Reviews Brokers Saxo

Saxo Review & Trader Rating in 2026

3.9/ 5
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TradingView on saxo

Saxo in a nutshell

Tier-1 regulated

FCA.

No minimum deposit

Open an account without a funded deposit.

Trading platforms

SaxoInvestor and TradingView

Asset coverage

185 forex pairs · 23,000 stocks · 7,400 etfs

App-store ratings

iOS 4.3/5

Editorial summary

Saxo is a broker regulated by FCA (1 tier-1 license). Minimum deposit: $0 · Platforms: SaxoInvestor and TradingView · 6 asset classes supported.

Saxo is a broker regulated by FCA (1 tier-1 license). Minimum deposit: $0 · Platforms: SaxoInvestor and TradingView · 6 asset classes supported.

Regulated by FCA. Includes tier-1 oversight. Verified legal entities include Name of Saxo Capital Markets Ltd. The group headquarters is recorded in DK.

Platforms: SaxoInvestor and TradingView. Automated-trading supported. Documented capabilities include desktop software, mobile access, Expert Advisors, and integrated charting. Covers 185 forex, 23,000 stocks, 7,400 etfs, 20 commodities, indices, and 5,200 bonds. App-store ratings published — iOS 4.3/5. The iOS listing shows 4.3/5.

Minimum deposit is $0, with EUR/USD spreads from 0.7 pips. The stated inactivity charge is 0. Funding via Bank transfer. Verified deposit methods: Bank transfer. Verified withdrawal methods: Bank transfer. Online account opening and identity checks are documented. Applicants need national id, passport, proof of residence, utility bill, and bank statement. The published trading-account minimum starts at $0.

Support via live chat, email, and phone.

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Is Saxo right for you?

Best for

  • Multi-asset investors who want SaxoInvestor and TradingView access
  • Users comparing a large catalogue across forex, stocks, ETFs, bonds, commodities, and derivatives
  • Clients who value a regulated Danish banking group

Avoid if

  • You require MT4, MT5, or cTrader; the reviewed record verifies SaxoInvestor and TradingView
  • You need a demo account publicly verified before opening an account
  • You want one leverage or protection rule to apply across every account type and jurisdiction

Evidence and transparency breakdown

Dimensions our methodology can assess from the evidence stored for this review.

  • Regulator strength4.5 / 5 · Excellent

    FCA provide 1 tier-1 oversight relationship.

  • Transparency4.5 / 5 · Excellent

    17 structured fact records are tied to cited source evidence.

Leverage by region

Caps on retail and professional accounts vary by regulator.

Region / RegulatorRetail maxPro maxRestricted assets
Published maximum (jurisdiction not specified)1:20

Fees

Spreads, commissions, swaps and inactivity fees per account type.

Account typeMin depositEURUSD spreadPublished spreadCommissionInactivity
Published pricing0.7 pips0.6 pips$6.00 per lot0

Asset coverage

Tradable instruments per asset class.

Forex185
Stocks23,000
Indices
Commodities20
ETFs7,400
Bonds5,200
Futures

Platform screenshots

A look at the Saxo trading interface.

Mobile app

App store ratings checked Aug 2026.

Account opening

Documents
national id, passport, proof of residence, utility bill, bank statement

Customer support

ChannelLanguages
Live chatAvailable · Zendesk

Fees

4.4 /5

Minimum deposit is $0, with EUR/USD spreads from 0.7 pips.

Pros

  • No minimum deposit
  • Published EUR/USD spreads (0.7 pips)
  • Commission structure stated: $6.00 per lot

Cons

  • Inactivity fee applies: 0
Minimum deposit is $0, with EUR/USD spreads from 0.7 pips. The stated inactivity charge is 0.

Safety

3.5 /5

Regulated by FCA. Includes tier-1 oversight.

Pros

  • Regulated by 1 tier-1 authority
Regulated by FCA. Includes tier-1 oversight. Verified legal entities include Name of Saxo Capital Markets Ltd. The group headquarters is recorded in DK.

Deposit & withdrawal

3.4 /5

Funding via Bank transfer.

Funding via Bank transfer. Verified deposit methods: Bank transfer. Verified withdrawal methods: Bank transfer.

Account opening

3.7 /5

Online account opening and identity checks are documented.

Pros

  • Account can be opened without a funded deposit
Online account opening and identity checks are documented. Applicants need national id, passport, proof of residence, utility bill, and bank statement. The published trading-account minimum starts at $0.

Web platform

3.8 /5

Platforms: SaxoInvestor and TradingView. Automated-trading supported.

Pros

  • TradingView integration
  • Expert Advisors / automated trading
  • Mobile app
Platforms: SaxoInvestor and TradingView. Automated-trading supported. Documented capabilities include desktop software, mobile access, Expert Advisors, and integrated charting.

Product selection

3.9 /5

Covers 185 forex, 23,000 stocks, 7,400 etfs, 20 commodities, indices, and 5,200 bonds.

Pros

  • Broad multi-asset coverage (6 categories)
  • Large instrument catalogue (35,805+ tradable instruments)

Customer service

4.0 /5

Support via live chat, email, and phone.

Pros

  • Live chat support
  • Email support
  • Phone support

Frequently asked questions

  • Is Saxo regulated?
    Saxo is regulated by FCA. This includes 1 tier-1 authority.
  • What is the minimum deposit at Saxo?
    Saxo has no minimum deposit — accounts can be opened without funding.
  • What trading platforms does Saxo support?
    Saxo supports SaxoInvestor and TradingView.

Top alternatives

Other brokers our community rates highly — handy if Saxo isn't the right fit.

Sources(10)

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Florian Fendt

Florian Fendt

Written by

Founder of TraderJury and BrokerCheck. Trader since 2014. Focused on broker accountability and trader-led review systems.

Arsam

Arsam Javed

Fact checked by

Editor and reviewer at TraderJury. Verifies trader reports, audits broker disclosures, and writes risk explainers.

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