Even though Saxo is traditionally a trading platform for short-term speculation on the markets going up or down. It is also an excellent choice for longer-term investors as Saxo is a very well-capitalised company, heavily regulated in the UK and all the regions they operates in, and has excellent customer service for small and large customers.
- Experts commend the Saxo Investing App for its robust platform and competitive pricing, highlighting the SaxoTraderGO and SaxoInvestor apps as excellent choices for both sophisticated and beginner investors. They note the platform's strong customer service and regulatory compliance, while pointing out that the subscription fees for live pricing may be a drawback for some users.
- 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 complexity of certain features, indicating that while the platform is powerful, it may not be ideal for all beginners.
Saxo Investing App 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 Investing App across five key areas of our review framework.
- Pricing5.0
- Market Access5.0
- Online Platform5.0
- Customer Service5.0
- Research & Analysis5.0
Pros
- Direct market access
- Excellent platform
- Low commissions
Cons
- May be too complicated for beginners
- Subscription fees for live pricing
See full expert review
Our verdict
Saxo has two apps - SaxoTraderGO and now SaxoInvestor, which is aimed at beginners and is a trimmed-down version of its older sister. Saxo has some of the best pricing and order execution types. Capital is at risk.
Are Saxo's Investing Apps Good for Longer-term Investors?
SaxoTraderGO is a good choice if you are a sophisticated investor and want to manage every aspect of your portfolio actively and need an established platform. The SaxoInvestor app won Best Investing App in our 2024 awards as it helps connect new and beginner investors through a simple interface to one of the most advanced platforms in the industry.
Saxo's competitive pricing and range of order execution types mean you can work large orders on the move as well as from the standard desktop platform.
Even though Saxo is traditionally a trading platform for short-term speculation on the markets going up or down, it's also an excellent choice for longer-term investors. That's because Saxo is a well-capitalised company, heavily regulated in the UK and all the regions it operates in, and has excellent customer service for small and large customers.
Fees
Saxo charges €10 a month or 0.12% a year (whichever is higher) based on the value of your portfolio. If you have a VIP account this fee drops to 0.08%. Dealing charges are commission based as a percentage of transaction size. They are competitive, though, and UK shares trading commission starts at 0.1% (£100 if you buy £100,000 worth of stock) and drops to 0.05% for more active traders.
Special Offers
If you have £200,000 or more on account, you can apply for 30% lower transaction and account costs.
For accounts with portfolios over £1m, you get even better pricing, direct connection to experts, 1:1 SaxoStrats access and event invitations.
What Are the Apps Like to Use?
The images below are from the SaxoTraderGO app. You can see the Saxo Investor platform in our dedicated hands-on review.
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
Amazing
Has good options for building funds
Comprehensive
Saxo offers something for everyone. Their platforms are easy to use, give you plenty of data and some great knowledge resources. They make investing straightforward and as not-scary as possible
Sleek
Broad access to markets and asset classes, useful toolkit and low fx exchange fees when trading international shares regularly
After IB experience it is like day and night bad
My german bank decided to discontinue doing business with me as I am resident in the UAE and I want to transfer the commerzbank account to Saxo so that it is EU regulations. transfer took 8 weeks and multiple calls, account opening takes similarly very time consuming and several problems moreover the platform offers much less ETFs and bonds to compare to IB and prices are higher.
Four Stars
Very efficient trading in world wide Shares, Funds and ETF's
More compelted platfomr but more...
More compelted platfomr but more asset/ivestment options
4/5
Good experience so far
Good experience so far
Sound
Sound
Easy to trade with provision...
Easy to trade with provision for options with stops and security features
Basic trading platform, with a...
Basic trading platform, with a wide range of stocks.
No comment
No comment
Easy to use with excellent...
Easy to use with excellent pricing and range of equities across multiple markets
2/5
3/5
I find the website difficult...
I find the website difficult manage and customer service substandard.
x
x
too big
too big
no thoughts
no thoughts
uk
uk
- Expert opinion: Saxo Markets reviewed & rated
Saxo Investing App (iPhone) Video Walkthrough
Compare Saxo’s investing app against other investing apps below:
| Investment ISA | ISA Annual Fees | DIY or Managed | Transfer Offer | Customer Rating | More Info |
|---|---|---|---|---|---|
 | £96 | Both | Cash Back | (Based on 746 reviews) | See Offer* Capital at risk |
 | £59.88 | Both | Free Trades | (Based on 1,125 reviews) | See Offer Capital at risk |
 | 0.25% - 0% | Both | Bonus | (Based on 1,635 reviews) | See Offers Capital at risk |
 | 0% | DIY | ❌ | (Based on 676 reviews) | See Offer Capital at risk |
 | 0.6% | Managed | Cash Back | (Based on 2,571 reviews) | See Offer Capital at risk |
 | £0 | Both | ❌ | (Based on 1,375 reviews) | See Offer Capital at risk |
 | 0.75% - 0% | Both | ❌ | (Based on 248 reviews) | See Offer Capital at risk |
 | 0.25% - 0% | DIY | Fees Paid | (Based on 1,103 reviews) | See Offer Capital at risk |
 | 0.45%- 0% | DIY | Cash Back | (Based on 1,775 reviews) | See Offer Capital at risk |
| 0.12% | DIY | Cash Boost | (Based on 137 reviews) | See Offer Capital at risk |
 | 0.15% | Both | ❌ | (Based on 38 reviews) | See Offer Capital at risk |
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.
