Saxo Bank
A licensed bank with an institutional product range; custody fees apply in some tiers.
How the score is built
- Regulation & protection (40%)90
- Pricing transparency (25%)78
- Track record (20%)84
- Product breadth (15%)92
Weighted per the methodology. Affiliate status never affects the score.
The details that cost money
- Options
- From $0.75 per contract
- Fractional shares
- No
- Account minimum
- $0-10,000 by tier
- Jurisdictions
- EEA, UK, APAC, MENA
- Investor protection
- Danish deposit guarantee €100k + investor comp €20k
- Crypto access
- No
- Tokenized assets
- No
- Verified
- 2026-08-14
Source: published fee schedule
Incident history
No documented regulatory actions or major outages in our record. Absence of an entry means we have not found a public event, not that none exists.
Saxo Bank, answered
+ − Is Saxo Bank safe?
Saxo Bank operates under the protection scheme listed as: Danish deposit guarantee €100k + investor comp €20k. That covers the failure of the broker, not the performance of your investments. Check which legal entity holds your account — several brokers operate different entities with different coverage per region.
+ − What does Saxo Bank really charge?
Read three lines together: the commission, the currency conversion charge if you fund in a non-USD currency, and whether the broker sells order flow. For most international investors the conversion charge is the largest of the three.
Informational only, not financial advice. Terms, fees and availability change frequently — always verify on the provider's own site before committing funds. Some outbound links may be partner links; they never affect ranking or scoring.
Informational comparison only — not investment advice or a recommendation to trade.