A Saxo Review

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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.

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