Saxo Review UK

Saxo is a highly sophisticated trading platform that would best suit experienced traders comfortable with complex strategies and willing to pay higher fees. The company is regulated by top-tier authorities and prioritizes security, with client funds held in segregated accounts from the broker’s own assets. The company’s robust products and award-winning tools are also a big draw for investors. However, beginners might be deterred by the absence of spread betting and higher-than-average transaction costs.

Saxo review UK an account, simply click on the “Open Account” button on the company’s website. Then, fill in the online application form and verify your identity (you’ll be asked to provide proof of residence and identification). Next, you can choose which account tier to open (Classic, Premium or VIP) based on your investment goals and the minimum deposit required.

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The company offers a number of payment methods for deposits and withdrawals, including bank wire and credit cards. Fees for depositing and withdrawing vary by method and are detailed clearly on the platform. Saxo also provides extensive self-help resources and a dedicated chat box. Customer support is available via phone around the clock, and the service team receives high marks from Trustpilot customers.

Saxo offers a variety of research materials, ranging from market analysis articles to insights on various asset classes and global trends. These are all available on the platform in the ‘Insights’ section, and can be filtered by analyst or asset class. The broker also has a series of educational videos for new traders called ‘Thought Starters’.