Is Saxo’s trading app any good?

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Is Saxo’s trading app any good?

Yes, Saxo does have an app, and it is excellent, 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.

Is Saxo’s investing app good for longer-term investors?

Yes, 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.

Saxo Trading App (iPhone) Video Walkthrough

Compare Saxo’s trading app against other broker’s mobile platforms below:

Trading AppMarkets AvailableMinimum DepositGMG RatingMore InfoRisk Warning
City Index Trading App12,000£100
(4.2)
See Platform71% of retail investor accounts lose money when trading CFDs with this provider
Pepperstone Trading App1,200£1
(4)
See Platform75.3% of retail investor accounts lose money when trading CFDs with this provider
Spreadex Trading App10,000£1
(4.2)
See Platform64% of retail investor accounts lose money when trading CFDs with this provider
Plus500 Trading App2,000£100
(4.2)
See Platform80% of retail investor accounts lose money when trading CFDs with this provider.
IG Trading App17,000£250
(4.2)
See Platform70% of retail investor accounts lose money when trading CFDs and spread bets with this provider.
Saxo Markets Forex Trading9,000£1
(4.3)
See Platform65% of retail investor accounts lose money when trading CFDs with this provider
Interactive Brokers Trading App7,000£1
(4.3)
See Platform62.5% of retail investor accounts lose money when trading CFDs with this provider
eToro Trading App2,976$50
(3.7)
See Platform51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
CMC Markets Trading App12,000£1
(4)
See Platform68% of retail investor accounts lose money when trading CFDs with this provider
Forex.com Trading App5,000£1
(4.2)
See Platform69% of retail investor accounts lose money when trading CFDs with this provider.
XTB Forex Trading2,100£1
(3.8)
See Platform76% of retail investor accounts lose money when trading CFDs with this provider
ThinkMarkets3,981£10
(4)
See Platform66.95% of retail investor accounts lose money when trading CFDs with this provider
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