All Customer Reviews & Comments about Saxo Bank Forex broker

Advantages: Great variety of trading instruments, good educational materials

Disadvantages: High trading fees

Comment: I've been working with this broker for almost a year already, and I'd say that overall experience is way better than with any other broker, but trading fees there are too high, compared to other brokers. If I were a novice trader, I wouldn't choose that broker because of the trading fees. But I can say that you have access to 60,000+ instruments, and I don't think that any other broker can provide that, it's a huge advantage. So I believe that choosing this broker can be a great option, trading conditions there are on point.

Advantages: Stability of the terminal operation Favorable trading conditions Training materials Quick and convenient withdrawal of earnings without commissions Fast verification High-quality analytics

Disadvantages: Terminal freezes and slips Inconvenient personal account

Comment: I like everything, except for a few intrusive employees. This also applies to those support who call themselves and offer unnecessary help, and managers who do not miss the opportunity to offer signals or some other nonsense. I need it. perhaps someone likes to be coddled and someone is bribed by such attention from the broker, as if you are a “golden” client, but I think this is superfluous. He asked me to get rid of the calls, it seems like they haven't been calling for several days. Otherwise, everything suits me. Orders work fine, I didn't notice any problems with the terminal. So far, more than half of my deals have been successful, I have withdrawn part of the profit twice - no questions were asked about this by the way. The speed is not mega fast, but I have no complaints, because within the framework of the regulations.

Advantages: Permanent deposit bonuses and compensation for losses Unlimited demo account Favorable terms of the affiliate program Operational Support Service

Disadvantages: There is no information about liquidity providers No trading on weekends

Comment: Grand held a competition that allowed you to start trading without investing your money. That's how I started working with this company. In the future, of course, I repeatedly replenished my account with my own money, but the beginning was made thanks to the contest. In general, I like contests here. They are usually not delayed in time, so you do not have to strain for a long time. So I participated in competitions and won. I used technical analysis, traded on a short timeframe of 1 minute - this was the key to my victory, everything turned out well. In general, I think I will stay here for a long time, because it feels like the company is stable. The trading conditions are average, but the output is fast, the input is also high-speed). Customer support at the level of. I'm happy with everything.

Advantages: Favorable trading conditions A large selection of ways to deposit / withdraw funds High-quality technical support Simplicity and convenience High-quality analytics and training Affiliate program

Disadvantages: Did not find

Comment: I have a positive impression of the company, but I will continue my research in order to find my ideal broker. I'll explain the reason. The company is quite pleasant when cooperating, and it seems like managers call back in a timely manner, and the minimum deposit is within reasonable limits, input / output without problems, the platform works well and there is some kind of regulator there, but there are enough such as this company. I can't single her out in some way, although in principle she deserves attention and if anything ..., she will remain on my list and I will return at any moment. In the meantime, I will continue the search.

Advantages: Favorable and comfortable trading conditions Reliable and secure terminal Training and analytics Bonuses and contests Affiliate Program License Simple withdrawal of earnings

Disadvantages: None

Comment: I also liked the broker, the copy service interested me thoroughly, there are leaders with very good statistics and more than a year of experience, I plan to invest about 1k of greenery here, the amount is small, but not small, I do not feel any distrust of this broker.

Advantages: none so far

Disadvantages: Unreliable and Limited The platform is to some extent good; however, if you need to chat with the agent and receive support it is very challenging. The chat can be open for 5 min at most..and then it restarts and you end up speaking with 10 agents before you can only address your problem. I never solved one so far. Saxo Bank is also very unreliable. They change margins, fees and their interpretation of regulation without any previous communication and as they seem appropriate, usually on client's damage. They also never send you a name or a link to the regulation they are enforcing. Especially if you are a non EU citizen, avoid it.

Comment: There are many other platforms in the US which are more reliable and less costly than SAXO. Do a better research. This is a branded mamut which will not survive the New Age.

Advantages: Transparent conditions Minimum margin requirements on accounts for beginners Fair spreads A lot of training and analytical materials Bonuses and affiliate program

Disadvantages: No

Comment: An excellent broker that differs from the rest in its stability and reliability. I'm trading on a standard account for now. I opened it for $ 300, although the minimum is 100. I decided to test the broker and make sure that he really pays. He's paying! 0% commission for transactions on this type of account. You can trade pips.

Advantages: More than 40 thousand instruments for trading

Disadvantages: Prohibition on algorithmic trading for traders from CIS countries

Comment: If suddenly I don't have enough tools from my broker and I have enough money, then I will probably go here! The choice of tools is probably the most extensive of all that I have met. Guys do not complicate their lives with pennies, you will not find there the possibility of opening an account from $ 10, the minimum deposit amount is from $ 10,000! The Danish guarantee Fund guarantees up to 100,000 euros of your money. You can keep your accounts in 18 different currencies.

