Saxo Bank Review
Premium Danish investment bank offering forex alongside a huge multi-asset universe and institutional-grade platforms.
Visit Saxo Bank →Spreads by Pair (Pips)
EUR/USD
0.6
GBP/USD
0.9
USD/JPY
0.7
XAU/USD
20
US OIL
3.2
BTC/USD
26
Trading Conditions
Min Deposit
$0
Max Leverage
1:30 (retail) / 1:100 (professional)
Avg Spread
0.6 pips
Commission
From $3/100k FX (Classic tier)
Broker Details
Minimum Trade Size
—
Maximum Leverage
1:30 (retail) / 1:100 (professional)
Minimum to Open Live
$0
Established
—
Address
—
Contact
—
Regulators
FCA (UK), DFSA, MAS (Singapore), FINMA (Switzerland), ASIC (Australia)
Prohibited Countries
—
Dealing Desk
❌ No
Web Trading
✅ Yes
Mobile Trading
✅ Yes
Trading Instruments
Currencies
—
Cryptocurrencies
—
CFD
—
Trading Conditions & Methods
Deposit Methods
—
Withdrawal Methods
—
Pros & Cons
✅ PROS
- + Bank-grade regulation and security
- + huge multi-asset range
- + professional SaxoTraderPRO platform
- + competitive tiered FX pricing.
❌ CONS
- - Higher minimum deposits at some entities
- - pricing tiers can be complex
- - less beginner-oriented than XM/AvaTrade.
About Saxo Bank
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Quick Facts
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Visit Saxo BankTrading involves risk. Only invest what you can afford to lose.