Saxo Bank scores 85/100 in our review (grade A, excellent), a Hellerup (Copenhagen), Denmark-based broker regulated by Danish FSA (Denmark, licensed bank), FCA (UK), MAS (Singapore). It does not currently offer MetaTrader 5, so Market Structure Pro cannot be used here.
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Start free trial Visit Saxo Bank ↗| Headquarters | Hellerup (Copenhagen), Denmark |
| Founded | 1992 |
| Regulation | Danish FSA (Denmark, licensed bank), FCA (UK), MAS (Singapore), ASIC (Australia), FINMA (Switzerland), SFC (Hong Kong), JFSA (Japan), CSSF (Luxembourg) |
| Platforms | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| MetaTrader 5 | No |
| Own platform | SaxoTraderGO / SaxoTraderPRO |
| Account types | Classic, Platinum, VIP, Demo |
| Min deposit | $0 |
| Typical EURUSD spread | 0.8 pips |
| Typical Gold spread | n/a |
| Commission | Commission-based on stocks/ETFs, futures and options (FX is spread-only); pricing improves at Platinum/VIP tiers; a custody fee (~0.15% p.a.) can apply on some entities; no inactivity fee |
| Execution | ECN-STP / DMA (agency execution) |
| Funding methods | Card, Bank transfer |
| Demo account | Yes |
| Support | 24/5 |
Saxo Bank is a Denmark-based, fully licensed bank and multi-regulated global broker founded in 1992, offering an exceptionally broad 71,000+ instruments spanning forex, stocks, ETFs, bonds, futures, options, CFDs and crypto ETPs. Trading is delivered through its own SaxoTraderGO and SaxoTraderPRO platforms; it does not support MetaTrader, so Market Structure Pro cannot be used.
It uses tiered Classic/Platinum/VIP accounts with commission-based pricing on securities and generally tight FX spreads that improve for high-volume clients. Regulatory strength is a standout, with a Danish banking license and SIFI designation.
Saxo is best suited to serious, well-capitalised and international investors; it does not serve US clients, offers no real spot crypto, and its best pricing requires large balances.
A separate reputation score out of 100, based on genuine user reviews across the web and kept independent of the feature score above. Our read: reviews look genuine.
Saxo Bank carries a large, authentic review footprint (8,600+ Trustpilot reviews at ~4 stars) with no fake-review signs; a genuine licensed Danish bank with multiple Tier-1 licences. Editorial sites rate it very highly (ForexBrokers.com 5.0/5) while retail is more mixed (Investing.com 3.5/5), typical big-broker complaint bias, not scam patterns.
Can I use Market Structure Pro with Saxo Bank? Not directly. Saxo Bank does not offer MetaTrader 5, which MSP requires, so browse MT5 brokers instead.
Sources: www.home.saxo · www.forexbrokers.com · brokerchooser.com. Figures are typical and change, so confirm on the broker's site.
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