Saxo Review — Overview
Saxo is a cryptocurrency exchange based in Singapore, established in 1992. On Trust Broker Hub it holds a Trust Score of 3.5 out of 10, which we rate as Poor — above the industry average of 3.3/10. High-risk profile — proceed only with caution and small amounts.
We could not verify any regulatory licence for Saxo. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.
Saxo provides access to Stocks, ETFs, bonds, mutual funds. Published conditions include leverage up to 1:100. No complaints are currently on record. Overall, Saxo carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.
Trust score breakdown
How is this calculated?Trust Score history
Saxo currently scores 3.5/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- No verified regulatory licence on record
- Always verify the licence directly before depositing
Regulation
No regulatory licence on record for Saxo. Treat with caution and verify before depositing.
Trading conditions
| Instruments | Stocks, ETFs, bonds, mutual funds, forex, futures |
| Minimum deposit | $0 |
| Maximum leverage | 1:100 |
| Typical spread | Not disclosed |
| Platforms | Not disclosed |
| Demo account | Not disclosed |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Saxo
High-risk profile
Saxo does not hold a verified regulatory licence on record. Based in Singapore, it has been operating for about 34 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.5/10 — a high-risk profile.
- Long 34-year operating track record
- No complaints on record with us
- No verified regulatory licence on record — funds may lack protection
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
Saxo — Questions & Answers
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