Can you trade forex at Saxo as of December 2024?
Interested in trading foreign currencies? Unsure if a broker offers Forex trading, fair fees, and a good trading platform? Don't worry, I'll answer these important questions to guide you through FX trading at Saxo confidently.
Good news is that forex trading is available at Saxo. I've scrutinized the trading conditions, particularly fees and safety, to offer you insights into what to expect.
Together with my brokerage analyst colleagues, I thoroughly tested the services of Saxo by opening a real-money account and executing actual trades on its platforms. Here’s what you need to know if you want to trade forex with Saxo as of December 2024:
- Saxo forex fees are at the standard market level.
- I consider Saxo a trusted broker as it is overseen by at least one very strict regulator.
- Saxo is primarily a stock/ETF broker.
- Explore the services of Saxo in our Saxo review for 2025.
Saxo forex fees, withdrawal fees and details
Whether you're a seasoned trader or just starting out, having a clear understanding of these fees and details can help you make informed decisions about your trading strategy and broker selection. From spreads to overnight fees, this table aims to give you a complete overview to guide your trading journey.
💰 Saxo EURUSD spread | 0.9 |
💰 Saxo withdrawal fee charged | $0 |
💰 Saxo inactivity fee charged | No |
💰 Saxo minimum deposit | $0 |
📃Saxo ECN account available | Yes |
📃Saxo swap-free/Islamic account available | No |
💳 Deposit methods | Bank transfer, Credit/debit cards |
🗺️ Country of regulation | Denmark, UK, France, Italy, Switzerland, Singapore, Japan, Hong Kong, Australia |
🎮 Saxo demo account provided | Yes |
📋 Read more | Check out the Saxo review for 2025 |
Brokers
Currency
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Looking for the best FX brokers?
If you are looking for the brokers that offer the best FX trading conditions, check our top list of the best FX brokers in the world.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Forex trading explained
- Does Saxo provide a demo account?
- Is Saxo supervised by a regulator?
- Is Saxo safe and legit?
- Saxo futures conditions explained
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.