Saxo Capital Markets is an FCA Regulated forex, CFD and spread betting broker. Saxo Capital Market offers an access to traders major markets like currencies, indices, commodities and shares. For traders interested in cryptocurrencies like Bitcoin, Saxo Bank is among one of the few brokers that offer cryptocurrency CFDs to its clients.
To open a live account with Saxo Bank, you’ll need a minimum deposit of at least $2000. Alternatively, Saxo Bank offers a demo account that you can use to practice and familiarise yourself with their platform.
Saxo Capital Markets Review
Saxo Markets (Saxo Bank) FAQs
Does Saxo Markets accept Paypal?
Saxo Markets does not accept Paypal
Does Saxo Markets accept Neteller?
Saxo Markets does not accept Neteller
Does Saxo Markets accept Skrill?
Saxo Markets does not accept Skrill
Does Saxo Markets offer Islamic accounts?
Saxo Market offer Islamic accounts
Does Saxo Markets allow hedging?
Saxo Markets does not allow hedging
Does Saxo Markets allow scalping?
Saxo Markets does allow scalping
Does Saxo Markets offer ECN accounts?
Saxo Markets offer ECN accounts
Does Saxo Markets offer micro accounts?
Saxo Markets does not offer micro accounts
Does Saxo Markets offer Cryptocurrencies?
Saxo Markets offer Cryptocurrencies (See brokers that offer Cryptocurrencies here )
Does Saxo Market offer Ethereum?
Saxo Markets offer Ethereum (See brokers that offer Ethereum here )
Does Saxo Markets offer MT4 trading platform?
Saxo Markets does not offer MT4 (See MT4 brokers here )
Does Saxo Markets offer MT5 trading platform?
Saxo Markets does not offer MT5 (See MT5 brokers here )
Does Saxo Markets offer Spread betting accounts?
Saxo Markets does not offer Spread Betting accounts (See Spread Betting brokers here)
Does Saxo Markets offer negative balance protection?
Saxo Markets offer negative balance protection due to ESMA regulation.
Does Saxo Markets provide education material?
Saxo Markets provides various trading education in various formats under their insights section.
- Videos
- Webinars
- Seminars
- Trading analysis
Saxo Markets (Saxo Bank) Charges
What are the general fees of trading with Saxo Markets (Saxo Bank)?
- Saxo Capital Markets doesn’t charge inactivity fees* (please check the website for the latest updates)
- Saxo Capital Markets doesn’t charge withdrawal fees* (please check the website for the latest updates)
What are the overnight fees & swap rates for long and short positions?
- The rollover fee for long positions on EUR/USD is $0.0264
- The rollover fee for short positions on EUR/USD is $0.0082
Does Saxo Markets (Saxo Bank) charge commissions?
- Saxo Capital Markets does charge commission on CFD shares
What are the main advantages opening an account with Saxo Capital (Saxo Bank)?
Main advantages:
- Allows scalping
- Mini account
- ECN account
- Segeregates client funds
- Regulated by Financial Conduct Authority
