Expert Review
Product Name: Saxo UAE CFD Trading
Product Description: Saxo Bank offers CFD trading in Dubai where traders can access over 8,800 instruments, including single stocks, indices, forex, commodities, options, and bonds. Saxo’s CFD trading platform provides ultra-competitive pricing with tight spreads and low commissions.
Is Saxo regulated for CFD trading in the UAE?
Yes, you can trade CFDs with Saxo in the UAE as they are regulated by the DFSA and have a physical office in Dubai. In fact, Saxo markets offer one of the best CFD trading platforms in Dubai for small and large customers on their robust SaxoTradeGo trading platform. the key advantage of trading CFDs with Saxo is that you get DMA access and can place CFD orders directly on the exchange order book for better pricing.
SaxoTraderGO, offers charting with 50+ technical indicators, integrated Trade Signals, and innovative risk-management features. Key to Saxo’s UAE offering is that Saxo Bank has a strong reputation with over 30 years of experience, serving 1,000,000 satisfied customers.
- DFSA Reference Number: F001014
- UAE Address: Saxo Bank (Dubai) Ltd. Boulevard Plaza – Tower 1 30th floor, office 3002 Dubai Downtown, Burj Khalifa area Dubai, UAE
Pros
- Direct market access
- Low commissions
- Robust trading platform
Cons
- See as a trading platform for professionals
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Pricing
(4)
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Market Access
(5)
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Online Platform
(5)
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Customer Service
(5)
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Research & Analysis
(5)
Overall
4.8
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.
You can contact Richard at richard@goodmoneyguide.com