Advantages: The main advantage of trading on SAXO BANK is a lower spread. The company also provides access to a wide range of assets, including currencies, metals and commodities. On the other hand, it only offers standard margin trading and does not have more advanced features that investors may need.

Disadvantages: None

Comment: SAXO BANK is a highly reliable broker with its own trading platform that makes trading in forex, options and CFD markets easier than ever before. Their spreads are competitive, while they offer high leverage, which means you can trade more with less money than you would otherwise.

Advantages: More than 40 thousand instruments for trading The opportunity to invest in ready-made long-term portfolios managed by professionals

Disadvantages: It is not possible to contact the support service in an online chat on the company's website The minimum deposit starts from $10,000

Comment: Saxo Bank's terms immediately seemed attractive to me: it is clear that the company strives to make trading truly profitable and comfortable for professionals. At first I opened a classic account, but the spreads on the EUR/JPY pair were within 1.5 points. The hangups led to a constant loss of money, so I still went to another broker.

Advantages: Low spreads High leverage Great bonuses

Disadvantages: High trading commissions

Comment: SAXO Bank is one of the leading brokers in the industry. This is the one that allows traders to trade on the stock market. They provide traders with access to trading instruments such as commodities, stocks and other tradable assets. This brokerage company offers two types of trading accounts. One account will allow you to trade with leverage, while the other will not.

Advantages: A wide range of instruments; Competitive spreads compared to other banks on the market; The platform was created for traders; The platform for online trading does not require commissions.

Disadvantages: There is no branch network for traders There are not many options for ways to replenish the account

Comment: The SAXO BANK broker offers spreads that are significantly smaller than those you would normally find on other platforms such as FXCM or IG. This means that traders can earn more on their trades without sacrificing commission or margin requirements.

Advantages: Good conditions, normal operation of the terminal. Reliability and transparency of work. High-quality technical support. Stability of the terminal operation. Fast verification. High-quality analytics.

Disadvantages: Beginners have nothing to do here. An inconvenient personal account.

Comment: It is a good broker. Yes, it may be difficult for beginners, because the maximum leverage is 1:30. But everything else is on top. Fast registration and verification, input and output are also fast. However, like most European brokers, the emphasis is on bank transfers. Or payment systems registered in the EU.

Advantages: The quality of service is at a high level, The bank has a million certificates and awards for trading on the market.

Disadvantages: There are high tariffs for this service, The analytics are very weak.

Comment: This is an old and reliable broker of European quality. The bank has been operating in the financial market since 1992. There is a license for trading on the forex and futures market. They are suitable for a trader of an average level.

Advantages: Not much

Disadvantages: terrible terrible service

Comment: 1. Extremely difficult to close account when you want to transfer everything out. 2. Customer service staffs have no idea on how to assist clients. My feeling is that they can be engaged by any firms other than financial institutions which require special knowledge.

Comment: Saxobank dead company without support team. In Saxobank doesn't exist support team, they doesn't answer on me emails. It is SCAM broker. (I am from central Europa, Slovakia)

Advantages: Trusted broker, great services

Disadvantages: Nothing

Comment: In 5 years I have not been able to outgrow Saxo Bank, and never even tried another broker because they are perfect brokers. They provide every trading instrument you will ever need and never manipulate the market prices. I also truly believe they are not a dealing desk broker because of their reputation and history. A recent study has showed that they are among the most popular brokers in the world, and I encourage anyone who may have suffered a bad experience to join them. Maybe I sound like an advertiser but I just feel bad when I go through these reviews where people have been conned by their brokers. Give Saxo Bank a try and you won't regret it

Advantages: Excellent broker in all areas

Disadvantages: High capital requirements

Comment: As long as you have a sizeable capital above $10,000, Saxo Bank will be the best broker you have ever seen. I have had an account with them for about 2 years now, and after wasting most of my money on smaller brokers, I realize cheap is always expensive. Just think about it, how can you trade full lots with just $100 and still get fooled that is an ECN broker? It's not possible. Saxo Bank do not lie, they always have the best market prices and the spreads are still low, even lower than other STP brokers. Leverage is low, 100:1, but that is how the Forex market should be. In the US it's 50:1 and Japan is 25:1, 100:1 is still very good all things considered. They also have a good name and host many traders, including institutions, and have been in business for decades. The way I see it, you can select that broker with high leverage and bonuses etc. but in the end you're going to lose no matter how good you are. Or you can save your money and invest in a good broker like this one, and you will never leave.