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Saxo Bank

Good

Danish licensed bank offering STP forex execution alongside multi-asset investment services. Premium positioning with higher minimums but institutional-grade infrastructure.

Execution Quality Benchmarks

Fill Ratio
97%
Avg Latency
47ms
Avg Slippage
0.3 pip
Reject Rate
1%

Fill Ratio vs Industry Average

Saxo Bank97%
Industry Average97.0%

Strengths

  • Licensed bank
  • Institutional infrastructure
  • Multi-regulator

Limitations

  • No MT5 (proprietary platform)
  • High minimum deposit
  • Complex fee structure

Broker Specifications

HeadquartersCopenhagen, Denmark
Established1992
Execution ModelSTP
RegulationDFSA, FCA, MAS, ASIC
Min Deposit$2,000
CommissionVariable
Spread From0.4 pips
Max Leverage1:200
MT5 SupportNo
Min Lot0.01

Data disclaimer: Execution metrics are based on our standardized testing methodology using 0.01 lot market orders on major pairs during London/NY overlap. Real-world execution may vary based on account type, lot size, session, and market conditions. This profile is not a recommendation. No affiliate relationships exist with any broker listed.

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