- Experts rate Saxo Index Trading highly for its robust platform, highlighting the ability to trade 29 index-tracking CFDs with fast access across multiple devices. They commend the low commissions and excellent analysis tools, while noting the absence of index spread betting as a limitation.
- Across 137 user reviews on Good Money Guide, averaging 4.2/5, customers frequently commend the platform's user-friendliness, professional execution, and comprehensive market access. Many appreciate the competitive pricing and quality customer service, although some express frustration with payment processes and account registration issues.
Saxo Index Trading Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Saxo Index Trading across five key areas of our review framework.
- Pricing4.0
- Market Access4.5
- Online Platform4.5
- Customer Service4.5
- Research & Analysis4.0
Pros
- DMA index trading
- Low commissions
- Excellent analysis and data
Cons
- No index spread betting
See full expert review
Our verdict
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.
62% of retail investor accounts lose money when trading CFDs with this provider
Is Saxo good for indices trading?
Yes, with Saxo 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.<BR>62% of retail investor accounts lose money when trading CFDs with this provider
Customer reviews for Saxo
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 137 reviews
- Excellent54%
- Very good19%
- Basic18%
- Poor7%
- Bad2%
Read customer reviews
Payment and client service chaos
Bank account registration system/deposits consistently fail - their systems cannot cope. Their new rule about not funding from or withdrawing to non-resident countries is absurd and they have ignored their own grace periods for compliance. Online withdrawals fail with the transaction logs disappearing within 24 hours. Withdrawals have to be processed manually and this takes at least one week. Their account restrictions come in too easily, and client service tickets yield no results at all unless you file a formal complaint. I have been trying to make withdrawals for over three months now and I am closing my account in exasperation.
Effective
Demands competence on part of investor - restricts access to asset types.
Professional
Large range of different markets.Execution,costumer service and deposits/withdrawals.
Consistent performance
Wide range of products, competitive and transparent pricing, great client service
Versatile
Saxo bank delivers a premium trading experience with vast markets access, advanced tools, and competitive fees. They are Professional and helpful all the way.
Strong Platform
A great platform with latest technology.
Professional
The Saxo platform provides access to all important stock and bond markets worldwide with professional execution and reasonable pricing.
A comprehensive global trading platform
Range of available product, accompanying research, trading educational materials, daily news. Not much more one could wish for.
professional
What stands out is how closely it resembles a professional trading environment. The interface is intuitive but not dumbed down, the charting is robust enough for serious technical work, and the order management feels precise — which is critical when you’re trading actively or managing risk intraday. Research is global and competitive.
It gives me exactly what I need: clarity, control, and confidence in execution.
Comprehensive
A really good, straightforward & easy to use platform with comprehensive market information and good articles about stocks and shares. Simple, efficient and cost-effective.
Great
Every single thing, from information to execution.
Swift
Complete package
Excellent
Transparent, accurate, well time tested being a trusted one along.
Reliable
Executes trades efficiently. Reporting great.
very good
The. Interface is easy to use and provide most of the information required ro make decisions
Professional
Analysis, information, data availabld
Easily usable
They make the site and app easy to understand and use
Great
Saxo
Comprehensive
Great UI with access to global markets
Service
Customer Service and platform ease of use
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.
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.
- Expert opinion: Saxo Markets reviewed & rated
Compare Saxo to other indices brokers below:
| Index Trading Platform | Indices Available | Index CFDs | Index Spreads | Index Futures | Index Options | MT4/5 | Customer Reviews | More Info |
|---|---|---|---|---|---|---|---|---|
| 40 | ✔️ | ✔️ | ❌ | ✔️ | ✔️ | (Based on 125 reviews) | See Platform 69% of retail investor accounts lose money |
| 40 | ✔️ | ✔️ | ❌ | ❌ | ✔️ | (Based on 21 reviews) | See Platform 74% of retail CFD accounts lose money. |
| 28 | ✔️ | ✔️ | ❌ | ❌ | ✔️ | (Based on 110 reviews) | See Platform 73% of retail investor accounts lose money |
| 39 | ✔️ | ❌ | ❌ | ❌ | ❌ | (Based on 146 reviews) | See Platform 76% of retail investor accounts lose money |
| 13 | ✔️ | ❌ | ✔️ | ✔️ | ❌ | (Based on 1,375 reviews) | See Platform 59.7% of retail investor accounts lose money |
| 30 | ✔️ | ✔️ | ❌ | ❌ | ❌ | (Based on 272 reviews) | See Platform 61% of retail investor accounts lose money |
| 80+ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | (Based on 746 reviews) | See Platform 68% of retail investor accounts lose money |
 | 80+ | ✔️ | ✔️ | ❌ | ❌ | ✔️ | (Based on 237 reviews) | See Platform 68% of retail investor accounts lose money |
| 29 | ✔️ | ❌ | ✔️ | ✔️ | ✔️ | (Based on 137 reviews) | See Platform 62% of retail investor accounts lose money |
| 15 | ✔️ | ❌ | ❌ | ❌ | ❌ | (Based on 283 reviews) | See Platform 61% of retail investor accounts lose money |
| 25 | ✔️ | ✔️ | ❌ | ❌ | ❌ | (Based on 139 reviews) | See Platform74% of retail investor accounts lose money |
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 The Sunday Times, 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.