Saxo Banque Opinion: a Trusted Broker?

Saxo Banque Opinion: The online broker Saxo Banque is a Danish stock broker regulated in several countries such as Denmark, United Kingdom and Singapore. Indeed, this broker offers a wide choice of financial instruments and assets to its clients. Saxo Banque is he a trusted broker? To find out, follow our article. 

Rather than a completely independent broker, Saxo banque is a subsidiary of a very popular bank: Saxo Bank. Categorized as an investment bank, Saxo Bank was founded in Denmark in 1992 under the name “Midas Fondsmæglerselskab”, which means “Midas Brokerage Company”. Thus, Saxo Bank is specifically in brokerage, precisely online brokerage. It created one of the very first platforms dedicated to online trading in 1998, a platform allowing operations on many assets at the same time.

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Affair Saxo Banque

• 1992 – Creation of Saxo Bank
• 2001 – Obtaining the banking license
• 2008 – Launch of the Saxo Banque and becomes the first broker offering Forex trading services on French territory
• 2009 – Signature of a partnership with Cortal Consors and B* Capital
• 2010 - Saxo Banque becomes a partner of the Agricote broker
• 2019 – Acquisition of the Dutch broker specialist in online trading BinckBank

Key Information about Saxo Banque

SAXO BANQUE AT A GLANCE
Creation date	1992
Regulation	ASIC - Australia ACPR - France	4.5/5
Average Spreads	EUR/USD: 1.3 DAX 30: 2 CAC 40: 2 Dow Jones: 4 Gold: 0.6	3.5/5
Proposed Assets	Currencies Index CFDs Share CFDs Commodity CFDs   CFDs on bonds CFDs on ETFs Purchase of real shares Options	4.5/5
Trading Platforms	SaxoTraderGO SaxoTraderPRO	5/5
Min Deposit	€ 2	2.5/5
Payment	Credit card Bank transfer   Transfer of titles	3/5
Customer Service	E-mail Fax telephone	3.5/5

How to Open a Trading Account in August 2026

1. Go to the site Vantage 2. Complete the Registration Form 3. Make a First Deposit (€1000 recommended) 4. Start Trading!

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Reviews Saxo Banque – What are the Financial Assets and Instruments Available in?

Proposed Instruments	Overview of the Offer
Forex (FX)	182 currency pairs 140 currency forwards
CFDs (CFDs)	9 instruments Low commissions Reduced spreads
Actions (EQ)	19 stocks (core and emerging markets) 37 global stock exchanges
Raw materials (COM)	Wide variety of commodities in the form of CFDs Futures contracts                                                               Option contracts                                                                   Spot currency pair contracts
Futures contracts (FU)	More than 200 futures contracts traded         Indexes boursiers                                    Energy                                                    Métaux                                                  Agriculture                                                Foreign exchange rates and markets
Currency Options (FXO)	44 vanilla options                             Validity ranging from 1 day to 12 months
Listed Options (LO)	Over 1200 listed and traded options       23 stock exchanges worldwide
ETFs (ETFs)	Over 3 exchange-traded funds More than 30 stock exchanges
Bonds (BO)	26 countries 21 currencies

Leverage at Saxo Banque

Leverage allows you to open larger positions than you could open with the funds you have available. This leverage would be 1:30 maximum for ordinary clients at Saxo Banque, that is to say clients who are not proven trading professionals.

However, what is certain is that the leverage effect at Saxo Banque logically varies from one financial instrument to another.

Professional clients, on the other hand, benefit from a much greater leverage effect, given that they can a priori better manage certain levels of investment and risk.

If you are a newbie investor/trader, then it is better not to try too hard to use leverage just yet. This leverage can certainly make you earn more by investing less, but it can also cause you to lose a lot. You need to have a good level of trading skills to use it properly.

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ECN Broker or Market Maker?

Just like the Saxo Bank group, Saxo Banque may act as a Market Maker when dealing with non-exchange-traded services and assets, including CTDs and currencies. Saxo can therefore, for these assets, constitute the counterparty for the transactions carried out by its clients.

Saxo may also hold, take, transfer or dispose of positions in currencies and other financial assets covered by research reports.

