SaxoTrader 2 Review
Aug 12th, 2007 by OQ in PC Softwares
Saxo Bank enables clients to trade forex currencies, shares, CFD contracts, futures, options and other derivatives as well as portfolio management via their online trading platform - SaxoTrader 2. SaxoTrader 2 has been internally developed by Saxo Bank and is available to investors directly through Saxo Bank or through one of their white-labelled partners (usually other banks and brokerages). These partners include E-Trade, Synthesis Bank, and an American partner, Rosenthal Collins, and Sonray Capital Markets in Australia, to name but a few. They have, in fact over sixty partners globally of whom, currently, twelve are in Asia. ...Saxobank Trader Highlights:
* Year of Company's Foundation: Founded in 1992.
* Website Address: http://www.saxobank.com and http://www.saxobank.co.uk.
* Headquartered: Copenhagen (Denmark).
* Products Offered: Futures, Options, CFD's, Equities, Forex.
* 24 Hour Customer Service: Yes.
* CFDs: 10%.
* Commissions: Yes.
* Currencies Available For Trade: Saxo offers over 100 FX currency crosses.
* Demo Available: Yes.
* Encryption: Yes.
* Interest: Positive Net Free Equity between USD 15,001- USD 100,000 will be paid interest at LIBID minus 3% on the full amount. Positive Net Free Equity exceeding USD 100,000 will be paid interest at LIBID minus 2% on the full amount. Negative Net Free Equity will be charged interest at LIBOR plus 3%. Interest is calculated daily and settled monthly.
* Language Support: English, French, German, Danish, Italian, Russian, Spanish, Portuguese, Chinese, Japanese, Korean, Arabic, Hebrew, Polish, Greek, Dutch/Flemish.
* Margin Requirement/Leverage: FX products 2-4%.
* Mini Forex Account: No.
* Minimum Initial Deposit: $10,000 USD.
* Products: Forex, Forex Options, CFDs, Futures, Equities, Managed Funds & Stocks Regulated by Danish Guarantee Fund For Investors.
* Regulatory Restrictions: US investors can only utilize Forex spot, Forex OTC options, Saxo Bank Managed FX funds, spot gold and silver.
* Spreads: Low as 2 pips.
* ...
Via: Financial Spread Betting.
Developer: Saxo Bank.
