01 / The record
The record. 15 of 25 fields sourced.
Each cell is one tracked field. Lit cells carry a verified source; grey cells are pending verification. Coverage is not a score.
Licence
- VerifiedLicence number
Identity
- VerifiedName
- VerifiedLegal name
- VerifiedParent
- VerifiedFounded
- VerifiedHeadquarters
- PendingListing
- VerifiedWebsite
Trading
- VerifiedPlatforms
- VerifiedAccount types
- VerifiedMin deposit
- VerifiedMax leverage
- VerifiedInstruments
- VerifiedSpreads
- PendingCommissions
- PendingSwaps
- PendingFunding
Conduct
- VerifiedSupport
- PendingSwap-free
- PendingExecution
- PendingLiquidity providers
- PendingRestrictions
- PendingAccepted countries
- PendingEducation
- VerifiedClient money
02 / Licences
Licences. 2 numbers on file.
Copied from the linked page, with the entity that holds each one. A pending pass means the regulator was named without a number we could copy.
Saxo Bank A/S
1149
Danish Financial Supervisory Authority
Banking licence received in 2001. Company registration no. 15731249. Taken from the broker's own legal disclosure; not cross-checked on the register. Danish FSA register not fetched.
Broker disclosureSaxo Bank licence details2 Nov 2026Saxo Capital Markets UK Ltd
551422
Financial Conduct Authority
Authorised and regulated by the FCA. Company number 7413871. Shown on the regulator's own register. FCA register: Saxo Capital Markets UK Ltd, firm reference number 551422, status Authorised since 05/10/2011; Companies House number 07413871. The same FRN is given on Saxo UK forex page and footer.
RegulatorFCA Financial Services Register: Saxo Capital Markets UK Ltd, FRN 5514222 Nov 2026
03 / Licence strength
Licence strength. Every term shown.
A transparent count of the regulators behind this record and the licences read on a register. It is not a safety rating, and a missing score is never a zero.
Licence strength
5points
FCA 3 + Danish FSA 1 + 1 register check = 5
| Regulator | Tier | Licences | Where | Points |
|---|---|---|---|---|
| FCAFinancial Conduct Authority | T1 | 1 | United Kingdom | +3 |
| Danish FSADanish Financial Supervisory Authority | N/C | 1 | Denmark | +1 |
| Register checks | 1 | Licence numbers read on the regulator’s own register | +1 | |
| Licence strength | 5 | |||
04 / Protection by entity
Protection by entity. Rule beside statement.
For each licensed entity: the regulator's own retail rules, what the broker publishes for that entity, and links to check the register yourself.
Negative balance protectionStated
Negative balance protection advertised for retail clients on the UK forex page; it does not apply to professional clients.
Saxo professional account pageCompensation schemeStated
Saxo Bank A/S: Danish Depositor and Investor Guarantee Scheme, cash deposits up to the equivalent of EUR 100,000 per depositor.
Saxo protection of retail client fundsClient moneyStated
Saxo says it is a member of the Danish depositor and investor guarantee scheme. The page describes cover of up to the equivalent of EUR 100,000 for eligible cash deposits, and up to the equivalent of EUR 20,000 if financial instruments cannot be returned.
Saxo Bank licence detailsN/CDanish FSA· Denmark
Saxo Bank A/S
No. 1149
VerifiedRetail leverage cap
Pending verification
Negative balance
Pending verification
Compensation
Pending verification
Broker-published leverage for this entity
Pending verification
T1FCA· United Kingdom
Saxo Capital Markets UK Ltd
No. 551422
VerifiedRegister-checkedRetail leverage cap
Pending verification
Negative balance
Pending verification
Compensation
FSCS investment protection: up to £85,000 per eligible person, per firm, for firms failing after 1 Apr 2019.
Regulator sourceBroker-published leverage for this entity
- 30:1 forex CFD (3.33% initial margin) · retailsource
Regulator rules are quoted from official pages in our reference set (checked 2 Nov 2026); broker statements are the broker’s own and often apply to one entity or website only. Which entity holds your account is named in your client agreement.
05 / Accounts and costs
Accounts and costs. 3 account rows.
