BrokAIr Reviews

Saxo Bank Review

Saxo Bank is one of the most expensive online brokerages, yet they don't offer many features that other brokerages do! Is Saxo Bank really worth the high cost?

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Saxo Bank

Overview

Saxo Bank is an online multi-asset trading and investment specialist, founded in Copenhagen, Denmark in 1992 by Lars Seier Christensen, Kim Fournais and Marc Hauschildt. It offers a range of global products and services, including trading in stocks, ETFs, forex, CFDs, options and futures. Saxo Bank offers its customers access to over 35,000 financial instruments. It also provides portfolio management advice, research and analysis tools and access to educational resources.

Pros

Cons

Public Opinion

Saxo Bank has generally been well received by both experts and customers alike. It is seen as a reliable and secure broker with a strong customer service offering. The platform is user friendly and has some advanced features that make it attractive to more experienced traders. However, it does have some drawbacks such as the high minimum deposit requirement and lack of cryptocurrency trading. Overall, Saxo Bank is seen as a good online broker for those looking for access to a wide range of products and services.

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