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Editorial only. Trading CFDs is high-risk — most retail accounts lose money. We are not a broker and not a financial adviser. Capital at risk. Verify regulation and terms directly with each broker before opening an account.

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Saxo Bank Review 2026

Excellent

Regulated by

  • FSA Denmark
  • FCA
  • ASIC
  • MAS
  • SFC

Saxo Bank is a licensed Danish bank offering the widest instrument range of any forex broker — 71,000+ assets. Built for professional and institutional traders who demand the best.

Pros

  • 71,000+ instruments
  • Institutional-grade platform
  • 185 FX pairs
  • Bank-grade security
  • Elite research

Cons

  • High minimum deposit €2,000
  • Not suited for beginners
  • No crypto CFDs

Broker Specifications

Founded1992
HeadquartersCopenhagen, Denmark
Min. Deposit$2,000
Max Leverage (EU)30:1
Max Leverage (non-EU)200:1
EUR/USD Spread0.4 pips
Commission$3/lot (Classic) / $2/lot (Platinum)
PlatformsSaxoTraderGO, SaxoTraderPRO, MT4
Instruments71,000
FX Pairs185
Crypto CFDsNo
Stock CFDsYes

Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with Saxo Bank.

Saxo Bank is included for comparison only — we don't currently have an affiliate partnership with them, so this review is fully independent.

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This is not financial advice. Past performance is not indicative of future results.

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