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Is it safe?

Is Saxo safe and legit?

Short answer, from public records

Saxo states licences from Danish FSA. We matched 1 on the regulator's own register (Danish FSA). We found no regulator warning naming the firm itself. 6 warnings list look-alike sites copying its name.

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Licences

Full broker page
  • ✓ On registerDanish FSA 1149Saxo Bank A/S · Checked on 17 Oct 2026

Regulator warnings

All warnings

None naming the firm itself.

6 look-alike site warnings (these copy the name; they are not Saxo)

Real site: https://www.home.saxo/

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Scam red flags to check yourself

  • Someone contacts you first (WhatsApp, Telegram, Instagram, dating apps) and offers to trade for you.
  • Guaranteed or fixed returns, or “no-loss” accounts.
  • A web address that is close to, but not exactly, the broker's real site.
  • Pressure to deposit more before you can withdraw, or “tax/fees” to release your money.
  • The licence number on the site doesn't match the regulator's register, or the company name differs.

See Spotting scams in the Academy, or report a scam.

Questions

Is Saxo safe?

Saxo states licences from Danish FSA. We matched 1 on the regulator's own register (Danish FSA). We found no regulator warning naming the firm itself. 6 warnings list look-alike sites copying its name. We don't say whether a broker is safe for you. Check the licence number on the regulator's register before you deposit.

Is Saxo regulated?

Saxo states licences from Danish FSA. Which entity you sign up with depends on your country, and protections differ by regulator.

Are there fake Saxo websites?

Yes. Regulators have listed 6 look-alike sites copying the name. Always type the address yourself: https://www.home.saxo/

Which Saxo company holds the Danish FSA licence (Denmark)?

Saxo Bank A/S, licence number 1149. We matched it on the regulator's own register. Check it yourself on the register: https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_upreg

Which look-alike websites have regulators flagged for Saxo?

SaxoFXCompany (FCA), Saxo 24 FX (FCA), Cryptosaxooption (FCA), Saxo AI Innovation Bond (Clone of FCA authorised firm) (FCA), Saxo Bank/ Saxo Capital/ Saxo Advisory (Clone of an EEA Authorised firm and an FCA authorised firm) (FCA), and 1 more. These copy the name and are not Saxo. Its own site is https://www.home.saxo/.

Facts from public sources, not advice. Info may be out of date or wrong. Always check with the regulator before you trade.