SAXO Review: Regulation, Licences & Platforms

SAXO is the trading brand of Saxo Bank A/S, operating internationally with a presence noted in Hong Kong. The broker provides access to financial markets through several regionally regulated entities. Its website is home.saxo.

Regulation & licensing

SAXO operates through multiple regulated entities across different jurisdictions:

• AMF (The Autorité des Marchés Financiers), France — licence number 15868, held by Saxo banque (France).
• ASIC (Australia Securities & Investment Commission), Australia — licence number 280372, held by TOTALITY WEALTH LIMITED.
• CONSOB (National Commission for Companies and the Stock Exchange), Italy — licence number 296, held by BG SAXO SIM S.P.A.
• FCA (Financial Conduct Authority), United Kingdom — licence number 551422, held by Saxo Capital Markets UK Ltd.
• FSA (Financial Services Agency), Japan — licence number 関東財務局長（金商）第239号, held by サクソバンク証券株式会社.
• MAS (Monetary Authority of Singapore), Singapore — licence number not released, held by SAXO CAPITAL MARKETS PTE. LTD.
• SFC (Securities and Futures Commission of Hong Kong), Hong Kong — licence number AVD061, held by Saxo Capital Markets HK Limited.

This structure means clients in different regions may be served by different licensed entities, each subject to its local regulator’s requirements.

Account types

SAXO offers the following account tiers:

• VIP
• Platinum
• Classic

Readers are advised to verify a broker’s licence directly with the relevant named regulator before opening an account.