Is Saxo a good commodities broker?

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Saxo Markets Commodity Trading Review
Saxo Markets

Name: Saxo Markets Commodity Trading

Description: Saxo Markets customers can trade a wide range of commodities as CFDs, futures, options, spot pairs or exchange-traded commodities (ETCs) with tight spreads, integrated Trade Signals, news feeds and innovative risk-management features.
65% of retail investor accounts lose money when trading CFDs with this provider

Is Saxo a good commodities broker?

Yes, as a commodities broker Saxo offers one of the best trading platforms for retail and professional traders. For professional and institutional commodities traders, you can trade commodities with DMA on-exchange futures and options. For retail traders, you can get access to the commodities market through CFDs and a wide range of ETFs. The only think that Saxo does not offer commodity traders is financial spread betting for tax-free profits on oil and gold trading etc.

Saxo Markets Trading Platform

Pros

  • DMA commodities trading
  • Professional platform
  • Low commissions

Cons

  • No commodities spread betting
  • Pricing
    (4)
  • Market Access
    (4.5)
  • Online Platform
    (4.5)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4.2
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