Saxo Trading Review

When it comes to trading platforms, Saxo Trading Review out for its giant collection of assets allowing traders to diversify their portfolios. They offer everything from Forex spot, options and CFDs to equities, commodities, ETFs, bonds, mutual funds and more. In addition, they are one of the few brokers in the UK to allow retail traders access to futures. However, this is more likely to attract and go after experienced traders rather than beginners, as one lot of FTSE 100 futures on ICE currently costs PS7723 (or 10.5% of your account).

Saxo Bank also provides a comprehensive selection of educational resources in the form of webinars and events, video courses, and written and pdf materials. The scope of this rises above average, though it falls slightly behind category leaders. The research is also split into nine different categories, such as “market analysis”, forex, macro, equities, quarterly outlooks, thought starters, outrageous predictions and recession watch, which makes it easy for traders to find the topics that interest them.

Saxo Trading Review: A Comprehensive Look at Saxo Bank’s Platform

Saxo also offers a Managed Portfolio service where experienced traders trade on your behalf and the results are directly visible in your trading account balances. The minimum investment level varies in function of the selected managed portfolio and ranges from $10,000 to $30,000. The fees for managing these accounts start at 0.98%. The service is not suitable for all investors and is a high risk investment, as you may lose more than the amount invested.