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SaxoBank review
SaxoBank


On-line since: 1999
Country of origin: Denmark
Regulation: Saxo Bank is an officially registered European bank
Payment options: Wire transfer
Minimum account size: $2,000
Minimum lot size: 1 lot
Leverage: 1:100
Spreads: 2 pips on EUR/USD

About the company:

SaxoBank was founded in 1992 by the Danish businessman. Originally the Company was called Midas, but it was changed to SaxoBank at the time the bank obtained its European license for banking in 2001.

SaxoBank specializes in online investments at the international capital markets and provides its clients with opportunity to trade with the wide range of financial tools, such as currencies, contracts for difference, futures, options and other derivatives, the Bank renders services on trust management also.

The trading is carried out online with the help of SaxoTrader program, which is the proprietary of the Bank. The thousands of investors and traders from more than 100 countries of the world are clients of the Bank. The client servicing is conducted from the Headquarters of the Bank in Copenhagen, and also from 12 offices, situated in the largest cities of the world.

SaxoBank 9/10 (votes 5481)

Web-site: SaxoBank

Author of SaxoBank: Andrew | Date 2013-04-19
They are such a good broker for a regular trader like me and I really like trading with them because they provide me such a good guidance with my trade.
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Author of SaxoBank: Marajulia | Date 2013-04-18
I have been trading with them for quite a while. Trading platform not bad, although sometimes during the news, prices disappear not to mention you cannot place stop loss orders.
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Author of SaxoBank: kadshar | Date 2013-04-18
I have experienced it myself. If you leave your trades open for too long, you will experience these "mystery spikes" that will force you into a margin call. Do a quick search before you open a live account with this company
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Author of SaxoBank: fx mistress | Date 2013-04-17
More than a year using this broker. Fast execution, good response from customer support.
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Author of SaxoBank: Disney FX | Date 2013-04-14
They are good with deposits and withdrawal methods and their platform are reliable most of the time.
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Author of SaxoBank: ELezer_50 | Date 2013-04-14
The problem with this broker is constant slippage, my order was filled when the price clearly should not have triggered.
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Author of SaxoBank: AHmeLIna | Date 2013-04-13
It took two days to open my account once they managed to verify the documents I submitted to them. It seems they are strict on compliance hence I could not starts trading on that day.
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Author of SaxoBank: Alice Forex | Date 2013-04-08
I have been a customer of Saxobank for over 3 years and I can honestly say that I have never experienced any problem with them. They are guiding me all throughout my trading :)
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Author of SaxoBank: hessan | Date 2013-04-06
I am fairly new to trading forex and from what I can tell this is a very good broker. I have read nothing but great things about this broker and their helpful 24/5 chat support really helped me get started with trading, which I'm most grateful for! You guys are great!
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Author of SaxoBank: Woody FX | Date 2013-04-06
when I opened a position they close it by margin call with a very high rate that never exist at this time.
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