Saxo Broker Review

The multi-award winning Saxo Bank is a top choice for heavy traders due to its complex trading platform, comprehensive research, and enticing pricing. It also offers a full range of global markets and extensive investment products. However, a high barrier to advanced discounts and the absence of MetaTrader may be discouraging to beginners. Go here https://www.theinvestorscentre.co.uk/reviews/saxo-review/

The broker provides an expansive list of tradable assets including traditional cash products like shares and bonds, as well as CFDs on shares, forex, indices, commodities, and ETFs. Traders can also choose from a wide selection of exchange-traded and over-the-counter derivative instruments such as futures, structured products, warrants, and turbos.

Saxo Broker Review: Is Saxo Bank a Top Choice for Traders

Saxo has recently lowered its minimum commissions and eliminated inactivity fees on its Classic and Platinum accounts. It also waives custody fees for shares traded on the platform when clients opt into securities lending. Nevertheless, these still make it a more expensive option when compared to other brokers, such as AJ Bell or XTB, which do not charge custody fees.

Saxo also offers a diverse research offering, with a large collection of in-house and third-party content. Its market analysis articles are updated multiple times a day and can be filtered by analyst or asset class, while its Thought Starters series features short videos that teach basic trading concepts. In addition, it offers a suite of research apps and news headlines that stream from Dow Jones and other sources. Saxo also offers a selection of ready-made portfolios for those seeking a hands-off approach.