Saxo Bank has built a reputation as a leading forex and CFD brokerage for active traders and investors. However, Saxo offers diverse asset classes and services that extend far beyond forex trading. This Saxo Bank review will explore the broker's capabilities for trading CFDs, ETFs, bonds, futures, stocks, and more.
Getting to Know Saxo Bank
Founded in 1992, Saxo Bank is headquartered in Copenhagen, Denmark, and possesses nearly 30 years of market experience. Regulated across multiple jurisdictions, Saxo provides traders access to over 40,000 instruments across asset classes.
Saxo is praised for its cutting-edge trading platforms, competitive pricing, sophisticated analysis tools, and multi-asset offering. For active traders seeking global market access from a single account, Saxo Bank delivers an extensive suite of assets.
Trading CFDs with Leverage
Beyond major currency pairs, Saxo Bank allows traders to trade CFDs (contracts for difference) across asset classes, including indices, commodities, bonds, stocks, ETFs, futures, and options.
CFDs allow traders to profit from price movements without owning the underlying asset. Saxo offers leverage up to 20:1 on CFDs, enabling clients to gain greater exposure with less upfront capital. However, leverage also amplifies losses, so caution is warranted.
Saxo scores highly in Saxo Bank reviews for its transparent, competitive pricing on 150+ CFD products. Traders can short-sell and place stop losses on CFDs to manage risk. Overall, Saxo provides flexible CFD trading across myriad markets.
Diversifying with ETFs
For investors seeking diversity, Saxo Bank offers access to over 2,000 exchange-traded funds (ETFs) from issuers worldwide.
ETFs provide low-cost exposure to stock indices, sectors, commodities, etc. Saxo allows trading on margin for leveraged ETF positions. Helpful research and screening tools assist investors in selecting suitable ETFs for their strategy.
Whether seeking income, growth, or diversification, Saxo Bank enables building a balanced ETF portfolio alongside other asset classes within a single account.
Exploring Bonds and Futures
Looking beyond stocks and forex, Saxo also grants access to bonds and futures markets.
Traders can access over 2,500 corporate and government bonds from 20+ countries. Real-time pricing and liquidity allow nimble bond trading strategies.
Additionally, Saxo offers trading on 100+ futures across indices, energies, metals, softs, rates, and more. Hedging capabilities and margin trading provide extensive flexibility when trading futures.
Managing a Multi-Asset Portfolio
A standout aspect of Saxo is that it enables traders and investors to manage a globally diversified portfolio across a single platform and account.
Assets can be traded on margin for leverage, hedged to manage risk, and analyzed using Saxo's professional-grade tools. Saxo's expertise spans across forex, CFDs, stocks, futures, options, bonds, and ETFs.
Active investors and traders highly value this multi-asset access and functionality from a trusted, regulated brokerage like Saxo Bank.
Powerful Trading Platforms
- SaxoTraderGO – An Intuitive web-based platform ideal for new traders. Includes useful trading tools and integrated trading.
- SaxoTraderPRO is a fully-featured desktop platform for advanced traders. Complete customization and expert technical analysis.
- Saxo Mobile Trader - Trade on iOS or Android devices. Charts, alerts, options chains, and more. Seamless experience.
- Saxo API - For algo traders, connect trading bots and utilize Saxo infrastructure. Custom code solutions.
These cutting-edge platforms make Saxo a preferred broker for traders demanding robust, efficient trading capabilities.
Education and Research
Saxo Bank also provides exceptional research and education resources to help clients make informed decisions.
Daily analysis covers macroeconomic events, technical levels, trends, and trade ideas. Expert strategists contribute high-quality, actionable content across markets.
Saxo offers courses, webinars, manuals, ebooks, and more for learning. The Saxo Bank Institute provides a member community with professional networking.
Fees and Account Minimums
For pricing, Saxo Bank does not charge separate trading commissions. Costs are embedded in asset spreads, and no dealing desk intervention occurs.
Overnight financing fees apply for the Saxo bank inactivity fee, and leveraged positions may apply to dormant accounts. However, pricing is competitive overall based on volume.
The minimum account balance is $10,000 to access all trading features, which is reasonable for an institutional-grade broker.
Saxo Bank provides extensive multi-asset trading capabilities for sophisticated traders alongside world-class platforms, research, and tools. Saxo Bank deserves strong consideration for broad market exposure from a trusted broker.