In this review, we take a look at Saxo and explore if it is a good investing platform for beginners and advanced investors.
62% of retail investor accounts lose money when trading CFDs with this provider
- Experts rate Saxo's General Investment Account highly, awarding it a total rating of 4.9/5. They commend its exceptional platform, direct market access, and competitive pricing, while noting that it may be too complex for beginners and has subscription fees for live pricing.
- Across 137 user reviews on Good Money Guide, averaging 4.2/5, customers frequently highlight the platform's user-friendly interface, extensive market access, and excellent customer service. However, some users express frustration with payment processing issues and the complexity of certain features, indicating a mixed experience for beginners.
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 General Investment Account across five key areas of our review framework.
- Pricing4.5
- Market Access5.0
- App & 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’s GIA is one of the most advanced accounts for UK long-term investors with access to more than 50 stock exchanges around the world and 22,000 instruments available to invest in. Saxo’s forte is as a trading platform for professional and institutional short and medium-term speculators as it offers direct market access and very low commissions. A good choice for large, active investors. Capital at risk
Is Saxo's GIA a Good Account?
Yes, Saxo was voted "Best Investing Account" in the 2026 Good Money Guide Awards
As well as being one of the best trading platforms, Saxo has good accounts for long-term investments. The platform has recently introduced mutual funds for investors who want to quickly build a diversified portfolio. And income investors can access a huge range of retail and institutional-grade bonds.
On balance, though, I'd say that Saxo remains more of a trading platform than an investing account. So if you're primarily a high-risk trader and you want to incorporate some longer-term “safer” investments into your portfolio, Saxo is a good place to invest alongside your shorter-term speculation. Saxo is also one of the best brokers for earning interest on your uninvested cash.
Compared with other retail investing accounts like eToro, Saxo is a much better option because of market range, customer service and tax-free products like ISAs and SIPPs.
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, which are a percentage of transaction size, are competitive - 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
Platinum. If you have £200,000 or more on account, you can apply for 30% lower transaction and account costs.
VIP. For accounts with portfolios over £1m, you get even better pricing, direct connection to experts, 1:1 SaxoStrats access and event invitations.
What is Saxo's Platform Like to Use?
Saxo’s investment platform provides exceptional access to the global markets.
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
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.
