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Due Diligence Requirements

Saxo Markets is required to comply with the MAS Notice SFA 04-N02 on Prevention of Money Laundering and Countering the Financing of Terrorism and the related guidelines. Saxo Markets is therefore obliged to apply stringent due diligence measures whenever a new client applies for an account, which must at least include:

  1. Identifying the customer and verify identity based on documents, data or information obtained from a reliable and independent source.
  2. Identifying the beneficial owners where applicable
  3. Obtaining information on the intended purpose and nature of the business relationship.
  4. Monitoring the ongoing business relationship, including the transactions made, ensuring that documents, data and information held are kept up-to-date.

Saxo Markets
88 Market Street
CapitaSpring #31-01
Singapore 048948

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Saxo Capital Markets Pte Ltd ('Saxo Markets') is a company authorised and regulated by the Monetary Authority of Singapore (MAS) [Co. Reg. No.: 200601141M ] and is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms & Risk Warning to consider whether acquiring or continuing to hold financial products is suitable for you, prior to opening an account and investing in a financial product.

Trading in financial instruments carries various risks, and is not suitable for all investors. Please seek expert advice, and always ensure that you fully understand these risks before trading. Trading in leveraged products such as Margin FX products may result in your losses exceeding your initial deposits. Saxo Markets does not provide financial advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Markets does not take into account an individual’s needs, objectives or financial situation.

The Saxo trading platform has received numerous awards and recognition. For details of these awards and information on awards visit

The information or the products and services referred to on this website may be accessed worldwide, however is only intended for distribution to and use by recipients located in countries where such use does not constitute a violation of applicable legislation or regulations. Products and Services offered on this website are not intended for residents of the United States, Malaysia and Japan. Please click here to view our full disclaimer.

This advertisement has not been reviewed by the Monetary Authority of Singapore.