Whether it’s its jazz credentials or its association with some pretty cool dudes down the years, there’s no denying that the tenor sax is the archetypal sax. Its silhouette is the very symbol of cool, and merely holding one raises your street cred a couple of notches.
In my Saxo Review, I found that the broker offers an expansive portfolio of trading and investing instruments – 72,000+ to be exact – including forex, CFDs, shares, options, bonds, ETFs and mutual funds, as well as an array of supporting research content. Moreover, the platform is user-friendly and provides access to an excellent array of tools for both advanced and novice traders. This link https://www.theinvestorscentre.co.uk/reviews/saxo-review/
As for pricing, Saxo is a highly competitive option when it comes to speculating on foreign exchange and other assets. For example, futures contracts on USD pairs cost 3 pips with a Classic account and 2 for Platinum and VIP accounts. Similarly, the broker’s forex spreads are low, starting at just 0.4 pips.
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The broker also has competitive liquidity and is backed by top-tier regulators and significant protection of client funds. However, there are some notable drawbacks to note. For example, while there are no inactivity fees or custody charges at the brokerage, a hefty minimum deposit is required for its most cost-effective accounts – and it’s a requirement that’s likely to put off casual traders. Moreover, its lack of a spread betting offering may be off-putting for some UK traders.