Saxo Bank is one of the oldest Retail FX and CFD brokers, and is still today one of the largest doing about $300 billion in combined monthly volumes. The Copenhagen firm was founded in 1992 by Danish entrepreneurs Lars Seier Christensen and Kim Fournais, who co-ran the company until control of Saxo was acquired by China’s Geely Group in late 2017. Saxo Bank has matured from a mainly FX trading shop into a true multi-asset broker, with about half of its client trading volumes in any given month from a combination of Equities (including Index trading), Commodities and Fixed Income CFD products.
In addition to holding a bank license in its home market of Denmark, Saxo Bank subsidiaries are licensed in the UK, Singapore, Switzerland, France, The Netherlands, Belgium, Hong Kong and Australia. The group holds over €46 billion in combined client assets, and employs over 2,100 staff worldwide.
Saxo Bank offers its own proprietary SaxoTraderGO and SaxoTraderPRO trading platform to clients, in addition to a number of third party platforms. Clients not using the proprietary platforms can trade their Saxo account using the popular MT4, as well as Dynamic Trend, TradingView, and MultiCharts. Clients can also receive tailored multi-asset liquidity via FIX API.
AFM, BinckBank, featured, Saxo Bank
0 Comments
The Dutch Authority for the Financial Markets (AFM) imposed an administrative fine of €530,000 on BinckBank N.V.
featured, Saxo Bank
0 Comments
The increase was led by a healthy 31% jump in Equities trading at Saxo Bank in May, to $228.2 billion.
featured, Saxo Bank, Saxo Bank Japan
0 Comments
Saxo Bank Securities Co., Ltd., the Japanese subsidiary of multi-asset investment specialist Saxo Bank, will relocate its office.
featured, Saxo, Saxo Bank, SaxoPartnerConnect
0 Comments
The feature is available to all users of SaxoPartnerConnect and is read-only at this stage.
featured, introducing broker, Saxo, Saxo Bank
0 Comments
Saxo Bank announces that the new “My Profile” platform menu will be released to Introducing Broker partners in Q3.
featured, OpenAPI, Saxo, Saxo Bank
0 Comments
Multi-asset investment specialist Saxo Bank has released a new version of its OpenAPI, enhancing several service groups.
featured, Saxo, Saxo Bank
0 Comments
Multi-asset investment specialist Saxo Bank will add new field “FEEMS” in Saxotools – CCM.
featured, Saxo, Saxo Bank
0 Comments
Multi-asset investment specialist Saxo Bank announces a significant milestone as its client assets surpass USD 100 billion.
featured, introducing broker, Saxo, Saxo Bank
0 Comments
Saxo Bank announces that a new funding journey will be released to Introducing Broker partners in Q3.
Charlotte Eckermann Larsen, featured, procurement, Saxo Bank
0 Comments
The move marks a return home of sorts for Ms. Larsen, who held the same position at Saxo Bank from 2008-2010.
