- Name : Saxo Bank
- Website : saxobank.com
- Established : 1992
- Regulation : FSA, Bank of Spain, MAS, SFBC
- Country : Denmark
U.S. Clients Allowed :
NoDue to strict US regulation many brokers aren't able to accept traders with US citizenship.
See our list of recommended brokers that do accept US traders.
Saxo Bank PlatformsSaxo Bank Platforms
Saxo Bank offers several different trading platforms.
SaxoTrader, the most professional and complete multi-product online trading platform on the market combines a highly secure environment with award-winning speed and a massive choice of trading modules. SaxoTrader helps clients make trading decisions with real-time execution. Easily downloadable, SaxoTrader allows investors to trade thousands of instruments across multiple asset classes from a single account.
The SaxoWebTrader platform, allows traders to trade multiple asset classes, personalize the interface and choose from an array of charts, prices, market research, data sources and news feeds, designed to continually strengthen market positions.
The browser-based SaxoWebTrader offers online trading access to Forex, FX Forwards, Spot Gold & Silver, CFDs, Index Tracking CFDs, Stocks, ETFs and ETCs. It requires no download or installation, and is accessible behind most firewalls. A SaxoWebTrader account also allows integrated access to the comprehensive, professional SaxoTrader and the SaxoMobileTrader.
There are three different versions of the MT4 platform. The MT4 DMA platform is designed for those who seek Direct Market Access (DMA) by trading anonymously on liquidity sourced from top banks and specialist trading firms. The MT4DMA Plus platform is similar to this one in most regards except it charges raw spreads plus certain commissions.
For professional traders and investors Saxo Bank offers the SaxoMT4Linked account where traders can combine the use of MT4 as an execution harness for FX and CFDs, with trading on Saxo Bank’s award-winning proprietary platforms, giving access to tens of thousands of additional products.
Both of these platforms are No Dealing Desk (NDD) style accounts and all trades flow to a single multi-product, cross-collateralized margin account.
The mobile app can be downloaded to most smartphone devices.
Review info: Saxo Bank
Review Date: 2016-10-17
Rating : 4
Reviewed By : Sara Patterson (Google+)