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var

Clients

var

Assets

5000 USD

Min Deposit

var

Avg Spread

Saxo Bank

4.0/10

Since 1995

Denmark

Trust: 9.2/10

Visit

Contact Info

nps@saxomarkets.com.au

phone

+45 39774000

Environment

High Risk

WeConnectFX Trade Rating Guide

At WeConnectFX, we are committed to transparency. Below is an overview of our proprietary trade rating system, which assesses brokers based on platform reliability, user trust, financial transparency, and operational history to ensure your peace of mind.

Rating	Label	Meaning
AAA	Elite	Exceptional transparency and trust with long-term consistency.
AA	Excellent	Highly reliable with minor improvement areas.
A	Strong	Performs well overall but may lack deep market credibility.
B	Average	Meets basic expectations, moderate user concerns.
C	Weak	Lacks consistent performance or transparency.
D	High Risk	Significant red flags or repeated user complaints.

Our WeConnectFX rating model uses broker performance signals, licensing history, global presence, and client feedback. It's designed to assist our users in evaluating the safety and service quality of trading platforms effectively.

Social Media

https://www.linkedin.com/company/saxo-bank

https://twitter.com/saxobank

https://www.facebook.com/saxobank

Saxo Bank

Licenses

7 licenses

WeConnectFX

NO:100251

Monetary Authority of Singapore

Forex Broker

Regulatory Status

Authorised

Regulatory Jurisdiction

Singapore

Licensed Entity

Brands

Phone

License No

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

WeConnectFX

NO:100252

Central Bank of the United Arab Emirates

Forex Broker

Regulatory Status

Authorised

Regulatory Jurisdiction

United Arab Emirates

Licensed Entity

Brands

Phone

License No

04.02.095.078.20955.02

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

WeConnectFX

NO:100253

Financial Services Authority

Forex Broker

Regulatory Status

Authorised

Regulatory Jurisdiction

Denmark

Licensed Entity

Brands

Phone

License No

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

WeConnectFX

NO:100254

Financial Conduct Authority

Forex Broker

Regulatory Status

Authorised

Regulatory Jurisdiction

United Kingdom

Licensed Entity

Brands

Phone

License No

5595422

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

WeConnectFX

NO:100255

Swiss Financial Market Supervisory Authority

Forex Broker

Regulatory Status

Authorised

Regulatory Jurisdiction

Switzerland

Licensed Entity

Brands

Phone

License No

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

WeConnectFX

NO:100256

Dubai Financial Services Authority

Forex Broker

Regulatory Status

No longer Authorised

Regulatory Jurisdiction

United Arab Emirates

Licensed Entity

Brands

Phone

License No

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

WeConnectFX

NO:100257

Securities and Futures Commission

Forex Broker

Regulatory Status

Authorised

Regulatory Jurisdiction

Hong Kong

Licensed Entity

Brands

Phone

License No

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

Country Availability

10 locations

Country

Rating

Authorization

Status

Germany

4.0/10

Authorized

active

France

4.0/10

Authorized

active

Denmark

4.0/10

Authorized

active

Japan

4.0/10

Authorized

active

Italy

4.0/10

Authorized

active

Netherlands

4.0/10

Authorized

active

Switzerland

4.0/10

Authorized

active

United States

4.0/10

Authorized

active

Poland

4.0/10

Authorized

active

India

4.0/10

Authorized

active

Payment Methods

About Saxo Bank

Company Overview & Analysis

No detailed analysis available for this broker.

Headquarters

Denmark

Registration 0

Business Model Forex & CFD Broker

Risk Assessment

Status

Risk Overrun No

High Risk No

Client Feedback

Total Reviews 11

Performance

Influence Score N/A

Contribution N/A

Account Types

Choose the best fit for your trading style

High Leverage

Overall Rating

4.0

Average

Accounts Variant

Account Specification

Min Deposit

Leverage

Min Position

Stop Out

EA Support

Hedging

Scalping

Protection

Islamic

Trading Conditions

Commission

Platforms

Instruments

Reviews

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Anonymous User

2 years ago

when Money matters open a real bank account.When you open a real bank account you will be the one that is interested to open the account. You will not be getting hundreds of calls from the supposed bank. The real bank account works like this:You either visit the bank or open the account by mail though it is not just sending scannned copies of contract or IDs.You will have to :Send hard copy of pasport notarized by public notary. Sometimes a letter from other bank, it is a letter of recommendation.Hard copy of contracts sign and dated.And Bank has to be authorized to be securities dealer and authorized to be a BANK .