Saxo Bank is specialized in online trading, being an international investment bank. They offer the possibility to trade CFDs, ETFs, Stocks, Futures, Options and Forex thru some of the most technologically advanced platforms. Their platforms are at the same time easy to use, but also offer a full array of options. Saxo Bank won Best White Label Solution Provider and Best Mobile Trading Platform at the World Finance 2012 Foreign Exchange Awards.
If you think big in terms of online trading, than you think Saxo Bank as they are one of the most professional brokers out there, oldest and most reliable.
They offer 160+ Fx pairs, 8400+CFDs, 14.000 Stocks, 41 Fx Options and 140+ Futures so no matter what kind of trader you are, you will find your preferred instrument to trade.
A downside is that the minimum deposit required is 2.000 USD. That might not be a problem for some of us, but I think that for most of us, this can be an issue.
Before investing with them it would be wise to check them out for yourself and try the demo account.
|Broker Headquarters:||Copenhagen, Denmark|
|Also has offices in:||London, Singapore, Tokyo|
|In business since:||1992|
|Regulated:||Saxo Bank is a fully regulated bank in Denmark|
|Client account segregation:||Saxo bank is member of the Guarantee Fund for Depositors so if they go into bankruptcy, client funds are guaranteed up to 100.000 EUR|
|Accept US traders:||Yes|
|Web Platform||Saxo Web Trader|
|Downloadable Platform||Saxo Trader|
|Guaranteed stop loss||Orders are executed at the best available price|
|Trailing stop loss||Server side|
|Demo account||Yes – Open Demo Account|
|Live account types||Classic – Minimum deposit – 2.000 USDPremium – Minimum deposit – 100.000 USD
Platinum – Minimum deposit – 500.000 USD
Our rating of Saxo Bank: 5/5