fbpx
  • SAXO Capital Markets Broker Review

    Saxo Capital Markets is an FCA Regulated forexCFD and spread betting broker. Saxo Capital Market offers an access to traders major markets like currenciesindicescommodities and shares. For traders interested in cryptocurrencies like Bitcoin, Saxo Bank is among one of the few brokers that offer cryptocurrency CFDs to its clients.

    To open a live account with Saxo Bank, you’ll need a minimum deposit of at least $2000. Alternatively, Saxo Bank offers a demo account that you can use to practice and familiarise yourself with their platform.

    Saxo Capital Markets Review

    Saxo was established in 1992, although the UK brokerage is not a bank (it's called Saxo Capital Markets). Saxo offer DMA (direct market access) to stock, futures and options and have their online trading platform. They mainly cater for experienced investors.

    Visit Saxo Website

    Visit Saxo Capital Market WebsiteSaxo Client Reviews
    Trading PlatformsSaxo TraderGo & SaxoTraderPRO
    Saxo UpdatesComing Soon
    Min Deposit$2,000
    Saxo Account TypesCFDs, Forex, Stocks, Options, ETFs, ISA & SIPP and Prime Brokerage
    Spread TypesFixed or variable
    Funding MethodsCards, Bank transfer, Stock transfer
    Customer SupportPhone, email, messenger (very professional and experienced staff)
    Execution TypeSTP, Hedged, DMA, Internally matched
    UK 100 Pricing0.8 points
    Germany 30 Pricing1 point
    Wall Street Pricing1.4 points
    Bitcoin PricingCrypto ETFs
    Ether PricingCrypto ETFs
    EURGBP Pricing0.6 points
    EURUSD Pricing0.6 points
    GBPUSD Pricing0.6 points
    Gold Pricing0.12 points
    Oil Pricing5 points
    Stock Pricing0.10%
    FCA RegulatedYes - See status
    Year Established1992
    Active Clientsn/a
    Markets available35,000+
    Retail AccountsYes
    Professional AccountsYes
    Listed PLCNo
    Country FoundedDenmark
    Inactivity Fee$100 after 6 months
    What are the Overnight Financing Rates2.5% +/- Libor
    Educational MaterialYes
    Office Locations21

    Saxo Markets (Saxo Bank) FAQs

    Does Saxo Markets accept Paypal?

    Saxo Markets does not accept Paypal

    Does Saxo Markets accept Neteller?

    Saxo Markets does not accept Neteller

    Does Saxo Markets accept Skrill?

    Saxo Markets does not accept Skrill

    Does Saxo Markets offer Islamic accounts?

    Saxo Market offer Islamic accounts

    Does Saxo Markets allow hedging?

    Saxo Markets does not allow hedging

    Does Saxo Markets allow scalping?

    Saxo Markets does allow scalping

    Does Saxo Markets offer ECN accounts?

    Saxo Markets offer ECN accounts

    Does Saxo Markets offer micro accounts?

    Saxo Markets does not offer micro accounts

    Does Saxo Markets offer Cryptocurrencies?

    Saxo Markets offer Cryptocurrencies (See brokers that offer Cryptocurrencies here )

    Does Saxo Market offer Ethereum?

    Saxo Markets offer Ethereum (See brokers that offer Ethereum here )

    Does Saxo Markets offer MT4 trading platform?

    Saxo Markets does not offer MT4 (See MT4 brokers here )

    Does Saxo Markets offer MT5 trading platform?

    Saxo Markets does not offer MT5 (See MT5 brokers here )

    Does Saxo Markets offer Spread betting accounts?

    Saxo Markets does not offer Spread Betting accounts (See Spread Betting brokers here)

    Does Saxo Markets offer negative balance protection?

    Saxo Markets offer negative balance protection due to ESMA regulation.

    Does Saxo Markets provide education material?

    Saxo Markets provides various trading education in various formats under their insights section.

    • Videos
    • Webinars
    • Seminars
    • Trading analysis

    Saxo Markets (Saxo Bank) Charges

    What are the general fees of trading with Saxo Markets (Saxo Bank)?

    • Saxo Capital Markets doesn’t charge inactivity fees* (please check the website for the latest updates)
    • Saxo Capital Markets doesn’t charge withdrawal fees* (please check the website for the latest updates)

    What are the overnight fees & swap rates for long and short positions?

    • The rollover fee for long positions on EUR/USD is $0.0264
    • The rollover fee for short positions on EUR/USD is $0.0082

    Does Saxo Markets (Saxo Bank) charge commissions?

    • Saxo Capital Markets does charge commission on CFD shares

    What are the main advantages opening an account with Saxo Capital (Saxo Bank)?

    Main advantages:

    • Allows scalping
    • Mini account
    • ECN account
    • Segeregates client funds
    • Regulated by Financial Conduct Authority

    TradeMoneta Featured Brokers

    ImageRegulatorFX ProductsSpreadsMore infoRisk warning
    PepperstoneFCAEUR/GBP
    USD/JPY
    GBP/USD
    EUR/USD
    1 pip
    1 pip
    1.1 pips
    1 pip
    Visit Broker
    79% of retail
    investor accounts
    lose money when
    trading CFDs
    with this provider.
    OANDA broker
    FCA, ASIC, CySECEUR/GBP
    USD/JPY
    GBP/USD
    EUR/USD
    1.4 pips
    1.2 pips
    1.5 pips
    1.3 pips
    Visit Broker
    80.6% of retail
    investor accounts
    lose money when
    trading CFDs
    with this provider.
    IG broker
    FCA, ASIC, CySECEUR/GBP
    USD/JPY
    GBP/USD
    EUR/USD
    0.9 pips
    0.7 pips
    0.9 pips
    0.6 pips
    Visit Broker
    79% of retail
    investor accounts
    lose money when
    trading CFDs
    with this provider.
    cmc markets broker
    FCA, CySEC, ASICEUR/GBP
    USD/JPY
    GBP/USD
    EUR/USD
    1.1 pips
    0.7 pips
    0.9 pips
    0.7 pips
    Visit Broker
    78% of retail
    investor accounts
    lose money when
    trading CFDs
    with this provider.


  • arrow