Concretely, Saxo Banque can act as both an ECN and a Market Maker. In the first case, be sure that Saxo practices the best rates and commissions at thevantage of its customers. In the second case, the liquidity of your securities is always ensured with Saxo Banque : this broker interacts with 15 major banks and 85 financial markets.

Reviews on Deposits and Withdrawals at Saxo Banque

Saxo allows you to make deposits into your account via the following payment methods:

• Bank transfer (about 48 hours for the funds to reach the platform);
• Credit card (the funds arrive immediately in your account)
• Transfer of securities (mainly stocks and bonds).

As for withdrawals of funds, they are done exclusively by bank transfer on Saxo Banque.

With Saxo, you pay NO FEES for deposits and withdrawals of funds from your account. Deposits and withdrawals are therefore free at Saxo Banque, and this is what we also like about this broker.

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Reviews Saxo Banque – Is this a Regulated Broker?

The parent company of Saxo Banque France (namely Saxo Bank) is licensed by the Danish Financial Markets Authority as a bank, and complies with the regulatory requirements of 15 jurisdictions.

Saxo Banque France, for its part, is approved by the ACPR (Prudential Control and Resolution Authority) as a bank, able to:

• Provide proprietary trading and investment services;
• Receive and transmit stock market orders for third parties;
• Execute stock market orders for third parties;
• Investment Advisor;
• Keep (maintain) accounts.

Is there a Saxo Banque in France ?

The Broker Saxo Banque has been present and offering its services in France since 2008. It should be noted that the stock market services that this online broker offers to its users are the same in the different countries where it is located. So, for you traders living in France, take full advantage of thevantages of the broker Saxo Banque. 

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Reviews Saxo Banque – Security and Protections Available for Client Funds and Data

The Broker Saxo Banque France attaches the utmost importance to the protection of your funds.

Concretely, with Saxo France, customer deposits are protected by the FGDR (Deposit Guarantee and Resolution Fund). Saxo Banque France adheres to the FGDR, which gives you the right as a customer Saxo Banque France to the Fund's guarantees, and your accounts are also protected in the event that Saxo defaults. We invite you to consult the FGDR website for an overview of the protections to which you are entitled.

In any case, you benefit from the following main coverages:

• Up to €100 guarantee for your deposits;
• Up to €70 guarantee for your financial assets.

Reviews of Trading Accounts Available at Saxo Banque

One of the peculiarities of Saxo Banque comes from the types of accounts it allows you to open. We were pleasantly surprised to know that it is possible to open a PEA account with this broker. In short, Saxo allows you to open three categories of real accounts: accounts for individuals, company accounts, and joint accounts.

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Accounts for Individuals (Individuals)

Unlike what is done elsewhere, as an individual, you have the possibility of opening something other than a standard account or a pro account. With Saxo Banque, you have the choice between three accounts as an individual: securities account, PEA account, and professional account.

Accounts titles

The “s” in the Saxo securities account name is very evocative. This account gives you access to several titles at once, but several is nothing to say! You actually have access to more than 40 assets with a single securities account Saxo Banque. Instruments belonging to different classes, which therefore gives you immense possibilities in terms of diversification. You will be able to add all kinds of assets to your portfolio, as soon as you see opportunities.

PEA account

The Saxo PEA account works like a securities account, but with thevantages associated with the PEA (Share Savings Plan). Here are some features of this particular account:

• Gains tax exemption after 5 years;
• Date of first payment = opening date;
• Associated cash account that can receive deposits totaling (cap) €15. At more than €000 of payments in the cash account, these are simply blocked;
• Possibility to trade (purchase, sale) only financial assets eligible for the Plan d'Epargne en Action, namely French and European title deeds (shares), and trackers;
• Possibility of making withdrawals from the PEA cash account. However, this may lead to the closure of the PEA (if the withdrawal occurs less than 5 years old) or the impossibility of making new payments beyond the ceiling (if the withdrawal occurs more than 5 years old). 'seniority).

Thus, with this account, your withdrawals are tax-exempt when they occur after 5 years of maturity. Before 5 years, withdrawals undergo a rate just as highvantageux of 12,8%. This rate, like the tax exemption, is “excluding social security contributions”.

