FREE DEMO
Saxo Bank Free Demo Account
Practise on a Saxo Bank demo account with virtual funds before you deposit anything.
Saxo Bank Promo Codes, Deals & Offers
Danish FSA and FCA-regulated forex and CFD broker with spreads from 0.7 pips and a $0 minimum deposit.
Founded 1992Hellerup, DenmarkDanish FSA, FCA, ASIC, FINMA, MAS, JFSA, SFC Hong Kong, DFSA, AMF/ACPR, other European regulators
Visit Saxo Bank (opens in a new tab)1 live offer
Saxo Bank does not have a promo code we have verified at the moment, and we do not publish codes we cannot confirm. The standing saving is the free demo account, which costs nothing and is the sensible first step. This page is updated whenever an offer changes, so it is the place to check before you open an account.
Saxo Bank Deals & Coupon Codes
Saxo Bank Free Demo Account
Saxo Bank offers a free demo account. It is the cheapest way to test the platform, spreads and execution before any promotion matters, because it costs nothing and does not commit you to a deposit.
How to Use a Saxo Bank Promo Code
- Reveal the code. Click "Show coupon code" on a card above. The code is revealed, copied to your clipboard, and Saxo Bank opens in a new tab while this page stays open.
- Register or sign in. Open the account type the offer applies to, under the entity that serves your country.
- Paste the code at checkout. Enter it in the promo, coupon or partner-code field before you confirm payment or complete your first deposit. The saving should show in the total; if it does not, the code may have expired or may not apply to that option, and you can tell us so we can fix the listing.
- No code? Offers marked "No code required" are applied automatically when you arrive through the link. Free demos and trials never need a code.
About Saxo Bank
Saxo Bank is a forex and CFD broker founded in 1992 and headquartered in Hellerup, Denmark. It is regulated by Danish FSA, FCA, ASIC, FINMA, MAS, JFSA, SFC Hong Kong, DFSA, AMF/ACPR and other European regulators, which is the first thing worth checking before any promotion, because a licence decides what protection your money has and what kind of offers the broker is even allowed to run. The operating company is Saxo Bank A/S.
Spreads start from 0.7 pips, with commission of $0 on spot forex on the raw or commission-based accounts. The minimum deposit is $0. Leverage goes up to 1:30 retail, which depends on the entity you sign up with and the rules of your regulator. Markets on offer cover forex, fx options, stocks, etfs, bonds, mutual funds, cfds, futures, listed options, commodities, crypto etps, around 71,000+ instruments in total.
Trading runs on SaxoInvestor, SaxoTrader, SaxoTraderPRO, TradingView. Account types include Classic, Platinum, VIP, Professional, Corporate and 2 more. A free demo account is offered, which is the cheapest way to test the platform before any promotion matters.
Deposits can be made by bank transfer, credit/debit card and portfolio transfer. Support is available 24/5 by phone, support ticket, platform chat/help centre.
Because Saxo Bank holds a licence from a regulator that restricts retail incentives, do not expect deposit bonuses or cash rewards under that entity. The offers you will usually find are the free demo account, occasional fee or commission promotions, and referral programmes, and any bonus that does appear will come from a different entity in the same group aimed at clients outside those rules.
- Founded
- 1992
- Headquarters
- Hellerup, Denmark
- Regulation
- Danish FSA, FCA, ASIC, FINMA, MAS, JFSA, SFC Hong Kong, DFSA, AMF/ACPR, other European regulators
- Legal entity
- Saxo Bank A/S
- Negative balance protection
- Yes, retail clients
- Client money segregated
- Yes
Saxo Bank Account & Pricing Information
| Feature | Details |
|---|---|
| Minimum deposit | $0 |
| Spread from | 0.7 pips |
| Average EUR/USD spread | Approx. 1.0 pip, Classic |
| Commission | $0 on spot forex |
| Maximum leverage | 1:30 retail |
| Account types | Classic, Platinum, VIP, Professional, Corporate, Joint and 1 more |
| Platforms | SaxoInvestor, SaxoTrader, SaxoTraderPRO, TradingView |
| Demo account | Yes |
| Islamic account | No |
| Markets | Forex, FX Options, Stocks, ETFs, Bonds, Mutual Funds, CFDs, Futures, Listed Options, Commodities, Crypto ETPs |
| Deposit methods | Bank transfer, credit/debit card and portfolio transfer |
Figures are the provider's published terms at the time of our last check and can change; the provider's own site is the final word.
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Frequently Asked Questions
Does Saxo Bank have a promo code?
Not at the moment. Saxo Bank is not running a promo code we have been able to verify. The free demo account is free and is the best current saving. When a code is issued it will appear here.
Does Saxo Bank offer a free demo account?
Yes. Saxo Bank offers a free demo account, which lets you test the platform with virtual funds before depositing.
Does Saxo Bank offer bonuses?
Not as a rule. Saxo Bank holds a licence from a regulator that restricts retail incentives, so do not expect deposit bonuses or cash rewards under that entity. The free demo and any fee promotions are the offers to look for.
What is the Saxo Bank minimum deposit?
The minimum deposit at Saxo Bank is $0. It can differ by account type and by the entity you register with, so confirm it on the account page before funding.
How do I use a Saxo Bank promo code?
Click "Show coupon code" on the card. The code is revealed and copied to your clipboard, and Saxo Bank opens in a new tab. Register or sign in, and enter the code where the broker asks for a promo or partner code during registration or deposit. The discount shows in the total before you confirm.
Are Saxo Bank promotions available worldwide?
Not always. Offers depend on the Saxo Bank entity that serves your country, and brokers regulated in Australia, the UK and the EU are not allowed to give retail clients bonuses. Free demo accounts are generally available everywhere the broker accepts clients.
Trading forex, CFDs and other leveraged products involves significant risk and you can lose more than your initial deposit. FrugalFX provides general information only and does not provide investment advice. Offers are the provider's; check the terms on its site before relying on them.