Saxo Bank UK Review 2021
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| A regulated bank, Saxobank offer CFD, Stocks and Forex trading on 35,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms | ||
Saxo Bank is broker that offers traders CFD, Forex, Cryptocurrency and Stocks. Saxo Bank allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.
In terms of features offered to traders, Saxo Bank has Demo Accounts, Islamic Accounts and Signals but is missing Social Trading and Auto Trading.
Careful traders will be reassured knowing that Saxo Bank is licensed to offer trading services by several regulators, 3 in fact, including the FCA.
Saxo Bank Summary
A regulated bank, Saxobank offer CFD, Stocks and Forex trading on 35,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
Ratings
100%
Trust
66%
Instruments
57%
Features
| Bonus | None |
|---|---|
| Instruments | CFD, Forex, Crypto, Stocks |
| Demo Account | ✓ |
| Min. Deposit | £500 |
| Min. Trade | Vary by asset |
| Regulated By | Danish FSA, FCA and Others |
| MT4 Integration | ✓ |
| MT5 Integration | ✗ |
| Mobile Apps | SaxoTraderGo (iOS, Android, Windows) |
| Auto Trading | ✗ |
| Trade Signals | ✓ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
CFD Trading
| FTSE Spread | 1.2 pts (Variable) |
|---|---|
| GBPUSD Spread | 0.7 (var) |
| Oil Spread | 0.03 |
| Stocks Spread | 0.10% (subject to min commission) |
Forex Trading
| GBPUSD Spread | 0.7 (varies by region) |
|---|---|
| EURUSD Spread | 0.2 (varies by region) |
| EURGBP Spread | 0.6 (varies by region) |
| Assets | 40+ |
Risk Warning – Your capital is at risk
Saxo Bank vs Other Brokers
If you want to compare Saxo Bank with other brokers, use the detailed comparisons below.
Saxo Bank vs |
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| A regulated bank, Saxobank offer CFD, Stocks and Forex trading on 35,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms | ||