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Saxo Bank continues to be the preferred provider of online Forex trading for thousands of investors worldwide.

This is a result of aggressive pricing, superior liquidity, outstanding reliability, and last, but not least, a range of more than 160 different Forex crosses.

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Saxo Bank offers traders and investors a balanced and up-to-the-minute view on the markets. Each day our articles deliver comprehensive news, commentary and analysis on current market action aimed at helping clients make trading decisions, regardless of what they trade.

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Visit the institutional website for Saxo Bank

Saxo Bank Institutional is dedicated to serving the needs of Banks, Brokers, Asset Managers, Money Managers, Hedge Funds, Funds, Introducing Brokers and Broker Dealers for instant access to global financial markets.

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Since 1992, Saxo Bank has been a facilitator in the global capital markets aggregating liquidity, offering access to exchanges around the world and providing its powerful suite of products and platforms to private clients, institutions, banks and brokerages.

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Welcome to Saxo Bank support area. Here you can find answers to frequently asked questions about our trading products, platforms and accounts, find contact details, and see our general business terms. Choose a topic from the left and let us help you.

Live Account

Open a live account and start trading today. Minimum funding $5,000.

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Demo Account

Free 20-day trial of our award-winning multi-asset trading platform.

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Account FAQs

General Account Questions

What types of trading accounts does Saxo Bank offer?

We offer three different trading accounts to suit your needs. All account types provide access to our complete range of financial products and all trading platforms.

Classic Account: Everything you need to execute your trading strategy, including news, market research and real-time trading ideas. 
Minimum deposit: $5,000

Premium Account: All of the benefits of our Classic Account, plus personalised service from your own Account Executive Team, available 24 hours a day, 5 days a week.
Minimum deposit: $100,000

Platinum Account: Designed for high-volume traders, Platinum Accounts offer access to individual competitive spreads on Forex, as well as FX Options as tight as interbank spreads. 
Minimum deposit: $500,000

SaxoMT4 Account: Saxo Bank's quality liquidity and execution through the popular Metatrader 4 platform.
No minimum deposit

See full details on our Account types

What is the minimum account size?

The minimum funding requirement to open a Saxo Classic account is $5,000.

You can select many currencies as the base currency of your account and all transactions will be converted back to the base currency of your account.

Does Saxo Bank offer a free practice account?

Yes.

Saxo Bank offers a free 20-day demo account so you can practice trading and try out our award-winning platforms before you open a live account.

Sign up for a free demo account.

Can I open a corporate account?

Yes, you can open a corporate account with Saxo Bank.

For more information about opening a corporate account, please click here.

What products can I trade with a Saxo account?

With a Saxo account, you have access to a wide range of financial products from around the world.

  • 179 Forex crosses (including Gold & Silver)
  • Over 9,000 CFDs, and 19,000+ international Stocks
  • More than 43  FX Options
  • Futures contracts on Oil, Gold, Grains, currencies, indices and more
  • Contract Options on commodities, indices, currencies and more
  • 2,500+ investment funds as ETFs
  • Bonds

See all tradable products here.

What are the trading spreads and commissions?

Click here for a complete schedule of our trading costs, commissions and charges for all of our products.

How do I trade Saxo Bank’s products?

You can trade all Saxo Bank products on our suite of multi-asset trading platforms, including the award-winning SaxoTrader, the browser-based SaxoWebTrader, the SaxoMobileTrader and our SaxoTrader app for mobile phones and tablets.

Each platform keeps you connected to your Saxo account, and provides live trading, charts, the latest market news and analysis from the Saxo Bank Strategy Team.

What security do I have investing through Saxo Bank?

Saxo Bank A/S is a fully licensed and regulated European bank, as well as a member of the Danish Guarantee Fund for Investors, an institution established by the Danish parliament.

Please read this page which describes in detail how every client is secured at Saxo Bank with either their deposited securities or cash deposits.

To read more about Saxo Bank’s business and financial results, please visit our corporate website at www.saxoworld.com.

Where is Saxo Bank licensed?

Saxo Bank A/S is headquartered in Copenhagen, Denmark, and is incorporated in Denmark as a licensed bank regulated by the Danish Financial Supervisory Authority (FSA).

For complete Saxo Bank license and regulation details see here.

Is there a Saxo Bank office near me?

Saxo Bank has offices in 25 countries, covering the world’s major financial centres, including London, Zurich, Dubai, Tokyo, Singapore, Hong Kong and Paris.

Click here for a map of our locations around the world.

I live in the United States. Can I open an account with Saxo Bank?

No. Unfortunately we are unable to open accounts for US residents at this time.

What interest rates apply to my Saxo account?

Click here for details on interest rates applied to funds deposited with Saxo Bank.

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