BinckBank
BinckBank, founded in 2000 and acquired by Saxo Bank A/S in 2019, is the Dutch online brokerage brand operating SaxoInvestor and SaxoTrader platforms for retail and active investors across Europe under a regulated Danish banking licence.
- Company typePublic
- Founded2000
- HeadquartersAmsterdam, Netherlands
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What BinckBank does
BinckBank is a Dutch online brokerage founded in 2000, historically positioned as the independent Dutch online bank for retail investors in the Netherlands and Belgium. Following its 2019 acquisition by Danish online bank Saxo Bank A/S, BinckBank was integrated into Saxo's European brokerage franchise and now operates as a wholly-owned subsidiary; the binck.com domain redirects to Saxo's platforms. The business delivers trading and investment services through two proprietary platforms under a single login: SaxoInvestor, a simplified interface covering stocks, ETFs, mutual funds, and bonds for portfolio investors, and SaxoTrader, an advanced platform offering margin trading, options, CFDs, forex, futures, and commodities with customisable multi-screen desktop functionality. Customisable multi-screen desktop apps, stock lending, and third-party integrations (TradingView) round out the technology stack.
The business monetises through transaction-based revenue streams: per-trade commissions (e.g., EUR 2 on Euronext equities, USD 1 on US equities, EUR 0.75 per EUR stock option contract), margin interest income, stock-lending revenue share, and CFD/forex spreads. No platform or inactivity fees are charged and no minimum funding is required, supporting a product-led growth motion aimed at cost-conscious active traders. Marketing and distribution run through digital channels — the corporate website, a market-insights portal, social media, a 4.7 TrustPilot-rated brand, and BrokerChooser recognition as Best Trading Platform 2026 — alongside a self-service account opening and demo-account funnel. The customer base spans retail investors, professional/active traders, corporate accounts, and joint accounts, served under a regulated banking licence with an A- S&P credit rating and EUR 100,000 deposit protection via the Danish Guarantee Fund.
BinckBank firmographics
Firmographics- Name
- BinckBank
- Legal name
- BinckBank N.V.
- Website
- https://binck.com
- Company type
- Public
- Founded year
- 2000
- Operating status
- Acquired
- Headcount range
- 501–1,000 employees
- Short description
- BinckBank, founded in 2000 and acquired by Saxo Bank A/S in 2019, is the Dutch online brokerage brand operating SaxoInvestor and SaxoTrader platforms for retail and active investors across Europe under a regulated Danish banking licence.
- Ownership category
- akta.pro rank
Where BinckBank is headquartered
LocationHeadquarters
- HQ city
- Amsterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
BinckBank business model
Business model- GTM type
- 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 activities across multiple asset classes including stocks, bonds, options, and other instruments. Commission rates vary by exchange and product type.
- Margin Trading Interest: Interest income generated from margin loans provided to retail and professional traders for leveraged positions.
- Stock Lending: Revenue share from lending client securities (stocks and ETFs) to institutional borrowers based on market demand.
- CFD and Forex Spreads: Revenue generated from spreads on CFD and forex products traded by clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Per transaction | European Stocks - Euronext exchanges |
| Unit Pricing | Per transaction | US Stocks - Main US exchanges |
| Unit Pricing | Per transaction | Bonds Trading |
| Unit Pricing | Per transaction | EUR Stock Options |
| Hybrid | Annual | Saxo Elite - Premium Account Tier |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
BinckBank product offering
Product offeringCore offering
BinckBank, operating as part of Saxo Bank Group following its 2019 acquisition, is an online bank and investment services provider offering retail and professional clients multi-asset trading access through two proprietary platforms—SaxoInvestor for simple investing and SaxoTrader for advanced trading—covering stocks, ETFs, mutual funds, bonds, options, CFDs, forex, futures, and commodities under a single account with a banking license.
Product overview
BinckBank (operated through Saxo Bank A/S) offers two interconnected trading and investing platforms: SaxoInvestor for simple investing with essential tools covering stocks, ETFs, mutual funds, bonds, options, CFDs, forex, futures, and commodities; and SaxoTrader for advanced traders requiring full product access, margin trading, and complex tools. One login provides access to both platforms with seamless switching between them.
Differentiator
Problem solved
Functional benefit
Products and services
- SaxoInvestor Simple investing platform offering retail investors access to stocks, ETFs, mutual funds, bonds, options, CFDs, forex, futures, and commodities with essential portfolio management tools, accessed through one login shared with SaxoTrader.
