Saxo
Saxo Bank A/S
At a glance
Licences and regulators
“On the register” means we found this number on the regulator's own list. The FSC Mauritius register shows no licence numbers, so there we match by name and label the number “broker says”. “Claimed by broker” means the broker's site states it and we couldn't check that register automatically. Info may be out of date or wrong. Always check with the regulator before you trade.
Company facts
| Website | home.saxo |
|---|---|
| Head office (country) | Denmark |
| Founded | – |
| Support email | – |
| Legal entities named | Saxo Bank A/S |
From the broker's own website. Scammers copy contact details, so use the website and email shown on the regulator's register.
Licence details by regulator
| Regulator | Entity · number | Status | What it covers |
|---|---|---|---|
| Danish FSA | Saxo Bank A/S · 1149 | On the register | ESMA MiFID register: Saxo Bank A/S, Finanstilsynet (Denmark), Active, LEI 549300TL5406IC1XKD09 |
A licence only covers the entity and country named. Check which entity your account is with: it's in the client agreement.
Check other warning sources
- IOSCO I-SCAN ↗Warnings from regulators worldwide. Search for “Saxo” and “Saxo Bank A/S”.
- FCA Final Notices ↗UK fines and bans (Publications → Notices and decisions → Final notices). Search for “Saxo” and “Saxo Bank A/S”.
- ASIC enforcement ↗Australian media releases on court action and bans. Search for “Saxo” and “Saxo Bank A/S”.
- CySEC decisions ↗Cyprus board decisions and fines. Search for “Saxo” and “Saxo Bank A/S”.
- CFTC RED list ↗Foreign firms acting as if US-registered. Search for “Saxo” and “Saxo Bank A/S”.
- NFA BASIC ↗US futures and forex firm records and actions. Search for “Saxo” and “Saxo Bank A/S”.
Change log
No alerts or corrections for Saxo yet. All fixes are in the corrections log.
Accounts and platforms
Copycats: names and sites that are not Saxo
Regulators list these as look-alikes or impersonators. Always check the website address.
- SaxoFXCompanyFCA · Unauthorised firm using a similar name · 19/12/2022
- Saxo 24 FXFCA · Unauthorised firm using a similar name · 14/04/2023
- CryptosaxooptionFCA · Unauthorised firm using a similar name · 22/05/2024
- Saxo AI Innovation Bond (Clone of FCA authorised firm)FCA · Clone of an authorised firm · 13/11/2025
- Saxo Bank/ Saxo Capital/ Saxo Advisory (Clone of an EEA Authorised firm and an FCA authorised firm)FCA · Clone of an authorised firm · 29/09/2020
Show 1 more
- SAXOFX-24FCA · Unauthorised firm using a similar name · 23/06/2022
Saxo: questions and answers
Which licences does Saxo name?
We can't tell you whether to trust a broker. Here is what public sources show. Saxo names licences from Danish FSA. 1 of these was found on the regulator's own register. Always check the regulator's register yourself.
Is Saxo regulated by the FSCA?
We didn't find an FSCA licence (FSP number) for Saxo.
Are there regulator warnings about Saxo?
We found no warning about Saxo itself on the lists we check (FSCA, FCA, CySEC, AMF, ASIC, CONSOB, CSA). We did find 6 look-alike names or websites that copy it. These are not Saxo.
What is Saxo's Trustpilot rating?
We haven't recorded a Trustpilot score for Saxo yet.
What is the minimum deposit at Saxo?
$0 ('No minimum initial funding'), as published by Saxo.
Facts from public sources, not advice. We don't rate or recommend brokers.