Saxo Bank A/S

Business Focus
investment and trading services

Saxo Bank is a privately-owned Danish bank, established in 1992. In 1998 Saxo Bank launched one of the first online trading platforms, making professional-grade tools and multi-asset market access available to everyone. Saxo Bank is a global service provider, operating in different countries via its branches and subsidiaries. Saxo Bank specializes in providing online investment and trading services, allowing individuals, banks and brokers to trade dorex, CFDs, stocks, futures, options and other derivatives via its trading platforms online. Saxo Bank A/S operates as a branch of SAXO BANK A/S (Denmark).

Bank Category

Branches of foreign banks


online investments
online trading services


private individuals

Area Served



trading accounts
corporate accounts

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Account Opening

Becoming a client of Saxo Bank A/S can be done in a few steps:

Submit online application
Upload documents
Account is ready within 1-3 days

Due to regulatory requirements Saxo Bank A/S performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Saxo Bank A/S will ask him/her to provide the following documents: passport or ID card; ID card, government-issued insurance or tax return. For corporate clients Saxo Bank A/S will ask to provide corporate documentation as well as information about controlling persons. Saxo Bank A/S may request additional documentation or information depending on the case. Account opening procedure is usually completed within 1-3 days.

Ways to Bank

Saxo Bank A/S delivers its products and services via direct (online) channels only, namely:
online banking
desktop app
mobile app

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Finansiel Stabilitet
Covered Depositors
natural persons
legal entities
Covered Accounts
cash deposits

Saxo Bank A/S participates in the deposit guarantee scheme of Denmark. This deposit guarantee scheme applies to cash deposits made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Saxo Bank A/S is a member of Finansiel Stabilitet and makes its contributions into it.



Saxo Bank A/S is located in AMSTERDAM.

Bank Identifiers