Saxo Bank
Saxo Bank is a Danish (EU)-licensed bank operating multi-asset online trading and investment platforms (SaxoInvestor and SaxoTrader) serving 1.5M+ retail and professional clients, with EUR 115 billion in client assets, 400+ institutional partners, and 120+ white-label arrangements across 30+ global locations.
- Company typePrivate
- Founded1992
- HeadquartersCopenhagen, Denmark
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Saxo Bank does
Saxo Bank A/S is a Danish (EU)-licensed and regulated bank headquartered in Hellerup (Copenhagen), founded in 1992 by Kim Fournais, that operates as a multi-asset online trading and investment platform serving over 1.5 million clients globally across 13+ jurisdictions in EMEA and APAC. The company runs a dual-platform architecture — SaxoInvestor for retail investors seeking simple portfolio management in stocks, ETFs, mutual funds, and bonds, and SaxoTrader for active and professional traders requiring advanced tools, margin trading, and access to derivatives (options, CFDs, forex, futures, commodities) — both accessed through a single account spanning 40+ global exchanges. Underlying technology includes an OpenAPI for third-party integration, Banking-as-a-Service infrastructure for institutional partners, and a cloud-native stack recognized by CNCF for GitOps and declarative automation.
The business serves three primary customer segments: retail investors, active/professional traders, and institutional partners including External Asset Managers (EAMs), Multi-Family Offices (MFOs), and white-label partners (over 400 institutional partners and 120+ white-label arrangements). Revenue is generated through transaction-based trading commissions (e.g., EUR 2 per Euronext stock trade, USD 1 per US stock trade, EUR 0.75 per EUR stock option contract), recurring platform fees from institutional partners, and usage-based interest income from margin financing and stock lending — with no platform fees, inactivity fees, or minimum initial funding requirements for retail clients. Saxo holds an A- credit rating from S&P Global Ratings and client deposits are protected up to EUR 100,000 via the Danish Guarantee Fund.
In March 2026, J. Safra Sarasin Group completed acquisition of approximately 71% of Saxo Bank for approximately EUR 1.1 billion (adjusted from EUR 1.609 billion following a ~$50 million AML fine by the Danish FSA in January 2026), with founder Kim Fournais retaining ~28% and transitioning to Chairman, and Daniel Belfer (formerly CEO of Bank J. Safra Sarasin) becoming CEO. The combined entities now manage over $460 billion in assets. Client assets under management reached EUR 115 billion (USD 158.8 billion) in early 2026, representing approximately tenfold growth since 2017, while headcount stood at 2,652 across 30+ global locations following the integration.
Saxo Bank firmographics
Firmographics- Name
- Saxo Bank
- Legal name
- Saxo Bank A/S
- Website
- https://home.saxo
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Saxo Bank is a Danish (EU)-licensed bank operating multi-asset online trading and investment platforms (SaxoInvestor and SaxoTrader) serving 1.5M+ retail and professional clients, with EUR 115 billion in client assets, 400+ institutional partners, and 120+ white-label arrangements across 30+ global locations.
- Ownership category
- akta.pro rank
Saxo Bank industry classification
Industry- Product category
- Online Brokerage
- NAICS
- Investment Banking and Securities Intermediation (52315), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Commodity Contracts Brokers & Dealers (6221), National Commercial Banks (6021)
- akta.pro primary industry
- Wealth Lending & Margin / Securities-Backed Lines (Retail) (FSAAAAAN)
Keywords
Where Saxo Bank is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Offices4 records
Markets served
Saxo Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Trading Commissions: Commission-based revenue from trading stocks, options, bonds, and other financial instruments across global exchanges. Low commissions for all asset classes with no platform or inactivity fees.
- Institutional Partner Services: Revenue from institutional clients including EAMs, MFOs, and white-label partners through platform fees and trading commissions. Over 400 institutional partners and 120+ white-label arrangements.
