When looking for a trading provider, your goal is to find a partner, one who knows the industry, understands your needs and above all, one you can trust to be there for the long term.
Cornerstone #4: A trusted name behind your every trade
Saxo Bank is a fully licensed and regulated Danish bank, founded in Copenhagen in 1992. Not only are we regulated by the Danish FSA, we’re also a member of the Danish Guarantee Fund, so you can be assured that your deposits are protected at all times. According to a new report by the European Banking Authority, Denmark’s banking sector is the best capitalised in the world.
Headquartered in one of the world’s most transparent countries, it’s fitting that Saxo Bank is committed to promoting more openness within the financial industry. As part of our ongoing transparency initiatives, we have opened the books on our FX Open Orders, published OTC options data, and we were the first non-public bank to publish our trading volumes for everyone to see and learn from.
Transparency is also built into every trade you make with Saxo Bank. Our buy and sell prices are clearly displayed on the platform, and when you click on them, that’s the price you pay. No “slippage”, no hidden fees, no surprises.
When Kim Fournais and Lars Seier Christensen, our co-founders and CEOs, first set out to build their online trading platform, they had to trust their instincts. Twenty years later, these two FX pioneers are still at the helm, the company’s core values are now emblazoned on the doors of two dozen Saxo offices around the globe, and Denmark is still our home base. We’re here for the long term.