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Forex Broker Ranking Denmark Based Forex Trading Broker Review

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


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Where is currency broker based

Saxobank is based in Denmark, its address is:


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


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 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 provides ECN, electronic communication network Interbank Execution of orders.


What are the broker spreads of

The Forex broker spreads are:






2 pips


3 pips


2 pips


3 pips



Financial Instruments provided for trading by










What are the account types of online broker

  • Classic Account
  • Premium Account
  • Platinum Account​

· SaxoMT4 Account


Does broker have Islamic Forex Trading Accounts

No, Saxobank does not provide Islamic Forex Trading Accounts


What are the terms for demo trading accounts for

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



How is the withdraw and deposit process of

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%


Recommended Broker


What is the minimum account opening capital for


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


Does give an account opening deposit bonus bonus

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


What is the security and reliability of

What is the Forex broker ratings for 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 accept scalping

SaxoMT4 account allows forex scalping trading.


Does 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 currency broker






Is a MetaTrader 4 Forex broker 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 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 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.


Regulated Broker

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