What it is
Saxo is a Danish bank offering stocks, ETFs, bonds, options and futures across global exchanges with tiered pricing, professional-grade platforms and a UK ISA, positioned between retail apps and institutional brokers.
Who it suits
Experienced investors who want global access and professional tools from a licensed bank.
Regulation and protection
Danish licensed bank supervised by the Danish FSA; FCA-authorised in the UK.
How it charges
Per-trade commissions and FX fees tiered by account level, with lower costs at higher tiers; a custody fee may apply.
Getting started
Apply online with ID and financial information; choose the SaxoInvestor or SaxoTraderGO platform.
At a glance
- Stock commission
- Low per trade, tiered
- ISA / tax wrapper
- ISA (UK)
- Fractional shares
- No
- Crypto
- ETPs
- Headquarters
- Copenhagen
- Founded
- 1992
Strengths
- Global markets from one account
- Licensed bank
- Tiered pricing rewards larger clients
Watch for
- Platforms are complex for beginners
- Custody fee on some tiers
Readers ask2 questions answered
Is Saxo a bank?
Yes, Saxo Bank is a Danish licensed bank supervised by the Danish FSA, with regulated subsidiaries elsewhere.
Who is Saxo for?
Investors comfortable with a professional platform who want more markets than an app broker offers.
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