Saxo Bank is certainly worth considering if you’re looking for a reliable and trustworthy online broker. They offer a wide range of services and have been in business since 1992. In this review, we’ll take a closer look at Saxo Bank as a whole and see what they have to offer investors.
Saxo Bank Overview
Saxo Bank is a full-service online broker that was founded in 1992. They offer several different account types, including regular trading and retirement accounts, as well as options for forex trading and investing in commodities.
They also have a wide range of educational resources to help investors start trading or learn more about the markets. Overall, Saxo Bank (サクソバンク) is a reputable and well-established broker that can help you take your investment strategies to the next level.
Why Choose Saxo Bank?
There are several reasons why this broker stands out from the crowd. First, they offer high-quality customer support – including 24/7 phone service and multiple email addresses for contacting different departments.
Second, they have many trading tools, including real-time market data, analysis software, and even automated trading bots.
And third, they offer competitive pricing with low fees and transparent pricing models that make it easy to understand what you are paying for.
List of Instruments and Services Available
Saxo offers a range of financial instruments for both retail and institutional clients. They include Forex, stocks, CFDs, futures, funds, bonds, and future spreads. They are available for trading on their bespoke trading platforms, SaxoInvestor, SaxoTraderGO, and SaxoTraderPRO.
Institutional clients such as banks, brokers, fund managers, money managers, and family offices also make up Saxo’s clientele. Some of their institutional services include portfolio management, direct market access to optimized liquidity pools, white label solutions, an Introducing Brokers program, and multi-asset trading.
The Company’s History
Saxo Bank has been in business for 30 years, founded in 1992 by Lars Seier Christensen, Kim Fournais, and Marc Hauschildt. The investment bank obtained a banking license in 2001.
In these years, Saxo has built a reputation as a trusted and reliable broker in the industry. They have received numerous awards and accolades, including being named the ‘Best Online Trading Platform’ by Shares Magazine for several years.
Saxo Trading Platforms
Saxo Bank offers various platforms on desktop and on mobile, including SaxoInvestor, SaxoTraderGO, and SaxoTraderPRO.
SaxoInvestor is the bank’s primary platform. Traders can access stocks, mutual funds, ETFs, and bonds. They can also identify new opportunities by viewing trending investment themes. It is available on mobile, tablet, and desktop.
SaxoTraderGO is a more advanced, award-winning platform with a more extensive tool set, charting package, and performance analysis. Traders can access stocks, mutual funds, bonds, Forex, CFDs, futures, commodities, Forex options, listed options, trading strategies, and managed portfolios. It can be accessed on mobile and desktop.
Finally, SaxoTraderPRO is the bank’s fully customisable, professional-grade platform for institutional clients and professional traders. Traders can access the same asset classes as those available on SaxoTraderGO. They can also trade across six screens on PC and Mac, and they can use algorithmic orders, one-clicking trading, options chains, and sophisticated charting packages.
Advantages Of Saxo Bank
Extensive set of trading tools. Saxo Bank offers a wide range of trading tools, from standard to advanced. They also offer professional-grade trading methods such as algorithmic trading and one-click trading for corporate and professional accounts.
Professional support. Saxo offers professional customer support that is localised for international clients. They can be contacted by phone, email, and live chat. They also have a 24/7 support centre that answers common client enquiries.
Serves institutional clients. Depending on your needs, you can join partnership programs at the investment bank, such as become an Introducing Broker. You can also use their white label solutions to set up your own brokerage.
Competitive pricing models. One of the most significant advantages of choosing Saxo Bank is their transparent pricing models, which make it easy to understand what you will pay for their services. There are no hidden fees, and trading accounts are tiered to accommodate different traders.
A long history of success. Saxo Bank has been in business for 30 years, and during that time, they have built a solid reputation as a trusted financial institution.
Final Thoughts on Saxo Bank
Overall, Saxo Bank is an excellent choice for investors looking for an experienced and trusted broker with high-quality customer support and a wide selection of trading tools.
They offer competitive pricing models and transparent pricing structures that make it easy to understand what you will pay for their services. They are also a trusted institution with a history of success, and they offer a range of instruments to accommodate multi-asset traders.
