Saxo Account Type

　　Saxo offers a variety of trading accounts tailored to meet the needs of different traders. The two main types of accounts are the Standard Account and the Pro Account.

• Standard Account:
• Minimum Deposit: $50
• Commission: None
• Spread: Variable from 1 pip
• Leverage: Up to 2000:1
• Products Offered: Forex, metals, energies, commodities, cryptos, and indices.
• Minimum Trade Size: 1 micro lot (0.01 lots).
• Hedging: Allowed.
• EA (Expert Advisors): Allowed.
• Pro Account:
• Minimum Deposit: $50
• Commission: $2 per lot per side.
• Spread: Raw spreads from 0.0 pips.
• Leverage: Up to 2000:1.
• Products Offered: Forex, metals, energies, commodities, cryptos, and indices.
• Minimum Trade Size: 1 micro lot (0.01 lots).
• Hedging: Allowed.
• EA (Expert Advisors): Allowed.

　　

Saxo Broker Account Opening Process

　　Opening an account with Saxo is a straightforward process that involves the following steps:

• Register:
• Visit the Saxo website and fill out the account registration form with your personal details.
• Verify:
• Complete the identity verification by uploading the required documents. This typically includes proof of identity (such as a passport or driver's license) and proof of address (like a utility bill or bank statement).
• Fund:
• After your account is verified, you can fund your account with a minimum deposit of $50.
• Trade:
• Once your account is funded, you can start trading on Saxo's trading platform, accessing a wide range of investment products.

　　By following these steps, you can easily set up your trading account with Saxo and begin your trading journey.