Account terms as the broker publishes them, the EUR/USD floor where the text allows a computation, leverage per entity, fees and payment rails.
| Account | Min deposit | EUR/USD spread | Commission | Floor / lot RT | Source |
|---|---|---|---|---|---|
| ClassicSaxo Bank A/S (international site) | No minimum funding | 1 pip on major forex pairsadvertised minimum | Pending | Not computable | Saxo international individual account page 2 Nov 2026 |
| PlatinumSaxo Bank A/S (international site) | EUR 200,000+ deposit or trading volume | 0.9 pips on major forex pairsadvertised minimum | Pending | Not computable | Saxo international individual account page 2 Nov 2026 |
| VIPSaxo Bank A/S (international site) | EUR 1,000,000+ deposit or trading volume | 0.7 pips on major forex pairsadvertised minimum | Pending | Not computable | Saxo international individual account page 2 Nov 2026 |
Floor = advertised EUR/USD spread × USD 10 per pip + commission for both sides, per 100,000 EUR lot. Advertised “from” or average spreads are the broker’s own figures, not measured spreads; real costs are higher when spreads widen.
Leverage by entity · broker-published maximums
- Saxo Capital Markets UK Ltd (FCA)1:30
30:1 forex CFD (3.33% initial margin) · retailsource
- Saxo (professional clients)1:66
66:1 FX majors, 50:1 FX minors · professionalsource
Log scale shared by every record, up to the highest ratio published on file (1:10,000). Higher leverage means larger possible losses; retail caps onshore are usually far lower.
Fees and payment rails
- Inactivity fee
- No inactivity fees (Saxo UK schedule).Saxo UK commissions, charges and margin schedule
- Deposit fees
- Pending verification
- Withdrawal fees
- Pending verification
- Base currencies
- Pending verification
- Deposit methods
- Pending verification
- Withdrawal methods
- Pending verification
- Support channels
- Pending verification
- Support languages
- Pending verification
06 / Corporate family
Corporate family.
Who sits behind the brand: the parent when a source names it, and each licensed entity with its licences and offices.
Brand
Saxo
2 entities · 2 licences
Saxo Capital Markets UK Ltd
United KingdomLondon, United Kingdom. Street address not on the licence table.
Entities are grouped by the legal name printed on each licence source. A parent is shown only when a page we opened names it. ✓ = licence number read on the regulator’s own register.
07 / Figures on file
Figures on file.
These charts read the same sourced sentences as the fields below. A gap is unverified. It is not a zero and it is not a rating.
Deposit
No account minimum
Commission
Pending verification
Instruments
Foreign exchange, CFDs, Shares and equities, ETFs, Options, Bonds
All 42 brokers plotted. Showing top 8.
12 of 42 brokers have no verified value and are left off. Showing top 8.
13 of 42 brokers have no verified value and are left off. Showing top 8.
This broker: pending verification.28 of 42 brokers have no verified value and are left off. Showing top 8.
08 / Conditions
Conditions. Field by field.
Identity, trading and conduct. Each field shows its source, the kind of source and the day it was checked.
Identity
Parent
VerifiedSaxo Bank A/S is the parent of the Saxo Group.
Saxo Bank licence details · Broker disclosure · Checked 2 Nov 2026
Founded
Verified1992, in Copenhagen
Saxo 25-year press release, 14 September 2017 · Broker disclosure · Checked 2 Nov 2026Founded by Lars Seier Christensen and Kim Fournais. The homepage also says the firm was founded in Denmark in 1992.
Headquarters
VerifiedPhilip Heymans Alle 15, 2900 Hellerup, Denmark
Saxo Bank licence details · Broker disclosure · Checked 2 Nov 2026
Listing
Pending verification
Checked 2 Nov 2026. No figure is published.A stock-exchange listing of Saxo Bank A/S was not confirmed.
Trading
Platforms
VerifiedSaxoTrader · SaxoInvestor · SaxoTrader mobile apps · APIs · TradingView (third-party connection) · Multicharts (third-party)
Saxo UK platforms page · Broker disclosure · Checked 2 Nov 2026UK site. Third-party tools listed on the UK forex page.
Account types
VerifiedClassic, Platinum and VIP account tiers for individuals; professional (elective) status available
Saxo international individual account page · Broker disclosure · Checked 2 Nov 2026
Minimum deposit
VerifiedNo minimum deposit to open an account (Classic tier). Platinum requires EUR 200,000+ deposit or trading volume; VIP requires EUR 1,000,000+ or trading volume.
