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Saxo Bank Investment Bank for Forex traders provides the same intermediary services as ordinary brokers in Poland.

But at the same time, positive balances the negative and we can say that the Forex broker earned different reviews, reflecting different points of view.


Saxo Bank 

 

Start of work on the market - 1992

Announced Headquarters Location - Hellerup, Denmark

Financial Regulator - each local branch of the bank in the aisles of the world is controlled by a financial regulator at its location.

Terms of cooperation and customer service options *

Broker proposal

The rating that the broker deserved for this item (reviews, comments, statements) **

Trading instruments

Currency pairs, CFDs, futures, options, metal spots, stocks

0

Minimal deposit

$100000 - $1000000

+/-

Leverage

1:50

+/-

Spread

0,5

+

Service charge

no

+

Personal financial manager support

no / yes (depending on the type of account servicing)

0

Individual expert advice

no / yes (depending on the type of account servicing)

0

Deposit

  • payment cards;
  • bank transfers

+/-

Withdrawal

  • payment cards;
  • bank transfers

+/-

Support service

+

+/-

Automatic trade

+

0

Trainings

+

+

Information and analytical materials

+

+

Contests and promotion

-

0

Trading platform

  • SaxoTraderPRO ;
    • SaxoTraderGO.

+/-

Other

Investment programs

+

* The parameters that are most often used by brokers for Poland are selected.

** The data used is available in open sources of information - estimates received by the Forex broker (reviews, messages, comments, etc.). The legend “+” is more positive, “-” is more negative, “0” is neutral or small, “+/-” is contradictory.

 

Basic information about the bank was rated positively by traders. A long period of work in the market, much longer than the one that many brokers for Poland can boast of, provoked encouraging comments. According to the authors, this is a reason to believe that the company is not a scam. Control by various financial regulators is also positively evaluated as a guarantee that the broker is not involved in fraud and scam.

Overall assessment of trading conditions by customers

Trading conditions of the company, in addition to the high minimum deposit, which is much more than brokers usually practice for Poland, and low leverage, are appreciated by traders in Poland quite positively. The broker received approving reviews for the low spread and lack of service charges. The provided trading tools did not cause much discussion. There are some critical comments on the network regarding the trading conditions of the company, but it can be said that, in general, the Forex broker earned positive reviews for them.

Evaluation by traders of the quality of service

Comments regarding the quality of customer service are controversial. On the one hand, the broker received positive feedback on the work of the support service and the training program. On the other hand, there is criticism of the support service for being too slow. Some authors even state, based on delays in resolving issues, that the company is a scam. But at the same time, positive balances the negative and we can say that the Forex broker earned different reviews, reflecting different points of view.

 Assessment of honesty and completeness of input and output of cash

Traders are not very happy that the bank refused to make payments through payment systems. At the same time, there are not many accusations of fraud and scam, and those that are are often not specified. Quite often, the authors of posts indicate, and it is quite comfortable with the way the broker calculates (reviews of clients who have been working safely with him for some time). If we talk about the quantity, then most likely the Forex broker receives positive reviews. Most of the comments concern a small number of payment methods.



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