SAXO BANK A/S

Saxo Bank A/S is a Danish investment bank founded in 1992 and headquartered in Copenhagen, regulated by the Danish Financial Supervisory Authority as a licensed bank and operating through multiple subsidiaries and branches in Europe and internationally (local entities are regulated by authorities such as the FCA in the UK, MAS in Singapore, and ASIC in Australia). It offers multi-asset online trading and investment across cash equities, ETFs, bonds, mutual funds, listed options and futures, foreign exchange, and CFDs, with access to exchange-traded crypto ETPs in certain markets but not direct spot crypto custody; product scope and leverage limits vary by jurisdiction and client classification. Trading is provided via proprietary platforms SaxoTraderGO (web/mobile) and SaxoTraderPRO (desktop), with API access (including OpenAPI and FIX for institutions), a range of order types, market data subscriptions, and research and market commentary produced in-house and from third parties. Saxo typically acts as principal on FX and many CFD products and provides exchange execution for listed instruments; fee structures are tiered by activity and service level and may include spreads or commissions, exchange and clearing fees, financing charges on leveraged positions, currency conversion markups, custody or platform administration fees on certain securities, and charges for market data and corporate action handling; exact rates, minimums, and tiers differ by region and account. Accounts are available to individual, joint, and corporate clients in multiple base currencies, subject to KYC/AML onboarding; funding is generally via bank transfer and, in some regions, cards; withdrawals are typically by bank transfer and may incur third‑party bank fees. Client asset protection follows local rules: in Denmark, eligible cash deposits with Saxo Bank A/S are covered by the Danish Guarantee Fund up to the statutory limit (currently the EU-aligned EUR 100,000), while securities are held in segregated accounts and are not part of the bank’s estate in insolvency, with separate investor compensation applying to certain claims where relevant; protections and limits differ for clients booked to other Saxo entities. Retail clients trading CFDs in the EU/UK benefit from mandatory negative balance protection and margin close‑out rules; these do not generally apply to professional clients. The bank publishes audited financial statements and is subject to capital and conduct requirements under EU and local law; it has expanded through acquisitions, including the integration of BinckBank. Product availability, account features, and legal terms depend on the contracting Saxo entity and the client’s residency, and prospective clients should review the applicable terms, fee schedules, risk disclosures, and regulatory status for their jurisdiction before onboarding.