- SaxoTrader Advanced trading platform providing professional and active traders with access to the full product range, margin trading, complex order tools, and multi-asset coverage under one account.
- SaxoTrader Desktop Customisable multi-screen desktop application with extra features for professional traders requiring advanced trading functionality.
- Stock Lending Program Service that enables clients to earn potential extra income by lending stocks and ETFs to institutional borrowers based on market demand, with the broker sharing in the revenue generated.
- Saxo Elite Premium Tier Premium account tier offering exclusive service with lower fees and better service for clients with high trading volumes or significant investable assets, accessible through the Saxo Rewards program based on trading activity.
Quantifiable outcome
- EUR 115 billion in client assets under management
- +2 more outcomes
Companies that use BinckBank
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles2 records
BinckBank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
BinckBank partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
BinckBank competitors and assessment
Company assessmentDirect peers
- Trading 212: Trading 212 is a commission-free European retail broker offering stocks, ETFs, CFDs, and forex via a self-serve platform, directly competing with BinckBank on price and product range.
- eToro: eToro is a multi-asset retail trading platform offering stocks, ETFs, CFDs, and forex, with a strong European presence, comparable to BinckBank in product breadth and self-service onboarding.
- Swissquote: Swissquote is a Swiss bank and online broker offering multi-asset trading, banking services, and research tools, comparable to BinckBank in combining a banking license with securities trading.
- DEGIRO: DEGIRO is a leading low-cost European online broker serving retail and professional investors with multi-asset access, directly comparable to BinckBank's positioning, customer base, and pricing model.
- Interactive Brokers: Interactive Brokers is a global multi-asset online broker serving active and professional traders with low commissions, advanced tools, and broad market access, closely mirroring BinckBank's SaxoTrader offering.
- Saxo Bank A/S: Saxo Bank is the parent of BinckBank and operates the same SaxoInvestor and SaxoTrader platforms that BinckBank offers. It is the most direct peer given product, technology, and customer overlap.
- Admirals (Admiral Markets): Admirals is a European online broker offering multi-asset trading including forex, CFDs, stocks, and ETFs, with comparable customer base and product mix to BinckBank.
Emerging players
- Robinhood: Robinhood is a leading commission-free retail brokerage that has set the zero-fee pricing benchmark in the industry, indirectly competing with BinckBank on pricing and digital onboarding.
Broad incumbents
- IG Group: IG Group is a large established global multi-asset broker with strong derivatives and CFD offerings, competing with BinckBank in active-trader and professional segments but with broader geographic and product reach.
- Plus500: Plus500 is a publicly listed global CFD-focused online broker with self-serve platforms, competing with BinckBank's CFD/forex revenue stream though with a narrower product set.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
BinckBank social profiles
Digital presenceBinckBank compliance and trust
Trust signalCompliance2 records
BinckBank financial estimates
Financial estimateRevenue estimate
Valuation estimate
BinckBank leadership team
Management profileNumber of profiles
Profiles2 records
BinckBank funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BinckBank M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BinckBank
What does BinckBank do?
BinckBank, operating as part of Saxo Bank Group following its 2019 acquisition, is an online bank and investment services provider offering retail and professional clients multi-asset trading access through two proprietary platforms—SaxoInvestor for simple investing and SaxoTrader for advanced trading—covering stocks, ETFs, mutual funds, bonds, options, CFDs, forex, futures, and commodities under a single account with a banking license.
Is BinckBank a public or private company?
BinckBank is a public company. It is classified as corporate owned and is currently acquired.
When was BinckBank founded?
BinckBank was founded in 2000. It employs 501 to 1,000 people.
Where is BinckBank based?
BinckBank is headquartered in Amsterdam, Netherlands, in the Europe region.
How does BinckBank make money?
Four revenue lines are on record. Trading Commissions are the primary driver. The others are margin Trading Interest, stock Lending and CFD and Forex Spreads.
Who are BinckBank's main competitors?
Direct peers on record are Trading 212, eToro, Swissquote, DEGIRO, Interactive Brokers, Saxo Bank A/S and Admirals (Admiral Markets). Robinhood is listed as an emerging player. Broad incumbents are IG Group and Plus500.
Does BinckBank have an API?
No public API is recorded for BinckBank.