Saxo
Saxo Bank Hits 1.5 Million Clients Following DKK 800 Billion Assets Last Year
- In 2024, Saxo Bank’s profit rose 287% from the year before.
- The firm expands operations in France and the UK, launching PartnerConnect and attracting younger, female investors.
Tuesday, 02/12/2025 | 10:44 GMT by
Tareq Sikder
Why Retail Traders Trust the Wall Street More Than Their Own Stock Markets: Saxo Survey
- Retail traders favor international equities over domestic stocks, with North America and Asia-Pacific drawing the most interest.
- The survey of nearly 2,000 Saxo’s clients reveals age and gender splits in market outlook, with AI adoption reaching the majority of respondents.
Wednesday, 08/10/2025 | 07:58 GMT by
Damian Chmiel
Danish Trading Giant Saxo Joins Forces With The UK Platform Rivals
- The retail brokerage becomes the latest member of the year-old Platforms Association as the fintech sector seeks a unified regulatory voice.
- The move comes as Saxo reports a 132% jump in new global clients amid pricing overhaul.
Thursday, 04/09/2025 | 08:01 GMT by
Damian Chmiel
Saxo Bank Launches Fractional Shares Trading in Singapore
- Customers of the broker in the city-state can trade fractional units on over 1,000 instruments across multiple asset classes.
- Several other brokers have also introduced similar fractional share trading services.
Tuesday, 10/06/2025 | 07:14 GMT by
Arnab Shome
Saxo Appoints Former Plus500 and Alpari Executive as UK Head of Compliance
- Michelle West previously worked at major institutions including Bank of America and ABN AMRO.
- The hire coincides with new retail features, including a Flexible ISA and revised pricing model.
Wednesday, 07/05/2025 | 09:36 GMT by
Tareq Sikder
Saxo Unveils Fee-Free Flexible ISA as Demand Skyrockets 600%
- The company has launched a new Flexible ISA after experiencing a six-fold surge in demand for its stocks and shares ISA in early 2025.
- The product allows investors to withdraw and replace funds without affecting their £20,000 annual tax-free allowance.
Wednesday, 16/04/2025 | 09:23 GMT by
Damian Chmiel
Saxo Bank Anticipates Negative Impact on 2025 Revenue Following Restructuring
- The trading platform has reduced the number of countries from which it onboarded clients.
- It has also closed its offices in Shanghai and Hong Kong and sold most of its Australian business.
Wednesday, 05/03/2025 | 07:35 GMT by
Arnab Shome
Saxo Bank Client Base Jumps 132% After Fee Cut, Women Lead Surge
- The number of female clients tripled, and the participation from younger investors under 25 visibly increased.
- As the broker claims, it's all due to the pricing strategy change introduced a year ago.
Monday, 24/02/2025 | 10:06 GMT by
Damian Chmiel
Saxo Bank Fined €1.6 Million for Violations by Now-Merged BinckBank
- BinckBank failed to comply with asset segregation rules, risk management standards, and fair treatment of customers.
- Saxo Bank, as the “legal successor of BinckBank,” has been held responsible for these violations.
Tuesday, 07/01/2025 | 12:04 GMT by
Arnab Shome
Crypto Market to Reach $10T, USD to Drop 30% against Gold: Saxo’s “Outrageous Prediction”
- The “Outrageous Predictions” are highly unlikely to happen, but sometimes they come true.
- Saxo accurately predicted the rise of Bitcoin and Brexit, among other events.
Wednesday, 04/12/2024 | 08:10 GMT by
Arnab Shome
Saxo and novobanco Collaborate to Drive Digital Investment Access in Portugal
- The collaboration improves novobanco’s services with advanced trading and analytical tools.
- Portuguese investors are seeking digital solutions with diverse investment options.
Friday, 22/11/2024 | 12:19 GMT by
Tareq Sikder
Saxo Bank Splits Adam Reynolds’ Role after His Exit: Names Two Successors
- Reynolds, who previously held the role of APAC and Singapore CEO at Saxo, stepped down recently.
- Now, Damian Hitchen is appointed as Regional Head of APAC and MENA, and Mahesh Sethuraman as the Singapore CEO.
Tuesday, 12/11/2024 | 07:36 GMT by
Arnab Shome
Q3 Stock Market Sentiment: Young Investors Are Bullish, but Veterans Remain Bearish
- 59 percent of investors in the age group 18-35 years think that the market will move up.
- On the other hand, 25 percent of investors in the 75+ years demographic think that the market will tumble.
Monday, 01/07/2024 | 04:38 GMT by
Arnab Shome
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