62% of retail investor accounts lose money when trading CFDs with this provider
- Experts rate the Saxo Trading App highly, noting its excellent functionality for professional and institutional traders, with a total rating of 4.9/5. The app provides access to a wide range of markets and features, including DMA trading, extensive research tools, and educational resources, making it suitable for both short-term and long-term investors.
- Across 137 user reviews on Good Money Guide, averaging 4.2/5, customers frequently commend the app's user-friendly interface, comprehensive market access, and responsive customer service. However, some users express frustrations with payment processes and account registration issues, indicating a need for improvement in these areas.
Saxo Trading 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 Trading App across five key areas of our review framework.
- Pricing4.5
- Market Access5.0
- App & Platform5.0
- Customer Service5.0
- Research & Analysis5.0
Pros
- DMA trading app
- Futures and options access
- Lots of research and data
Cons
- Better for advanced traders
See full expert review
Our verdict
Saxo Markets’ trading app is a real workhorse and offers excellent market coverage and functionality. The app provides access to over 30,000 CFD markets as well as on-exchange futures, options, and physical investing.
62% of retail investor accounts lose money when trading CFDs with this provider
Is Saxo's trading app any good?
Yes, Saxo Markets’ trading app very good but compared to another institutional-grade platform like Interactive Brokers, it's not quite as good. Saxo's app is excellent for professional and institutional traders who want to trade DMA, and is essentially a mobile version of Saxo's excellent TraderGo platform. But, whereas Saxo only have one app IBKR, has a huge range of apps for all different types of investors including private investors, algo traders, options strategists and ethical investors.
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.
When I used the Saxo markets trading app I got access to a lot of the functionality of the main platform including, level-2 prices, positions, orders, watchlist, trade blotters, charting, options chain tables, stock screeners, price alters, and SaxoSelect Investments. SaxoSelect lets you invest in longer-term capital-grown investment products run by leading asset managers such as Blackrock and Morningstar who create automated portfolios based on your investment objectives. So, as well as having full access to Saxo’s full range of derivatives products you can also manage your investment portfolio from the app.
The SaxoTraderGo app also provides access to Saxo’s research services where you can view Saxo Wire, and get an overview of the major market movers per asset class, news is filtered by what is trending in the “Hot Topics” section. There is quite a good integration of Autochartist as well where you can trade directly from the signals, choosing if you want to add stops and limits.
There are also some quite good educational videos on topics such as technical analysis, risk management, fundamental analysis, and some general “how-to” guides on how to get the most out of the platform. Through the app, you can view live and previous webinars including Saxo’s quarterly outlook and new feature training.
Overall, one of the best trading apps on the market suitable for experienced and sophisticated traders who want more than just trading and charting.
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
Fantastic platform and really wide...
Fantastic platform and really wide choice of instruments - ability to get reports and track performance is superb
2/5
As above
As above
Good for US access
Good for US access
Excellent research
Excellent research
3/5
Pros:
No thoughts
Cons:
Dont know
3/5
Pros:
The wide palette.
Cons:
less fee
5/5
Pros:
easy professional platform to use
Cons:
Nothing.
4/5
Pros:
trading Options to choose from
Cons:
simplify trading experience
2/5
Pros:
Chart graphics
Cons:
Don't know
4/5
Cons:
Lower fees
3/5
Pros:
No thoughts
Cons:
X
4/5
Pros:
Looks good
4/5
Pros:
Functionality
4/5
4/5
5/5
5/5
Pros:
Strat├®gie dÔÇÖinvestissement dans la transition ├®cologique
Cons:
Conseils sur la strat├®gie dÔÇÖinvestissement
3/5
Pros:
UI
Cons:
not sure
4/5
Pros:
Access to Options trading
Cons:
Lower fees
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.
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