Saxo Bank Review 2025
Is Saxo a bank or a forex broker?
!! 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.
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
The SaxoTrader platform is so userfriendly and easy to use. Just started trading with Saxo and I love the platforms and the tight spreads
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
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
Saxo is a bank with an FCA UK license to also carry out trading & investment activities.