Saxo international individual account page · Broker disclosure · Checked 2 Nov 2026
Maximum leverage
VerifiedRetail forex CFD 30:1 (3.33% initial margin, UK site). Professional clients: FX majors 66:1 (1.5%), FX minors 50:1.
Saxo professional account page · Broker disclosure · Checked 2 Nov 2026Retail 30:1 from the UK margin information page.
Instruments
Verified185+ FX spot pairs and 45+ FX options (UK forex page); stocks, ETFs, options, bonds, CFDs and funds across the multi-asset offering.
Saxo UK forex page and footer · Broker disclosure · Checked 2 Nov 2026
Spreads
VerifiedEUR/USD minimum spread 0.7 pips on the UK forex page; Classic tier major pairs 1 pip, Platinum 0.9, VIP 0.7 on the international account page. Indicative and vary by country.
Saxo UK forex page and footer · Broker disclosure · Checked 2 Nov 2026
Commissions
Pending verification
Checked 2 Nov 2026. No figure is published.Forex pricing is spread-based; no separate FX commission figure on pages fetched.
Swaps
Pending verification
Checked 2 Nov 2026. No figure is published.Swap terms were not confirmed.
Deposits and withdrawals
Pending verification
Checked 2 Nov 2026. No figure is published.Deposit and withdrawal methods, times and fees were not confirmed.
Conduct and access
Support
Verified24/5 technical and account support
Saxo UK forex page and footer · Broker disclosure · Checked 2 Nov 2026
Swap-free or Islamic
Pending verification
Checked 2 Nov 2026. No figure is published.No Islamic or swap-free terms found on the pages fetched.
Execution
Pending verification
Checked 2 Nov 2026. No figure is published.A best-execution summary exists on Saxo’s site. The model was not restated here because the summary PDF was not read in this pass.
Liquidity providers
Pending verification
Checked 2 Nov 2026. No figure is published.Not stated.
Restrictions
Pending verification
Checked 2 Nov 2026. No figure is published.Country restrictions were not confirmed.
Accepted countries
Pending verification
Checked 2 Nov 2026. No figure is published.A country-by-country acceptance list was not copied. The entity that would hold the account has to be checked directly.
Client money
VerifiedSaxo says it is a member of the Danish depositor and investor guarantee scheme. The page describes cover of up to the equivalent of EUR 100,000 for eligible cash deposits, and up to the equivalent of EUR 20,000 if financial instruments cannot be returned.
Saxo Bank licence details · Broker disclosure · Checked 2 Nov 2026
Education and tools
Pending verification
Checked 2 Nov 2026. No figure is published.An education inventory was not confirmed.
09 / History and offices
History and offices.
Ownership and regulatory events with the page that states them, and the offices a source names.
September 1992
The brokerage that became Saxo Bank is founded in Copenhagen.
Saxo 25-year press release, 14 September 20171998
Saxo launches its first online trading platform, according to the same press release.
Saxo 25-year press release, 14 September 20172001
Saxo receives its Danish banking licence.
Saxo Bank licence detailsJune 2023
Saxo says it was classified as a systemically important financial institution.
Saxo Bank licence details
Headquarters
Saxo Bank A/S
Philip Heymans Alle 15, 2900 Hellerup, Denmark
Saxo institutional about page · 2 Nov 2026London
Saxo Capital Markets UK Ltd
London, United Kingdom. Street address not on the licence table.
Saxo Bank licence details · 2 Nov 2026The FCA firm reference number was not on the page checked.
Singapore
Saxo Capital Markets Pte Ltd
Singapore. Street address not on the licence table.
Saxo Bank licence details · 2 Nov 202610 / Warnings, reviews, news
Warnings, reviews, news.
Regulator warning-list checks first. Reviews, complaints and news open only with evidence checks and a licensed feed; reputation is not yet rated.
