Saxo Bank Bonus
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Use Your Trading Account to Earn 4.06% Interest | active |
he majority of Saxo Bank clients belong to top-tier financial institutions, such as other banks, fintech, hedge funds, and so on. Obviously, they won't work with Saxo if it is not credible. It is also a legal institution with a solid banking background. Additional good news for EU and MENA residents, Saxo Bank provides negative balance protection as well.
Continue Reading at Saxo Bank and Interactive Brokers: Which One is the Best?
What are the cons of trading with Saxo Bank?
First, trading fees on certain asset classes are more expensive than others. Specifically for bonds, options, and futures. Second, Saxo Bank requires a minimum deposit starting from USD10,000 for Classic Account, USD200,000 for Platinum Account, and USD1 million for VIP. Lastly, Saxo Bank does not provide 24/7 live chat and so, you could not always receive an instant response to queries and help requests.
Continue Reading at Saxo Bank and Interactive Brokers: Which One is the Best?
