Saxo — Danish-licensed investment bank offering 70,000+ multi-asset instruments; majority-owned by J. Safra Sarasin since 2025.
Saxo at a glance
| Founded | 1992 |
|---|---|
| Headquarters | Copenhagen, Denmark |
| Regulation | Danish FSA (bank), FCA, ASIC, MAS, FINMA, JFSA, SFC, DFSA |
| Min deposit | $0 |
| EUR/USD spread | 0.7-0.9 typical |
| Max leverage | 1:30 EU/UK/AU retail |
| Platforms | SaxoTraderGO, SaxoTraderPRO, TradingView, API |
| Instruments | 185+ forex pairs, FX options, CFDs, stocks, ETFs, bonds, futures, options, funds |
| US clients | Not accepted |
| WebTrader score | 85 / 100 |
Our verdict
Saxo scores in our ranking, which weights regulatory strength and execution quality first. Verify current conditions on the official site — spreads and leverage vary by entity and region.
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70-80% of retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money. Nothing on this site is investment advice.