Furthermore, you cannot hold more than one PEA account. However, you can transfer your PEA from one company to another, without this changing the age of the plan.

Professional account

Like many brokers, Saxo Banque offers an account for trading professionals. So if trading is your job, you can open a professional account with Saxo Banque. However, you must first meet 2 of the following criteria to benefit from professional status at Saxo:

• Have a portfolio with financial instruments worth at least €500;

• Work or have already worked (with proof) in the financial industry for at least 1 year;

• Have made at least 10 large transactions in the last 12 months.

With a pro account Saxo Banque, you escape the regulatory restrictions that apply to non-professional/less experienced traders, notably by benefiting from lower margin rates. You will also be able to access the SaxoTraderPRO platform dedicated to professionals, unlike the SaxoTraderGO platform dedicated to other traders.

The Company Account

With Saxo Banque, you also have the possibility of opening a company account, that is to say for your company-legal entity. You will need to provide a lot of information about your business and its manager to open this type of account. Saxo Banque : RIB, statutes, k-bis extract, latest annual report, ownership structure, etc. However, if you manage to open one, you can benefit from many opportunities.vantages, such as dedicated customer service.

Joint Accounts

Saxo Banque also allows two individuals from the same family to open a joint account. These family members must be close relatives, like parents, spouses, children, brothers and sisters. Each individual can only be included in one joint account at a time.

Saxo Banque Reviews – Fees and Offers at Saxo Banque

Saxo Banque really won us over with its spreads and commissions. These are very competitive compared to those of other brokers in the same category.

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Forex spreads

This table gives an overview of the spreads applicable to new customers Saxo Banque for Forex.

Currency pairs	Classic Customer Minimum deposit: €2	Platinum Customer Minimum deposit: €750	VIP Client Min deposit: Contact the broker
EURUSD	1.3	0.9	0.6
EUR GBP	1.3	0.9	0.7
EUR-JPY	1.6	1.2	0.9
GBP-USD	1.5	1.0	0.7
USD-JPY	1.3	0.9	0.6
EURCHF	1.5	1.1	0.8
AUD-USD	0.8	0.6	0.4
XAUUSD	25.0	18.0	13.0

Prices on CFDs

This table gives an overview of the spreads applicable to new customers Saxo Banque for CFDs (there are more than 9 with Saxo).

Instruments	Classic Customer Minimum deposit: €2	Platinum Customer Minimum deposit: €750	VIP Client Minimum deposit: Contact Broker
France 40 program	2	1.5	1
Germany 30	2	1.5	1
US Stocks 50	2	1.75	1.5
UK 100	1	0.9	0.85
U.S. 500	1	0.9	0.8
US Tech 100 NAS	1	1	0.9
US 30 Wall Street	4	3	2

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Commissions on Futures Contracts

This table gives an overview of the spreads applicable to new customers Saxo Banque for futures contracts.

Contracts	Classic Customer Minimum deposit: €2	Platinum Customer Minimum deposit: €750	VIP Client Min deposit: Contact the broker
EUR	2.5	2	1
GBP	5	2.5	1
USD	6	3	1.25
SGD	15	7.5	2
HKD	30	25	15

Product Prices on Raw Materials

This table provides an overview of the prices applicable to new customers Saxo Banque for raw materials.

Commodities	Classic Customer Minimum deposit: €2	Platinum Customer Minimum deposit: €750	VIP Client Min deposit: Contact the broker
XAUUSD	19	14	10
Or	0.6	0.55	0.5
Silver	3.5	3	2.5
American crude	0.05	0.05	0.03
British crude	0.05	0.05	0.03
WTI	6	3	1.25
Wheat	2.25	2	1.75

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Spreads on Forex Options

This table gives an overview of the spreads applicable to new customers Saxo Banque for currency options.

Currency Pairs	Classic Customer Minimum deposit: €2	Platinum Customer Minimum deposit: €750	VIP Client Minimum deposit: Contact Broker
EURUSD	7	6	5
GBP-USD	12	11	9
EUR-JPY	12	10	9
USD-JPY	8	7	5
AUD-USD	7	6	5
XAUUSD	524	511	495

Commissions on Shares

These tables provide an overview of the commissions applicable to new customers Saxo Banque regarding stocks on different financial markets.

