Saxo Trading Review

The complexities of day trading can be daunting for beginners. Choosing a broker that focuses on delivering an easy-to-use interface and robust educational resources can help to simplify those complexities. The top brokers for day traders combine global market access, powerful platforms, industry-leading pricing and support.

Saxo trading review offers an excellent platform experience that is unified across desktop, web and mobile devices. Its customization features are also strong. Watch lists and screens automatically save and sync between platforms, and customized charts and analysis can be shared among users. Additionally, the company’s economic calendar, educational videos and market news from a number of high-quality sources are all available on the mobile app.

“Saxo Review UK: Is It the Best Platform for Your Investments

In the research space, Saxo’s “Insights” section provides daily market analysis articles produced by the firm’s in-house team. In addition, the site also includes content from third-party providers like Dow Jones Newswire and RanSquawk. Traders can also subscribe to the firm’s daily newsletters, which provide a summary of notable events and their potential impact on markets.

Saxo has no minimum deposit requirement for its standard account, and it supports a wide range of order types (limit, stop, limit-if-touched, market, trailing stops and more). Its financial stability is rated investment grade by S&P, and it uses strict segregation of customer accounts and conservative portfolio management practices. Its debt is backed by the Danish Guarantee Fund, and its standard accounts offer negative balance protection of up to EUR 100,000. Its customer service is available by phone 24/5 and it further supports customers through extensive self-help and chat.