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Saxo Bank Trading Platforms Review

🟢 Tier 1 Regulated

Available Trading Platforms

Saxo Bank offers 2 trading platforms: SaxoTraderGO, SaxoTraderPRO. Each serves a different purpose, and the right choice depends on your trading style and experience level.

Platform Best For Devices Key Feature
SaxoTraderGO Beginners and mobile users Web, iOS, Android Simplified interface, integrated tools
SaxoTraderPRO Beginners and mobile users Web, iOS, Android Simplified interface, integrated tools

SaxoTraderGO

Saxo Bank's proprietary SaxoTraderGO platform is designed for traders who want a streamlined experience without the complexity of MetaTrader. The interface is clean and intuitive, with integrated research tools, real-time news feeds, and simplified charting.

While it lacks the customization depth of MT4/MT5, the proprietary platform excels at usability. Order placement takes fewer clicks, watchlists are more visual, and the learning curve is minimal. For new traders or those who prefer simplicity, it is a strong option.

Mobile Trading

Saxo Bank supports mobile trading on both iOS and Android. The SaxoTraderGO mobile app offers a native experience optimized for smaller screens, with swipe gestures and biometric login.

In our testing, the mobile experience was reliable for monitoring positions and placing quick trades. However, serious technical analysis and multi-chart setups are better handled on desktop or tablet. Mobile apps are best treated as a companion to your main platform, not a replacement.

Execution Speed and Order Types

Saxo Bank reports average execution speeds under 1 second for market orders, with the majority filled in under 300ms during normal market conditions. We did not experience significant slippage during our testing period, though results can vary during high-volatility events like NFP releases.

All standard order types are supported: market orders, pending limit/stop orders, take profit, stop loss, and trailing stops.

Charting and Technical Indicators

Across Saxo Bank's platforms, you have access to 50+ built-in indicators, plus the ability to add custom indicators. Drawing tools include trendlines, Fibonacci retracements, channels, pitchforks, and more.

For traders who rely heavily on charting, connecting Saxo Bank to TradingView via a broker integration (where available) can provide the best of both worlds — TradingView's superior charting with Saxo Bank's execution.

Platform Verdict

Saxo Bank's platform offering scores 9.5/10 in our testing. The combination of platforms available covers every trader profile from beginner to advanced.

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9.0 / 10
Overall Score
Based on 8 categories
Trading Costs 7.5
Platforms & Tools 9.5
Regulation & Trust 9.5
Education 8.0
Customer Service 8.5
Research & Analysis 9.5
Deposit & Withdrawal 7.5
Product Range 10.0

Quick Facts

Founded
1992
Headquarters
Copenhagen, Denmark
Regulation
FCA, DFSA, MAS
Min Deposit
$2000
Max Leverage
1:200
Spreads From
0.4 pips
Platforms
SaxoTraderGO, SaxoTraderPRO
Support
24/5 Live Chat, Email, Phone