Online trading platforms are more popular than the offline agencies and firms. Now, people demand quick and easy access for trading, and online trading platforms can provide it. There are many trading platforms provided by companies, and Saxo Bank trading platform is one of them. This is one of the licensed trading platforms that you may need to check in case it suits your needs as you are going to trade in the online platform.
Saxo Bank is quite famous Danish company. Its rating is also quite good although it is not considered as ones in the top ranking. It was found in 1992. In 2001, the company was regulated and licensed by Danish Financial Supervisory Authority or FSA. By being regulated by FSA, the trading company and its platform start to grow and develop. Now, there are thousands of users from 170 countries and it shows that the trading platform and its company have good development. Even in 2017, SaxoTraderGO terminal of Saxo Bank was awarded as the best trading platform for active trading. The award was given by FX Week’s e-FX Awards and ADVFN International Financial Awards.
Forex becomes one of its main instruments. There are many currency pairs that can be found in the platform although it only accepts Euro and US Dollar as the currencies for the transaction in the accounts. The transaction includes deposit in which the deposit threshold is $10,000. From the threshold, it is already clear enough that the target of clients for the trading platform from Saxo Bank is for professionals and experts. In addition to Forex, there is Forex option, CFDs, ETFs, bonds, stocks, futures, and other instruments.
It is dedicated for the professionals and experienced traders. They will be facilitated in case they want to have investment portfolio. The trading company provides investment programs with some good benefits. One of them is possibility to choose the portfolio on optimal yet acceptable level of risks. Next benefit is about no freeze period. This allows investors to withdraw their money without limit of time and no extra cost. It still has more things to offers, including types of accounts that start from classic account up to Professional accounts and traders can read more about the features and services in Traders Union.