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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: Fas | Date 2015-11-03
After several chat i had same point , search for marketing department they have my contacts and never asked for me.
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Author of SaxoBank: Simba | Date 2015-11-03
I have NEVER traded on its platform myself as there are just too many negative reviews on this broker. Slippage, disconnection, inability to close positions, problem with withdrawal etc...
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Author of SaxoBank: Teddy | Date 2015-10-27
Stay away from SAXO! They've already ruined so many lives!
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Author of SaxoBank: dt3720 | Date 2015-10-26
I was intrigued by the name and decided to check their offer. However, I was very disappointed after reading all the negative reviews here.
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Author of SaxoBank: Denise | Date 2015-10-26
I traded at Saxo in the first few months of 2012. I stopped there after 3 months. When I think of Saxo I think requote. And I have seen to many times that they let their price miss my take profit order while the underlying market had made a bigger move. Their spread is also not competitive. I recommend this broker to my enemy only
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Author of SaxoBank: Saenz | Date 2015-10-20
i have been using this platform for a few months for now. so far everythings is okay and there are very easy to use. i would say this is the most easiest platform for forex trading. however the spreads are still too high for mini account.
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Author of SaxoBank: Warren | Date 2015-10-20
I traded at Saxo in the first few months of 2012. I stopped there after 3 months. When I think of Saxo I think requote. And I have seen to many times that they let their price miss my take-profit order while the underlying market had made a bigger move. Their spread is also not competitive. I would recommend this broker to my enemy only
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Author of SaxoBank: Eyecandy | Date 2015-10-06
The spreads are very large at news times. Their platform freezes a lot of times which prevents you to execute or change open trade and off quote for several minutes.
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Author of SaxoBank: Jeanette | Date 2015-09-27
I manage a large industrial account. I find Saxo Bank's resource aligned with the needs of my corporation's industrial investment needs.I would strongly recommend Saxo Bank
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Author of SaxoBank: Davidson | Date 2015-09-17
I joined Saxo Bank six months ago. I don’t have too much to say other that I’m really impressed with the research and that I’d have liked there to be a bonus, given the amount of money I needed to invest.
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