Saxo Bank Brokerage Company
Saxo Bank is a regulated EU bank with more than 25 years of experience in trading. It is one of the leading choices for active traders as they can trade more than 35,000 instruments from a single account.
Saxo Bank is also well-known for its award-winning trading platforms, competitive pricing structure, and tailored customer service. Traders can trade in about 180 forex spot pairs and 140 forwards, forex vanilla options, more than 9,000 CFDs, stocks from 36 worldwide exchanges, futures from 23 global exchanges, more than 5,000 bonds, ETFs from 30 global exchanges, and over 1,200 listed options from 23 worldwide exchanges with Saxo Bank.
The trading platforms offered by Saxo Bank include SaxoTraderGo and SaxoTraderPro. Many traders and investors use SaxoTraderGo as it is fast, reliable, powerful, and easy to use. SaxoTraderGo is web-based and is compatible with both MAC and Windows, with apps for Android and iOS. It can be accessed without any subscription fees and has an intuitive interface with provisions to trade, manage orders, and access charts. SaxoTraderGo works with an extensive product range from a single multi-currency account and is functional across desktops, laptops, tablets, and mobiles.
On the other hand, SaxoTraderPro is used by professional traders due to its advanced features. It offers high-performance tools like algorithmic orders, depth trader, option chain, and charting package. SaxoTraderPro trading platform also helps in risk management with the help of account shield, margin utilization breakdown, and other advanced features.
The commission charged by Saxo Bank starts from $6 on US stocks, $1.50 per lot on futures, from 0.05% on bonds, from $6 on US-listed ETFs, and is volume-based for forex. Overall, Saxo Bank offers industry-leading commissions along with award-winning platforms.