from Denmark. Initially the company was called Midas, but it was renamed in 2001 after receiving the European banking license.

Today SaxoBank specializes in online trading in international capital markets. The company's customers have an opportunity to use a large number of financial instruments such as currencies, CFDs, options, futures, and other derivatives. In addition, the broker provides professional trading services to its investors.

Trading at SaxoBank is conducted through the SaxoTrader platform developed by the company’s specialists. SaxoTrader features a series of tools that optimize trading process.

SaxoBank head office is located in Copenhagen, Denmark. The company has offices in major cities of the world, including London, Paris, Istanbul, Geneva, Singapore, Sydney, Johannesburg, Tokyo, Madrid, Abu Dhabi, Prague, Milan etc. Traders and investors from more than 100 countries use services of this company.

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Comments about broker

Jhonno trader

review SaxoBank

14-03-22

Have been trading with SaxoBank and satisfied with their services quality. They have the best trading platforms, fast execution and low spreads. It's so easy to reach their customer support because they are always available when I need help and they always solved my trading issue immediately that manage to make my trading so smooth. So far, I'm enjoying my trading with SaxoBank and I still continue my trading with SaxoBank.

Nicole trader

review SaxoBank

18-11-21

I am having the best trading experience at SaxoBank. I've had experiences with other broker before and they were all terrible. Finally, I now found a company that would really give me the trading conditions that I want.

PaulFx trader

review SaxoBank

08-07-21

I have enjoyed the SaxoTrader with the SaxoBank broker. I have found the fastest execution in the live market. As I can be open a deal at the accurate position or where I want to set. I have established an EA, which works well and given me $260 so far. They have regulations from the Swiss National Bank, so their payment proceeds within two working days via bank transfer. So I am satisfied with SaxoBank broker.

Hendry trader

review SaxoBank

17-06-21

Currently SaxoBank become my favorite broker because I’m satisfied with their service provided for me. It has been 2 years I’m joining them after I left previous broker because of their platform that always freeze during trading activity. So far SaxoBank provide me with stable trading platform and fast speed execution that can take all my orders instantly. I like their spread which start from 1 pips for EUR/USD and if it widen it can be reach only 3 pips and for me it still can be accept. In fact trading with interactive broker I can generate profit average $500-$900 per month with $10000. Transaction for deposit and withdrawal always on time which is it took only 1 hour for deposit and 6 hours for withdrawal via bank wire. Overall SaxoBank is reliable broker and they are recommended broker.

Mhyze trader

review SaxoBank

03-03-21

Yesterday, I made a withdrawal request of $1200. I was able to make this much profit from my trading activities and I must give credits to the broker as it will not be possible without their excellent platform and tools. Today, I was able to receive the money already. Definitely, transactions with this broker is efficient.

Diclaim

Trading in the foreign exchange market and using leverage involve considerable risks and may cause a partial or complete loss of funds.

Make sure you possess sufficient skills and experience for this activity and are aware of possible risks.

SaxoBank reviews

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