Saxo Bank INFO
Saxo Bank is a Forex broker based in Gentofte, Denmark. Saxo Bank is registered with the Danish Financial Supervisory Authority.
| Saxo Bank SPECIFICATIONS |
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Spread on Majors* | |
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| EUR/USD | 2 pips | | USD/JPY | 3 pips | | USD/CHF | 3 pips | | GBP/USD | 4 pips | | USD/CAD | 5 pips | | AUD/USD | 3 pips | *Spreads during normal market conditions |
| AVAILABLE TYPE OF ACCOUNTS & LEVERAGE |
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| Demo Account | Yes | | Mini Account | Yes, US$500 to open and up to 200:1 leverage. | | Standard Account | Yes, US$5,000 to open and up to 100:1 leverage | | Margin on exotic currencies goes up to 4 and 8% |
| OTHER INFORMATION |
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| Platform | Accounts below 10K Saxo MiniTrader (16 currencies), accounts above 10K SaxoTrader (160 pairs and crosses). | | Supported Languages | Arabic, Chinese, English, Deutsch, Spanish, Portuguese, Russian, Japanese, French, Polish, Turkish and others. | | Accepted Deposits | Wire Transfer |
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How to rate this broker?
Customer service: are they efficient and willing to help on any issue?
Honest: Did they delivered what they were supposed to?
Trading Execution: evaluate slippage, requotes, etc.
Platform Features: Platform capabilities such as trailing stop, OCO orders, one click dealing, etc.
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