Saxo Bank Review 2026
Founded 1992 · Copenhagen, Denmark
Last updated: May 27, 2026
Saxo Bank is a Danish investment bank offering access to 71,000+ instruments across forex, stocks, options, futures, ETFs, bonds, and mutual funds. Regulated by 15+ authorities worldwide, it's designed for serious investors who demand institutional-grade research and global market access.
Is Saxo Bank Safe?
Yes, Saxo Bank is considered a highly safe broker. Here's our complete analysis of Saxo Bank's regulation, fund protection, and track record.
Last verified: May 27, 2026
Regulatory Licenses
Saxo Bank holds 5 regulatory licenses. This includes 5 Tier-1 license(s) from the world's most stringent regulators — a strong indicator of safety.
Safety Checklist
Our Verdict
Saxo Bank is one of the safest brokers we've reviewed. With 5 Tier-1 license(s) and a trust score of 96/100, it meets the highest standards for retail trader safety. Client funds are segregated, negative balance protection is in place, and the broker has operated since 1992. We consider it safe for deposits of any size.
Frequently Asked Questions
Is Saxo Bank regulated?
Yes, Saxo Bank is regulated by DFSA, FCA, ASIC, MAS, JFSA. It holds 5 Tier-1 license(s), which is the highest standard of regulatory oversight.
Is Saxo Bank a scam?
No, Saxo Bank is not a scam. It is a licensed and regulated broker with Tier-1 regulation from DFSA and FCA and ASIC and MAS and JFSA. It has been operating since 1992 and maintains segregated client accounts.
Can I trust Saxo Bank with my money?
Saxo Bank scores 96/100 in our TrustMetrics system. This places it among the most trusted brokers we've reviewed.