FindMyFX
← Broker directory

Broker profile

SA

Saxo Bank Review: Is It Legit and Regulated?

Saxo Bank A/S

DK Since 1992
AKA Saxo

FindMyFX score

critical risk

3.8/10

0 Score out of 10 10
Independent assessment Updated 2026-07-19

Contact & regulation

Official website
home.saxo
Address
Philip Heymans Alle 15, 2900 Hellerup, Denmark
Contact
Philip Heymans Alle 15, 2900 Hellerup, Denmark
Primary license
DFSA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Saxo Bank legit and regulated?

FindMyFX has license records for Saxo Bank, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Saxo Bank A/S is a Danish bank and investment-services provider offering multi-asset trading platforms.

Professional broker overview

FindMyFX editorial summary

Saxo Bank A/S is a Danish licensed bank with CVR number 15731249 and Danish Financial Supervisory Authority licence number 1149. The group presents SaxoInvestor and SaxoTrader across web, mobile, and desktop channels, with account terms determined by the client's country and agreement. In January 2026, the Danish regulator reported that Saxo Bank accepted an administrative fine of DKK 313 million concerning anti-money-laundering customer due diligence and ongoing monitoring failures.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: This draft uses official Saxo and Danish Financial Supervisory Authority sources accessed on 2026-07-18. Deposit-protection eligibility, products, and trading conditions depend on the contracting entity and client circumstances; no verified user-review dataset was imported.

Operational status
active
Broker type
unknown
Execution model
Not verified
Support hours
Not verified

Documented advantages

  • The Danish legal entity, CVR number, and bank licence number are published on official pages.
  • Official platform pages cover web, mobile, and desktop access.

Documented limitations

  • Products and account terms vary by country and contracting entity.
  • The Danish regulator documented a material anti-money-laundering enforcement action in January 2026.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Saxo Bank A/S

Primary
DK 15731249

Licenses and regulators

DFSA

1149

unverified

Last verified: Not shown

Type: Bank licence
Client class: Not shown
Compensation: Danish Guarantee Fund, subject to eligibility and applicable rules
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

Risk flags

Danish AML administrative fine

high · draft

The Danish Financial Supervisory Authority reported that Saxo Bank A/S accepted a DKK 313 million administrative fine concerning deficiencies in customer due diligence and ongoing monitoring under anti-money-laundering rules.

Score components

Regulation and licenses

5.0/10 · 35%

Official Saxo pages publish the Danish bank licence and CVR number, and the Danish regulator confirms supervision through its enforcement publication, but a direct licence-register entry was not captured.

Security and track record

2.5/10 · 20%

Current regulated status is documented, but a material AML enforcement action was reported in January 2026.

Trading conditions

5.0/10 · 15%

Official platform and account pages are available, but conditions vary by country and a single jurisdiction-neutral fee schedule was not imported.

Company transparency

7.5/10 · 10%

The legal name, CVR number, licence number, founding year, and head-office address are disclosed on official pages.

Service quality

0.0/10 · 10%

No independently verified service-quality evidence was included in the inspected official sources.

Verified user reviews

0.0/10 · 10%

No inspectable verified user-review dataset was available from the sources used.

Profile update history

Broker profile was published.

2026-07-18

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.