Which company this review covers
This review covers:Saxo Capital Markets UK LtdFCA (UK)
This page lists the regulators named for the whole group. Depending on where you live, you may be served by another group company, with a different regulator, products, account terms and client protections. Check which company you would contract with before opening an account.
Saxo in a nutshell
Danish banking group
Danish FSA, FCA (UK), MAS (Singapore), FINMA (Switzerland), CONSOB and Bank of Italy, FSA (Japan), ASIC (Australia), SFC (Hong Kong), Czech National Bank, DNB and AFM (Netherlands), National Bank of Belgium and FSMA (Belgium), ACPR, Banque de France and AMF (France), Central Bank of the UAE and Central Bank of Brazil.
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 4.7/5 · Android 3.9/5 (stored snapshots)
Saxo is a Danish banking group: Saxo Bank A/S is licensed by the Danish FSA, and group companies, branches and offices are regulated by the FCA (UK), MAS (Singapore), FINMA (Switzerland), CONSOB and the Bank of Italy, the FSA (Japan), ASIC (Australia), the SFC (Hong Kong), the Czech National Bank, DNB and AFM (Netherlands), the National Bank of Belgium and FSMA (Belgium), ACPR, Banque de France and AMF (France), the Central Bank of the UAE and the Central Bank of Brazil. Minimum deposit: $0 · Platforms: SaxoInvestor and TradingView · 7 asset classes supported.
Saxo Bank A/S is licensed by the Danish FSA, and group companies, branches and offices are regulated by the FCA (UK), MAS (Singapore), FINMA (Switzerland), CONSOB and the Bank of Italy, the FSA (Japan), ASIC (Australia), the SFC (Hong Kong), the Czech National Bank, DNB and AFM (Netherlands), the National Bank of Belgium and FSMA (Belgium), ACPR, Banque de France and AMF (France), the Central Bank of the UAE and the Central Bank of Brazil. The UK company is Saxo Capital Markets UK Ltd, regulated by the FCA, and the group is headquartered in Denmark.
Platforms: SaxoInvestor and TradingView. Automated trading is supported, and features include desktop software, mobile apps and built-in charting. Markets cover 185 forex pairs, 23,000 stocks, 7,400 ETFs, 20 commodities, indices and 5,200 bonds. The iOS app is rated 4.3/5.
Minimum deposit is $0, with EUR/USD spreads from 0.7 pips, and there is no inactivity fee. Deposits and withdrawals are made by bank transfer. Accounts are opened online and include identity checks. Applicants need national ID, passport, proof of residence, utility bill, and bank statement.
Support via live chat, email, and phone.
Have you traded with Saxo?
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What other platforms say about Saxo
Reviews aggregated from 2 independent sources.Backed by 2,708 source-reported ratings.
- Read on apps.apple.comCollected: 2026-08-30
- 2.7k reviewsRead on play.google.comCollected: 2026-08-30
External sources are weighted by their reported sample count, capped at 5,000 per source. Collection dates may differ;methodology →
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; Saxo uses its own platforms and TradingView
- You want an open-ended demo; Saxo's free demo account runs for 20 days
- 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
Saxo Bank A/S holds a Danish banking licence, and group companies, branches and offices are overseen by the FCA (UK), MAS (Singapore), FINMA (Switzerland), CONSOB and the Bank of Italy, the FSA (Japan), ASIC (Australia), the SFC (Hong Kong), the Czech National Bank, DNB and AFM (Netherlands), the National Bank of Belgium and FSMA (Belgium), ACPR, Banque de France and AMF (France), the Central Bank of the UAE and the Central Bank of Brazil.
- Transparency4.5/ 5 · Excellent
Fees, platforms and payment methods are set out on Saxo's website.
Leverage by region
Caps on retail and professional accounts vary by regulator.
| Region / Regulator | Retail max | Pro max | Restricted assets |
|---|---|---|---|
| Published maximum (jurisdiction not specified) | 1:20 | — | — |
Account fees
Costs per account type.
| Account type | Min deposit | EURUSD spread | Published spread | Commission | Inactivity |
|---|---|---|---|---|---|
| Published pricing | — | 0.7 pips | 0.6 pips | $6.00 per lot | 0 |
Asset coverage
Tradable instruments per asset class.
Platform screenshots
A look at the Saxo trading interface.
Mobile app
These stored app ratings also contribute to the external score above. Collected: Aug 2026. They are snapshots, not live store ratings.
Archived App Store screenshot
Historical capture; the storefront, review count and rating may differ from the collected snapshot above.
App Store listingArchived Google Play screenshot
Historical capture; the storefront, review count and rating may differ from the collected snapshot above.
Google Play listingAccount opening
Deposit methods
Funding options, minimums, fees, and processing times.
- Bank transfer
Saxo withdrawals: timing, fees and rules
Withdrawal methods
How and when you can take money back out.
- Bank transfer
Customer support
- Phone
| Channel | Languages |
|---|---|
| Live chat | Available · Zendesk |
Fees
4.4 /5Minimum deposit is $0, with EUR/USD spreads from 0.7 pips.
Pros
- No minimum deposit
- Published EUR/USD spreads (0.7 pips)
- No inactivity fee
Regulation & protection
3.5 /5Saxo Bank A/S is licensed by the Danish FSA, and group companies, branches and offices are regulated by the FCA (UK), MAS (Singapore), FINMA (Switzerland), CONSOB and the Bank of Italy, the FSA (Japan), ASIC (Australia), the SFC (Hong Kong), the Czech National Bank, DNB and AFM (Netherlands), the National Bank of Belgium and FSMA (Belgium), ACPR, Banque de France and AMF (France), the Central Bank of the UAE and the Central Bank of Brazil.
Pros
- Danish banking licence, with regulated group companies and branches across Europe and Asia-Pacific
Deposit & withdrawal
3.4 /5Funding via Bank transfer.
Account opening
3.7 /5Accounts are opened online and include identity checks.
Pros
- Account can be opened without a funded deposit
Web platform
3.8 /5Saxo's own desktop, web and mobile platforms, plus a TradingView connection.
Pros
- TradingView integration
- Own desktop and web platforms
- Mobile app
Product selection
3.9 /5Covers 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 /5Support via live chat, email, and phone.
Pros
- Live chat support
- Email support
- Phone support
Frequently asked questions
Is Saxo regulated?
Yes. Saxo Bank A/S holds a Danish banking licence from the Danish FSA, and group companies, branches and offices are regulated by the FCA (UK), MAS (Singapore), FINMA (Switzerland), CONSOB and the Bank of Italy, the FSA (Japan), ASIC (Australia), the SFC (Hong Kong), the Czech National Bank, DNB and AFM (Netherlands), the National Bank of Belgium and FSMA (Belgium), ACPR, Banque de France and AMF (France), the Central Bank of the UAE and the Central Bank of Brazil. Which Saxo company serves you depends on your country.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 reviewed services to compare if Saxo isn't the right fit.
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