A global solution for your money in a Danish bank for investors and traders

Get access to 71,000+ investment products including bonds, ETFs, stocks and CFDs, earn interest on idle cash and opt in to stock lending on our world-class platform.

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Why choose Saxo?

  • Cheaper than a bank, safer than a broker

    Lower costs help you get more out of your investments than you’d get with traditional banks. Our banking license provides better protection for your money than an online broker would – your cash is protected by the Danish Guarantee Fund (up to EUR 100,000).

  • Security of a Danish bank

    Your money is safely held within a Systemically Important Financial Institution (SIFI) with an investment grade rating from S&P in a country with the highest AAA credit rating.

  • Opportunities for more earnings

    When you build your portfolio with us, you can add to your returns by opting in to stock lending and earn high interest* on your free cash, up to 4.07% on USD, 2.65% on EUR.

  • Multilingual

    We want to make your experience as smooth as possible, so we offer our platform in many languages and provide support in English, Polish, Russian, and more.

  • *VIP rate as of 21.11.2023, to see all benefits of the VIP account, click here

Geographical diversification

Placing some of your assets in a foreign bank diversifies your geographical footprint. You’ll be able to access your funds from most of the world. When you deposit money from an external bank account, it will be automatically linked (for most countries) to your Saxo account for seamless access to your capital when you need it.
We do not offer ordinary bank accounts or ATM cards, but you will have access to your funds at Saxo Bank from most of the world. Your Saxo account allows you to deposit and withdraw money from any bank account registered in your name.  When you deposit money from an external bank account, it will be automatically linked to your Saxo Bank account for seamless access to your capital when you need it.
Directly linking external bank accounts makes your funds even safer, as your money can only be withdrawn to a previously registered account. While this can't eliminate all risks, it reduces the risk of your money being sent to other accounts, spent online or withdrawn at an ATM.

We don't have a loan mortgage or commercial loan book with inherent risk of credit losses.

Since we are a Copenhagen-based bank, you get another layer of security: Your deposits are backed by a Danish guarantee fund up to €100,000.

Cheaper than a traditional bank, safer than a broker

Benefit from a new lower costs than retail banks offer, while operating in a regulated and safe trading environment.


Activate stock lending to earn more

You can add to your returns by opting in to stock lending—an easy way to potentially earn passive income from your stocks and ETFs.

Learn more about stock lending →

Earn interest on your idle cash with no upper limits

Earn interest income on your uninvested cash with no lock-in period or upper limit on amount paid. Your funds will remain available to withdraw or invest, while earning interest on a daily basis.

Use our interest calculator to estimate the total interest received on your uninvested cash depending on deposit amount and currency.

Learn more about interest on deposits →

How much interest could I earn?

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Contact Saxo for a special offer
Dedicated sales trader
Dedicated sales trader

VIP offer for Cyprus investors and traders

Become a Saxo VIP and receive our very best prices, our highest interest rates, priority support, personal relationship manager and exclusive event invitations.

The security of your data and funds is our highest priority

  • Licensed and regulated institution

    We are a fully supervised and licensed bank, subject to strict regulation in 15 jurisdictions, including Denmark, the UK, and Singapore.

    See our licenses →

  • Protecting your funds as part of the FSCS

    In the event that a Danish bank (including Saxo Bank) should suspend its payments or go into bankruptcy, clients are guaranteed up to EUR 100,000 for cash deposits by the Danish Guarantee Fund—FSCS (Financial Services Compensation Scheme).

    See how we protect your funds →

Frequently asked questions

Opening and maintaining an account at Saxo is free of charge: no minimum initial deposit is required for a Classic account.
Setting up an investment account usually takes around 10 minutes, and the whole process can be done remotely. 

However, please note that Saxo Bank is a licensed Danish bank and your money will enter the Danish banking system. Therefore, the account opening process can sometimes take up to several days—especially if you wish to invest larger amounts—and may require you to send documents confirming the source of your capital. 

Security and full compliance with regulatory requirements are very important to Saxo Bank. This compliance allows us to provide access to 71,000 investment products from around the world so that you can geographically diversify your capital through the Danish bank.
Yes, you can have subscriptions for real-time prices from many of the world's stock exchanges.

The cost of a monthly subscription for US exchanges is USD 7 per exchange for private clients.
For clients who trade equities and subscribe to real-time market data, fees are refunded per exchange if the client trades a minimum of four times across stocks, ETFs or CFDs on the exchange during each calendar month.

For more information, view the full list of exchanges and prices.
No. Saxo is an institution that only offers investment accounts. The banking license we hold gives you the assurance that we meet all the strict requirements for Danish banks and that your deposits are protected by the Danish Guarantee Fund—FSCS (Financial Services Compensation Scheme).

We do not offer savings accounts or payment cards.
We do not have a loan mortgage or commercial loan book with inherent risk of credit losses.
Yes, except for a private account, you can open a corporate or a joint account tailor-made for your needs.
You can open sub-accounts in 18 different currencies, such as EUR, USD, PLN, CHF, GBP, DKK, CAD and more. A currency sub-account is a separate account within your main account that allows you to earn interest and invest directly in these currencies.

30+ years

Experience in the industry



100+ bn

USD client assets


Partner banks and brokers

Saxo Bank A/S (Headquarters)
Philip Heymans Alle 15

Contact Saxo

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Trade responsibly
All trading carries risk. Read more. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. All clients will directly engage with Saxo Bank A/S and all client agreements will be entered into with Saxo Bank A/S and thus governed by Danish Law.

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