Min Deposit
$0
Spread From
0.4 pips
Max Leverage
1:30 (EU/UK retail)
Founded
1992
About Saxo Bank
Saxo Bank is a fully licensed Danish investment bank offering premium multi-asset trading across forex, stocks, bonds and options through its polished SaxoTraderGO and professional-grade SaxoTraderPRO platforms.
Account Types & Pricing
| Account | Min Deposit | Spread | Commission | Leverage |
|---|---|---|---|---|
| Standard | $0 | 0.4 pips | None | 1:30 (EU/UK retail) |
| Raw/ECN | $200 | 0.0 pips | $3.5 per lot side | 1:30 (EU/UK retail) |
| VIP/Pro | $2000 | 0.0 pips | Reduced/rebated | 1:30 (EU/UK retail) |
Pros
- + Bank-level regulation and client fund security
- + Extremely wide instrument range
- + Polished, professional platform suite
Cons
- - Higher account tiers needed for best pricing
- - Platform depth can overwhelm beginners
Frequently Asked Questions
Is this broker regulated?
Yes, this broker is regulated by one or more recognized financial authorities. Always verify the specific regulated entity that will hold your account before depositing funds.
What is the minimum deposit?
The minimum deposit varies by account type. See the pricing tiers above for account-specific minimums.
What trading platforms are supported?
This broker supports the platforms listed above, typically including MetaTrader 4 and/or MetaTrader 5 alongside any proprietary web or mobile apps.
Can I open a demo account?
Most brokers, including this one, offer a free demo account funded with virtual currency so you can test strategies risk-free before trading live.
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