Saxo Review

Saxo is a multi-asset trading and investment platform with over 1 million clients and over $100 billion in client assets. The company offers access to stocks, bonds, mutual funds, forex, cryptocurrencies, commodities and options via its web, desktop and mobile platforms.

The Saxo Review is built to be easy to use with an intuitive design, offering traders a comprehensive and robust set of tools for conducting probing technical analysis and constructing well-balanced trades. Traders can also find a number of educational resources including a suite of videos and articles covering everything from fundamental analysis to technical indicators.

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The company has been transparent about its pricing mechanisms, displaying both raw and floating spreads for all major currency pairs. Leverage terms are also fairly competitive and the firm has eliminated inactivity fees for all accounts (except for its VIP account).

Traders can deposit funds to their Saxo account via bank wire, credit or debit cards. The company does not charge any handling fees for deposits and withdrawals, although third-party card transaction fees may apply. The minimum amount to open a new account can vary by asset class and account type. In the case of Saxo’s Classic account, it could be as low as $10,000. Those looking to invest with the platform on a larger scale should consider its VIP or Platinum accounts which offer higher leverage.