Saxo Bank License

When you trade and invest with Saxo, you can be confident that you are entrusting your money to a company that takes your safety seriously.

Saxo Bank A/S is a fully licensed European bank under the supervision of the Danish FSA. As such, we comply with stringent reporting requirements and client management regulations under EU directives that are designed to protect you.

This commitment to keeping your investments safe has been with us since our earliest days. Saxo Bank A/S (then called Midas) was the first broker in Denmark to gain approval from the European Investment Directive in 1996, the very same year it was introduced. Today, the Saxo Group operates around the world collaborating closely with supervisory authorities in each jurisdiction.

Saxo Bank ownership

Saxo Bank A/S is a privately owned company. Geely Financials Denmark A/S, a subsidiary of Zhejiang Geely Holding Group Co., Ltd, owns 50.89 percent of the shares of Saxo Bank. Saxo Bank Founder and CEO Kim Fournais owns 27.53 percent of the Bank’s shares, while Sampo Plc, a leading Nordic financial services group, owns 19.43 percent of the shares. The remaining shares are held by minority shareholders including 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 – 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.

For a full overview of the Saxo Group licenses, please click here.

Systemically Important Financial Institution

Saxo Bank has been designated a Systemically Important Financial Institution (SIFI) by the Danish Financial Supervisory Authority (FSA). You can find the report from the Danish FSA here.

Legal Entity Identifier (LEI) 

Saxo Bank

Saxo Capital Markets

BinckBank N.V.

Member Information Table (GIIN)