Secure online trading
Saxo Bank A/S is a fully licensed and regulated European bank. This means investors know they are trading with a reliable and established provider in an officially regulated environment. Saxo Bank A/S is subject to stringent financial reporting under EU directives and specific regulations regarding client handling
The European Investment Directive was introduced in 1996, and on 2 May that year, Saxo Bank A/S (then known as Midas) became the first broker in Denmark to gain approval under this directive. In June 2001, the Danish Financial Supervisory Authority approved a banking license and the company officially became Saxo Bank A/S.
Saxo Bank ownership
The major shareholders of Saxo Bank A/S are Kim Fournais Holding A/S and Lar Seier Christainsen Holding A/S, which together owns around 60 percent of the bank. General Atlantic, a global private equity investment firm, owns 22 percent of the shares, Espirito Santo Financial Group, Portugal’s third biggest financial group, owns 9.9 percent and a number of employees and former employees of Saxo Bank A/S hold the remaining interest.
License and regulation details
Saxo Bank A/S is incorporated in Denmark as a licensed bank (license no. 1149) and is regulated – along with Saxo Bank A/S London, and Saxo Bank A/S Sucursal en España, Saxo Bank A/S Italy, Saxo Bank A/S Czech Republic, Saxo Bank A/S Netherlands, and, Saxo Bank A/S Greece, – by the Danish Financial Supervisory Authority (FSA) - Finanstilsynet, Århusgade 110, 2100, København Ø. Further details regarding the Danish FSA and Bank A/S's license may be viewed at www.ftnet.dk. As a member of the European Union, Denmark has incorporated the EU Banking and Investment Directives into Danish law.
Saxo Bank A/S London is registered by the Financial Services Authority (Registration Number 207519).
Saxo Bank A/S Sucursal en España is registered by the Banco de España (Registration Number 1510).
Saxo Bank A/S Italy is registered by the Bank of Italy (Registration Number: 5720).
Saxo Bank A/S Czech Republic is registered by the Czech National Bank (Registration Number: 28949587).
Saxo Bank A/S Netherlands is registered by the Bank of the Netherlands (Registration Number: 34357130).
Saxo Bank A/S Greece is registered by the Bank of Greece (Registration Number: 112).
Saxo Bank A/S Beijing Representative Office is licensed as a Representative Office by the Chinese Banking Regulatory Commission Beijing Bureau (Registration Number: 110000400178453).
Saxo Bank A/S Representative Office in Australia is licensed as a Representative Office by Australian Securities and Investment Commission and Australia Prudential Regulatory Authority (Registration Number: ARBN: 109605610).
Saxo Capital Markets Pte. Ltd. Singapore Is licensed as a Capital Market Services provider and an Exempt Financial Advisor, and is supervised by the Monetary Authority of Singapore. Co. (Registration Number: 200601141M).
Saxo Bank (Switzerland) AG is a licensed bank regulated by the Swiss Federal Banking Commission (Registration Number CH-660-0511991-1).
Saxo Banque (France) SAS is licensed as a Credit Institution by the Bank of France (Registration Number: 483632501 R.C.S. Paris).
Saxo Bank Dubai Ltd is licensed by the Dubai Financial Services Authority as a Category 3 finacial services firm (Registration number: CL0820).
Saxo Bank FX K.K. is licensed by the Japanese Financial Services Agency (Registration Number: 239) Capital Four Management Fondsmæglerselskab A/S is licensed as a broker by the Danish Financial Supervisory Authority (FSA) (Registration Number: 30593065).
Global Evolution Fondsmæglerselskab A/S is licensed as broker by the Danish Financial Supervisory Authority (FSA) (Registration Number: 30602153).
Saxo-E*Trade Bank A/S is licensed as a Bank by the Danish Financial Supervisory Authority (Registration Number: 12270097).