Read more on Saxo Bank account opening here. If you are not ready yet to open a live account, you can start by experimenting with their demo account. Once you have money in your account, you can start using their mobile app, web platform or desktop platform all of which are high quality and make great sense. Funding can take 1 to 5 business days depending on the deposit method. Fund your Saxo trading accountĪfter approval, you have to fund your account to have it activated even though Saxo doesn’t clearly communicate this requirement. It takes about 1 business day for Saxo to approve new accounts. Wait until your new account is approved by Saxo Proof of residency: tax or bank statementĢ.Proof of identity: national ID card or passport.To verify your identity and residency, you have to upload the following documents: Online registration takes only 10-15 minutes. Saxo's account opening process is fast and fully digital. Securities and Futures Commission in Hong KongĪustralian Securities and Investments Commission (ASIC) Swiss Financial Market Supervisory Authority (FINMA)
€100,000 for cash, €20,000 for securitiesĪCPR (Autorité de Contrôle Prudentiel et de Résolution) and AMF (Autorité des marchés financiers) Saxo Bank legal entities Country of clients This matters because the regulator and the amount of investor protection you're eligible for differs from entity to entity.
Saxo Bank operates globally through different entities. How does Saxo Bank protect my investments?
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