Established in 1992, the Saxo brand today is one of the leading retail forex and multi-asset brokerages, with multiple regulated entities including Saxo Markets, regulated in the UK, and Saxo Bank, which is licensed and regulated as a Danish bank with its headquarters in Copenhagen. Saxo operates a number of other entities that are regulated across the world in major and emerging regulatory hubs.
Saxo Bank covers nearly every electronically traded asset class, providing spot FX, FX options, non-deliverable forwards (NDFs), Contracts for Difference (CFDs), stocks, stock options, Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs) including cryptos, futures, contract options, and bonds.
Saxo Bank caters to both retail and institutional clients, and provides wealth management and banking services through its related offerings. According to Saxo Bank Group’s 2016 year-end figures, the company had $1.88 billion in assets under management (AUM), and $13.07 billion in clients’ collateral deposits, making it one of the top retail forex and multi-asset brokers globally.