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Saxobank.com Denmark Based Forex Trading Broker Review

Below is a Forex review of online forex broker Saxobank.com. Saxobank.com broker is based in Denmark. Below is a list of the most common review questions that traders ask about this online forex broker.

 

Forex Broker reviews - Forex Reviews of Saxobank.com

 

 

Where is Saxobank.com currency broker based

Saxobank is based in Denmark, its address is:

 

Saxo Bank Headquarters,
Philip Heymans Alle 15,
DK – 2900 Hellerup,
Denmark.

 

Saxobank is also based and has offices in Netherlands, Greece, Belgium, Switzerland, Dubai, Turkey, Hong Kong, South Africa, Spain, Cyprus, UK, Russia, Italy, France, Panama, Australia, Singapore and Japan.


Is Saxobank.com a licensed and regulated Forex broker

Review details of the license, registration and regulation of this FX broker can be found on

 

Saxobank is regulated by the Danish Financial Supervisory Authority, FSA, bank license number 1149

 

 

What is the execution method of Saxobank.com

Saxobank provides ECN, electronic communication network Interbank Execution of orders.

 

What are the broker spreads of Saxobank.com

The Forex broker spreads are:

 

Spreads

Currency

Spread

EURUSD

2 pips

GBPUSD

3 pips

USDJPY

2 pips

USDCHF

3 pips

 

 

Financial Instruments provided for trading by Saxobank.com

Currencies

Options

CFDs

Futures

Stocks

ETFs

Bonds

 

 

What are the account types of Saxobank.com online broker

  • Classic Account
  • Premium Account
  • Platinum Account​

· SaxoMT4 Account

 

Does Saxobank.com broker have Islamic Forex Trading Accounts

No, Saxobank does not provide Islamic Forex Trading Accounts

 

What are the terms for demo trading accounts for Saxobank.com

Saxo Bank provides a 20 day, $100,000 dollars demo trading account for practice currency trading.

 

 

How is the withdraw and deposit process of Saxobank.com

Credit Card, Debit card and bank wire money transfer methods are provided for deposit and withdraw of funds.

 

Debit card payments are not charged any fee

Credit card payments are charged a fee of between 1.8% - 2.5%

 

Regulated Forex Broker

Takes 4 to 6 weeks to open an account, open early: Read The Article "Account Opening Procedure"

Choose the Best Forex Broker: Read The Article "Best Forex Broker"

Up To $6.67 Dollars Bonus for Every Lot Traded Get Up To $6.67 For Every Lot Traded

 

What is the minimum account opening capital for Saxobank.com

 

  • Classic Account $5,000 Minimum deposit
  • Premium Account $100,000
  • Platinum Account $500,000
  • SaxoMT4 Account $1

 

Does Saxobank.com give an account opening deposit bonus bonus

No, Saxobank does not give an account opening deposit bonus.

 

What is the security and reliability of Saxobank.com

What is the Forex broker ratings for Saxobank.com security and reliability

 

Saxo Bank is a regulated bank in Denmark and has a high security and reliability of deposited funds.

All Danish banks are part of an investor compensation fund that guarantees client deposits up to EUR 20,000 per client.

 

 

Does Saxobank.com accept scalping

SaxoMT4 account allows forex scalping trading.

 

Does Saxobank.com give free traders education to currency traders

This broker provides learn currency trading education for learn trading online.

 

SaxoBank provides an education section for learn forex trading where traders can learn from trading tutorials, platform tutorials, webinars and from a trade mentor currency education program.

 

What are the  trading platforms of Saxobank.com currency broker

SaxoTrader

WebTrader

MetaTrader4

MobileTrader

 

Is Saxobank.com a MetaTrader 4 Forex broker

Saxobank.com provides MetaTrader 4 software which is the best Forex trading platform according to traders reviews.

 

This trading platform metatrader4 platform can be downloaded from the brokers’ website.

 

 

Does Saxobank.com allow automated forex trading

The broker automated trading policy on automated currency trading is:

 

SaxoMT4 account allows Metatrader4 Expert Advisors automated forex trading.

 

 

What are Saxobank.com broker website sections

The website sections of this trade broker are:

 

Forex Trading Accounts Section: where traders will find information about accounts such as demo account, practice account and live accounts provided by this currency broker. Traders wanting to start trading can open an account from this section.

 

Contact Section: there is a section of contacts for this fx trading broker, where an fx trader can contact this online broker.

 

Forex Trading Platforms Section: this section provides platforms where a trader can choose one for trading online.

 

Market insight section for economic news and currency market analysis and technical analysis of currencies.


Trading tools section: Economic calendar, widgets and correlation table of currencies.


FAQ section for information about this broker and its products.


Options, CFDs, Futures, ETFs and Bonds trading section: for information about these Financial Instrumentss provided for trading.

 

Up To $6.67 Dollars Bonus for Every Lot Traded Get Up To $6.67 For Every Lot Traded

Market Outlook: Very Bullish for EURUSD, and EURJPY - Also for GBPUSD, GBPJPY, and AUDUSD (No Need For Technical Analysis - This is Risk Appetite -Risk Averse Speculation).

Do Not Be Left by This Opportunity: Open an account and start buying Euros and position yourself early - Risk appetite speculation has already started. - Others are already profiting - Read the article How to Fast Track Account Opening and Open an account now.

Strategy: Buy the retracements and use 1 Hour and M15 Charts to look for best entry and exit points - Also checkout Money Management Rules.

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