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   Brokers ›› Ratings for Saxo Bank 

Saxo Bank
17%     83%
(12 Votes)
 
Quote & Execution Speed
Range of Services
Training & Tech Support
Commissions & Fees
Overall Reliability


  1 - 5 of 12 Next 


  "Saxo cycling team" - BilliejoeJuly 08, 2010   10:42 AM  
 
Quote & Execution Speed
Range of Services
Training & Tech Support
Commissions & Fees
Overall Reliability


I noticed that Saxo Bank (no doubt expensively assembled) cycling team are currently leading the Tour de France, and they have a nice online sports forum for that!

But no forum for traders - priorities?

  
  "Good platform" - coreedApril 03, 2010   2:42 PM  
 
Quote & Execution Speed
Range of Services
Training & Tech Support
Commissions & Fees
Overall Reliability


Boiler room morphed into respectable institution. Saxotrader is well thought out piece of software even though it is buggy and the chart display is erratic. However, unless you are retail and don't trade often the comm/spreads/min ticket fees will kill you. If you are serious about trading - go somewhere else.

  
  "Not a serious option" - MunckJanuary 06, 2008   4:16 AM  
 
Quote & Execution Speed
Range of Services
Training & Tech Support
Commissions & Fees
Overall Reliability


Being a danish trader, I had high hopes for Saxo Bank. Among the Danish brokers, they are the most advanced by far. I was in for a disappointment though. Very expensive commissions, non-existing support (they didn't even replied to my e-mails/voicemails). Oh, and their 'Saxotrader2' platform - I don't even know where to start!!

Been there, done that (for a short while) - won't ever come back!

  
  "Needs improvement" - arkJanuary 05, 2008   10:51 AM  
 
Quote & Execution Speed
Range of Services
Training & Tech Support
Commissions & Fees
Overall Reliability


Quote & Execution: Order execution is fast & efficient. However, quotes are always lagging behind by a few seconds. Same goes for their real-time java chart which takes a few seconds to follow up to the actual market prices.

Range of Services: They provide real-time news. Most of the time it's just the head-lines. And stuff like market analysis. Personally I will never follow their trade recommendations.. or anyone elses for that matter.

Training & Tech Support: They have a chat feature connected directly to their dealers. If you encounter any issues you could utilise that. It's useful to a certain extent. However, expect mostly trade recommendations coming through there.

Commissions & Fees: Too expensive.

Reliability: Saxotrader is unstable at times.. so occasionally it'll jam up or crash.

Conclusion: Saxo Bank is pretty decent. They just need to improve their software reliability and lower their trading fees.

  
  "Too many gaps" - Paulds11September 04, 2007   5:11 PM  
 
Quote & Execution Speed
Range of Services
Training & Tech Support
Commissions & Fees
Overall Reliability


I spent three months trying to get a simple answer to the question of significant disparity between the ir CFD offer and the true pegged (or underlying).. and I never got it. When underlying was heading UP thier market was heading down to adjust to the massive premium they took away from you to stop you trading AGAINST them at market open... This company behaves like a Spreadbetting firm and is NOT for the serious intra-day or swing trader.. unless you enjoy a trip to the casino..simply ridiculously weak responses to utterly pertinent questions.. dont even consider them.. I would touch them with your money, let alone mine..

  
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