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    Saxo:Founded in 1992, the company launched its first online trading platform in 1998, providing traders with professional-grade tools and access to multi-asset markets. Saxo Group serves clients in over 120 countries, manages $16 billion in assets, and processes over 125,000 trades per day to date. Saxo Group is licensed by several regulators globally, notably the Financial Conduct Authority (FCA) full license in the UK, the Financial Services Agency (FSA) retail Forex license in Japan, the Prudential Regulation Authority (PRA) retail Forex license in France, the Swiss Financial Services Authority (FSA) financial services license in Switzerland, and the Singapore Monetary Authority (SFA) retail forex license in Singapore.

    Abstract:Founded in 1992, the company launched its first online trading platform in 1998, providing traders with professional-grade tools and access to multi-asset markets. Saxo Group serves clients in over 120 countries, manages $16 billion in assets, and processes over 125,000 trades per day to date. Saxo Group is licensed by several regulators globally, notably the Financial Conduct Authority (FCA) full license in the UK, the Financial Services Agency (FSA) retail Forex license in Japan, the Prudential Regulation Authority (PRA) retail Forex license in France, the Swiss Financial Services Authority (FSA) financial services license in Switzerland, and the Singapore Monetary Authority (SFA) retail forex license in Singapore.

      Basic Information & Regulators of Saxo Group

      Founded in 1992, the company launched its first online trading platform in 1998, providing traders with professional-grade tools and access to multi-asset markets. Saxo Group serves clients in over 120 countries, manages $16 billion in assets, and processes over 125,000 trades per day to date. Saxo Group is licensed by several regulators globally, notably the Financial Conduct Authority (FCA) full license in the UK, the Financial Services Agency (FSA) retail Forex license in Japan, the Prudential Regulation Authority (PRA) retail Forex license in France, the Swiss Financial Services Authority (FSA) financial services license in Switzerland, and the Singapore Monetary Authority (SFA) retail forex license in Singapore.

      Safety Analysis of Saxo Group

      The group is regulated by two Tier-one global level regulators. Saxo Bank is a member of the Danish Guarantee Fund. According to the fund, in the event of suspension of payments or insolvency of any bank in Denmark, including Saxo Group, the fund will cover the clients' possible loss of cash up to a maximum of 100,000 EUR.

      Market Instruments of Saxo Group

      The company offers a wide range and a number of financial products, mainly divided into leveraged instruments and investment products. Leveraged products include CFD products, Futures, Commodities, and listed options, while investment products include stocks, bonds, ETFs, mutual funds, and managed portfolios.

      Leverage & Account of Saxo Group

      The firm has three main account levels, namely Personal, Institutional and Professional. Individual accounts are divided into Classic, Platinum, and VIP accounts. Classic accounts have a minimum deposit of $2,000 and enjoy industry-leading entry rates. The minimum deposit for a Platinum account is $200,000, which allows investors to get smaller spreads and lower commissions, while the minimum deposit for a VIP account is now $1000,000, which allows investors to enjoy the best prices and services offered by the company exclusively for VIP clients. The company's accounts are divided into Platinum and VIP accounts, the minimum deposit for Platinum accounts is $200,000 today, and the minimum deposit for VIP account is $1000,000. Investors will be reclassified as Professional clients if they meet any two of the three conditions: having a financial portfolio of more than 500,00 EUR; having made at least 10 relevant transactions of significant size in the last four quarters; working in the financial sector, or having worked for at least one year. Professional clients are entitled to leverage of 1:40 for the primary index, 1:33 for the secondary index, 1:33 for gold, 1:10 for equities, and 1:25 for commodities, while retail clients are entitled to leverage of 1:20 for the primary index, 1:10 for the secondary index, 1:20 for gold, 1:5 for equities and 1:10 for commodities.

      Spreads & Commission Fees

      Spreads on CFD products are as low as 0.4. Go long or short more than 9,000 products, and enjoy low spreads and credits. Commissions start at $3 per share for equities, as low as $0.85 per lot for commodities, and $3 per share for ETFs. Futures commissions start as low as $0.85 per lot, bonds commissions start at 0.05%, listed options commissions start as low as $1.25 per lot, and mutual funds commissions are $0 for custody and platform fees.

      Trading Platform Applied of Saxo Group

      Saxo uses the best-in-class trading platform SaxoTraderGO, a powerful trading tool with enhanced trading instruments, innovative risk management features including account shields (which act as stop-loss levels for the entire account value and close out the entire position in case of a penalty), stop-loss orders, cancel all orders, margin usage details, margin alerts, and fast position closing features. In addition, Saxo Group also offers SaxoLite (mobile trading platform for Hong Kong and US stocks) for investors.

      Deposit & Withdrawal

      Saxo Group supports the following deposit and withdrawal methods: Visa, MasterCard, Visa Debit, Visa Electron, MasterCard Debit, Maestro (for UK residents), Visa Dankort (for Denmark residents), Carte Bleue (for France residents). The company does not charge any fees for withdrawals, but if an investor makes a withdrawal request via manual withdrawal, a processing fee of 40 EUR will be charged.


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