FBRForex Broker Rating
SA

Saxo Review

Updated regularly · Independent ratings

Overall 4.7
Overall Rating
4.7 / 5
Fees
4.5 / 5
Safety
4.7 / 5
Platforms
4.7 / 5
Education
4.6 / 5
Min. deposit
$0
ForexStocksETFsFundsBondsOptionsFuturesCFDsPlatforms: Web, Mobile, Desktop, TradingViewRegulators: FSA (Denmark, Europe), FCA (United Kingdom), ASIC (Australia), MAS (Singapore), FINMA (Switzerland), SFC (Hong Kong), FSA (Japan), CONSOB (Italy), National Bank of Belgium (Belgium), FSMA (Belgium), Bank of Brazil (Brazil), Czech National Bank (Czech Republic), Central Bank of U.A.E (United Arab Emiorates), Banque de France (France), AFM (France)

Pros & Cons

Pros

  • Strong global regulatory framework
  • Easy account onboarding process
  • Multiple account base currencies
  • Extensive product offering
  • Deep global market reach
  • Low trading fees
  • Advanced proprietary trading platforms
  • Excellent research and analysis tools

Cons

  • Not listed on the stock exchange
  • No support for digital wallet payments
  • No MT4 or MT5 platform support
  • High options fees
  • High futures fees
  • No 24/7 customer service
  • Premium accounts require high deposits
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