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Saxo Bank A/S


Company Name:
Saxo Bank A/S
Website Address: http://www.saxobank.com
Year of compagny's foundation: 1992
Year of compagny's forex division foundation: 1992
Regulated by: DFSA(DK)
Client base: Saxo Bank serves a large global client base of private and institutional traders as direct clients or through Introducing Brokers. Saxo Bank also offers technology (white labelling) partnerships to institutions with an established client base.
Leverage: 100:1
Commissions: None
Pip spread on majors: 2/3 pip
Regular Account: Yes
Minimun account size for Regular Account: $10,000
Mini Account: Yes
Minimun account size for Mini Account: $2,000
Services: Saxo Bank offers fully personal service in 21 languages through our international staff. We also offer direct access to dealers and market makers through our online trading platform SaxoTrader.
Languages: English, Afrikaans, Arabic, Chinese, Danish, Deutsch, French, German, Greek, Hebrew, Hindi, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Urdu
24 Hour trading: Yes
Free demo account: Yes
Live support chat: Yes
Headquarters: Smakkedalen 2, 2820 Gentofte.
Country: Denmark
Phone: +45-39-77-40-00
Fax: +45-39-77-42-00
E-mail: info@saxobank.com

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Risk Warning

Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. More over, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. To manage exposure, employ risk-reducing strategies such as 'stop-loss' or 'limit' orders. Placing Contingent Orders (stop loss, limit, etc) may not limit your losses to the intended amounts”

 

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