Saxo Markets Review

Saxo ETF Investing Customer Reviews & Expert Rating

The overall score out of 10 combines our expert rating out of 5 with the average customer rating out of 5.
8.6/10Very good

Based on 137 customer reviews and our expert analysis

  • Experts commend Saxo ETF Investing for its extensive selection of over 6,400 ETFs, competitive trading fees starting at 0.1%, and a robust online platform rated 4.5/5. They highlight the platform's strong market access and comprehensive research tools, while noting the absence of tax-free spread betting as a drawback.
  • Across 137 user reviews on Good Money Guide, averaging 4.2/5, customers frequently praise the platform's user-friendly interface, comprehensive market access, and excellent customer service. However, some users express frustration with payment processing issues and the limitations on funding from non-resident countries, indicating a mix of positive experiences and operational challenges.

Expert rating

Our expert rating is the average of the areas listed here, each scored out of 5 by our team.
4.4Very good

Our experts have rated Saxo ETF Investing across five key areas of our review framework.

  • Pricing4.5
  • Market Access5.0
  • Online Platform4.5
  • Customer Service4.0
  • Research & Analysis4.0

Pros

  • Huge range of ETFs
  • Good international access
  • Low FX fees

Cons

  • No tax free spread betting
See full expert review

Our verdict

Saxo Markets offers trading on 6,400+ ETFs from tech, healthcare, environment and other major sectors. You’ll also get access to research on ETFs across sectors and markets, investment inspiration, live market updates, expert analysis, podcasts and webinars.
Capital at risk.

Summary

A great choice for serious ETF investors that trade on a regular basis with large portfolios..


  • ETFs available: 6,400+
  • ETF account charge: £0
  • ETF dealing charge: £6
  • Account types: GIA, ISA, SIPP, CFDs, futures & options

Fees: *Saxo Markets charges a commission based on a percentage of ETF transaction size. They are very competitive though and ETF trading commission starts at 0.1% (£100 if you buy £100,000 worth of stock) and drops to 0.05% for more active traders.

Customer reviews for Saxo

Customer ratings come from reviews left on this site. Every review is read and approved before it is published.
4.2Very good

Based on 137 reviews

  • Excellent54%
  • Very good19%
  • Basic18%
  • Poor7%
  • Bad2%
Read customer reviews

Solid

Marius Bausys ·

Saxo is a safe, reliable broker with a vast offering of securities.

complete

Luka Jevnikar ·

A comprehensive investment platform offering a vast array of investment products to trade and invest in. The platform has a professional look and feel. It also includes research, third party news coverage as well as provides education and own research. For a long-term investor, not sure you could ask for much more.

Helpful

Howard Baker ·

Provides retail investors with a great trading platform and access to global financial markets 24hrs a day. Also Saxo is entirely professional and they are always there to help if ever needed.

Slick

Henry Watkinson ·

Everything

Professional

Tim Mowat ·

Straight forward, simple to use, fast response to requests and commands. Excellent analysis of markets, trends, opportunities.

Brilliant

Rudi Swanepoel ·

Great platform, excellent breadth of markets and reasonably priced.

Brilliant

Jesper Rasmussen ·

Most instruments to choose from.
Lowest fees.
Best support.

Efficient

Roger EASON ·

Friendly and good with advice

Best

Himanshu Arora ·

Trading, investment, savings and all

Excellent

Richard Webb ·

I find Saxo's app easy to use, very clear on fees, and supported by great customer service

Superb platform

Phil Taylor ·

Quality of platform, tools and investment information. Stability of site and clear informative interface.

Good UX, technical tools and insights

DENZIL GRIFFITHS ·

Charting and data

Good

Jon Mann ·

Good

Helpful

Jonathan Martin ·

The platform and good service when needing to speak with someone

One stop shop

Lucy Sylva ·

Great platform

Reliable and Quick Broker App

CSABA GYÖRGY SIMON ·

Saxo Bank is a privately owned Danish investment bank specializing in online trading and investment. The bank provides access to a broad range of financial instruments, including Forex, stocks, CFDs, futures, funds, bonds, and futures spreads, through its proprietary online trading platforms in its App.
I am satisfied with the "SAXO BE INVESTED" App, indeed and have been using that in Hungary for years.
Good luck by the SAXO App all of you in 2026!

Comprehensive

Terry Rourke ·

Provides excellent investment information, very competitive trading fees, simple trading process and good access to shares from a range of countries

Flexible

STELIOS KARAGIANNOGLOU ·

Breadth of investment products, costs, speed

slick

Gary Evans ·

Great platform and app

User-friendly

Laura Baija ·

The platform is very user friendly and visually easy to navigate. There is a lot of interesting educational material. Has a good range of options for different instruments.

Saxo is one of the best brokers for buying ETFs, especially compared to other retail platforms like eToro. With Saxo you can buy ETFs in local currencies like GBP, EUR and USD, whereas with eToro you are forced to buy GBP and EUR ETFs in USD (which includes FX conversion fees).

When you trade ETFs with Saxo you do so in the same was as stocks, as in you can trade ETFs directly on exchange with direct market access and buy/sell in between the bid/offer price. This is very useful for high-frequency larger investors. As it can significantly reduce costs.

Whereas with investing platforms like Hargreaves Lansdown where holding ETFs can cost as much as 0.45% of the value, the custody fee for holding ETFs with Saxo is around 0.12%. But this still isn’t as cheap as Interactive Brokers, where there is no account charge.

Compare Saxo to other ETF investing platforms below:

ETF PlatformETF Account FeeETF Dealing CommissionCustomer ReviewsMore Info
IG ETF Investing£24 pq£8 (Based on 746 reviews)Visit Platform
Capital at risk
Interactive Investor ETF Investing£4.99 pm£5.99 (Based on 1,125 reviews)Visit Platform
Capital at risk
Saxo Markets ETF Investing£00.10% (Based on 137 reviews)Visit Platform
Capital at risk
Hargreaves Lansdown ETF Investing£0£11.95 (Based on 1,775 reviews)Visit Platform
Capital at risk
Interactive Brokers ETF Investing£00.05% (Based on 1,375 reviews)Visit Platform
Capital at risk
Investengine£0£0 (Based on 1,635 reviews)Visit Platform
Capital at risk
AJ Bell ETF Investing0.25%£9.95 (Based on 1,103 reviews)Visit Platform
Capital at risk
Bestinvest ETF Investing0.4%£4.95 (Based on 109 reviews)Visit Platform
Capital at risk
Scroll to Top

Subscribe To The Good Money Guide Newsletter

Make more of your money with our guides, analysis, tips and interviews.

We’re committed to your privacy, and you may unsubscribe from these communications at any time with a single click. For more information, check out our privacy policy.