Saxo UK sees 13% drop in Revenue, 32% fall in Profit in 2024
Saxo UK accounts for approximately 5% of overall Saxo Bank company revenue.
Saxo Bank
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.
Saxo Bank to implement new password complexity requirements
Multi-asset investment specialist Saxo Bank has informed its white label partners of the upcoming enforcement of password complexity requirements.
Crypto.com hires Saxo marketing vet Nicolò Pagliari as VP of Growth and Media
Nicolò Pagliari comes to Crypto.com from online broker Saxo Bank, where he was Head of Marketing – Asia and Pacific.
Saxo reiterates commitment to make its digital services accessible and usable for all customers
The European Accessibility Act (EAA) is a legislative measure aimed at enhancing digital accessibility for people with disabilities across Europe.
Saxo Bank enhances model manager in SaxoPartnerConnect
Multi-asset investment specialist Saxo Bank has enhanced the model manager in SaxoPartnerConnect (SPC).
Saxo Bank unveils updated main menu and client tree in SaxoPartnerConnect
Multi-asset investment specialist Saxo Bank has unveiled several updates and enhancements that are now available on SaxoPartnerConnect (SPC).
Saxo Bank issues Q3 2025 outlook focused on evolving global economic and market landscape
Saxo Bank has released its quarterly outlook for Q3 2025, focused on the evolving global economic and market landscape.
Saxo Bank expands performance dashboard to help manage sales funnel
Multi-asset investment specialist Saxo Bank has notified independent asset managers of changes to the Performance dashboard.
Saxo Bank to remove some attributes on Portfolio’s Account resources
Multi-asset investment specialist Saxo Bank has announced planned changes to its OpenAPI.
Saxo Bank enhances Portfolio and Client Services groups in OpenAPI
Multi-asset investment specialist Saxo Bank continues to enhance its OpenAPI, with the latest release improving Portfolio and Client Services groups.