Euronext (Paris, Brussels, Amsterdam & Lisbon)

Order Amount	Classic Customer Minimum deposit: €2	Platinum Customer Minimum deposit: €750	VIP Client Minimum deposit: Contact Broker
0 - € 1000	2.50	2.50	2.50
€ 1000 - € 5000	5 €	5 €	5 €
€ 5000 - € 7500	7.50 €	7.50 €	7.00 €
€ 7500 - € 10,000	10.00 €	8.50 €	7.00 €
> 10,000 €	0.10%	0.085%	0.07 %

North America

Purses	Indications	Classic Customer Minimum deposit: €2	Platinum Customer Minimum deposit: €750	VIP Client Min deposit: Contact the broker
NASDAQ & NYSE	(shares < $10)	$0.02/share (min. $8)	$0.01/share (min. $7)	$0.01/share (min. $6)
NASDAQ & NYSE	(shares > $10)	0,08 % (min. $8)	0,07 % (min. $7)	0,06 % (min. $6)
Toronto Stock Exchange	(shares < CAD 10)	C$0.03/share (min. CAD 12)	C$0.02/share (min. CAD 10)	C$0.01/share (min. CAD 9)
Toronto Stock Exchange	(shares > 10 CAD)	0,08 % (min. CAD 12)	0,07 % (min. CAD 10)	0,06 % (min. CAD 9)
TSX Venture Exchange	(shares < CAD 10)	C$0.03/share (min. CAD 12)	C$0.02/share (min. CAD 10)	C$0.01/share (min. CAD 9)
TSX Venture Exchange	(shares > 10 CAD)	0,08 % (min. CAD 12)	0,07 % (min. CAD 10)	0,06 % (min. CAD 9)

Asia Pacific

Purses	Classic Customer Minimum deposit: €2	Platinum Customer Minimum deposit: €750	VIP Client Minimum deposit: Contact Broker
Australian scholarship	0,10% (min AU$8)	0,07% (min AU$8)	0,05% (min AU$8)
Hong Kong Stock Exchange	0,25% (min. HKD 100)	0,22% (min.80HKD)	0,20% (min. HKD 60)
HK Stock Connect (Shanghai/Shenzhen)	0,15% (min. 40 CNH)	0,10% (min. 30 CNH)	0,08% (min. 20 CNH)
Malaysia Stock Exchange	0.20% (min. MYR 50)	0.16% (min. MYR 50)	0.12% (min. MYR 50)
Singapore Stock Exchange	0,20% (min. SGD25)	0,16% (min. SGD20)	0,14% (min. SGD15)
Tokyo Stock Exchange	0,15% (min. JPY 1)	0,12% (min. JPY 1)	0,10% (min. JPY 1)

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Bond Commissions

This table gives an overview of the spreads applicable to new customers Saxo Banque regarding bonds.

Obligations	Classic Customer Minimum deposit: €2	Platinum Customer Minimum deposit: €750	VIP Client Minimum deposit: Contact Broker
European government bonds	0,20% (min. €80)	0,10% (min. €60)	0,05% (min. €50)
US government bonds	0,20% (min. €80)	0,10% (min. €60)	0,05% (min. €50)
European and US corporate bonds	0,20% (min. €80)	0,10% (min. €60)	0,05% (min. €50)
Emerging Markets Bonds	0,20% (min. €80)	0,10% (min. €60)	0,05% (min. €50)

General overview of tariffs and commissions

This table gives an overall overview of the commissions and prices charged by Saxo Banque on all its categories of financial instruments.

Instrument Categories	Pricing / Spreads
Forex	From 0,4 pips
Currency options	From 3 pips
CFD	From 1 pip on France 40
Stocks	From €2,5 for French titles
Commodities	From $1,5 per lot
ETF	Starting from 2,5 €
Futures contracts	Starting from 1 €
Obligations	From 0,05%
Options listed	Starting from 1,25 €
Funds	$ 0

Reviews of Trading Platforms Offered by Saxo Banque

SaxoTraderGO and SaxoTraderPRO are the two main platforms developed by Saxo for its clients (a SaxoInvestor platform also exists at Saxo, but it will not be presented here because it is only available in Singapore and Denmark). These are complete platforms, at the cutting edge of technology, and suitable for both novice and professional investors / traders, traders looking for flexibility and power, as well as those wishing to carry out their transactions easily on the go. These platforms are also accessible on mobile.

