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PipDigestThe five-minute forex issue
Issue #248Subscribe free
House file

Saxo Bank

On the desk for one reason: multi-entity structure. 5 register lines are on this file, spread across 5 legal entities in 5 jurisdictions, 5 of them with a top-tier regulator.


On the wire

2 items · 0 notices

Every figure below was read off a regulator register or the firm's own filing.

Register entries as filed
  • 01
    register entry

    Danish FSA (Finanstilsynet) entry 1149 for Saxo Bank A/S

    Source: home.saxo

  • 02
    register entry

    FCA entry 551422 for Saxo Capital Markets UK Ltd

    Source: register.fca.org.uk

Entity by entity

5 lines
Register lines on file for Saxo Bank. A blank number is a number the desk could not read on a source; it is not a zero.
RegulatorJurisdictionEntity as registeredNumberTierSource
Danish FSA (Finanstilsynet)DenmarkSaxo Bank A/S1149T1home.saxo
FCAUKSaxo Capital Markets UK Ltd551422T1register.fca.org.uk
FINMASwitzerlandSaxo Bank (Schweiz) AGnot verifiedT1home.saxo
MASSingaporeSaxo Capital Markets Pte Ltdnot verifiedT1home.saxo
FSA JapanJapanSaxo Bank Securities Ltd.not verifiedT1home.saxo

Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.

Commercial detail on the record

Minimum to open$0
EUR/USD spread as published0.9 pips
Leverage as advertised1:30 (UK/EU retail)
PlatformsSaxoTraderGO · SaxoTraderPRO · SaxoInvestor · Mobile apps
Account booksClassic · Platinum · VIP

What the record says

Filed: saxo Bank A/S was founded in Denmark in 1992 and received its banking licence in 2001.

On the wire: saxo Bank A/S holds Danish FSA licence no. 1149 (company registration no. 15731249).

Not verified

5 fields

The desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.

Other open files

The whole desk

This file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.