Saxo Bank Group

Saxo Bank Group is a foreign exchange broker established in Denmark in 1992, with its headquarters in Hellerup. The company primarily offers users trading services in financial derivatives such as stocks, bonds, foreign exchange, options, futures, and contracts for difference (CFDs). The company has offices worldwide, including in Beijing, London, Spain, Hong Kong, and Singapore.

Corporate Background

Saxo Bank Group is a brokerage firm that provides trading services, registered as Saxo Bank A/S, with the registration number 15731249. Its headquarters are located in Hellerup, Denmark. It is a licensed bank with the license number 1149 and is regulated alongside Saxo Bank A/S Italy, Saxo Bank A/S Czech Republic, and Saxo Bank A. The company domain was registered on April 3, 2000.

Regulatory Information

Saxo Bank Group is a broker regulated by the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), Japan's Financial Services Agency (FSA), Hong Kong's Securities and Futures Commission (SFC), France's Autorité des marchés financiers (AMF), Italy's Commissione Nazionale per le Società e la Borsa (CONSOB), Switzerland's Financial Market Supervisory Authority (FINMA), and the Monetary Authority of Singapore (MAS). According to the official website of the UK Financial Conduct Authority (FCA), Saxo Bank is indeed regulated by the FCA regulatory body.

Trading Products

Saxo Bank Group offers trading products in futures, commodities, listed options, stocks, bonds, ETFs, mutual funds, and managed investment portfolios.

1. Futures: Trade over 250 types of futures from 25 global exchanges, covering stock indices, energy, agricultural products, and interest rates.
2. Commodities: Trade various commodities as contracts for difference (CFDs), futures, options, spot currency pairs, or exchange-traded commodities (ETCs).
3. Listed Options: Access multiple options from 20 global exchanges as a flexible alternative to trading underlying securities, offering higher potential returns on a fixed-risk basis.
4. Stocks: Invest in over 23,500 stocks from more than 50 global markets, including New York, Hong Kong, and London.
5. Bonds: Focus on over 5,900 government and corporate bonds worldwide to seek reliable returns.
6. ETFs: Invest in over 7,000 ETFs across major sectors such as technology, healthcare, and environmental.
7. Mutual Funds: Offer more than 17,700 mutual funds managed by top global fund managers.
8. Managed Investment Portfolios: Save time with expert market guidance and investment management.

Trading Platform

Saxo Bank Group uses trading platforms including the SaxoInvestor mobile trading platform, the SaxoTraderGO mobile trading platform, and the SaxoTraderPRO downloadable trading platform. The SaxoInvestor mobile platform allows real-time access to investment opportunities around the world via mobile, tablet, or computer. SaxoInvestor offers a diversified financial product portfolio, enabling customers to cope with various market conditions and spread investment risks across stocks, ETFs, bonds, etc. The SaxoTraderGO mobile platform provides extraordinary trading and investment functionalities in a user-friendly interface. The SaxoTraderPRO downloadable trading platform is a high-performance tool for managing and executing orders, with deep market analysis features.

Account Types

Saxo Bank Group offers a range of account types designed to meet different client needs, including:

1. Saxo Account: Trade, hedge, and invest in 71,000 financial products.
2. Corporate Account: Trade more than 71,000 financial products with optimized liquidity and professional support.
3. Denmark Professional Account: Traders with sufficient experience have the power to reclassify as professional, exempt from regulatory protections aimed at less experienced traders.
4. Hong Kong Professional Account: Registering as a professional investor is simple and quick, offering better rates and more trading freedom.

Summary

Saxo Bank Group, registered in Hellerup, Denmark, is regulated by several regulatory bodies, including the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). The company offers a variety of trading products, including stocks, bonds, foreign exchange, options, futures, and contracts for difference (CFDs). Investors are reminded that CFDs are complex financial products and come with a high risk of rapid losses due to leverage. When trading CFDs with this provider, 62% of retail investor accounts have experienced losses. Investors are advised to carefully consider whether trading leveraged products is appropriate for their financial situation and to seek independent financial advice.

Currently, Saxo Bank Group is marked as "Active" on Traderknows.