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Saxo Bank Review 2025

Is Saxo a bank or a forex broker?

Saxo Bank
4 reviews
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!! Regulator Warning !!

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Trading Conditions

Min TradeUSD 0
Min DepositUSD 0
Base CurrenciesUSD, EUR, GBP, JPY, ZAR, CAD, CHF, DKK, TRY, SEK
EURUSD Spreads0.7
3.3
5-star 25%
4-star 25%
3-star 0%
2-star 50%
1-star 0%

All Reviews

A
Andy DNK
Nov 28, 2025

My account was restricted because of kyc info that...

My account was restricted because of kyc info that was demanded and I didnt have it, then I contacted support and they didnt even respond, guess they are too busy

0
R
Roberto ESP
Aug 8, 2025

The SaxoTrader platform is so userfriendly and eas...

The SaxoTrader platform is so userfriendly and easy to use. Just started trading with Saxo and I love the platforms and the tight spreads

0
P
Thor Szenevko ISL
Aug 6, 2025

Customer service is so poor, they automate every a...

Customer service is so poor, they automate every attempt to reach them so it feels robotic. If you have a problem dont expect to get help from a human, they refer you to their help center or to a bot

0
M
Martin DEU
Jul 31, 2025

Been trading with saxo for 2 years now and they ar...

Been trading with saxo for 2 years now and they are a reliable full-sercice broker. Their spreads on forex are tight and buying stocks is straightforward

0
Saxo Bank

Saxo is a bank with an FCA UK license to also carry out trading & investment activities.

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