Saxo Bank

Saxo Bank

On-line since: 1999
Country of origin: Denmark
Regulation: Saxo Bank is an officially registered European bank.
Payment options: Wire transfer
Minimum account size: $2,000
Minimum lot size: 1 lot
Leverage: 1:100
Spreads: 2 pips on EUR/USD

SaxoBank was founded in 1992 by the Danish businessman. Originally the Company was called Midas, but it was changed to SaxoBank at the time the bank obtained its European license for banking in 2001.
SaxoBank specializes in online investments at the international capital markets and provides its clients with opportunity to trade with the wide range of financial tools, such as currencies, contracts for difference, futures, options and other derivatives, the Bank renders services on trust management also.
The trading is carried out online with the help of SaxoTrader program, which is the proprietary of the Bank.
The thousands of investors and traders from more than 100 countries of the world are clients of the Bank. The client servicing is conducted from the Headquarters of the Bank in Copenhagen, and also from 12 offices, situated in the largest cities of the world.


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19.06.2013 18:42
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MT5 Addict
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you can find local transfer option in banners broker withdrawal payment processor list.but for bank wire withdraw in pakistan first you need to deposit money then you able to withdraw via this payment process.but on profit of forum bonus you can use any desired payment processor.
19.06.2013 16:14
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MT5 Addict
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This is only advisable if you are going to withdraw more than $1000 due to the high bank wire fees that reach up to $35 depending on the location where the money is going to be transferred, in addition to that the your local bank may also charge you with their service fees + exchange rate deduction.
19.06.2013 08:48
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My pips hand is weak
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Thanks for sharing it to us ..I am just a new trader to here and learning about these by these Forum...I think your option will be helpful for us... I am not withdrawing in any local bank but if it then it will be most secure for us...
19.06.2013 06:20
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FX Zombie
Join Date: 23.10.2012
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I think you should use Bank wire even that the fees is high enough in my opinion,but in my country here i could join local broker and i could withdraw directly to my bank local account in fast and low fees too
19.06.2013 03:24
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FX Vampire
Join Date: 03.01.2013
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This has been my question since last week and finally i got my answer yesterday when i contacted the stuff member. They give me a link from where i can request the payment giving my details of bank account and the fees is 4.5% which is bit high but its better than these processors.
18.06.2013 13:17
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MT5 Veteran
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if you are planning to do this , than you should not do this , coz if you might , than you will have to pay a good amount of the moneyf or this , so better to avoid this and use the moneybookers.
18.06.2013 13:06
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Who said that you can use this , whatever comes to your mind you guys put this here on this forum , i think we should only discuss those which are supported by the instaforex and not everysingle one.
18.06.2013 13:04
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Is there any one try NSGB BANK in Egypt :):):) Look this must be your local bank how come we would know about this bank the nsgb , so do not talk about this , and if you want to bank wire than you need to first of all contact to your bank .
18.06.2013 12:54
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You cannot do this , coz first even if liberty was alive this option was not there and if liberty reserve is not alive now so no need to discuss about this situation at all , man liberty is now dead .
18.06.2013 12:31
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MT5 Veteran
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i will not support this coz this is the most expensice and slow method around and it take much of the time and must of the money s well , so better not to use the bank wire at all and will be fine .