Saxo Bank Review 2026
Saxo Bank is a Danish investment bank offering online trading and investment across 40,000+ instruments including stocks, forex, CFDs, bonds, ETFs, and futures. Known for its institutional-grade platforms, comprehensive research, and multi-asset capabilities, Saxo Bank caters to sophisticated investors and active traders worldwide.
Pros & Cons
Pros
- Access to 40,000+ global instruments
- Institutional-grade trading platforms
- Excellent research and analysis tools
- Strong European banking regulation
- Professional client offering with higher leverage
Cons
- High minimum deposit ($2,000)
- Quarterly inactivity fee for small accounts
- Premium pricing structure not for casual traders
- Complex platform learning curve
- Limited US client access
Fees & Commissions
| Fee Type | Cost |
|---|---|
| Stocks | From $3 per trade |
| Forex | From 0.4 pips |
| CFDs | Variable spreads |
| Futures | From $1 per contract |
| Options | From $1.50 per contract |
| Inactivity Fee | $100 quarterly (under $10k balance) |
| Deposits | Free |
| Withdrawals | Free |
Features
Platforms
Deposit & Withdrawal
Maximum Leverage
| Market | Max Leverage |
|---|---|
| Forex | 1:200 |
| Stocks | 1:5 |
| Indices | 1:20 |
| Commodities | 1:20 |
Availability
Saxo Bank is available in the following countries:
Denmark, United Kingdom, Singapore, Australia, Switzerland, France, Germany, UAE, Hong Kong
Frequently Asked Questions
The minimum deposit to open an account with Saxo Bank is $2,000 USD. This makes Saxo Bank best suited for serious traders with larger capital.
Yes, Saxo Bank is regulated by FSA (Denmark), FCA, ASIC, MAS and FINMA. Having multiple regulatory licenses provides additional security and trust for traders.
Saxo Bank offers trading in stocks, forex, CFDs, options, futures. Key features include advanced charting, api trading, demo account.
Saxo Bank supports web, desktop, ios and android platforms. The web platform allows you to trade from any browser without downloading software. Mobile apps are available for trading on the go.