Saxo Review for Forex Trading

Written by Steven Hatzakis
Director of Online Broker Research

Edited by Jeff Anberg
Senior Editor

Fact-checked by Blain Reinkensmeyer
Managing Partner

September 10, 2026

  Fact Checked

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Steven Hatzakis
Director of Online Broker Research

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.

See full bio

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Saxo lets me both trade EUR/USD and buy bonds outright, not just the CFDs on them. Most forex brokers only do the first. I've spent considerable time across its web, desktop, and mobile platforms and its TradingView integration, placing live trades, comparing pricing across all three account tiers, working through the screeners and research module, and benchmarking its costs against the brokers ranked nearest it.

The fit is active traders who want forex trading backed by real depth. Saxo's research is the rare kind I actually read, its desktop platform is the best in the field, and its currency pairs sit alongside bonds, funds, and listed options in a single account. The friction is with smaller accounts since every forex ticket below the 50,000-euro equivalent carries a flat $3, which on a small trade costs more than the spread.

Trade frequently and in size and Saxo is one of the strongest offerings available; trade small tickets and a fixed charge per ticket will overshadow the spread you paid.

verified#1 Research

• Minimum Deposit: $0
• Trust Score: 99
• Tradeable Symbols (Total): 71000

Ratings Awards Historical Ranking

5.0

OVERALL SCORE info

Range of Investments
Trading Fees
Trading Platforms
Research
Mobile Trading
Education

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Why you can trust us

Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables. We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs.

We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system.

Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com. Learn more about how we test.

Table of Contents

Saxo pros and cons

Trust Score

Developed by ForexBrokers.com and in use for nearly 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licenses. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). Learn more.

Is Saxo safe?

Trust Score

99

Saxo is considered Highly Trusted, with an overall Trust Score of 99 out of 99. Saxo is not publicly traded, but it operates as a licensed bank and is authorised by seven Tier-1 regulators (Highly Trusted) and one Tier-2 regulator (Trusted), with zero Tier-3 regulators (Average Risk) and zero Tier-4 regulators (High Risk). Saxo is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Securities Futures Commission (SFC), Japanese Financial Services Authority (JFSA), Monetary Authority of Singapore (MAS), Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA), and regulated in the European Union via the MiFID passporting system.

Two things are worth noting that make Saxo stand out compared to a typical retail forex broker from a trust perspective. Saxo Bank Group is designated a Systemically Important Financial Institution by the Danish FSA, and it carries an investment-grade A- rating from S&P Global Ratings.

Feature	Saxo
Year Founded	1992
Publicly Traded (Listed)	No
Bank	Yes
Tier-1 Licenses	7
Tier-2 Licenses	1
Tier-3 Licenses	0
Tier-4 Licenses	0

Range of investments

Saxo's product library is the deepest multi-asset lineup I have tested at a forex broker. I counted 192 currency pairs, second only to CMC Markets, though that total includes metal crosses such as gold against various currencies. Behind them sits a catalogue of more than 71,000 instruments, roughly 10,000 of which are CFDs spanning global and U.S. shares, indices, and commodities. Most forex brokers give you a deep FX book or a deep securities book. Saxo has both.

Cash securities and funds: Through SaxoInvestor, I could hold the underlying asset across 25 global exchanges, covering listed securities, ETFs, mutual funds, bonds, listed options, and futures. Bonds and mutual funds are products most forex brokers never touch.

Exchange-traded securities: In addition to trading CFD shares, Saxo also offers ISA/SIPP accounts for share dealing. To learn more, see our U.K. StockBrokers.com review of Saxo.

Options and futures: Options span more than 200 assets over-the-counter, meaning off-exchange, alongside 3,100 listed contracts. I like being able to switch a supported asset to an options instrument from inside the trade ticket, and I used the options screener to surface ideas without leaving the platform. On the futures side, Saxo lists over 250 contracts across more than 25 venues, including micro and e-mini products on rates, metals, energies, forex, and indices.

Cryptocurrency: This is the one weak spot. Saxo offers just six crypto pairs as CFDs (BTC/USD, ETH/USD, BTC/EUR, ETH/EUR, BTC/JPY, and ETH/JPY), a selection that pales next to most of the field. Buying the underlying coin is not possible, and there is no 24/7 crypto market, though exchange-traded futures and ETFs offer an alternative. U.K. retail clients cannot trade crypto CFDs from any broker's U.K. entity, Professional clients aside.

