Saxo Bank review by fx trading teachers, All you need to know about Saxo Bank UK, For more information about SaxoBank Denmark Forex broker you can also visit Saxo Bank review by ForexSQ.com currency trading website, The Top Forex Brokers ratings fx brokers website and the Fxstay.com online investing company and get all information you need to know about SaxoBank Capital Markets ltd.
Saxo Bank Review
SaxoBank is a Danish investment bank specializing in online trading and investment. It was founded as a brokerage firm in 1992, under the name Midas Fondsmæglerselskab, by Lars Seier Christensen, Kim Fournais and Marc Hauschildt. The name was changed to Saxo when the company obtained a banking license in 2001. The Bank offers trading through its online platforms in Forex, stocks, CFDs, futures, funds, bonds and futures spreads. The company functions as an online broker with a bank license, without offering traditional banking products. According to SaxoBank, roughly half of its activities are derived from partnerships with institutional trading partners. More than 100 financial institutions globally service their end clients with SaxoBank’s platforms on White Label basis.
The Bank is headquartered in Copenhagen, but also has offices in financial centres such as London, Paris, Zurich, Dubai, Singapore and Tokyo. According to the bank, it has clients in 180 countries and has a daily average turnover of approximately USD 12 billion.