This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. All clients will directly engage with Saxo Bank A/S and all client agreements will be entered into with Saxo Bank A/S and thus governed by Danish Law. SaxoTraderGO is the number one platform for active traders and provides on-the-go access to 35,000+ financial instruments, across all asset. Free Publisher: Saxo Bank A/S.
Since the inception of the internet, a number of banking services, as well as activities, can be transacted or accessed on an online platform. This also applies to the numerous forms of trading as well as investment. Saxo Bank is one such institution that made this move by offering online services to customers. Clients of this Danish-based bank can access Saxo Bank trading on their Internet-connected devices among other investment services offered. Iso burner mac os x download.
Company Details
Saxo Bank was established in the year 1992 as a privately owned company. The headquarters of the bank is in Copenhagen, Denmark and it has managed to set itself apart to become one of the leading retail brokerage innovators in Europe.
The safety of trading at the bank is assured by the 10+ financial regulators including the UK FCA. The bank among the leading retail brokerage innovators in Europe as well as on the globe.
Trading Platform
The trading platform offers users a variety of instruments and asset classes that span across global financial markets.
The SaxoTrader suite runs on a myriad of devices and operating systems including Windows on desktops. The mobile suite runs on iOS, Android, and Blackberry among others and is referred to as SaxoTrader GO.
Saxo bank features a very unique and highly engaging web trading platform for accessing its asset classes. It entails a one-step login process upon loading the program.
However, for the Platinum and VIP accounts, there is an IP address link for login that is more secure. Though it might appear complex, it features an easy-to-follow menu that makes navigation through it convenient.
Assets / Markets
The well-designed Saxo Bank trading platform features a diverse product portfolio of markets that are available to trade.
In the forex domain, there are more than 100 major and minor currency pairs that can be traded.
Featuring over 5,000 bonds with 3,400 developed-market and 1,600 emerging marketing bonds, the Saxo Bank bond trading platform provides users with an interesting asset class to trade in. In addition, users can gain access to government bonds in over 40 countries.
Corporate bonds, though available, are limited to 7 countries.
Spreads & Commission
The trading fees are quite high. For example, the US stock trading of $15 is the highest among the more renowned brokers. The trading fees of forex, equity and CFD are average. The future, bond and option fees are quite high when trading in lower volumes.
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Saxo Bank commissions are predominantly volume based. For instance, forex fees are usually based on a volume plan where the more you trade, the less commission you pay. The standard commission is 0.005% but this is only applicable to the first $50 million trading in a month.
Leverage
Forex is normally traded on margins, with each brokerage firm having its own leverage. Specifically, Saxo Bank leverage terms are based on a tiered margin methodology.
This entails a management mechanism against political and economic scenarios that may make the market volatile, leading to sudden changes. Saxo Bank has a maximum leverage of 1:30 which is in line with other regulated brokers in the European Union.
Mobile Apps
The Saxo bank mobile app is remarkable since it has the same outlay and design workability as its web-based platform. Despite the absence of basic data and Saxo Select, it is still highly usable. The Saxo Trader app can be downloaded from Google Play for Android systems and from the iOS store for Apple devices.
Payment Methods
Bank transfers take between 1 to 5 business days. The majority of European clients are required to transfer to a Saxo Danish account which necessitates an international bank transfer. Via the credit/debit card method, money is credited to the traders’ account instantly.
However, this is subject to a charge of 0.5-2.5% by your card operator. Stock transfers take place through the transfer of a stock portfolio. This might take a little longer since it must be processed by your current portfolio holder.
Saxo Bank withdrawal can be done to your bank account or a broker account. The account needs to be in your name. Withdrawal is free of charge.
Minimum Deposits
Minimum deposits vary based on currency:
Demo Account
An instant demo account offers traders the chance to view the platform and check functionality. A full demo account is then also offered alongside a real account, and this enables strategy testing and refinement.
Offers And Promotions
Research materials are accessible from both the web and desktop trading platforms. Saxo additionally runs a separate page known as tradingfloor.com where traders can get more information on market statistics. The content available includes equity research, news, opinions from Saxo’s strategists, trade signals, and macro events calendar.
Bonus
While there is no active bonus a present, the presence of competitive spreads on the various asset classes makes this almost negligible. This is significant to forex trading since it is commission based.
Moreover, an overview of the trade-related costs for any trade portrays Saxo Bank as midrange among other brokers. Mozilla download mac 10.5.8. Bonus features are usually not available in market trading since such enticements cause over trading and are frowned on by regulators.
Regulation And Licensing
Saxo Bank is regulated globally by more than 10 financial regulators and is a highly reputable brokerage company in Europe:
Additional Features
Investors willing to expand their knowledge on trading markets can be readily assisted by the education section of the platform. It features online webinars where traders can be taken through asset classes by trading experts.
Alternatively, one can become a “learner” at the Saxo Academy and choose from the infinite online tutorials available.
