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