Regulator warning lists
2 warnings recorded- FCA (UK)cloneSaxo AI Innovation Bond (Clone of FCA authorised firm)Listed on the FCA register as a clone of Saxo Capital Markets UK Ltd (FRN 551422); added to the register 13 Nov 2025.13 Nov 2025Notice
- FCA (UK)cloneSaxo Bank/ Saxo Capital/ Saxo Advisory (Clone of an EEA Authorised firm and an FCA authorised firm)Listed on the FCA register as a clone of Saxo Capital Markets UK Ltd (FRN 551422); added to the register 29 Sept 2020.29 Sept 2020Notice
Lists searched
- FCA register: 'Clones of this firm' on the Saxo Capital Markets UK Ltd record (FRN 551422)
Clone warnings name firms impersonating a real broker; they are not a finding against the broker itself unless the notice says so.
Reviews
None on file
Opens with evidence checks (account statements, deposit proof) in a later release.
Complaints
None on file
A complaint desk with broker responses is on the roadmap.
News
None on file
Headlines will arrive from a licensed feed, with the source named on the story.
11 / Evidence ledger
Evidence ledger. 9 pages opened.
Every field on this record with its status, the page it came from, the kind of source and the day it was checked. Filter it, or follow the source graph.
| Field | Value | Source | Checked |
|---|---|---|---|
| NameIdentity | SaxoSaxo homepage | Saxo homepage Broker disclosure | 2 Nov 2026 |
| Legal nameIdentity | Saxo Bank A/SSaxo Bank licence details | Saxo Bank licence details Broker disclosure | 2 Nov 2026 |
| ParentIdentity | Saxo Bank A/S is the parent of the Saxo Group.Saxo Bank licence details | Saxo Bank licence details Broker disclosure | 2 Nov 2026 |
| FoundedIdentity | 1992, in CopenhagenSaxo 25-year press release, 14 September 2017 | Saxo 25-year press release, 14 September 2017 Broker disclosure | 2 Nov 2026 |
| HeadquartersIdentity | Philip Heymans Alle 15, 2900 Hellerup, DenmarkSaxo Bank licence details | Saxo Bank licence details Broker disclosure | 2 Nov 2026 |
| ListingIdentity | Pending | — | 2 Nov 2026 |
| WebsiteIdentity | https://www.home.saxo/Saxo homepage | Saxo homepage Broker disclosure | 2 Nov 2026 |
| PlatformsTrading | SaxoTrader, SaxoInvestor, SaxoTrader mobile apps, APIs, TradingView (third-party connection), Multicharts (third-party)Saxo UK platforms page | Saxo UK platforms page Broker disclosure | 2 Nov 2026 |
| Account typesTrading | Classic, Platinum and VIP account tiers for individuals; professional (elective) status availableSaxo international individual account page | Saxo international individual account page Broker disclosure | 2 Nov 2026 |
| Min depositTrading | No minimum deposit to open an account (Classic tier). Platinum requires EUR 200,000+ deposit or trading volume; VIP requires EUR 1,000,000+ or trading volume.Saxo international individual account page | Saxo international individual account page Broker disclosure | 2 Nov 2026 |
| Max leverageTrading | Retail forex CFD 30:1 (3.33% initial margin, UK site). Professional clients: FX majors 66:1 (1.5%), FX minors 50:1.Saxo professional account page | Saxo professional account page Broker disclosure | 2 Nov 2026 |
| InstrumentsTrading | 185+ FX spot pairs and 45+ FX options (UK forex page); stocks, ETFs, options, bonds, CFDs and funds across the multi-asset offering.Saxo UK forex page and footer | Saxo UK forex page and footer Broker disclosure | 2 Nov 2026 |
| SpreadsTrading | EUR/USD minimum spread 0.7 pips on the UK forex page; Classic tier major pairs 1 pip, Platinum 0.9, VIP 0.7 on the international account page. Indicative and vary by country.Saxo UK forex page and footer | Saxo UK forex page and footer Broker disclosure | 2 Nov 2026 |
| CommissionsTrading | Pending | — | 2 Nov 2026 |
| SwapsTrading | Pending | — | 2 Nov 2026 |
| FundingTrading | Pending | — | 2 Nov 2026 |
| SupportConduct | 24/5 technical and account supportSaxo UK forex page and footer | Saxo UK forex page and footer Broker disclosure | 2 Nov 2026 |
| Swap-freeConduct | Pending | — | 2 Nov 2026 |
| ExecutionConduct | Pending | — | 2 Nov 2026 |
