Saxo Bank Review

Saxo is an award-winning, regulated broker that offers a multi-asset class trading experience in over 30 languages. With a global collection of more than 40,000 instruments, you can trade stocks, ETFs, mutual funds, currencies, CFDs, bonds and commodities with one platform. Learn more https://www.theinvestorscentre.co.uk/reviews/saxo-review/

Its multi-asset platform is easy to use with a universal app experience across devices. Customized charts and watch lists save and sync automatically. You can also access market news and research from Reuters, as well as Saxo’s own strategy team via their ‘week ahead’ videos.

Saxo Bank Review: A Comprehensive Overview of Saxo’s Services

Another key feature of the platform is that it supports many different order types, such as limit, market if touched, stop limit, trailing stops, and more. This gives traders more flexibility in their trading strategies and allows for a more customizable experience.

In addition to a full range of trading features, Saxo provides an extensive set of educational resources for investors. These include trading videos, webinars and articles on topics such as forex, trading psychology, and risk management.

Traders can open a free account with Saxo. Its platform is available in over 30 languages and includes a demo mode. However, it is important to note that demo accounts do not offer the same level of protection as live accounts. Additionally, trading carries risk and you could lose more than your initial investment. To minimize this risk, it is recommended that you only trade with money that you can afford to lose. In terms of fees, Saxo charges a standard brokerage fee of 0.22% per trade on all accounts. This is comparable to other brokers but it may be higher than what you’d pay through a competitor such as AJ Bell. Saxo also charges a custody fee, although this varies by country.