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SaxotraderGO

SaxoTraderGo is a multilingual trading platform, accessible through your device's browser. It is possible to adjust the size of the windows to your liking. SaxoTraderGO is designed to effectively meet the needs of traders regardless of their profile (beginner or expert). The platform is accessible on PC, Mac and on any mobile device (tablet, smartphone.).

It is easy to handle and offers a large number of modern and powerful features. It also offers a search bar that gives you easy access to market assets. Each financial asset sought is associated with derivative products (futures, swaps, options, CFDs, etc.) during the presentation.

Saxo TraderPro

The TraderPro platform is very user-friendly and optimized for professional traders who want to make a large volume of trades in the market. The platform is accessible on PC and Mac.

SaxoTraderPRO is software with high performance. It helps you organize and easily place your stock market orders. It offers state-of-the-art market trend analysis tools.

To trade via the SaxoTraderPRO platform, it is essential to download the application. The download is free, but if you want to take advantage of certain advanced features you will have to spend a little money. It is possible to download from the website of Saxo Banque.

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Services Accessible on Mobile

It is also possible to access the broker's services Saxo Banque from a mobile device. Its software is compatible with the Android and iOS systems of your mobile devices. It offers modern and state-of-the-art features. You can quickly register your orders and exchanges and follow their developments on the market.

The mobile platform of Saxo Banque works simultaneously with the SaxoTraderGO software. All trades you perform on SaxoTraderGO are accessible from your mobile device. The mobile platform operates almost autonomously. You can therefore follow the progress of prices on the market, while you travel.

Reviews Saxo Banque – Customer Service Saxo Banque

You can seek assistance from professionals at Saxo Banque through the following popular ways:

• E-mail : [email protected]
• Telephone: +33 1 78 94 56 40
• Fax: +33 1 78 94 56 49

You can directly access all these services between 8:30 a.m. and 20:00 p.m., Monday to Friday. Of course, the website and email services can be accessed 24/24.

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Opinion on Saxo Banque : Avantages & Désavantages

Benefits	Of hisvantages
Regulated Offers a wide choice of assets  Affordable fees and commissions No deposit or withdrawal fees No inactivity fees Professional and efficient customer service Secure platform Easy-to-use platforms rich in analytical tools and features	Somewhat high minimum deposit (€2) Limited deposit and withdrawal methods Validity of the demo account a little fair and improvable (currently 20 days)

Conclusion Saxo Banque – Is it a Trust Broker?

In this article, the information and customer reviews that we have discussed about the online broker Saxo Banque displays that it is a trusted broker. Indeed, this broker is very suitable for all investors of all levels. Additionally, the trading fees that Saxo Banque applied are the most interesting on the stock market. Finally, it is worth knowing that this online broker protects its users' funds and information very well and has had no problems in this regard until now. 

Saxo Banque Is it Reliable?

Saxo Banque and its group are recognized worldwide, regulated by the strictest and safest authorities. It is a safe and reliable broker.

⚖️Can we trust the Broker Saxo Banque ?

Saxo Banque is a trusted, reliable and above all regulated broker. There's no reason not to trust him. There is no risk of scam or of the broker acting against your interests.

Saxo Banque Is He a Good Broker for Beginners?

It is that Saxo is a little more suitable for experienced traders, but this broker is very well suited to novice traders as well. Its SaxoTraderGO platform is intuitive, easy to learn, and has ergonomic tools and features. The broker also offers free courses and training for novices in trading.

Saxo Banque Does it require a Minimum Deposit?

Yes. The first deposit floor on Saxo is exactly €2.

❓Who will be my contact at Saxo Banque ?

After creating your account, Saxo Banque assigns you a member of their staff to monitor your account.

Saxo Banque Does it offer Title Transfers?

Yes, it is possible to transfer valuation securities to Saxo Banque.

Have you ever used Saxo Banque and would like to share your experience? Leave us a comment !

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