Saxo Bank Review 2026
Full Saxo Bank review for Croatia traders — regulation, spreads, fees and our honest verdict.
Regulation in Croatia
| Regulator | FSA-DK — FSA-DK |
| Licence Number | 1149 |
| Regulated Entity | Saxo Bank A/S |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $2000 |
| EUR/USD Spread | From 0.4 pips |
| Instruments | 65,000+ |
| Platforms | SaxoTraderGO, SaxoTraderPRO, MT4 |
| Copy Trading | ✗ |
| Real Stocks | ✓ |
| Inactivity fee | Inactivity fee: USD100/month after 6 months |
Verdict
Regulated by FSA-DK (licence 1149). Minimum deposit $2000. In Croatia: maximum forex leverage 1:30.
About Saxo Bank
Saxo Bank was founded in 1992 and is headquartered in Copenhagen, Denmark. The broker offers 65,000 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by Saxo Bank A/S under FSA-DK.
In Croatia, Saxo Bank operates as Saxo Bank A/S, authorised by FSA-DK under licence number 1149. Croatia traders are subject to a maximum leverage of 1:30 on forex pairs under FSA-DK rules.
Trading Platforms
Pros
- FSA-DK regulated — licence 1149
- 65,000+ instruments to trade
- Negative balance protection in Croatia
- Platforms: SaxoTraderGO, SaxoTraderPRO, MT4
- Real stock ownership (not CFD)
Cons
- Inactivity fee: USD100/month after 6 months
- 68% of retail clients lose money
- CFD trading — you do not own the underlying asset
Key Facts About Saxo Bank
- Listed on Nasdaq Copenhagen stock exchange (ticker: SAXO)
- Widest product range in industry — 71,000+ instruments including bonds, mutual funds, futures, listed options
- Proprietary SaxoTraderGO platform consistently rated among best professional trading platforms
Known Limitations
- High minimum deposit — Classic account requires $2,000, Platinum $200,000
- Commission structure complex and can be expensive for small traders
- Not suitable for beginners — designed for professional/experienced traders
Frequently Asked Questions
Is Saxo Bank regulated?
Saxo Bank holds FSA-DK licence 1149, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official FSA-DK public register.
What is the minimum deposit for Saxo Bank in Croatia?
The minimum deposit is $2000. This is the amount required to open a live trading account for traders in Croatia under FSA-DK regulation.
What leverage does Saxo Bank offer in Croatia?
In Croatia, Saxo Bank offers maximum forex leverage of 1:30 under FSA-DK rules. Higher leverage may be available through offshore-regulated entities.
Is Saxo Bank safe to trade with?
Saxo Bank is regulated by FSA-DK, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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