|Minimum Trade Size:||0.01|
|Minimum to Open Live:||$10,000|
|Address:||Philip Heymans Alle 15, Hellerup, 2900, Denmark|
|Contact:||+48 222 755 570|
|Regulators:||ASIC #126 373 859, CNB #28949587, DFSA #1149, Bank of France #483632501 R.C.S. Paris, SFC #1395901, CONSOB #296, FSA #239, DNB #34357130, MAS #200601141M, FINMA #CHE-106.787.764, Central Bank #2017/995/13, FCA #551422|
|Trading platforms:||SaxoTraderGo, SaxoTraderPRO|
|CFD:||(19000+) Gold, Silver, Stocks, Stock Indexes, Bonds, Oil, Other Commodities|
|News Spike Trading:||Yes|
|Deposit Methods:||Bank Wire, VISA, MasterCard, Securities transfer|
|Withdrawal Methods:||Bank Wire, Transfer to Existing Broker|
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Frequently Asked Questions
The minimum fund to open a Saxo account varies depending on the account type you want to open.
- Classic account is $10,000
- Platinum account is $200,000
- VIP account is $1,000,000
Saxo offers trading access to a number of assets on Saxo Trader. Saxo Trader is the trading platform of Saxo. There are 2 versions of Saxo Trader.
Saxo does not offer MetaTrader (MT4) platform. SaxoTraderPRO and SaxoTraderGO are their trading platforms.
To withdraw funds from your Saxo account, please follow the steps below:
- In SaxoTraderGO: Click Account > Deposit and Transfer > Withdraw funds
- In SaxoTraderPRO: Click Menu > Deposit and Transfer > Withdraw funds
Saxo only allows withdrawals to accounts that have been verified to belong to you.
A collection of unbiased traders reviews on ForexPeaceArmy is the best resource to provide you with a good insight to determine whether Saxo is a good and reliable broker. https://www.forexpeacearmy.com/forex-reviews/149/saxo-forex-brokers
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we'd recommend to check recent Saxo community discussions: https://www.forexpeacearmy.com/community/tags/saxo/