Saxo Bank app

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

In this article we'll check whether Saxo Bank's mobile app ticks all the boxes.

Overall, we rate the user-friendliness of the app as better than average.

Saxo Bank mobile app vs. similar brokers
Saxo Bank Swissquote TradeStation Global
Mobile app rating (5 is the best) 5.0 stars 4.7 stars 3.8 stars
User-friendliness Great Great Mid-range
2-step authentication Yes Yes Yes
Biometric authentication Yes Yes Yes

We're going to take a closer look at search functions, price alerts and order types, so all the little details that determine whether a trading app is user-friendly or downright cumbersome. If you want to read our full review, including fees, deposit options and other platforms (like web and desktop) then skip to the Saxo Bank review.

Saxo Bank app - Saxo Bank app

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Saxo Bank app
Our main checklist for the Saxo Bank app

Let's start with the search functions. Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

Saxo Bank got the green light, meaning its search functions are reasonably good.

Saxo Bank checklist
Saxo Bank Swissquote TradeStation Global
Search functions Great Mid-range Great
2-step authentication Yes Yes Yes
Biometric authentication Yes Yes Yes
Price alerts in the app Yes Yes Yes
Confirmation after successful trade Yes Yes Yes
Saxo Bank app - Saxo Bank app search functions

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Saxo Bank app
Checklist for nice-to-have features

For some people it might be a deal-breaker if you can't set up a trailing stop limit - we totally get that. Others couldn't care less and also don't get excited if the app is available in 25 languages. Anyway, here is our checklist of minor, nice-to-have features:

Saxo Bank has these order types available in its app: Market, Limit, Stop limit, Stop, Trailing stop, OCO.

At Saxo Bank you can use the following order terms & expiry in the app: Good till cancel (GTC), Day Order, One week, One month, End of week, End of month, End of Year, Good till date (GTD).

The Saxo Bank mobile app currently supports the following languages: Arabic, Bulgarian, Czech, Chinese, Danish, German, Estonian, English, Spanish, French, Greek, Croatian, Finnish, Italian, Japanese, Latvian, Lithuanian, Hungarian, Dutch, Norwegian, Polish, Portuguese, Portuguese-Brazil, Romanian, Russian, Slovakian, Slovenian, Swedish, Turkish.

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Saxo Bank app
The BC Award-winning brokers

Still unsure about your broker selection? Click here to see which free stock trading apps are the best.

Or you could take a peek at the best trading platform awards we gave to brokers serving European clients.

If you're not in the US or the EU you'll find this award the most interesting.

Let us know what you think in the comments section.

If you would like a tailored recommendation you can use our broker finder tool, or you can learn more about investing your money.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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