Margin: Leverage varies by regulatory region and by whether your account carries Professional status, and Saxo layers a tiered margin system on top, where the requirement climbs as position size grows. You can watch it happen live in the trade ticket: push trade size up and both the quoted spread and the required margin can move with it. The logic cuts two ways. Clients keep a capital cushion on high-value trades, and the firm stays well capitalized in the event of a systemic market anomaly.

Available investment products

During our audit we verified access to 192 forex pairs and 71,000 tradeable symbols in total. Coverage spans spot forex alongside forex options and futures, share CFDs on U.S. and global equities, index CFDs tracking the S&P 500, NASDAQ 100, Dow Jones, DAX, FTSE, and Nikkei, thematic index CFDs, and commodities including gold, silver, oil, and agricultural products, plus cash equities from 25 global exchanges, ETFs, bonds, and mutual funds. Spread betting and prediction markets are not offered.

Feature	Saxo
Tradeable Symbols (Total)	71000
Forex Pairs (Total)	192
Forex trading (Spot)	Yes
Forex trading (CFDs)	Yes
Forex trading (Options)	Yes
Forex trading (Futures)	Yes
Forex trading (Crypto)	Yes
Commodities: Agriculturals	Yes
Commodities: Oil	Yes
Commodities: Gold	Yes
Commodities: Silver	Yes
U.S. Stocks (Shares)	Yes
U.S. Stocks (CFDs)	Yes
U.S. Stocks (Crypto)	No
Global Stocks (Non-U.S. Shares)	Yes
Global Stocks (Non-U.S. CFDs)	Yes
24/5 Trading (U.S. Stocks - Shares)	No
24/5 Trading (U.S. Stocks - CFDs)	No
24/7 Trading (Crypto)	No
Prediction markets	No
Copy Trading	No
Bitcoin (BTC)	Yes
Ethereum (ETH)	Yes
Cryptocurrencies (Total)	6
Cryptocurrency (Underlying)	No
Cryptocurrency (CFDs)	Yes
Cryptocurrency (Futures)	Yes
Disclaimers	Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

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Available funding options

Our tests confirm support for bank wire transfers alongside debit and credit card deposits and withdrawals, with no fee charged on international wires and no minimum deposit on the entry-level account. Funding options stop there: non-wire bank transfers are not supported, nor are PayPal, Skrill, Neteller, Apple Pay, Google Pay, or crypto wallet transfers.

Feature	Saxo
Debit card (Deposit/withdraw)	Yes
Credit card (Deposit/withdraw)	Yes
Bank Wire (Deposit/Withdraw)	Yes
Non-wire bank transfer (Deposit/Withdraw)	No
Apple Pay (Deposit/Withdraw)	No
Google Pay (Deposit/Withdraw)	No
Crypto (Deposit/withdraw)	No
Cryptocurrency (Wallet transfers)	No
PayPal (Deposit/Withdraw)	No
Skrill (Deposit/Withdraw)	No
Neteller (Deposit/Withdraw)	No

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Saxo fees

Saxo's pricing rewards size, and for traders who move large quantities, the all-in cost is competitive. Trade in large sizes and the spread narrows meaningfully. Trade small and this becomes one of the more expensive places to do business.

Three tiers cover most clients: Classic, Platinum, and VIP. Classic is where most traders land, and its minimum deposit was recently reduced to $0 for new customers in all regions, against $200,000 for Platinum and $1,000,000 for VIP. All three are spread-only, so there is no raw-spread-plus-commission alternative. The minimum spreads for each account are 1.0 pip on Classic, 0.9 on Platinum, and 0.8 on VIP. The average spread will be slightly higher than these minimums. The upper tiers pull close to the industry average; Classic sits slightly above it.

The ticket fee: This is the biggest cost factor for smaller accounts. A $3 ticket fee applies to any forex trade below the equivalent of 50,000 euros. Running the math on a 10,000-unit EUR/USD trade with 1-pip spread means you will pay roughly $1 in spread, then $3 on top, putting the effective all-in cost near a 4-pip equivalent (7 pips per round-turn). Micro lots are not offered either. Low-budget traders should look elsewhere.

