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Review of

Saxo Bank 12/27/2012


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Company Profile Registered Name:

Saxo Bank

Headquarters:

Philip Heymans Alle 15, Copenhagen, DK ‐ 2900 Hellerup

Domicile Country:

Denmark

Foundation:

1992

Status:

Bank

Entity Level:

Parent Company

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Broker Type • • • • • •

Binary Options CFDs Forex Futures Options Stocks

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International Reach Clients Coverage:

International ‐ over 75% international clients

International Offices:

United Kingdom, Spain, Italy, Czech Republic,  Netherlands, Greece, Australia, Singapore, Switzerland,  France, Dubai, Japan, South Africa, Hong Kong, Russia,  Belgium, Cyprus

US Clients Allowed:

No

Not Accepting Clients From:

United States

Website Languages:

Arabic, Chinese, Czech, Danish, Dutch, English, French,  German, Greek, Hungarian, Italian, Japanese, Polish,  Portuguese, Romanian, Russian, Spanish, Swedish,  Turkish

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Regulation and Safety Regulated:

Yes

Regulators:

ACP (France), CNMV (Spain), FINMA (Switzerland), FSA (Japan),  FSA (United Kingdom), FSA (Denmark), SFC (Hong Kong)

Money Segregation:

Yes

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Accounts and Opening Types of Accounts:

Classic Account Platinum Account Premium Account

Account Opening Process:

N/A

Time To Open an Account:

N/A

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Account Types Demo Account:

Yes

Islamic (Swap‐Free) Account:

No

Managed Account:

No

MAM/PAMM Account:

No

Portfolio Management Account:

No

Retirement Account:

No

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Currencies and Funding Account Currencies:

AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, JPY, NOK, NZD,  PLN, RON, RUB, SEK, SGD, USD, ZAR

Funding Options:

Bank Wire, MasterCard, Visa

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Exchanges and Partners Member of Exchanges:

Frankfurt Stock Exchange

Execution Partners:

N/A

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Underlyings Covered • Bonds • Commodities (Gold/Silver) • Commodities (Oil/Gas) • Commodities (Other) • Currencies (Exotic) • Currencies (Majors) • Currencies (Minors) • Stock Indices • Stocks (Africa) 12/27/2012

• Stocks (Asia) • Stocks (Australia and Oceania) • Stocks (North-America: US/Canada) • Stocks (Western Europe)

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Commissions • • • • • •

Binary Options: Spread CFDs: $0.02/Share, Min. $20.00 Forex: Spread Futures: $6.00 Options: $6.00 Stocks: $0.02/Share, Min. $15.00

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Trading Platforms • • • •

FX Options Board by Saxo Bank Saxo Trader by Saxo Bank SaxoMobileTrader by Saxo Bank SaxoWebTrader by Saxo Bank

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Trading Channels Web:

Yes

Desktop:

Yes

Mobile

Yes

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Integrated Modules News:

No

Charts:

No

Indicators and Studies:

Yes

Custom Indicators:

No

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Trading Features One‐Click Trading:

N/A

Chart Trading:

No

Hedging:

Yes

Scalping:

Yes

Fractional Pips:

No

Guaranteed Stop‐Losses:

No

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Auto-Trading EA (Expert Advisors) Allowed:

No

Social Trading (Follow/Copy):

No

Custom Auto‐Trading System:

No

DDE Capabilities:

No

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Order Types Market Order:

No

Limit Order:

Yes

Stop Order:

No

Trailing Stop Order:

No

OCO Orders:

No

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Forex Execution Dealing Desk (DD):

Yes

Non‐Dealing Desk (STP):

No

Instant Execution:

No

Direct Market Access:

No

ECN:

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No

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Forex Spreads Spread Type: 

Fixed

EUR/USD:

2.0

USD/JPY:

2.0

GBP/USD:

3.0

USD/CHF:

3.0

AUD/USD:

3.0

USD/CAD:

4.0

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Binary Options 'In the Money' Payout:

100%

'Out of the Money' Payout:

0%

Expiry Times:

1 day to 6 months

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Education Platform Guides:

Yes

Seminars:

No

Webinars:

Yes

Tutorials:

Yes

Personal Coaching:

No

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Tools, Analysis & Research Charts:

Yes

News:

Yes

Financial Calendar:

Yes

Screener:

Yes

Market Analysis:

Yes

Trade Strategies:

Yes

Online Community:

Yes

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Customer Support 24/7 Support:

Yes

Phone Support:

Yes

Phone Dealing:

Yes

Call‐Back Support:

No

Email Support:

Yes

Live Chat Support:

Yes

Skype Support:

No

Personal Account Manager:

Yes

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More Information To find more information, ratings, reviews, comparisons, and news about Saxo  Bank, click here:

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Saxo Bank Review 2012  

Review of main characteristics and features of SAXO Bank, a broker from Denmark offering trading with Binary Options, CFDs, Forex, Futures,...

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