Press Release

Saxo wins Best Retail FX Broker at Finance Magnates Awards

Saxo Bank, the multi-asset trading and investment specialist, has won the ‘Best Retail FX Broker’ category at the 2020 Finance Magnates Awards. 

The win follows Saxo being named ‘Best Retail Platform’ at the FX Markets Awards earlier in the year and represents the fourth consecutive year that Saxo has won categories in the Finance Magnates Awards. 

Stanislav Kostyukhin, Commercial Owner – Trader Segment, said: “This win is a fantastic achievement for Saxo and our team that has worked so hard to develop the market’s leading retail trading platform.  This is the second award win for our FX offering and recognition of the quality of our service and the platform’s continued innovation as we adapt to changes in client demand to deliver users the best trading experience. “

“Despite Covid-19, 2020 has been a pivotal year for our business – as well as experiencing record volumes these awards affirm our position as the leader in retail FX trading. We’re building on these successes and will continue to invest in our platform to offer a best-in-class price, product, platform and service.”

The awards are judged through multiple rounds of voting by industry peers and were presented virtually at the Finance Magnates Virtual Summit, attended by a global audience.

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Saxo Bank is a leading Fintech specialist that connects people to investment opportunities in global capital markets. As a provider of multi-asset trading and investment, Saxo Bank’s vision is to enable people to fulfil their financial aspirations and make an impact. Saxo’s user-friendly and personalised platform experience gives investors exactly what they need, when they need it, no matter if they want to actively trade global markets or invest into their future.

Founded in 1992, Saxo Bank was one of the first financial institutions to develop an online trading platform that provided private investors with the same tools and market access as professional traders, large institutions, and fund managers. Saxo combines an agile fintech mindset with close to 30 years of experience and track record in global capital markets to deliver a state-of-the-art experience to clients. The Saxo Bank Group holds four banking licenses and is well regulated globally. Saxo offers clients around the world broad access to global capital markets across asset classes, where they can trade more than 71,000 instruments in over 26 languages from one single margin account. The Saxo Bank Group also powers more than 200 financial institutions as partners by boosting the investment experience they can offer their clients via its open banking technology.

Headquartered in Copenhagen, Saxo Bank’s client assets total more than 100 bn USD and the company has more than 2,500 financial and technology professionals in financial centers around the world including London, Singapore, Amsterdam, Shanghai, Hong Kong, Paris, Zurich, Dubai and Tokyo. For more information, please visit:

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

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