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Saxo Bank

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Denmark

Founded in

1992 (33 Years)

Founded

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2.67

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know Saxo Bank

    Saxo Bank is a licensed and regulated Danish bank specializing in online trading and investment across global financial markets. It offers a range of assets and products for online trading, fixed income products, trading platforms, and more. Saxo Bank offers SaxoTrader, an online trading platform that allows investors to trade multiple asset classes from a single account; SaxoWebTrader, a browser-based trading platform, which allows individuals to trade various asset classes; and SaxoTrader App for iPad, iPhone, and Android phones. Saxo Bank was founded in 1992 and is headquartered in Hellerup, Denmark.

    Industry

    • Financial BankingPRIMARY
    • Financial Other Service
    • Forex Retail Broker

    Software

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    TrustFinance Intelligence Agency

    Research date: Jun 17, 2024

    Saxo Bank is a prime choice for advanced forex traders due to its high-quality trading platform, low forex fees, and broad product portfolio. However, it has high options and futures fees and charges a custody fee.

    Saxo Bank is a prime choice for advanced forex traders due to its high-quality trading platform, low forex fees, and broad product portfolio. However, it has high options and futures fees and charges a custody fee.

    Saxo Bank is highly trusted and delivers a seamless client experience with advanced tools and quality market research. It has a superb trading platform and offers a wide range of over 70,000 symbols to trade across global markets.

    Saxo Bank is highly trusted and delivers a seamless client experience with advanced tools and quality market research. It has a superb trading platform and offers a wide range of over 70,000 symbols to trade across global markets.

    Saxo Bank has become a competitive broker for Swiss investors after reducing its fees in 2024. It offers low currency conversion fees and has a good reputation, with a 4.4 out of 5 score on TrustPilot.

    Saxo Bank has become a competitive broker for Swiss investors after reducing its fees in 2024. It offers low currency conversion fees and has a good reputation, with a 4.4 out of 5 score on TrustPilot.

    Saxo Bank has received a BBB rating with a positive outlook from S&P Global Ratings, solidifying its position as a leading financial provider.

    Saxo Bank has received a BBB rating with a positive outlook from S&P Global Ratings, solidifying its position as a leading financial provider.

    Saxo Bank has surpassed USD 100 billion in client assets, marking a significant milestone in its growth.

    Saxo Bank has surpassed USD 100 billion in client assets, marking a significant milestone in its growth.

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