| Liquidity providersConduct | Pending | — | 2 Nov 2026 |
| RestrictionsConduct | Pending | — | 2 Nov 2026 |
| Accepted countriesConduct | Pending | — | 2 Nov 2026 |
| EducationConduct | Pending | — | 2 Nov 2026 |
| Client moneyConduct | Saxo says it is a member of the Danish depositor and investor guarantee scheme. The page describes cover of up to the equivalent of EUR 100,000 for eligible cash deposits, and up to the equivalent of EUR 20,000 if financial instruments cannot be returned.Saxo Bank licence details | Saxo Bank licence details Broker disclosure | 2 Nov 2026 |
| Inactivity feeProtection & money | No inactivity fees (Saxo UK schedule).Saxo UK commissions, charges and margin schedule | Saxo UK commissions, charges and margin schedule Broker disclosure | 2 Nov 2026 |
| Withdrawal feesProtection & money | Pending | — | — |
| Deposit feesProtection & money | Pending | — | — |
| Negative balance protectionProtection & money | Negative balance protection advertised for retail clients on the UK forex page; it does not apply to professional clients.Saxo professional account page | Saxo professional account page Broker disclosure | 2 Nov 2026 |
| SegregationProtection & money | Pending | — | 2 Nov 2026 |
| Compensation schemeProtection & money | Saxo Bank A/S: Danish Depositor and Investor Guarantee Scheme, cash deposits up to the equivalent of EUR 100,000 per depositor.Saxo protection of retail client funds | Saxo protection of retail client funds Broker disclosure | 2 Nov 2026 |
| Base currenciesProtection & money | Pending | — | 2 Nov 2026 |
| Deposit methodsProtection & money | Pending | — | 2 Nov 2026 |
| Withdrawal methodsProtection & money | Pending | — | 2 Nov 2026 |
| Support channelsProtection & money | Pending | — | — |
| Support languagesProtection & money | Pending | — | — |
| Danish FSA licence · Saxo Bank A/SLicences | No. 1149 · DenmarkSaxo Bank licence details | Saxo Bank licence details Broker disclosure | 2 Nov 2026 |
| FCA licence · Saxo Capital Markets UK LtdLicences | No. 551422 · United KingdomFCA Financial Services Register: Saxo Capital Markets UK Ltd, FRN 551422 | FCA Financial Services Register: Saxo Capital Markets UK Ltd, FRN 551422 Regulator | 2 Nov 2026 |
| Account · ClassicAccounts | Deposit No minimum funding · EUR/USD 1 pip on major forex pairs (advertised minimum)Saxo international individual account page | Saxo international individual account page Broker disclosure | 2 Nov 2026 |
| Account · PlatinumAccounts | Deposit EUR 200,000+ deposit or trading volume · EUR/USD 0.9 pips on major forex pairs (advertised minimum)Saxo international individual account page | Saxo international individual account page Broker disclosure | 2 Nov 2026 |
| Account · VIPAccounts | Deposit EUR 1,000,000+ deposit or trading volume · EUR/USD 0.7 pips on major forex pairs (advertised minimum)Saxo international individual account page | Saxo international individual account page Broker disclosure | 2 Nov 2026 |
| Leverage · Saxo Capital Markets UK Ltd (FCA)Leverage | 30:1 forex CFD (3.33% initial margin)Saxo UK margin information | Saxo UK margin information Broker disclosure | 2 Nov 2026 |
| Leverage · Saxo (professional clients)Leverage | 66:1 FX majors, 50:1 FX minorsSaxo professional account page | Saxo professional account page Broker disclosure | 2 Nov 2026 |
Source graph · 11 pages
Each bar is one page we opened; its length is how many published facts on this record it supports.
- Saxo Bank licence details5Broker disclosure
- Saxo international individual account page5Broker disclosure
- Saxo professional account page3Broker disclosure
- Saxo UK forex page and footer3Broker disclosure
- Saxo homepage2Broker disclosure
- FCA Financial Services Register: Saxo Capital Markets UK Ltd, FRN 5514221Regulator
- Saxo 25-year press release, 14 September 20171Broker disclosure
- Saxo protection of retail client funds1Broker disclosure
- Saxo UK commissions, charges and margin schedule1Broker disclosure
- Saxo UK margin information1Broker disclosure
- Saxo UK platforms page1Broker disclosure