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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20.05.2013 15:02
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Mummyz
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Well I think to simply withdraw your money directly to your local bank account the most suited for you is wire bank.. Because using wire bank you can simply withdraw your money directly to your local bank without need to exchange or using any payment processor.. :)
20.05.2013 08:05
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sophielamm
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Man, why dont you use moneybookers or another online service ?
19.05.2013 18:23
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harbir
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you can use the bank wire option to transfer the amount directly into your bank account but it is a very expensive way to transfer money as the minimum fee is 30$ or you can use a credit card.
19.05.2013 18:14
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Tjml
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it is good question, there are a lot factors like your local bank fees, exchange rate etc. wire transfer is used for big money like thousands of dollars, if your profit is less than thousand then it is better to get from a local office, or through online payment processors.
19.05.2013 17:24
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mostafa_mobset
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You should really read the WIKI on Saxo bank, i think saxobank is good it presents a lot of advantages, Saxo Bank attracts brokers, institutions and other potential trading partners.
19.05.2013 03:53
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Anggela
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if you are going to use a local account to withdraw funds you then name and also address must be the same with what you have registered in the broker instaforex this way then you will be able to pull a result of this trade using the local account we are safe sir
17.05.2013 15:40
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kashif ali
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well dear actually you can not do this one , because if you make payment into your trading account from bank wire etc then you can use your account , if you are using other system then they will not allow to you , and 300 usd dollar you can withdraw and need for withdrawal otherwise you can not make request from bank wire system etc ok
17.05.2013 14:41
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azam0101
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I read some replay. But i do not know well about saxobank. Any body intarested it. Pls go to gogle search engine and their are fine more article about saxobank.
16.05.2013 15:14
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kashif ali
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well dear in instaforex there is not nettler and may be you can use this one bank in other sites if they are providing to you and if you wanna use for make payment in online or wanna use in big plaza etc then you can use it and also dear you can use in out of country or in country without own bank account , because you can deposit some dollar in the nettler prepaid card then youcan use it sir otherwise in insta forex this one bank is not allow ok be careful .
16.05.2013 14:42
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kashif ali
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well dear it is very good question from you because it is only bank for exchange and also it is only for sending and receiving money from other sites and also from trading account etc because LR only is providing to us for sending and receiving money and also LR provide us exchange money with those exchangers who are involve in LR and we can use it and also we can get our money with our own country currency ok