Saxo Rewards: Your points balance sets your tier, and points come from two places. Funding is the fast route. Deposits in your first 30 days earn 0.5 to 0.6 points for every dollar or euro, which puts a deposit at a tier's stated minimum at or near the points that tier requires, and your balance earns 0.025 points per unit every month after that. Trading is the slow route, and forex is the slowest part of it. Switzerland's rate card pays 20 points per EUR 10,000 of spot forex against 250 for stocks and 320 for bonds, so reaching Platinum on currency trades alone would take roughly EUR 60 million. Some regions list no spot forex rate at all. Points are counted over a rolling four-month window, and a tier lasts 12 months, with another 12 months of grace before any downgrade. VIP adds priority service and event invitations while an invitation-only Elite tier sits above it.

Non-trading costs: There is no inactivity fee and international wires are free. Custody fees can apply on stocks and other exchange-traded products, from 0.15% per annum on Classic to 0.09% on VIP, waived if you opt into securities lending. A 0.25% currency conversion fee applies outside your base currency. The firm is a signatory to the FX Global Code.

Trading fees

In our live pricing analysis we observed a minimum EUR/USD spread of 1.0 pip on the entry-level Classic account, with no commission charged on forex and no inactivity fee. We also confirmed a $3 ticket fee on forex trades below the equivalent of 50,000 euros, which is the cost line small-size traders need to model first.

Feature	Saxo
Average spread (EUR/USD) - Spread-only account	1.0
Average spread (EUR/USD) - Raw spread account	N/A
Commission per trade (EUR/USD) - Raw spread account	N/A
All-in Cost EUR/USD - Raw spread account	N/A
Inactivity Fee	No
International Wire Fee	0
Minimum Deposit	$0

Account types

We verified three retail tiers during our evaluation: Classic at a $0 minimum, Platinum at $200,000, and VIP at $1,000,000, each stepping down the spread as you climb. Professional and VIP status are both available, as is Saxo Rewards, an active trader program crediting points for funding, holdings, and trading volume at regionally set rates. Spreads are variable rather than fixed, and no swap-free Islamic account is offered.

Feature	Saxo
Variable Spreads	Yes
Fixed Spreads	No
Active Trader Program	Yes
VIP/Premium Account	Yes
Professional Account	Yes
Islamic Account	No

Mobile trading apps

The SaxoTrader mobile app has long been a favorite of mine, and the reason is organization. Five tabs run along the bottom (Trading, Research, Search, Account, and Menu), each opening into sub-tabs without the layout feeling crowded.

Tappability: Selecting EUR/USD from a watchlist opens the product overview, where a blue Trade button launches the ticket. I liked that adjusting a stop-loss means tapping a plus or minus sign rather than typing, and that the instrument icon top right switches the asset between futures and options.

Charting: The indicator count beats most brokers without reaching the best dedicated charting packages, with drawing tools mirroring the web platform. Sub-1-minute timeframes are missing, and dragging to modify a stop or target is not supported on mobile, which costs more taps than TradingView's drag-and-drop. What Saxo does better than almost anyone are trendlines and indicators that save automatically and sync across devices, so a chart I set up on desktop was waiting on the phone without loading a preset.

The SaxoTrader mobile application features an advanced technical charting interface, displayed here tracking the EUR/USD currency pair on a 5-minute timeframe. The candlestick chart incorporates overlaid volatility indicators, including Keltner Channels and Bollinger Bands, alongside custom trend lines.

Order management: I could trade EUR/USD as a spot CFD, an FX swap, or a forex option from one screen, and attach an expiration date to a stop-loss, take-profit, or pending order, which few brokers allow. Risk-reward reads as pip and percentage distance, never as a ratio the way IG shows it, and there is no guaranteed stop-loss, though options availability lets you buy a call or put premium as a synthetic hedge instead. Trailing stops and algo orders are both supported.

Discovery: Screeners match the web version, with multiple saved screens across asset classes. Implied volatility on options, Autochartist trading signals, and Top Gainers and Top Losers lists cover the volatility question, and watchlists carry over from the web rather than starting empty.

Special tools: The demo account gives full access, though switching to live means logging out and back in rather than a toggle. Performance analytics run deeper than most brokers offer but stop short of risk-reward ratios and the behavioral finance Forex.com covers via Chasing Returns. There are no AI tools, and no copy trading.

Available mobile platforms and tools

In our hands-on testing we found 64 built-in charting indicators alongside 20 drawing tools and 19 timeframes, with trendlines and indicators autosaving and syncing across devices. Watchlists sync as well, support multiple lists, and allow column customization and filtering. Price alerts set from the bell icon on any product overview, an economic calendar, a news feed, and market movers are all built in on both iOS and Android, though neither MetaTrader 4 nor MetaTrader 5 is offered.

