Saxo Bank online broker logo

Saxo Bank

盛宝银行
Best Multi-Asset Global

Last updated: 2026-05

4.1

Weighted score / 5.0

Multi-asset professional trading for global investors

面向全球投资者的多资产专业交易平台

🇸🇬 Singapore🌏 APAC🇭🇰 Hong KongMAS (SG)FCA (UK)ASIC (AU)

1. Quick Verdict

Editor's Verdict4.1/5

Active professional traders who need 50,000+ instruments including CFDs, forex, and bonds.

Scoring Breakdown

Fees
3.7
Platform
4.6
Research
4.5
Support
4
Ease of Use
3.8

Broker Overview: Saxo Bank in 2026

Saxo Bank (盛宝银行) was founded in 1992 and is headquartered in Copenhagen, Denmark. It is regulated by MAS (SG), FCA (UK), ASIC (AU), SFC (HK) and is currently available to investors in Singapore, APAC, Hong Kong.

The platform supports trading in Stocks, ETFs, Options, Futures, Forex, US Stocks, HK Stocks. The minimum deposit is SGD 3,000. Stock commissions are From 0.08% and ETF trading costs From $2.

Multi-asset professional trading for global investors Active professional traders who need 50,000+ instruments including CFDs, forex, and bonds. Main competitors include Interactive Brokers, Moomoo, Tiger Brokers.

Key Facts

Founded1992
HeadquartersCopenhagen, Denmark
Regulator(s)MAS (SG), FCA (UK), ASIC (AU)
Min. DepositSGD 3,000
Stock FeeFrom 0.08%
ETF FeeFrom $2
Chinese UINo
Official Sitehttps://home.saxo/en-sg

2. Who Is Saxo Best For?

Best For

  • 50,000+ instruments across all asset classes50,000+ 金融产品
  • CFDs, forex, bonds, commodities差价合约、外汇、债券、大宗商品
  • Professional SaxoTraderGO/PRO platforms专业 SaxoTraderGO/PRO 平台
  • Regulated by MAS, FCA, ASIC, SFCMAS、FCA、ASIC、SFC 多重监管

Not Best For

  • Beginners (SGD 3,000 minimum deposit, complex platform)
  • Budget-conscious investors
  • Chinese-speaking investors needing Chinese UI

3. Fees & Commissions

From 0.08%

Stock Commission

From $2

ETF Commission

SGD 3,000

Min. Deposit

$0

Platform Fee

From 0.25%

FX Conversion

1992

Founded

Fee schedules may change. Always verify on the official website: https://home.saxo/en-sg

4. How We Score Saxo

Our scoring is fully transparent. Each broker is evaluated across 7 categories with a fixed weight. The weighted average becomes the overall score — no arbitrary guessing. (see methodology)

Fees & Commissions20%
3.5
Market Access20%
5
Regulation & Safety20%
4.8
App Experience15%
4.3
Beginner Friendly10%
3
Advanced Tools10%
4.9
Promotions5%
3
Weighted total4.2 / 5.0

3.5

Fees & Commissions

(20% weight)

5

Market Access

(20% weight)

4.8

Regulation & Safety

(20% weight)

4.3

App Experience

(15% weight)

3

Beginner Friendly

(10% weight)

4.9

Advanced Tools

(10% weight)

3

Promotions

(5% weight)

Scores assigned by editorial team. Last updated: 2026-05. For educational purposes only.

5. Supported Countries

🇸🇬

Singapore

MAS-regulated brokers for SG investors

🌏

APAC

Pan-Asia Pacific brokers

🇭🇰

Hong Kong

SFC-regulated HK brokers

6. Regulation & Safety

Saxo Bank — Regulatory Overview

MAS (SG)FCA (UK)ASIC (AU)SFC (HK)

Saxo Capital Markets is regulated by MAS. CFD trading involves significant risk. For educational purposes only.

7. Tradable Products & Account Types

Tradable Assets

Stocks
ETFs
Options
Futures
Forex
US Stocks
HK Stocks

Account Types

Margin Account

Borrow to invest (losses can exceed deposit)

Cash Account

Trade with deposited funds only

8. Platform & App

Mobile App Rating

4.2★ iOS · 4.0★ Android

Desktop Platform

SaxoTraderGO + SaxoTraderPRO

Language Support

English

Charting Tools

50,000+ instruments across all asset classes

Market Coverage

Singapore, APAC, Hong Kong

Regulatory Status

MAS (SG) · FCA (UK) · ASIC (AU)

9. Deposit & Withdrawal Methods

Deposit Methods

Bank Transfer
Wire Transfer

Withdrawal Methods

Bank Transfer
Wire Transfer

Methods vary by country. Verify on the official website.

Market Data & Research Tools

Access to quality market data and research tools is a major differentiator between brokers. Here is what Saxo Bank offers compared to the industry standard.

Level 2 Market Data

L1 included; L2 may require subscription

Real-time bid/ask depth showing all orders at each price level. Industry standard charge: $20–90/month. Free Level 2 is a significant advantage.

Charting & Technical Analysis

SaxoTraderGO/PRO: 50+ indicators, professional charts

Chart indicators, drawing tools, and time-frame options are essential for technical traders.

News Feed & Earnings Calendar

Reuters, FactSet, earnings calendar

Real-time news and earnings calendars help investors stay informed about market events.

