On-line since: About the company:
SaxoBank was founded in 1992 by the Danish businessman. Originally the Company was called Midas, but it was changed to SaxoBank at the time the bank obtained its European license for banking in 2001.
9/10
(votes 5744)
Web-site: SaxoBank
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I've got a professional service with SaxoBank, The SaxoTrader platform in advance and user-friendly interface. So I can take a perfect position in the live price quote and their spread is competitive with me. Which helps me to earn $1K so far. I know that they have regulation from the Swiss National Bank. So I am risk-free about my investment. Overall SaxoBank is the best option for me.
I am not happy with how things are going with SaxoBank. I opened an account with this broker hoping that I will have a smooth and productive trading experience. However, their platform is too shaky which makes it difficult to make trades. I am often interrupted by errors and I end up missing some trading opportunity.
I don't really like this broker. Support replies are standard templates which doesn't relate to the concern of the client. I'm having a lot of problems during trading with this broker. I once did not get a bonus, and often fail to make the process of withdrawal due to server and platform they use is always impaired and not up to date. Already lost nearly $4000 USD. It lacks of good services and tight spreads. Also, spreads are high from time to time and there is a poor execution of trades. Please be aware this broker, because they are just a cheater!
As a trader with long experience, I can proudly say that Saxo Bank is my broker and this has been taking care of me since day 1. I invested quite a huge amount on this broker and I did not need to hesitate because the broker is well-regulated and I am assured that my fund will be secured. Also, the whole trading experience is great. The tools that they provide are of good quality and their customer support representatives are always available.
I have been using Saxo Bank for a year. It’s very easy to open an account with them, processes of deposits or withdrawals are fast. What I like the most if that they allow microlots and offered leverage is great. great website design which made the navigation easier and not confusing. As for the deposit and withdrawals, these transactions are processed efficiently. great website design which made the navigation easier and not confusing. As for the deposit and withdrawals, these transactions are processed efficiently.
I think Saxo Bank is the fit broker for their fixed for scalping strategy due to the fixed spread and stable MT4 trading platform. Actually, their MT4 platform trading execution didn't miss my possition and I can use many trading tools for trade analysisis. Also, I have customized this platform too and the scalping EA works much better than I thought. Till now I've withdrawn almost $680 profit from a standard account. So I give an only good mark to Saxo Bank broker and I recommend to you.
It has been a week I am waiting for their approval for my request withdrawal 400 USD via wire transfer. They still hold my money and keep telling it will be process as soon as possible but nothing happen for a week already.
I keep follow up my withdrawal status, but always said the same thing. Trading activity does not give me a big problem but sometimes platform will freeze for 2 minutes and the execution is being slowly.
I hope that they will transfer my money and improve the flaws so that I don't have to find another broker.
Opening and funding my account at SaxoBank was very easy. There are no complicated procedures. I could say that their spread is also reasonable. Moreover, their customer support is very responsive and polite. I inquired them about the wide range of accessible markets (just a few clarifications) and they answered me comprehensively. Withdrawing a few dollars from my account is just as easy as funding it. I just needed to submit documents for verification (which only took a few hours to be completed) and I can already transfer my funds. As per my experience, withdrawal process is done within 24-48 hours.
SaxoBank is best broker I have ever come upon. Quite impressed with their clients recruit clients referral offer. I got $100 credit as a loyalty bonus, and your referral will be credited with a welcome bonus of $50. I already refer 6 of my friend and they added my bonus in my account instantly. Also my every friend got $50 as a welcome bonus. Last month I withdraw $200 from my bonus using Skrill and they processed it within 2 days I must say they are very honest broker.
SaxoBank was introduced to me by a childhood friend. It came up while catching up. And so she recommended it to me. That was two years ago and I opened an account about three months after we met. So far, I have been gaining steady profits. I'm having a satisfactory experience because just as she said, I wouldn't have any problem with the platform. Even their web trading platform is very stable. I haven't been disconnected ever expect when my internet connection is suddenly lost. I haven't withdrawn any profit yet but as of now, I have already earned $895.09.
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