Feature	Saxo
Proprietary Mobile Trading App	Yes
Android App	Yes
Apple iOS App	Yes
Mobile Price Alerts	Yes
Mobile Charting - Draw Trendlines	Yes
Mobile Charting - Trendlines Autosave	Yes
Mobile Charting - Indicators / Studies	64
Mobile Charting - Indicators Autosave	Yes
Mobile Watchlists - Column Filtering	Yes
Mobile Watchlists - Column Customization	Yes
Mobile Watchlists - Create & Manage	Yes
Mobile Watchlists - Syncing	Yes

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Trading platforms

Saxo's platform suite runs deeper than the single web app most forex brokers ship. SaxoTrader spans web, Windows and Mac desktop, and mobile under one brand, SaxoInvestor handles unleveraged investing, and TradingView is available alongside them. MetaTrader and cTrader are absent.

Layout: Three tabs organize the web app: Trading, Research, and Account. I can set the default start page and toggle dark mode, while conditional orders, position netting, and default order parameters are configurable per asset class.

Steven's take

"Saxo is an early pioneer of designing modern web interfaces that balance the challenge of keeping the user experience easy as the number of available tools and features grows, without overcomplicating it."

Steven Hatzakis
Director of Online Broker Research

Charting: 64 indicators and 20 drawing tools, from trendlines to Fibonacci extensions and linear regression, across 19 timeframes spanning one minute to one year. A default range per timeframe is configurable, which most platforms do not allow. Trendlines and indicators sync between web and mobile automatically, with no preset to save or load. However, there are no sub-minute or tick charts, and drag-to-modify takes four steps where TradingView takes one.

The SaxoTrader web platform provides a comprehensive multi-asset trading workspace that integrates quotes, technical analysis, and portfolio management. The left rail features a grid of quick-trade instrument tickets with live bid and ask rates, while the central workspace displays an interactive EUR/USD candlestick chart overlaid with technical studies and visual order markers.

Order ticket: I have long been a fan of this ticket. A single asset switches between CFD, FX swap, and options from inside it, and an expandable panel shows live spread, costs, and margin impact together. A stop-loss or take-profit can be set four ways in base currency, as a percentage, in pips, or at the underlying price. Click a stop or target and its distance appears in pips and percentage, but no ratio is drawn on the chart. There is no price ladder, and both spread and dynamic margin widen as trade size grows.

Discovery: Screeners carry parameters across asset classes. Watchlists fill in one click via Add All. The search bar handles 71,000 markets, grouped by instrument icon. Research and trading signals surface inside each product overview, so looking up EUR/USD puts the headlines in front of you.

Automation and analytics: The OpenAPI is among the best in the business. There is a developer portal covering REST and FIX specifications, 11 GitHub repositories, and more than 200 million requests a day powering over 120 partners. Algo order types including Iceberg, Implementation Shortfall, and liquidity-seeking strategies run on CFDs, cash equities, and ETFs. Reporting goes beyond the typical CFD broker, spanning portfolio reports, account statements, and executed trades, though it shows no average profit, average loss, or trade duration. Backtesting is TradingView-only, and there is no trading journal or AI tooling.

Available trading platforms and features

Our platform walkthrough verified 64 charting indicators, trading directly from the chart, saved chart layouts, price alerts, trading signals, a demo account, and full API and algorithmic trading access across a proprietary web platform, Windows and Mac desktop applications, and a proprietary mobile app, with TradingView alongside them. The suite excludes MetaTrader 4, MetaTrader 5, cTrader, FX Blue, VPS hosting, and client sentiment data.

Feature	Saxo
Desktop Platform (Windows)	Yes
Desktop Platform (Mac)	Yes
MetaTrader 4 (MT4)	No
MetaTrader 5 (MT5)	No
FX Blue	No
Proprietary Desktop Trading Platform	Yes
Proprietary Web Trading Platform	Yes
TradingView	Yes
cTrader	No
Algorithmic trading	Yes
API Access	Yes
Charts can be saved	Yes
Client sentiment data	No
Trading Signals	Yes
Price Alerts	Yes
Virtual Private Server (VPS)	No
Virtual Trading (Demo)	Yes
Charting - Indicators / Studies (Total)	64
Charting - Trade From Chart	Yes
Charting - TradingView	Yes

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Available order types

We verified the availability of market, limit, stop, and trailing stop orders directly within the trade ticket, alongside durations running from day orders through Good till Date. OCO, OTO, and guaranteed stop-loss orders are not supported.

