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The products offered by Saxo Capital Markets UK Limited ("SCML") include but are not limited to Foreign Exchange, Stock, Index and Commodity CFDs, Options and other derivative products. These products may not be suitable for all investors, as trading derivative products carries a high level of risk to your capital. It is possible to lose more than your deposits so before deciding to trade you should ensure you understand the risks involved and seek independent advice if necessary.


At the time of processing your application, we are required to perform an appropriateness assessment to determine whether it is appropriate for you to trade derivative products that are available on our trading platform. If we determine from the information that you provide that it is not appropriate for you to trade derivative products, we may warn you of our assessment or remove the functionality from our trading platform to prohibit you from trading such products.

Effect of "Leverage" or "Gearing"

When trading in derivative products, the amount of initial margin required to open a position may be small, relative to the value of the derivative contract, this in effect will mean that you are trading using "leverage" or "gearing". The effect of using leverage or gearing will mean that a relatively small market movement may have a proportionately larger impact on the funds you have deposited or will have to deposit in order to continue to maintain your position(s). This may work against you as well as for you and you may sustain a total loss of any funds used to cover any initial margin requirement as well as any additional funds deposited to maintain your position(s). If the market moves against your position and/or margin requirements are increased, you may be called upon to deposit additional funds on short notice to maintain your position. It is important to note that it is your responsibility to ensure that you continuously monitor your account at all times, as the failure to maintain sufficient funds or collateral on your account may result in SCML closing all your open margined position(s) and you will be liable for any resulting loss or deficit on the account.

No Recommendations or Investment Advice

SCML may publish on its website or trading platforms materials or links to third party websites. Although SCML undertakes reasonable efforts to ensure that any published materials or information contained on third party websites are reliable, they are only intended for informational purposes. SCML makes no representation or warranty, or assumes no liability, for the accuracy or completeness of any information contained in any materials published or displayed on third party websites.

Any information contained within any published materials or third party websites do not take into consideration any particular recipients investment objectives or current financial situation and should not constitute as being investment advice or a recommendation for any recipient to invest in a particular manner.

Saxo Bank A/S, SCML's parent company, may display or publish via the website news, commentary and analysis relating to foreign exchange, equities, commodities and the factors that drive them. As a company that is part of the Saxo Bank Group, access to this website is embedded within our trading platform.

Any materials including any opinions, news, research, analyses, prices, or other information contained on the website do not take into consideration any particular recipients investment objectives or current financial situation. Any materials published on the website are provided for information purposes only and should not constitute as being investment advice or a recommendation for any recipient to invest or divest in a particular manner. SCML will not accept any liability for any loss, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

You should note that the website is hosted, owned and managed by Saxo Bank A/S and SCML makes no representation or warranty, and assumes no liability, for the accuracy or completeness of any information or materials published on

Saxo Bank A/S is a licensed credit institution incorporated in Denmark and authorised by the Finanstilsynet under Reg. no: 1149. Please refer to Saxo Bank's full disclaimer available at

Internet Trading Risks

There are risks associated with trading on an electronic internet-based deal execution trading system. If you undertake transactions electronically over the internet you will be exposed to risks associated with internet trading including, but not limited to, the failure of hardware, software and internet connection. The result of any system failure may mean that your order is either not executed according to your instructions, is not executed at all and also a lack of capability by us to keep you continuously informed about your positions and any fulfilment of the margin requirements.

Use of the Website

Any use of this website or any other Saxo Bank Group website(s) is subject to the terms of use as amended from time to time and the copyright provisions, as amended from time to time, both of which shall be construed as constituting an integrated part of this disclaimer.

SCML and/or the Saxo Bank Group shall not be liable for any damage or injury arising out of any person's or entity's access to, or inability to access any website of the Saxo Bank Group. This limitation includes but is not limited to, any damage to computer equipment and computer systems caused virus, malware and any other harmful computer coding.

Consulting the SCML website or any other website belonging to any other company within the Saxo Bank Group does not constitute a customer relationship, and SCML or the Saxo Bank Group shall not have any duty or incur any liability or responsibility towards any person or entity as a result of such person or entity consulting an SCML or Saxo Group website.


The website is the property of Saxo Bank A/S and as an affiliate of Saxo Bank, Saxo Capital Markets UK Ltd “SCML” has entered into an arrangement with to allow you upon your consent to access information on and use your SCML Account to enter into transactions through Any materials or other social trading features available on the website are provided by Saxo Bank A/S and SCML does not accept any responsibility or liability for the contents or services made accessible through For the avoidance of doubt, should you decide to enter into any transaction through SCML will be the counterparty to any transaction entered into by you and not Saxo Bank. Saxo Bank A/S is a licensed credit institution authorised by the Finanstilsynet and you should note that the protections afforded under the Financial Services Markets Act 2000 do not apply to the services provided by Saxo Bank A/S.