Saxo Bank A/S is a Denmark licensed and incorporated bank also offering investing services and trading currencies on global financial markets. The company is headquartered in Hellerup, Denmark. The company’s services and activities are regulated by the Danish Financial Supervisory Authority (FSA). As a member of the European Union, Denmark has incorporated the EU Banking and Investment Directives into Danish law. The company was established in 1992.
The broker specializes in online trading and investment across international financial markets enabling private investors and institutional customers to trade FX, CFDs, ETFs, Stocks, Futures, Options and other financial tools and trading assets via multi-award winning online trading platforms such as SaxoWebTrader, SaxoTrader and SaxoMobileTrader. Besides the broker offers trust management and professional investment portfolios.
The trading accounts with Saxo Bank start from $10000 with the leverage reaching up to 200:1 and the spreads on major currency pairs ranging from 2 to 3 pips. From the beginning of its operation the company’s team has emphasized advanced technologies as a vital and indispensable element for being highly competitive in the online trading industry. Safeguarding customers’ data and securely controlling, fulfilling and managing real-time internal systems are of extreme importance to the company. A large group of highly experienced IT professionals works hard to firmly secure all of the broker’s information and operating systems.