Saxo Bank
Saxo Bank is an online investment bank that provides, inter alia, services similar to the packages that brokers offer for Poland. In addition to them, it offers a fairly wide range of financial instruments. The activity has been carried out since 1992. SaxoBank is part of the Saxo Group, which unites many companies.
The financial regulator is individual for each division of the bank (hereinafter, two examples):
- Saxo Bank A / S –Danish FSA;
- Saxo Bank A / S Italy –The Bank of Italy.
Location of the main office - Limassol, Cyprus.
The opinion of Polish traders regarding basic information about the bank
Forex broker negative reviews
Some reviews call the branched system and individual regulation of units too complex;
Forex broker positive reviews
For the availability of financial regulators that provide a certain degree of protection against fraud and scam;
Thus, we can say that the opinion of the bank is rather positive.
Terms of cooperation
For Forex traders, Saxo Bank, like many brokers for Poland, offers intermediary services at the auction. The main conditions are as follows:
- leverage up to 50: 1;
- spreads - from 0.5 pips (for VIP clients).
Unlike the system of accounts, which is most often used by brokers for Poland, the bank uses one client account with different levels of service on it:
|
|
Classic |
Premium |
Platinum |
|
Deposit |
10 000 $ |
50 000 $ |
1 000 000 $ |
|
Service charge
|
- |
- |
- |
|
Personal financial manager support
|
- |
+ |
+ |
|
Individual expert advice |
- |
- |
+ |
The opinion of traders regarding basic information about the bank
Forex broker negative reviews
For a large deposit and a small leverage
Forex broker positive reviews
Terriers find a single account at several service levels convenient and a small leverage suitable for the requirements of financial regulators, which means protection from fraudsters;
We can say that the opinion of traders in Poland is rather positive.
Deposit and withdrawal of funds
Of the methods of mutual settlements that brokers usually use for Poland, the bank has selected the most reliable:
- payment cards and transfers;
- bank transfers.
The opinion of Polish traders regarding the input and output of Saxo Bank funds
Forex broker negative reviews
There are no complaints about the course of monetary operations when settling with a bank, a fraud or a scam with transfers;
Forex broker positive reviews
Positive reviews are few in number and do not contain specifics, boiling down to statements that “they work honestly and are not scammers”;
The opinion in the reviews can be called neutral.
Customer service
When servicing customers, the bank carries out:
- support during trading;
- access to Forex analysis and training materials.
In addition, free online courses are offered for traders in the Saxo Academy section.
The opinion of Polish traders regarding the quality of service Saxo Bank
Forex broker negative reviews
For the sluggish work of the support service;
Forex broker positive reviews
For training materials and support services;
Reviews of Polish traders can be called mixed.
Trading platform
For Forex clients, the bank offers its own terminals:
- SaxoTraderPRO - a trading platform that allows you to work on six screens simultaneously;
- SaxoTraderGO (web application for all kinds of devices).
Free demos are available to familiarize yourself with the software.
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