- 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
4/5
Pros:
Good research information
Cons:
Give a far better customer service experience
3/5
Pros:
Offer options calls
4/5
Pros:
Good choice of research tools
5/5
Pros:
Spreadbet and options trading
1/5
Pros:
Nothing.
Cons:
Not sure - don't really use them much, plan on closing account.
4/5
Pros:
Fx forwards
Cons:
Fx forwards
3/5
4/5
Pros:
safety
Cons:
no thoughts
3/5
5/5
4/5
4/5
3/5
Pros:
N/A
Cons:
Customer service and trading costs
4/5
Pros:
Scale
Farhang @ 04/17/2020 03:26
The platform is difficult to use, one has to have Demo platform for month to be able to use the platform, on line or web platform. Customer service us OK but it seems they don't know much about the banks they are associated with. I tried to transfer funds from USA but their associated Deutsche Bank declined funds and no body knew why SAXO account is not active in Deutsche Bank. I hope they start to understand and offer MT4 as 3rd part platform where traders are comfortable with, and take a look at their Bank accounts in US for fund transfer. This would be very unprofessional that a bank says Saxo has no active account with us.
James Taylor @ 09/14/2018 09:34
Very easy to use, the best trading platform out there today. 10/10
Pietro Carlucci @ 09/13/2018 11:57
Very happy with Saxo - the platform does everything I need it to do. Pro platform is on a different level to other platforms. Use them for both trading and investment purposes.
Professional company with professional staff who know what they're talking about.
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.
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