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Regarding the legitimacy of Saxo forex brokers, it provides a comprehensive investigation into the security aspects of regulatory ASIC,FCA,FSA,SFC,AMF,CONSOB,FINMA,MAS,DFSA,AMF,ASIC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Regulation

Regulated in Australia

Risk Control

Risk Manage

Is Saxo safe?

The regulatory license is the strongest proof.

MM

ASIC Market Making(MM)

Australia Securities & Investment Commission

Australia Securities & Investment Commission

Regulatory Agencies Introduction

  • Current Status:

    Regulated

  • License Type:

    Market Making(MM)

  • Licensed Institution:

    SAXO CAPITAL MARKETS (AUSTRALIA) LIMITED SAXO CAPITAL MARKETS (AUSTRALIA) LIMITED

  • Effective Date:

    2004-12-07

  • Email Address of Licensed Institution:

    ComplianceAU@saxomarkets.com.au

  • Sharing Status:

    No Sharing

  • Website of Licensed Institution:

    --

  • Expiration Time:

    --

  • Address of Licensed Institution:

    SE 1 L 14 9-13 CASTLEREAGH ST SYDNEY NSW 2000 AUSTRALIA

  • Phone Number of Licensed Institution:

    0282679003

  • Licensed Institution Certified Documents:

    Annex1 Annex2 Annex3 More
11 name
MM

FCA Market Making(MM)

Financial Conduct Authority

Financial Conduct Authority

Regulatory Agencies Introduction

  • Current Status:

    Regulated

  • License Type:

    Market Making(MM)

  • Licensed Institution:

    Saxo Capital Markets UK Limited Saxo Capital Markets UK Limited

  • Effective Date:

    2011-10-05

  • Email Address of Licensed Institution:

    ukcompliance@saxomarkets.com， uklegal@saxobank.com

  • Sharing Status:

    No Sharing

  • Website of Licensed Institution:

    https://www.home.saxo/en-gb/

  • Expiration Time:

    --

  • Address of Licensed Institution:

    26th Floor40 Bank Street London E14 5DA UNITED KINGDOM

  • Phone Number of Licensed Institution:

    +4402071512100

  • Licensed Institution Certified Documents:

    Annex1 Annex2 Annex3 More
11 name
Retail FX

FSA Retail Forex License

Financial Services Agency

Financial Services Agency

Regulatory Agencies Introduction

  • Current Status:

    Regulated

  • License Type:

    Retail Forex License

  • Licensed Institution:

    サクソバンク証券株式会社 サクソバンク証券株式会社

  • Effective Date: Change Record

    2007-09-30

  • Email Address of Licensed Institution:

    --

  • Sharing Status:

    No Sharing

  • Website of Licensed Institution:

    --

  • Expiration Time:

    --

  • Address of Licensed Institution:

    東京都港区六本木１－６－１ 泉ガーデンタワー３ ６階

  • Phone Number of Licensed Institution:

    03-6701-4601

  • Licensed Institution Certified Documents:

    Annex1 Annex2 Annex3
11 name
Futures & leveraged FX

SFC Dealing in futures contracts & Leveraged foreign exchange trading

Securities and Futures Commission of Hong Kong

Securities and Futures Commission of Hong Kong

Regulatory Agencies Introduction

  • Current Status:

    Regulated

  • License Type:

    Dealing in futures contracts & Leveraged foreign exchange trading

  • Licensed Institution:

    Saxo Capital Markets HK Limited Saxo Capital Markets HK Limited

  • Effective Date:

    2011-01-19

  • Email Address of Licensed Institution:

    hkcompliance@saxomarkets.com.hk

  • Sharing Status:

    No Sharing

  • Website of Licensed Institution:

    www.saxomarkets.com.hk

  • Expiration Time:

    --

  • Address of Licensed Institution:

    香港中環皇后大道中12號上海商業銀行大廈19樓

  • Phone Number of Licensed Institution:

    --

  • Licensed Institution Certified Documents:

    Annex1 Annex2 Annex3 More
11 name
Retail FX

AMF Retail Forex License

The Autorité des Marchés Financiers

The Autorité des Marchés Financiers

Regulatory Agencies Introduction

  • Current Status:

    Regulated

  • License Type:

    Retail Forex License

  • Licensed Institution:

    Saxo bank A/S Saxo bank A/S

  • Effective Date:

    2001-09-25

  • Email Address of Licensed Institution:

    --

  • Sharing Status:

    No Sharing

  • Website of Licensed Institution:

    --

  • Expiration Time:

    --

  • Address of Licensed Institution:

    Philip Heymans Allé 15 - 2900

  • Phone Number of Licensed Institution:

    --

  • Licensed Institution Certified Documents:

    Annex1 Annex2
11 name
MM

CONSOB Market Making(MM)

National Commission for Companies and the Stock Exchange

National Commission for Companies and the Stock Exchange

Regulatory Agencies Introduction

  • Current Status:

    Regulated

  • License Type:

    Market Making(MM)

  • Licensed Institution:

    BG SAXO SIM S.P.A. BG SAXO SIM S.P.A.

