Saxo Bank: reviews and profiles

Saxo Bank - investment company, began its history in 1992 as a brokerage firm, the company's founders entrepreneurs Lars Christensen and Kim Fournier. In the beginning the company was called Midas, but after receiving the European banking license in 2001 changed its name to Saxo Bank. At the moment, Saxo Bank - licensed bank, which offers brokerage services in various market segments. In addition, Saxo Bank provides trustee services and portfolio of financial investments.

Saxo Bank is mainly engaged in online investments in international level, offering customers to trade stocks, currencies, CFDs, options, futures, as well as government and corporate bonds.

The main center is located in the Saxo Bank of Denmark in Copenhagen. Company offices are located in all the world's major financial centers, Cyprus, Belgium, Greece, Switzerland, Netherlands, UAE, South Africa, Hong Kong, Turkey, France, UK, Australia, Spain, Japan, Panama, Czech Republic, Denmark, Poland, Sweden, Singapore , India, Malta, Israel, Italy, Uruguay.

In the CIS offices are located in Russia and Ukraine.

Saxo Bank License

Saxo Bank has a banking license № 1149 of the European Union, the activities of the Danish FSA regulated by Financial Supervisory. Registration number (tax number) 15 73 12 49. Reuters Dealing Code. Saxo. Auditor. Kpmg. Ndeadkkk. IBAN.DK19 2000 5005 8753 63 (euro) Registered office of the company. Philip Heymans Allé 15, DK-2900 Hellerup, Denmark. 

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Voting and feedback traders in the forex broker rating about Saxo Bank:

• students at Masterforex-V Academy
• Internet users

Trading platform Saxo Bank:

• SaxoWebTrader;
• SaxoTrader;
• SaxoMobileTrader;
• MetaTrader 4.

Forex training and trading on the stock exchange:

Saxo Bank offers a special training program - TradeMentor.

Trading:

Trading Tools SaxoBank:

•  more than 160 currency pairs Forex;
• Options Forex;
• shares;
• futures;
• CFD on futures;
• bonds;
• metals (gold, silver).

Trading conditions of Saxo Bank:

• Three types of accounts;
• spread - 2 points;
• Leverage up to 1:100;
• ensure the safety of customer accounts by European legislation and the system of deposit insurance;
• a common framework for margin requirements on all instruments;
• instantaneous trading on live prices at the touch of a button;
• minimum deposit - $ 10 000;
• access to a unique aggregated liquidity from several of the largest banks in the world (on the volume avtokotirovanie FX transactions to 20 million) and the leading international exchanges;
• simultaneous access to all the tools from a single multi-currency accounts;
• work officially regulated environment and protection in law of the European Union;
• No fees for account maintenance;

Deposit / Withdrawal  Saxo Bank :

- Credit / debit card (Visa, Visa Electron, Switch / Maestro, Visa-Dletam Solo, MasterCard);

- International bank transfer.

Advantages of:

• - Problems with the input and output have been identified;
• - Good work on the medium and long positions, as well as the trading on high volume;
• Quick execution: one click.

Disadvantages of:

• often requotes on strong movements - always;
• high spreads;
• Initial deposit is high.

The presence of the "black list brokers":

• does not appear.

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