Saxo brand today is one of the leading retail forex and multi-asset brokerages, with multiple regulated entities including Saxo Markets, regulated in the UK, and Saxo Bank, which is licensed and regulated as a Danish bank with. Yes, you can also trade shares, CFDs, forex options, bonds, ETFs, futures and more. Minimum deposit The minimum deposit to start trading forex with Saxo Capital Markets is 3,000. It also offers an additional trading account, Saxo Essential, that is a limited-risk account. 182 forex spot pairs, and 140 forwards.
Consistency in spread across notional trade sizes. What are the pros and cons of using Saxo Capital Markets forex trading? If you trade over 500 million USD, you will receive a 60 (30 USD) discount on commission paid on volume traded up to 1,000 million USD. More than 19,000 global shares and more than 3000 ETFs available. Unlike the above trading accounts, your losses on margin trades cannot exceed the funds available in your Essential account. What can you trade with Saxo Capital Markets? Funds are completely segregated. Commissions and Spreads, saxo Bank charges a staggered list of commissions for their trading services depending on the size of your account. Trading Platform, saxo Bank offers a few different choices for platforms. The spreads are floating as it is a true ECN. The first option is an FX All-Inclusive Price Plan, which includes the commission in the spread.
If youd like to open a trading account with Saxo Capital Markets, click on the Apply now link at the top of this page. More than 200 futures across 23 global exchanges. The ability to resize, pin, and rearrange windows wasnt as intuitive as resizing windows in the web-based version, yet the desktop version gives more options for customizations to be made. The second option is an FX Volume Price Plan, where there are three choices available based on the amount you trade per month.