Feature	Saxo
Order Type - Market	Yes
Order Type - Limit	Yes
Order Type - Stop	Yes
Order Type - Trailing Stop	Yes
Order Type - OCO	No
Order Type - OTO	No
Order Type - GSLO	No

Research

I spend more time in Saxo's research module than in any other broker's. The Research tab splits into Inspiration, Markets, Themes, and News, with the SaxoStrats Strategy Team publishing under Stocks, FX, Commodities, Macro, and Options. Several pieces land daily, deep dives carrying screenshots and technical and fundamental analysis. Quarterly and annual outlooks round it out, including the Outrageous Predictions series, and I find them professional and free of marketing.

Newswires and the daily podcast: Headlines stream from Dow Jones, MarketWire, NewsEdge, RTT, and Newsquawk, filterable by provider, date, and watchlist. The Saxo Market Call podcast runs almost daily at just over 20 minutes and has passed 5 million listeners, covering price action, central banks, and monetary policy.

The Saxo Market Call podcast runs almost daily for about 20 minutes, offering expert insights into price action, central banks, and monetary policy. The program is a prolific cornerstone of Saxo's research module with over 1,300 episodes and 5.7 million downloads. Having easily passed 5 million listeners, it remains a highly valuable audio resource for active traders looking to stay informed on global markets.

Calendar and company data: The economic calendar filters by macroeconomic, dividend, and earnings events, by severity, date, and country, showing actual, previous, and estimate values. I was pleased to see earnings and dividends folded in so that you can scan today, this week, this month, or this quarter across chosen exchanges for ex-dividend and payment dates, capped at 100 results per run. What it lacks is history since there are no prior results for a recurring event, nor any chart of how a series has trended. FactSet fundamentals and ESG scores from Sustainalytics and Morningstar cover equities.

Signals and sentiment: Autochartist powers the Trade Signals tab across desktop, web, and mobile, with filters for timeframe, probability, pattern type, and portfolio, and I could copy a signal's take-profit and stop-loss straight into a trade ticket. Client sentiment data is not shown on the platform or website. The closest substitute is screening by popularity over a day, week, month, or quarter. Trading Central, TipRanks, and Acuity Trading are not offered.

TradingView and video: TradingView is available as a standalone platform with over 3,200 symbols, a strong selection but a fraction of the 71,000 on SaxoTrader itself. The YouTube channels hold a deep archive of webinars and research videos, but nothing new has posted in three months, and since Saxo has self-hosted in past years, it is unclear whether the channels are still in use.

Available research tools

Our analysis highlights daily market commentary from the in-house SaxoStrats team, a near-daily podcast, top-tier newswires including Dow Jones and Newsquawk, an economic calendar covering earnings and dividends alongside macro events, and Autochartist-powered trading signals. The platform carries no client sentiment indicator, and Trading Central, TipRanks, and Acuity Trading are not offered.

Feature	Saxo
Forex News (Top-Tier Sources)	Yes
Daily Market Commentary (Articles)	Yes
Daily Market Commentary (Videos)	No
Economic Calendar	Yes
Research - Earnings Calendar	Yes
Acuity Trading	No
Autochartist	Yes
TipRanks	No
Trading Central	No
Mobile Research - News	Yes
Mobile Research - Economic Calendar	Yes
Mobile Research - Market Movers	Yes

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Education

I would hand Saxo's education to an intermediate trader before a beginner. The material is well made and, in places, underbuilt. Seven video-based courses cover financial markets and investing basics: the economy, stocks, bonds. What the program lacks is scaffolding.

Courses that do not connect: The videos do not link to articles, quizzes, or tests. Saxo interlinks some of its guides as though they belonged to a course, but many are not integrated into the course experience. I found no progress tracking, so you never know where you are, and no quizzes to check what stuck. That is the distance between good content and a university-grade program. On mobile I could tap most learning resources and videos to play them; on the web you traverse the sitemap to reach the same articles.