  • Effective Date:

    2018-12-28

  • Email Address of Licensed Institution:

    --

  • Sharing Status:

    No Sharing

  • Website of Licensed Institution:

    --

  • Expiration Time:

    --

  • Address of Licensed Institution:

    CORSO VENEZIA 29 20121 MILANO (MI) ITALIA

  • Phone Number of Licensed Institution:

    --

  • Licensed Institution Certified Documents:

    Annex1 Annex2
11 name
Fin. svc.

FINMA Financial Service

Swiss Financial Market Supervisory Authority

Swiss Financial Market Supervisory Authority

Regulatory Agencies Introduction

  • Current Status:

    Regulated

  • License Type:

    Financial Service

  • Licensed Institution:

    SAXO BANK (SCHWEIZ) AG SAXO BANK (SCHWEIZ) AG

  • Effective Date:

    --

  • Email Address of Licensed Institution:

    --

  • Sharing Status:

    No Sharing

  • Website of Licensed Institution:

    --

  • Expiration Time:

    --

  • Address of Licensed Institution:

    --

  • Phone Number of Licensed Institution:

    --

  • Licensed Institution Certified Documents:

    Annex1 Annex2
11 name
Retail FX

MAS Retail Forex License

Monetary Authority of Singapore

Monetary Authority of Singapore

Regulatory Agencies Introduction

  • Current Status:

    Regulated

  • License Type:

    Retail Forex License

  • Licensed Institution:

    SAXO CAPITAL MARKETS PTE. LTD. SAXO CAPITAL MARKETS PTE. LTD.

  • Effective Date:

    --

  • Email Address of Licensed Institution:

    --

  • Sharing Status:

    No Sharing

  • Website of Licensed Institution:

    http://www.saxomarkets.com.sg

  • Expiration Time:

    --

  • Address of Licensed Institution:

    88 MARKET STREET CAPITASPRING #31-01 048948

  • Phone Number of Licensed Institution:

    +65 63037800

  • Licensed Institution Certified Documents:

    Annex1 Annex2 Annex3
11 name
Common fin.

DFSA Common Financial Service License

Dubai Financial Services Authority

Dubai Financial Services Authority

Regulatory Agencies Introduction

  • Current Status:

    Revoked

  • License Type:

    Common Financial Service License

  • Licensed Institution:

    Saxo Bank A/S Saxo Bank A/S

  • Effective Date:

    2018-01-03

  • Email Address of Licensed Institution:

    --

  • Sharing Status:

    No Sharing

  • Website of Licensed Institution:

    --

  • Expiration Time:

    2019-12-10

  • Address of Licensed Institution:

    Unit 11 , Level 1, Gate Village Building 3, DIFC, PO Box 506830, Dubai, UAE

  • Phone Number of Licensed Institution:

    97143816813

  • Licensed Institution Certified Documents:

    Annex1 Annex2
11 name
Common fin.

AMF Common Financial Service License

The Autorité des Marchés Financiers

The Autorité des Marchés Financiers

Regulatory Agencies Introduction

  • Current Status:

    Revoked

  • License Type:

    Common Financial Service License

  • Licensed Institution:

    Saxo banque (France) Saxo banque (France)

  • Effective Date:

    2008-09-15

  • Email Address of Licensed Institution:

    --

  • Sharing Status:

    No Sharing

  • Website of Licensed Institution:

    http://www.saxobanque.fr

  • Expiration Time:

    --

  • Address of Licensed Institution:

    10 rue de la Paix

  • Phone Number of Licensed Institution:

    0178945640

  • Licensed Institution Certified Documents:

    Annex1 Annex2 Annex3 More
11 name
Biz reg

ASIC Common Business Registration

Australia Securities & Investment Commission

Australia Securities & Investment Commission

Regulatory Agencies Introduction

  • Current Status:

    Exceeded

  • License Type:

    Common Business Registration

  • Licensed Institution:

    SAXO CAPITAL MARKETS PTY. LTD. SAXO CAPITAL MARKETS PTY. LTD.

  • Effective Date:

    2007-07-04

  • Email Address of Licensed Institution:

    --

  • Sharing Status:

    No Sharing

  • Website of Licensed Institution:

    --

  • Expiration Time:

    --

  • Address of Licensed Institution:

    SYDNEY NSW 2000

  • Phone Number of Licensed Institution:

    --

  • Licensed Institution Certified Documents:

    Annex1
11 name

Is Saxo a scam, or is it legit?

The latest exposure and evaluation content of Saxo brokers.

scammed the people
I have lost my 85000 pkr in this adress
Unable to withdraw
I paid a security deposit and asked to pay taxes, but I couldn’t withdraw money at all. I don’t know if I was cheated
deposit
I can't withdraw money from my account, they are theft
Fraudulent transactions, still randomly closing positions when the margin ratio does not reach the closing line
1) When the position margin is 70%, SAXO has no reason to liquidate. This is a robbery; 2) and in the event of an unprovoked liquidation, the closing price is as much as 50 times the real-time market price! lead to huge losses. This is a fraudulent transaction, because the minimum price change unit is 0.01 and it needs to be changed gradually, instead of 2 blocks directly changing to 111 blocks! SAXO is a black-hearted trading platform. It gives me the feeling that it uses malicious liquidation to earn money from users' forced liquidation! 3) The official SAXO customer service fabricated the fact that it did not exist. I didn’t place an order to close the position, and said that someone placed the order;

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Saxo's latest industry rating score is 8.25, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. Saxo If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.