Paper Trading / Simulator

Paper trading not available

Practice trading with virtual funds. Essential for beginners to build confidence before trading with real money.

Stock Screener

Advanced screener with fundamental + technical filters

Stock screeners let you filter thousands of stocks by criteria such as P/E ratio, market cap, dividend yield, and more.

Analyst Reports & Research

FactSet, Morningstar analyst reports

Third-party analyst reports, earnings forecasts, and company research help investors make more informed decisions.

Research & Tools Score

4.5/5
4.5

Saxo Bank scores highly for research and tools. The platform provides institutional-quality market data, charting tools, and research resources that rival or exceed those of many traditional brokers. For educational purposes only. Not investment advice.

Customer Support

Response speed, language coverage, and the quality of support channels vary significantly across brokers. Here is how Saxo Bank rates on customer support.

Live Chat

Business hours live chat

Business hours (varies by region)

Phone Support

Phone support in business hours

See official website for hours

Email & Ticket Support

Email / in-app ticket support available

Typical response time: 1–3 business days

Chinese Language Support

Saxo Bank does not currently offer a Chinese-language support channel. Chinese-speaking investors may prefer Moomoo, Tiger Brokers, or Longbridge, all of which offer Chinese (中文) support.

English only

Customer Support Score

4/5
4

Saxo Bank provides solid customer support. Live chat is available during business hours and typical response times are reasonable. English-language support only. For educational purposes only.

10. Promotions & Welcome Offers

Saxo Bank Promotions

Saxo may offer promotions. Subject to terms.

View Current Promotions

Promotions subject to terms and conditions. For educational purposes only.

11. Pros & Cons

What We Like

  • 50,000+ instruments
  • Professional SaxoTraderGO platform
  • Multi-asset including CFDs and forex
  • Well-regulated globally

What Could Be Better

  • SGD 3,000 minimum deposit
  • Higher fees vs commission-free apps
  • Not for beginners
  • No Chinese UI

12. Main Alternatives to Saxo

Not sure Saxo is right for you? These are the most commonly compared alternatives.

13. Saxo vs Competitors

BrokerScoreBest ForUS StocksHK StocksOptionsStock FeeMin DepositRegulator中文
Saxo Bank online broker logo

Saxo Bank

盛宝银行

Reviewing
4.1

Active professional traders who need 50,000+ instruments including CFDs, forex, and bonds

From 0.08%SGD 3,000
MAS (SG)FCA (UK)
Moomoo online broker logo

Moomoo

富途 Moomoo

4.7

Chinese-speaking investors in Canada, SG, US, AU, MY who want advanced trading tools and $0 commissions

$0$0
CIRO (CA)CIPF (CA)
vs →
Moomoo Singapore online broker logo

Moomoo Singapore

富途 Moomoo 新加坡

4.7

Singapore investors who want $0 commission US stock and ETF trading with SGX access, MAS licensing, free Level 2 data, and Chinese language support

$0 (US stocks) / F…SGD 0
MAS (SG)
vs →
Tiger Brokers online broker logo

Tiger Brokers

老虎证券

4.3

Chinese-speaking investors in Singapore, Australia, and HK who want US, HK, and Singapore stock access in one account

$0 (US stocks)SGD 0
MAS (SG)ASIC (AU)
vs →
Longbridge online broker logo

Longbridge

长桥证券

4.2

Chinese-speaking investors in Singapore and HK wanting a clean, modern US + HK stock app

$0 (US stocks)SGD 0
MAS (SG)SFC (HK)
vs →

Fees and product availability may change. Always verify at the official website.

14. How to Open a Saxo Bank Account

1

Visit the official website or download the app

Go to https://home.saxo/en-sg or search "Saxo Bank" in the App Store or Google Play.

2

Create an account

Click "Sign Up" or "Open Account." Enter your email and create a password.

3

Verify your identity (KYC)

Submit a government-issued ID (passport, driver's licence, or national ID card) as required by your country's regulations.

4

Fund your account

Choose from: Bank Transfer, Wire Transfer. Minimum deposit: SGD 3,000.

5

Start trading

Browse stocks, ETFs, and other available instruments. For educational purposes only — trading involves risk.

15. Frequently Asked Questions

Saxo Bank is regulated by: MAS (SG), FCA (UK), ASIC (AU), SFC (HK). In Singapore, it is MAS licensed. Verify local investor protection terms before opening an account. Always verify current regulatory status on the official regulator website.

16. Risk Disclaimer

Educational purposes only. Educational purposes only. The information on this page is for educational and informational purposes only and does not constitute investment advice, financial advice, or a recommendation to buy or sell any security.

Trading involves risk. Trading involves risk. Stock trading, ETF investing, and options trading involve risk, including the potential loss of principal. Past performance is not indicative of future results.

Affiliate disclosure. Affiliate disclosure. This site may receive compensation from affiliate links. This does not affect our editorial independence. We only feature regulated brokers.

Fee accuracy. Fee accuracy. Fees and product availability may change. Always verify current information at the official website. https://home.saxo/en-sg

Brokely Editorial Team

Independent Broker Review Editors

Last updated: 2026-05 · For educational purposes only · Not investment advice

Independent Review

Visit Saxo Bank

Visit the official Saxo Bank website. Not investment advice.

Visit Saxo Bank

Trading involves risk. For educational purposes only.