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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 5482)

Web-site: SaxoBank

Author of SaxoBank: Pimentel | Date 2015-12-17
I only go long with a hedge. That’s why Saxo Bank is perfect for me. I couldn’t stand mucking around with the investors looking for a quick profit. Investing take sound research and proper tools. That’s what I get from Saxo Bank.
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Author of SaxoBank: Tre | Date 2015-12-04
I have experience with too much slippage to make trading profitable. I also see allot of unusual activity.
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Author of SaxoBank: rcabezas | Date 2015-12-03
The platform got frozen today & I wanted to exit profitable deals.
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Author of SaxoBank: gali | Date 2015-12-02
. They closed my account 5 weeks ago and my wired funds appear to be lost in 'cyber space' and no one gives a rat arise
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Author of SaxoBank: canada fxtrader | Date 2015-11-30
I have trouble in filling my orders for this date, my platform was frozen for about 2 minutes. Aren't they reliable? I thought they claimed that they are the best but what happened now?
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Author of SaxoBank: Naidiuh | Date 2015-11-22
I lost 200$ for 7 days and no guide at all.. No return money on trial. Its totally lost and nothing..i dont think this trading investment is fair. Its controllable by computers. I guest this is my last time to be scammed.
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Author of SaxoBank: ikyveg | Date 2015-11-22
I got no fast response from this broker. . I hope this company would train their supports.
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Author of SaxoBank: Andrew | Date 2015-11-11
One of the finest and biggest brokers before CFH crush, but now very poor service, big slippages and a lot of other tricks in their pockets. My friend also had an a/c with them and told me about their freezing games with his platform. Now I’m trading with true ECN broker and happy with that. If you had such problems, I'm ready to help, my skype is vovkfx.
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Author of SaxoBank: Gartenberg | Date 2015-11-05
Please stay away from Saxobank. It is the worth broker ever. It takes only few second to deposit your account, but it is extremely difficult to withdraw cash from your account. I withdrawn my money last week, but I haven't got any money so far. I am not sure if I would get it. The platform is horrible, too many errors and delay. I have experienced an error such as "internal server error". You cannot place an order, cancel an order or even change your stop loss, unless you sign out and sign in again.
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Author of SaxoBank: manish | Date 2015-11-04
After chat with their representative, the told me they can do nothing but I can restore password and/or download trading stations again.
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