Saxo Bank is a Danish investment bank founded in 1992 that provides online trading services. The company is regulated by several financial regulators around the world, including the Danish FSA, the UK FCA, and the Italian CONSOB.
The platform offers access to over 70,000 financial instruments from Forex, CFDs, shares, ETFs, funds, cryptocurrencies, bonds, options and the SaxoSelect investment portfolio.
Saxo Bank: Supported Currencies and Account Opening
The Saxo Bank platform is available in Polish, and its 26 base currencies include the Polish złoty (PLN). Support for clients in our part of Europe is provided by the Czech office.
New customer verification and account opening is virtually instantaneous. The broker does not require a minimum deposit for the Classic account.
A full breakdown of the costs and commissions charged by Saxo Bank can be found here .
Interest on free funds
Saxo offers a very attractive interest rate on unused funds. It can be as high as 4% per annum.
Earn profits from your uninvested capital without a minimum investment period or maximum deposit. Your funds will be constantly available for withdrawal or investment, while generating income daily.
Here (link) you will find an account interest rate calculator , which depends on, among other things, the deposited amount and the type of account.
Geographical diversification of assets
It’s worth noting that Saxo Bank is affiliated with the Danish Guarantee Fund and offers free sub-accounts in various currencies. This is an interesting option for those looking to geographically diversify their assets.
Account types at Saxo Bank
Saxo Bank broker offers three types of individual accounts:
Classic
- Minimum deposit: none;
- Account and technical support available 24/7;
Platinum
- Minimum deposit: €200,000;
- Spreads lower by up to 30%;
- Account and technical support available 24/7;
- Priority customer service in local language;
VIP
- Minimum deposit: €1,000,000;
- Best spreads;
- Account and technical support available 24/7;
- Personal account manager (in local language);
- Direct access to financial experts 24/7;
- 1:1 sessions with Saxo Strats experts;
- Invitations to exclusive events;
Trading platforms at Saxo Bank
Saxo Bank offers 2 different trading platforms, the ability to connect your account to external platforms such as MultiCharts or TradingView and the ability to use APIs.
The broker offers two proprietary trading platforms: SaxoTraderGO and SaxoTraderPRO.
SaxoTraderGO offers enhanced trading orders, fundamental and technical analysis tools, an extensive charting package, options chain, performance analysis and comprehensive account information.
SaxoTraderPRO features algorithmic orders, one-click trading, option chains, and advanced charting. Analyze your results in detail with the redesigned account section.
Saxo Bank’s range of instruments
The broker divides its products into two types – leveraged products and traditional investment products.
Leverage products
- Crypto FX
- Forex
- CFDs
- Futures contracts
- Raw materials
- Currency options
- Stock options
- SaxoSelect – Trading Strategies
Investment products
- Shares
- Bonds
- ETFs
- Cryptocurrency ETFs
- Investment funds
- SaxoSelect – Managed Portfolios
Czy broker Saxo Bank jest bezpieczny?
Tak, Saxo Bank to znana instytucja finansowa, która działa na rynku od 1992 roku.
Czy broker Saxo Bank działa legalnie?
Broker jest regulowany w wielu krajach - Dania (FSA), Wielka Brytania (FCA), Włochy (CONSOB), Japonia (FSA) oraz inne.
W co można inwestować na platformie Saxo?
Saxo Bank pozwala na inwestycje w Akcje, ETFy, Obligacje, ETFy kryptowalutowe, Fundusze specjalne oraz produkty lewarowane (w tym forex).
Czy konto w Saxo Bank jest płatne?
Nie, broker pobiera za to spready i prowizje od transakcji.