The Saxo learning center provides a modular catalog of on-demand educational courses designed for beginner and intermediate investors. The directory organizes instructional modules into concise, bite-sized lessons complete with runtime indicators, ranging from introductory guides on equities and bond market mechanics to analytical frameworks for evaluating share valuations.

Range of written material: The Investing 101 series spans stocks, options, ETFs, CFDs, mutual funds, forex, bonds, and commodities, and further series push the Learn hub past 60 articles, broken into short paragraphs with images. Webinars run through the month, hosted by Saxo's own experts, covering monetary policy, trading psychology, and portfolio construction, with third-party guests including CME Group and BlackRock analysts.

Tutorials for the platform itself: A 19-video playlist walks through the SaxoTrader suite, including how Trading Signals work, and a separate playlist covers SaxoInvestor for unleveraged investing. I watched a webinar on customizing the platform and found it to be both professional and useful. Tutorials sit on YouTube and in the in-platform Education hub.

Learning inside the trade ticket: Information icons explain trade fees, margin, and related data in both the web platform and the mobile app, alongside instrument icons, and to my eye Saxo balances a feature-dense ticket well. Submit a size that is too small and the rejection message tells you why; go too large and a margin utilization warning appears before you commit, with the trade size highlighted orange behind a hazard icon. The watchlist is thinner. A lettered icon marks the asset type (FX for forex), and EUR/USD displays as Euro/US Dollar with nothing on what those economies represent or why the pair is a major.

Available educational offerings

We found seven video courses, a Learn hub of more than 60 articles, webinars through the month, and both beginner and advanced trading videos, with a dedicated education area on the website and inside the mobile app. Forex, CFD, and stock education are all covered; crypto is not, and there are no quizzes or progress tracking.

Feature	Saxo
Education (Forex)	Yes
Education (CFDs)	Yes
Education (Crypto)	No
Education (Stocks)	Yes
Education Area (Website)	Yes
Education Area (Mobile App)	Yes
Webinars	Yes
Videos - Beginner Trading Videos	Yes
Videos - Advanced Trading Videos	Yes

Final thoughts

Saxo makes it easy to run forex, equities, bonds, options, and futures out of one account, and to do it on platforms that hold up under real use. It won our 2026 Category Award for #1 Research, well-deserved given how much I lean on the SaxoStrats material and the Market Call podcast, though the platform still shows no client sentiment data and carries neither Trading Central nor TipRanks.

What holds it back is cost at the small end with a $3 ticket fee below the 50,000-euro equivalent and no micro lots, alongside a six-pair crypto lineup and courses that were never wired into the 60-plus Learn hub guides. If you trade in size and want depth across asset classes with research you will actually read, Saxo is a strong choice, but if you're trading small tickets, want MetaTrader, or care about crypto selection, I'd look elsewhere.

Saxo's Star Ratings

Feature	Saxo
Overall Rating
Trust Score	99
Range of Investments
Trading Fees
Trading Platforms
Research
Mobile Trading
Education

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eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing.

Steven Hatzakis August 04, 2026

FOREX.com Review

FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe.

Steven Hatzakis May 04, 2026

FXCM Review

For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading.

Steven Hatzakis May 04, 2026

Exness Review

In my 2026 Exness review, I tested the Exness Terminal, MT4, and MT5 across 78 forex pairs. See my verdict on costs, research, and product range.

Steven Hatzakis May 27, 2026

StoneX Trading Review

Formerly named City Index, StoneX Trading is a trusted brand known for its versatile trading platforms, excellent mobile app, and diverse market research.

Steven Hatzakis August 28, 2026

FxPro Review

FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods.

Steven Hatzakis May 15, 2026

IC Markets Review

IC Markets is built for algorithmic and cost-sensitive forex traders: 0.72 pips all-in on EUR/USD and free colocated VPS, but no platform of its own.

Steven Hatzakis August 31, 2026

AvaTrade Review

AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders.

Steven Hatzakis May 04, 2026

HFM (HF Markets) Review

Our 2026 HFM (HF Markets) review covers MT4, MT5, copy trading, the 344-symbol product offering, and 1.8-pip EUR/USD spreads, based on hands-on testing.

Steven Hatzakis August 13, 2026

Tickmill Review

Our expert Tickmill review tests the broker's Raw account pricing, spreads, MetaTrader platforms, and tools to help you decide if it fits your trading in 2026.

Steven Hatzakis May 22, 2026

About the Editorial Team

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

Jeff Anberg is a Senior Editor at ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.