Saxo Bank Offering of Investments | Markets and Products

 

Pros

Cons

  • Over 40,000 trading instruments
  • Forex CFD trading
  • Real stocks and ETFs trading
  • Options, futures, bonds, and mutual funds trading
  • Commodities and cryptocurrency trading
  • None

Introduction

Saxo Bank is one of the most popular investment banks all vr the world. It’s originally founded in 1992 in Denmark. It’s also regulated by top-tier financial authorities like the FCA, the Financial Conduct Authority in the UK. Saxo Bank has over 40,000 trading products in several categories like forex, CFDs, commodities, ETFs, and more. It also has low trading fees, with a good trading experience through its customized trading platforms. Saxo Bank also has several third party research tools that help you trade smart with the least effort and create your own trading strategies.

Trading Products

Saxo Bank has a wide range of trading products in different categories. It has over 40,000 trading instruments in forex, CFDs, real stocks, ETFs, options, futures, bonds, mutual funds, commodities, and cryptos.

Forex

Saxo Bank has about 182 currency pairs including pairs like EUR/ USD.

Indices

Saxo Bank has about 9,000 indices including instruments like US 500.

Commodities

Saxo Bank has about 4 commodities including instruments like CFD -USD Crude.

Stocks/ Shares

Saxo Bank has about 15,000 stocks including stocks like NASDAQ.

ETFs

Saxo Bank has over 3,000 ETFs including American ETFs like New York Stock Exchange.

Metals

Saxo Bank has about 4 metals including instruments like Gold and Silver.

Futures

Saxo Bank has over 200 trading futures like AUD and USD.

Bonds

Saxo Bank has over 40,000 bonds including Bonds Europe Government.

Cryptocurrencies

Saxo Bank has about 9 cryptocurrency options including cryptos like BTC/ USD.

Disclaimer: CFDs have a high risk of losing money rapidly. 79% of retail investor accounts lose money due to leverage when trading CFDs with this provider. CFDs are not complying with the islamic religion. And if you want to trade in CFDs you should consider a swap-free account to follow islamic rules.

Learn more about CFDs for muslims.

Saxo Bank Offering of Investments

Product

Number of Products

Currency Pairs

182

CFDs

9,000

Metals

4

Commodities

4

Futures

over 200

Bond

over 40,000

Stock CFDs

Over 15,000

ETFs

Over 3,000

Cryptos

9

Note:

The FCA bans crypto trading for the UK retail customers from 6th of Jan 2021.

FAQs

  1. Does Saxo Bank allow bot trading?
  • Yes, Saxo Bank allows bot trading through API trading options.
  1. Does Saxo Bank allow scalping and hedging?
  • Saxo Bank does allow scalping, but it does not allow hedging on its platform.
  1. When trading forex, will you lose more than your initial deposit?
  • The Saxo Bank trading platforms are set to automatically close your positions when your margin requirement reaches 100% (stop out level).
  • Please note that this process is automated and is not a guarantee that your account will not enter into a negative equity situation and you should keep a balance amount in your account above your required margin.

 

  1. What is the minimum trade size for Crypto FX on Saxo Bank?
  • The minimum trade size for Crypto FX pairs varies depending on which pair you trade:
  • Trading in Bitcoin pairs starts from a minimum of 0.01 BTC.
  • Trading in Ethereum pairs starts from a minimum of 0.1 ETH.
  • Trading in Litecoin pairs starts from a minimum of 1 LTC.
  1. Do I need a crypto wallet to trade cryptocurrencies with Saxo?
  • A crypto wallet is not required because you do not own the underlying coins when trading ETPs or Crypto FX pairs.


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