Saxo Bank provides forex and multi-asset access through SaxoTrader, with a separate SaxoInvestor platform for simpler investing. Its advanced tools and broad product range may suit experienced traders, while local pricing, eligibility, and protections depend on the Saxo entity serving each country.
Open Account at Saxo Bank →Saxo Bank is a Danish investment bank and multi-asset broker offering forex alongside CFDs, shares, options, futures, bonds, and other products. SaxoTrader is its advanced platform for leveraged products and detailed trading tools; SaxoInvestor is a simpler platform for investing. Product availability and account terms depend on the client’s country and account entity, so this Saxo Bank review should be read alongside the local terms.
Saxo’s UK forex page lists indicative minimum spreads by currency pair, shows no minimum funding for the displayed UK offer, and says prices can vary according to country of residence. Its UK spreads-and-commissions page describes a fixed USD 3 charge on trades below 50,000 units of base currency, with variations possible. Overnight FX rollover and financing can also affect holding costs, and tighter pricing depends on account tier and activity. Check the relevant local schedule and trade ticket for the actual cost of a planned trade.
SaxoTrader is available on web, mobile, and desktop and supports forex, advanced charting, risk controls, APIs, and integrations including TradingView and MultiCharts. SaxoInvestor is also available, but Saxo describes SaxoTrader as the platform with its full product range, including leveraged products. A demo account can help users evaluate the workflow before funding.
Saxo Bank A/S is supervised by the Danish Financial Supervisory Authority and holds a Danish banking licence. Saxo says the wider group also holds a banking licence in Switzerland and financial licences in the UK, Singapore, Italy, and Japan. Which legal entity contracts with a client, and what client-money or investor protections apply, depends on residence and product; verify the local licence details and account documentation before applying.
Saxo’s UK forex page lists indicative minimum spreads by pair, including 0.7 pips for EUR/USD, and says there is no minimum funding on that page. Its UK spreads-and-commissions page states a fixed USD 3 charge for trades below 50,000 units of base currency, with variations possible. Pricing is country- and tier-specific; rollover and other financing charges can also apply, so check the local schedule and live trade ticket.
SaxoTrader is the advanced platform for forex and other leveraged products, with web, mobile, and desktop versions, charting, risk tools, and integrations including TradingView and MultiCharts. SaxoInvestor is a separate web and mobile platform focused on investments such as stocks, ETFs, funds, and bonds. Platform features and product access can vary by region.
Saxo Bank A/S says it is supervised by the Danish Financial Supervisory Authority and has held a Danish banking licence since 2001. The group also lists banking authorisation in Switzerland and financial licences in the UK, Singapore, Italy, and Japan, each supervised locally. The Saxo entity, investor protections, and products available to you depend on residence; check the local licence and account documents.
Their UK pages show different strengths: Saxo lists 185+ FX pairs and offers SaxoTrader with OpenAPI, TradingView, and MultiCharts integrations, while CMC Markets lists more than 300 FX pairs and offers Next Generation, MT4, and TradingView in supported accounts. CMC’s UK FX Active schedule advertises minimum spreads from 0.0 pips on six major pairs plus commission; Saxo’s displayed UK spreads and commission schedule uses different pricing and account tiers. Pair counts, tools, and prices are regional, so compare the account available to you and calculate spread, commission, and rollover together.
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