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Written by: Adam N. Updated: Jan 2023
Expert verified

Is Saxo Bank regulated?

Yes, Saxo Bank is regulated by the following financial authorities (country of clients - regulatory body):

  • EU and some international clients - Danish Financial Services Agency (FSA)
  • UK - Financial Conduct Authority (FCA)
  • France - French Prudential Supervisory Authority (ACPR)
  • Italy - Commissione Nazionale per le Società e la Borsa and Bank of Italy
  • Switzerland - Swiss Financial Market Supervisory Authority (FINMA)
  • Singapore - Monetary Authority of Singapore (MAS)
  • Japan - Japanese Financial Services Authority (FSA)
  • Hong Kong - Hong Kong Securities and Futures Commission (SFC)
  • Australia - Australian Securities and Investments Commission (ASIC)

Saxo Bank regulation
Saxo Bank investor protection

Check below how the investor protection works at Saxo Bank:

Saxo Bank investor protection
Investor protection amount: €100,000 for cash and €20,000 for securities for most European clients; £85,000 for UK clients; CHF 100,000 for Swiss clients; HKD 500,000 for securities at Hong Kong entity; no protection for clients from Singapore, Japan and Australia

Saxo Bank regulation
Saxo Bank background

There are other important factors we recommend checking about Saxo Bank background.

🌎 Country of origin Denmark
📅 Foundation date 1,992
🏛 Banking background Yes
📈 Listed on exchange No
🗺️ Broker ownership is transparent Yes
👔 Broker management is transparent Yes
📋 Read more Check out the Saxo Bank review for 2023

Saxo Bank regulation
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Author of this article

Adam Nasli

Author of this article

Adam is a motivated finance expert. He joined BrokerChooser in 2018 and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Adam Nasli

Analyst Head

Adam is a motivated finance expert. He joined BrokerChooser in 2018 and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

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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