Yes, Saxo is one of the best indices brokers in our matrix as they offer DMA access to index futures, as well as OTC CFDs, and direct market access index options. If you are an investor rather than a trader you can buy index ETFs for longer-term exposure to all the stocks in major indices like the S&P 500.
Saxo Markets Indices Trading Review
Name: Saxo Markets Indices Trading
Description: With Saxo Markets you can trade 29 index-tracking CFDs with fast and reliable access to the markets from your phone, tablet, laptop or multi-screen desktop setup. The award-winning, multi-device SaxoTraderGO partners seamlessly with SaxoTraderPRO, giving a professional-grade platform for advanced index traders.
64% of retail investor accounts lose money when trading CFDs with this provider
Summary
- Indices available: 29
- Minimum deposit: £1
- Account types: CFDs, futures & options, DMA, investing
- Index pricing: FTSE 1, DAX 1, Dow 3, NASDAQ 1, S&P 0.5
Pros
- DMA index trading
- Low commissions
- Excellent analysis and data
Cons
- No index spread betting
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Pricing
(4)
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Market Access
(4.5)
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Online Platform
(4.5)
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Customer Service
(4.5)
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Research & Analysis
(4)
Overall
4.3- Expert opinion: Saxo Markets reviewed & rated
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
