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Crypto

Broker

Saxo

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Unproved

Unproved

Saxo

Founded in :

N/A

1992 (33 Years)

227 Reviews

Good

3.87/5

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Security Information

0.00

Verification on TrustFinance

0.00

Traffic & Engagement

4.33

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Security Information

Warning

This company is currently unproved. Please be cautious of the potential risks!

What are the differences in regulations for each ?

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Security Information

Warning

This company is currently unproved.

Please be cautious of the potential risks!

What are the differences in regulations for each ?

News

TrustFinance Intelligence Agency

Research date: Thg 02 28, 2025

Saxo Bank has received an 'A-' long-term issuer credit rating from S&P Global Ratings, upgraded from its previous 'BBB' rating, reflecting its solid profitability, robust capitalization, and effective risk management. This upgrade follows Saxo's designation as a Systemically Important Financial Institution (SIFI) and indicates a strong capacity to meet financial commitments despite some susceptibility to adverse economic conditions. The rating change comes after Saxo's recent financial report showed an increase in investors and operating income. Additionally, Saxo has appointed Tara Tyan as its new COO for the MENA region amid fluctuations in forex trading volumes.

Saxo Bank has received an 'A-' long-term issuer credit rating from S&P Global Ratings, upgraded from its previous 'BBB' rating, reflecting its solid profitability, robust capitalization, and effective risk management. This upgrade follows Saxo's designation as a Systemically Important Financial Institution (SIFI) and indicates a strong capacity to meet financial commitments despite some susceptibility to adverse economic conditions. The rating change comes after Saxo's recent financial report showed an increase in investors and operating income. Additionally, Saxo has appointed Tara Tyan as its new COO for the MENA region amid fluctuations in forex trading volumes.