Saxo Bank Review

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Company overview

Saxo Bank is counted among the largest retail brokers that you can expect to find. It is a force to be reckoned with when it comes to forex trading. Being a heavily regulated broker in a number of countries, it certainly stands tall in the field. It essentially belongs to Denmark and is among the oldest of ECNs which are available to retail clients along with institutional traders. The number of markets that can be accessed via it will leave you impressed.

Trading platform

Different trading platform choices are offered by the company. Its standalone trading platform is the SaxoTrader 2.5. Another option is the web-based version, which is the SaxoWebTrader 2.5. It also offers you a mobile platform, SaxoMobile Trader, which can be accessed from both Android as well as iOS devices.

It offers you an impressive commission depending on how big your account is. The spreads are floating.

Features

  • Variable spread which keeps the spread tight
  • Various trading platforms which are well-known and reliable
  • Allows access to numerous markets around the world as well as different types of products. These include 160+ FX pairs, over 7,000 CFDs, 21 index-tracking CFDs, ETFs, stocks, FX options, futures, and other derivatives
  • Completely segregated funds
  • Accounts can be funded via bank wire or credit card, while withdrawing is done in reverse
  • Minimum to open an account is USD10,000
  • Americans are not allowed to trade with Saxo

Customer service

Saxo Bank strives to ensure that its clients are offered every bit of assistance that they require. You can be assured that you will not be without guidance if you work with this company. It has years of experience and uses its knowledge to offer its clients the best support possible. It can be reached out to via phone and live chat. You can contact it 24 hours a day during forex market hours. It is highly responsive and would not keep you hanging.

Conclusion

Reliability and dependability are not the kind of things that you will have to ponder upon when it comes to this company. You will find plenty of its former clients who will vouch for the impressive service that it offers. It offers you just the kind of assistance you need. It can be deemed as a packed value broker that would provide you with guidance and a professional setting to establish yourself in the world of forex trading. It provides you with an opportunity to make use of a number of markets. It is known to be honest in its conduct and strives to ensure that its clients are given the best deals possible. It is one of those companies that would not let you down in any regard and make it certain that you get more than what you bargained for. Its impressive features along with admirable services make it certain that you do not get a reason to complain. It is one of those few companies that strive to attain perfection in their conduct.

Office website: https://saxobank.com/

1 COMMENT

  1. Saxo bank is a market maker with typical trading conditions, but solid license, that will make you trading more secure, but not easier. Besides it, they have a company on Cyprus, so many clients trade with branch, that makes trading even more risky. Moreover, It’s the only broker that make its clients to pay after Swiss shock. I advise to choose not only regulated brokers, but also ECN, without conflict of interests. If you don’t know what companies to choose, add me in skype, vovkfx, i will help you to solve this problem.

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