Saxo Capital Markets Review for 2019

Saxo Capital Markets Rated 3/5
Saxo Capital Markets have a low rating. We recommend you look at one of their alternative brokers.
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Saxo Capital Markets Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Saxo Capital Markets we break down the pros and cons. What Saxo Capital Markets are able to offer, what countries Saxo Capital Markets are available in. Who Saxo Capital Markets are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Saxo Capital Markets

  • Regulated by: Financial Conduct Authority
  • Headquarters Country : Denmark
  • Foundation year 2012
  • Min Deposit Fee : 6500
  • Used by over 10,000 traders
  • Saxo Capital Markets is not available in the following countries : GB, KR, IR, IQ, SY, JP, US
Open Saxo Capital Markets's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to Saxo Capital Markets

With this review we hope to help you see if Saxo Capital Markets is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Saxo Capital Markets that will help you get off to a good start in the world of online trading.

Saxo Capital Markets Review Table of Contents

Saxo Capital Markets what you should know

Saxo Capital Markets offer two ways to trade: Forex, CFDs.

With Saxo Capital Markets you will need a minimum deposit of $6500. You can sign up for a demo account to acquaint yourself with Saxo Capital Markets platform.

Saxo Capital Markets are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Saxo Capital Markets safe?

When choosing a broker like Saxo Capital Markets the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2012, and in operation for 7 years Saxo Capital Markets have a head office in Denmark.

Saxo Capital Markets is regulated. This means Saxo Capital Markets are supervised by and is checked for conduct by the Financial Conduct Authority regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Saxo Capital Markets, this will be honored. If Saxo Capital Markets violate any regulatory rules their regulated status could be stripped.

Any payments funded to Saxo Capital Markets accounts by traders are held in a segregated bank account.

For added security Saxo Capital Markets use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Saxo Capital Markets. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Saxo Capital Markets

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like about Saxo Capital Markets

  • Used by over 10,000 traders
  • Established in 2012
  • Regulated by Financial Conduct Authority
  • Min. deposit from $6500

What we don't like about Saxo Capital Markets

Saxo Capital Markets General Fees

  • Saxo Capital Markets doesn't charge withdrawal fees
  • Saxo Capital Markets doesn't charge inactivity fees

Saxo Capital Markets Commissions

  • Saxo Capital Markets does charge commission on CFD shares.

What can you trade with Saxo Capital Markets?

You can trade a wide variety of instruments with Saxo Capital Markets over 100 instruments infact.

If you are looking at trading currency pairs Saxo Capital Markets offer over 200 currency pairs.

Compare Saxo Capital Markets with eToro and XTB below.

Losses can exceed deposits

FX / Currencies Saxo Markets eToro XTB
Forex pairs offered 200 50 50
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Saxo Capital Markets eToro XTB
Commodities offered 70 0 21
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs Saxo Capital Markets eToro XTB
Stocks offered 19000 957 1696
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares No Yes Yes
Saxo Markets
Instruments
eToro
Instruments
XTB
Instruments

Trading on Saxo Capital Markets web platforms and other applications

Saxo Capital Markets offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

An Saxo Capital Markets IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

Saxo Capital Markets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See Saxo Markets's platforms

Saxo Capital Markets Trading benefits :

  • Allows scalping
  • Offers STP

Saxo Capital Markets Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • ECN account

Can I try Saxo Capital Markets before I buy?

Saxo Capital Markets offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do Saxo Capital Markets accept?

Saxo Capital Markets offer the below funding payment methods. learn more about Saxo Capital Markets

  • Credit cards
  • Bank Transfer
  • Payoneer

How can I start trading with Saxo Capital Markets?

When opening a trading account with Saxo Capital Markets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Saxo Capital Markets trading platforms here.

Performing trades with Saxo Capital Markets

Saxo Capital Markets allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Saxo Capital Markets offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at Saxo Capital Markets

To trade effectively with Saxo Capital Markets, it's important to get a have a good understanding of the XTB trading tools and the markets.

Saxo Capital Markets offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Saxo Capital Markets.

Take time to look around the Saxo Capital Markets platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at Saxo Capital Markets

Saxo Capital Markets support a wide range of languages including Arabic, Chinese, Czech, Danish, Dutch, English, Finnish, French, German, Greek, Hungarian, Italian, Norwegian, Polish, Romanian, Russian, Slovenian, and Spanish

Saxo Capital Markets have a double AA grade support rating because Saxo Capital Markets offer over three languages, email support.live chat and email support.

What you will need to open an account with Saxo Capital Markets

As Saxo Capital Markets is regulated by Financial Conduct Authority, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Saxo Capital Markets's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Saxo Capital Markets you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.home.saxo/ on 12th August 2018.

Saxo Capital Markets not quite right?

Check out these Saxo Capital Markets Alternatives

We have spent years researching the best alternatives to Saxo Capital Markets. Click the links below to learn more.

If you feel some of the above Saxo Capital Markets are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Saxo Capital Markets alternatives below.

Related Saxo Capital Markets Comparisons

If you would like to see how Saxo Capital Markets stands up against other brokers you can read some of our Saxo Capital Markets comparisons below. We compare side by side some of our top rated Saxo Capital Markets versus comparisons. Read some indepth Saxo Capital Markets VS pages below.

SAXO CAPITAL MARKETS Frequently Asked Questions

Can I try Saxo Capital Markets before I buy?

Saxo Capital Markets offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Saxo Capital Markets accept?

Saxo Capital Markets offer the following funding payment methods accept Credit cards, Bank Transfers, Payoneer, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

How can I start trading with Saxo Capital Markets?

When opening a trading account with Saxo Capital Markets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Saxo Capital Markets trading platforms here.

Is my money safe with Saxo Capital Markets?

Saxo Capital Markets is regulated by Financial Conduct Authority. One of the most important criteria for traders when choosing a broker like Saxo Capital Markets is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Saxo Capital Markets, this will be honored. If they violate any regulatory rules their regulated status can be stripped.