Account TypesDownload Saxo Bank Trader Platform Mac -
Saxo has four main types of accounts namely Classic, Premium, Platinum, and VIP. The accounts differ on the amount of funding.
The Classic account requires the standard minimum deposit which varies by country, Premium accounts need a minimum of $100,000, Platinum accounts a minimum of $500,000 and the VIP account a minimum of $1,000.000.
With a Premium account, traders gain access to free extended news and research material. For the Platinum and VIP accounts, investors have advanced customer service, logins that are IP address linked, thus more secure and tighter spreads.
Download Saxo Bank Trader Platform Mac Pro 2020Benefits
Saxo Bank has established itself as a leading brokerage innovator. Some of the features include exemplary research services comprising a dedicated research team that continuously provides new trading ideas.
A well-detailed platform that enables traders to execute their ideas. A diverse product portfolio that facilitates heavy traders. Additionally, a customer service that is present in multiple languages.
Drawbacks
Saxo has some limitations which might be a hindrance to effective trading. For funding requirements, a minimum of $2,000 is needed which might end up being a burden to investors. Small traders’ returns can be impacted upon by the high trading fees. The broker’s financing fees are among the highest in the market.
Saxo Bank Trading Hours
The platform is open for trading 24 hours a day albeit 6 days a week. Various currency pairs have specific trading hours. For instance, the RON, ILS, SAR & AED and RUB currencies trading hours are 08:15 – 17:00 CET, 07:00 – 17:00 CET, 07:00 – 15:00 CET and 07:00 GMT – 19:00 GMT respectively.
Contact Details Or Customer Support
Safety And Security
https://namebj.weebly.com/blog/mac-os-download-el-capitan-iso. Saxo’s web-based platform features high-security components since traders’ vital documents are required when opening an account. They include a copy of an ID, passport or driver’s license. The login steps to some account types are enhanced to protect user data. A case in point is the Platinum and VIP accounts which have an IP address link for secure login.
Saxo Bank Overall Verdict
This review is aimed at giving a detailed description of Saxo Bank as a brokerage company. The bank provides complex and conducive services through its trading platform. The research and customer service team are always available to offer any assistance to traders.
Moreover, its diverse product portfolio comprising of asset classes and international markets assures heavy traders of an enticing trading arena. Despite requiring high minimum trading fees, it is a good brokerage company in terms of service delivery and it stands atop the global scene.
Accepted Countries
Saxo Bank accepts traders from Australia, Thailand, Canada, United Kingdom, Singapore, Hong Kong, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders can not use Saxo Bank from United States, India, South Africa, Nigeria, Brazil, Pakistan, Spain, Portugal, Mexico, Kenya.
Saxo Trader ProSaxo Bank vs Other BrokersDownload Saxo Bank Trader Platform Machines
Without any doubt, Saxo Bank is an institution in the trading industry. They were founded way back in 1992, so the fact that they have survived on the market for almost two and a half decades speaks volumes of their quality and reliability. With more than 1500 employees in 18 different countries, they truly are a global company. One of the main reasons for their success is the fact that every single Saxo Bank trading platform is of the highest possible quality and we will show you what we mean by that in this article. Our experts tested all of them and have loads of information to share with you, so read on and find everything out.
![]() Saxo Bank Trading Platform | Features
Saxo Bank trading platform is called SaxoTrader. As you would expect from a broker with this much experience, the platform offers loads of possibilities and is extremely intuitive. You are able to fully customize your environment and even receive market analyses directly from the company’s dealers. There are 55 technical indicators at your disposal, which can easily be customized to suit your trading needs. In addition, all your account information is readily available here, so you can at all times see your cash balance, account value and much more. It’s really not a huge surprise that Saxo Bank trading platform has won numerous awards over the years. But this is just a small part of the company’s offer, so if you want to find out more go and read our Saxo Bank Review 2016.
Saxo Bank Trading Platform
Saxo Bank Trading Platform | Mobile trading
Of course, Saxo Bank trading platform is also available for mobile devices as SaxoTraderGO. This version works on Web, iOS and Android devices, so you can literally trade wherever you are. HTML5 technology provides you with a very fast trading experience that can be carried over between all types of devices without any problems. Everything is exceptionally easy to use and that’s why this mobile platform was voted to be the best mobile/tablet trading app in the UK in 2015. No matter which Saxo Bank Account you choose to open, you can be sure that you will be in full control of your investments and always able to react at the right time, no matter where you are. Yes, this platform is that good!
Saxo Bank Trading Platform | Conclusion
To conclude, Saxo Bank trading platform clearly shows why this broker has managed to last so long in this industry. It is a great way to trade and the software was recognized long ago by the trading community for its quality. Numerous awards are the best proof of that. No matter how you decide to access it, the level of quality remains the same and you lose absolutely nothing if you’re on a mobile device. Therefore, if you’re looking for a broker that can provide you with a great trading experience and has proven itself to be reliable over and over again, just open an account with Saxo Bank!
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