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Saxo Capital Markets Review

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Our experts rate Saxo Capital Markets as a five-star broker because they offer professional-grade trading and investment access, platforms and solutions to private investors and traders. Saxo Capital Markets is well established with a generally experienced client base and has performed well in our most recent client satisfaction survey. Our 2020 review explains in detail what makes Saxo Capital Markets stand out from other brokers.

Read more about our review methodology

Saxo Capital Markets Review Scores: Expert Ratings

Account Types 9/1090%
Market Coverage 10/10100%
Trading Platforms 9/1090%
Spread Costs & Margin Rates 8/1077%
Ease of Use 9/1089%
History & Reliability 9/1090%
Safety & Regulation 9/1089%
Customer Support & Satisfaction 8/1080%
Account Opening & Funding 8/1080%
Research & Tools 9/1090%
88%
Overall Score

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62% of retail investor accounts lose money when trading spread bets and CFDs with this provider.

What do clients think of Saxo Capital Markets?

The below data is taken from the average weighted scores of over 250 traders and 3,200 investors who completed our Good Money Guide Awards survey in which brokers asked their clients to rank their services against peers.

Saxo Capital Markets 2020 Review Client Satisfaction Levels

70% of clients would RECOMMEND Saxo Capital Markets to a friend70%
62% of clients are satisfied with Saxo Capital Markets' FEES & COSTS62%
81% of clients are satisfied with Saxo Capital Markets' MARKET COVERAGE81%
78% of clients are satisfied with Saxo Capital Markets' TRADING PLATFORM78%
72% of clients are satisfied with Saxo Capital Markets' MARGIN RATES72%
74% of clients find Saxo Capital Markets EASY TO USE74%
86% of clients are satisfied with Saxo Capital Markets' RELIABILITY86%
91% of clients trust Saxo Capital Markets to safeguard their FUNDS91%
77% of clients are satisfied with Saxo Capital Markets' CUSTOMER SUPPORT77%
75% of clients are satisfied with Saxo Capital Markets' EDUCATIONAL MATERIAL75%
81% of clients are satisfied with Saxo Capital Markets TRADING TOOLS?81%

Saxo Client Reviews

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Saxo Capital Markets
Average rating:  
 3 reviews
Apr 18, 2020
by Farhang on Saxo Capital Markets
Online Platform (out of 5 stars): 2
Customer Service (out of 5 stars): 2
Fees & Pricing (out of 5 stars): 2

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.

Oct 19, 2018
by James Taylor on Saxo Capital Markets
Online Platform (out of 5 stars): 5
Customer Service (out of 5 stars): 5
Fees & Pricing (out of 5 stars): 5

Very easy to use, the best trading platform out there today. 10/10

Oct 19, 2018
by Pietro Carlucci on Saxo Capital Markets
Online Platform (out of 5 stars): 5
Customer Service (out of 5 stars): 5
Fees & Pricing (out of 5 stars): 4

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.

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77%
Client Satisfaction

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62% of retail investor accounts lose money when trading spread bets and CFDs with this provider.

Saxo Capital Markets Review: Saxo Capital Markets offers access to the markets around the global. Clients can trade physical shares, ETFs, futures and options as well as CFD (contracts for difference) on indices, Forex, commodities, fixed income and equities. Saxo Capital Markets also provide DMA (direct market access) and prime brokerage services to institutional investors. 62% of retail investor accounts lose money when trading CFDs with this provider.

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