Although Saxo Bank falls short in the forex department, it more than makes up for it when it comes to CFD stocks and ETFs. This is because the platform offers over 8,800+ CFD markets on the former and 675 on the latter. In turn, this means that you can trade shares with leverage or engage in short-selling. Indices. Indices allow you to trade wider stock markets – such as the FTSE 100. At ... Saxo Bank uses cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy. Okay . CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. show more . CFDs are complex instruments and come with a ... Commissions & Fees 5/5. Overall, Saxo Bank provides traders excellent all-around pricing. For trading forex and CFDs, Saxo Bank is our number one broker in 2020, earning first place in the Commission & Fees category. Account types: Saxo Bank offers three account types. The entry-level Classic account requires a USD 10,000 minimum deposit, while the Platinum account for active traders requires ... Is FOREX.com better than Saxo Bank? After testing 30 of the best forex brokers over five months, Saxo Bank is better than FOREX.com. For traders that can afford the USD 10,000 minimum deposit (GBP 500 for the UK), Saxo Bank offers competitive pricing, excellent trading platforms, brilliant research, reliable customer service, and over 40,000 instruments to trade. Details for Saxo Bank's futures trading commissions for online traded contracts in different global currencies and the minimum ticket fee per contract. Commissions and Fees. Saxo Bank’s fees for forex currency pairs, mutual funds and stock index CFDs are incredibly low. However, if you’re trading real stocks, ETFs or stock CFDs their fees are higher. Fees for bonds, options and future fees are also high when compared against other leading competitors. Saxo Bank’s trading fees are fairly high compared to its peers’. Though Equity, Forex, and CFD trading fees are mid-range. The broker offers Forex traders a volume based pricing plan with the standard commission of 0.005% applied for the first US$50 million worth of trading each month.
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