Saxo Bank

2023 - 2 - 26

Post cover
Image courtesy of "FinanceFeeds"

Saxo Bank reports lackluster earnings for 2022 (FinanceFeeds)

Copenhagen-based broker, Saxo Bank reported lower revenues and net income for the fiscal year 2022 as customer trading activity dropped as compared with the ...

They also plan to launch additional products and services to better compete in light of fierce competition in the online trading and investment sector. The cost/income ratio was also positively impacted by lower staff cost and a reduction in administrative expenses and marketing spend. That drop was mainly driven by the decline in the equity market but partly offset by positive net funding from clients.

Post cover
Image courtesy of "Programming Insider"

Let's Talk About How to Buy/Sell on Saxo Bank with Traders Union's ... (Programming Insider)

In order to start trading with Saxo Bank, you must first make a deposit of $2,000. Residents of the Middle East or South Africa will be able to access the ...

The main strategy, Saxo Morningstar Moat, is developed in cooperation with Morningstar and involves investing an amount starting at €30k to form a portfolio of 30 stocks. As you know, there is a protocol where a part of the order can be executed at one price and the rest at another if there is not enough liquidity in the market. At the same time, in order to become a regular client, you will have to fulfil conditions such as building up a deposit up to 500,000 euros, passing an exam on the basics of trading and investing, etc. In order to start trading with Saxo Bank, you must first make a deposit of $2,000. An example of such an instrument is the Euro Stoxx 50 Index mini-futures (VSTOXX). - VIP — with a minimum deposit of $1,000,000.

Explore the last week