- Stock Lending: Interest earned from stock lending services where customers lend securities to market participants, with interest accrued daily and paid monthly.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Stocks on Euronext exchanges (Amsterdam, Lisbon, Paris) |
| Transaction based/ take rate | Pay-as-you-go | Stocks on Main US exchanges |
| Transaction based/ take rate | Pay-as-you-go | Bonds trading |
| Transaction based/ take rate | Pay-as-you-go | EUR stock options |
| Usage-based | Monthly | Margin Financing |
| Usage-based | Monthly | Stock Lending |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
Saxo Bank product offering
Product offeringCore offering
Saxo Bank is a licensed and regulated Danish bank that operates an online multi-asset trading and investment platform giving retail and professional clients access to global financial markets across stocks, ETFs, mutual funds, bonds, options, CFDs, forex, futures, and commodities via two platforms (SaxoInvestor for simple investing, SaxoTrader for advanced trading). It also delivers Banking-as-a-Service infrastructure, OpenAPI, and white-label technology to more than 400 institutional partners including External Asset Managers, Multi-Family Offices, and other financial institutions.
Product overview
Saxo Bank operates as a multi-asset investment and trading platform with two main platforms: SaxoInvestor (a simple investing platform for beginners) and SaxoTrader (an advanced trading platform for professionals). Both platforms offer access to the same product range including stocks, ETFs, mutual funds, bonds, options, CFDs, forex, futures, and commodities. The company also provides tiered services including Saxo Elite for high-net-worth clients and Professional Status for eligible traders seeking lower margin rates. Additional services include stock lending for earning income on holdings, margin financing accounts, and integration with third-party tools like TradingView. The platform serves over 1.5 million clients globally and manages over EUR 115 billion in client assets.
Differentiator
Problem solved
Functional benefit
Brands
- SaxoTrader: Advanced trading platform with full product range, margin trading, and complex tools. Previously known as SaxoTraderPRO and SaxoTraderGo, now unified under SaxoTrader.
- SaxoInvestor
- Saxo Elite
Products and services
- SaxoInvestor
Quantifiable outcome
- 10x growth in client assets from 2017 to 2026
- +1 more outcomes
Companies that use Saxo Bank
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Saxo Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature5 records
Saxo Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- TradingViewcoreSaxo Bank is available as a broker on TradingView's platform, enabling TradingView users to execute trades through Saxo's infrastructure. The partnership expands Saxo's distribution to TradingView's global user base of active traders.
Scale indicators7 records
Recent moves7 records
Expansion highlights7 records
Saxo Bank competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Saxo Bank social profiles
Digital presenceSaxo Bank compliance and trust
Trust signalCompliance3 records
Saxo Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Saxo Bank leadership team
Management profileNumber of profiles
Profiles6 records
Saxo Bank subsidiaries and ownership
Company hierarchySubsidiaries2 records
Saxo Bank funding detail
Funding detailFunding overview
Funding rounds4 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Saxo Bank M&A and investment
M&A and investmentM&A1 record
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Saxo Bank
What does Saxo Bank do?
Saxo Bank is a licensed and regulated Danish bank that operates an online multi-asset trading and investment platform giving retail and professional clients access to global financial markets across stocks, ETFs, mutual funds, bonds, options, CFDs, forex, futures, and commodities via two platforms (SaxoInvestor for simple investing, SaxoTrader for advanced trading). It also delivers Banking-as-a-Service infrastructure, OpenAPI, and white-label technology to more than 400 institutional partners including External Asset Managers, Multi-Family Offices, and other financial institutions.
Is Saxo Bank a public or private company?
Saxo Bank is a private company. It is classified as corporate owned and is currently operating.
When was Saxo Bank founded?
Saxo Bank was founded in 1992. It employs 1,001 to 5,000 people.
Where is Saxo Bank based?
Saxo Bank is headquartered in Copenhagen, Denmark, in the Europe region.
How does Saxo Bank make money?
Three revenue lines are on record. Trading Commissions are the primary driver. The others are institutional Partner Services and stock Lending.
Does Saxo Bank have an API?
Yes. Saxo Bank offers an OpenAPI with planned changes between March and December 2026, including removing certain functionalities, updating security protocols, and relocating websocket streaming services. The platform also provides third-party tools and APIs for integration, including TradingView connectivity.
What industry is Saxo Bank in?
Saxo Bank's product category is Online Brokerage. Its primary akta.pro industry code is FSAAAAAN, Wealth Lending & Margin / Securities-Backed Lines (Retail). Its NAICS code is 52315 and its SIC code is 6211.