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Saxo Bank

Average Customer Rating: (based on 22 reviews)

(2.4 stars vs. 3.3 category average)

Your Rating: (write review)

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Recommendations by Profile:

Casual Trader
8 of 15
53%
Intermediate Trader
2 of 6
33%
Expert Trader
0 of 1
0%
All Traders 10 of 22 45%

Recommendations by Usage Length:

A month or less
1 of 6
17%
1 - 3 months
5 of 10
50%
3 - 6 months
2 of 3
67%
6+ months
2 of 3
67%
All Traders 10 of 22 45%

Characteristics:

Pros:
Solid trading platform, Good transaction reporting
Cons:
Hard to-use platform, Poor customer support, Wide spreads, Poor charting software, Unstable platform, Slow cash withdrawal process

Description:

Forex Trading Firm

Single Review: (view all 22 reviews)

joaob
joaob

Intermediate Trader

Too Complicated Platform

5/18/2010

6 of 6 customers found this helpful (100%)

Pros:
Solid trading platform, Good transaction reporting
Cons:
Hard to-use platform, Poor customer support, Wide spreads, Slow cash withdrawal process
Bottom Line:
No, I would not recommend this to a friend
Quote:
I only had a demo account and to be honest I was pretty impressed by the multiproduct interface... But using it was a real pain...It's too complicated...
The customer support was really poor, the spreads on FX were much too wide and I decided not to go on with this broker
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