Saxo Bank License

Secure online trading

Saxo Bank A/S is a fully licensed European bank under the supervision of Danish FSA. Saxo Bank A/S is subject to stringent financial reporting requirements under EU directives and specific regulations regarding client handling.

The European Investment Directive was introduced in 1996, and on 2 May that year, Saxo Bank A/S (then known as Midas) became the first broker in Denmark to gain approval under this directive. In June 2001, the Danish Financial Supervisory Authority approved a banking licence and the company officially became Saxo Bank A/S.

Saxo Bank ownership

Saxo Bank A/S is a privately owned company. The co-founders Kim Fournais and Lars Seier Christensen each own 25.71% of the Bank’s shares, while TPG Capital owns 29.26% of the shares. The remaining shares are held by minority shareholders including Sinar Mas Group with 9.9% ownership and a number of current and former employees of the Bank.

License and regulation details

Saxo Bank A/S (company registration no. 15731249) is incorporated in Denmark as a licensed bank (license no. 1149) and is regulated – along with Saxo Bank A/S Italy, Saxo Bank A/S Czech Republic, Saxo Bank A/S Netherlands, Saxo Bank A/S Cyprus – by the Danish Financial Supervisory Authority (FSA) - Finanstilsynet, Århusgade 110, 2100, København Ø. Further details regarding the Danish FSA and the license of Saxo Bank A/S may be viewed at https://www.finanstilsynet.dk. As a member of the European Union, Denmark has incorporated the EU Banking and Investment Directives into Danish law.

Saxo Capital Markets UK Limited is authorised and regulated by the Financial Conduct Authority (Firm reference number 551422).

Saxo Bank A/S Italy is registered by the Bank of Italy (Registration Number: 5720).

Saxo Bank A/S Czech Republic is registered by the Czech National Bank (Registration Number: 28949587).

Saxo Bank A/S Netherlands is registered by the Bank of the Netherlands (Registration Number: 34357130).

Saxo Capital Markets Pte. Ltd. Singapore is licensed as a Capital Market Services provider and an Exempt Financial Advisor, and is supervised by the Monetary Authority of Singapore. Co. (Registration Number: 200601141M).

Saxo Bank (Switzerland) AG is a licensed bank regulated by the Swiss Federal Banking Commission (Registration Number CH-660-0511991-1).

Saxo Banque (France) SAS is licensed as a Credit Institution by the Bank of France (Registration Number: 483632501 R.C.S. Paris).

Saxo Bank A/S, DIFC Representative Office is licensed by the Dubai Financial Services Authority as a Representative Office (Registration number: CL2637).

Saxo Bank – Representative Office (Dubai) is licensed by the Central Bank of the U.A.E. as a Representative Office (Registration number: 2017/995/13).

Saxo Bank FX K.K. is licensed by the Japanese Financial Services Agency (Registration Number: 239).

Saxo Capital Markets Hong Kong Ltd. is registered by the Securities and Futures Commission in Hong Kong (Registration Number 1395901).

Saxo Privatbank A/S is licensed as a Bank by the Danish Financial Supervisory Authority (FSA) (Registration Number: 9695).

Saxo Capital Markets (Australia) Pty. Ltd is registered by the Australian Securities and Investments Commission (ASIC) (Registration Number: 126 373 859).

Saxo Capital Markets Menkul Değerler A.S. is a fully authorized and licensed brokerage house regulated by the Capital Markets Board of Turkey (CMBT). License No: G-042(405) (Trade Registration Number: 228474).

Legal Entity Identifier (LEI) 

Saxo Bank

Saxo Banque

Saxo Capital Markets

Member Information Table (GIIN)