Saxo Financial Institution Singapore Trading Evaluate

AmyTrader - Saxo Bank is a privately owned corporation. Geely Financials Denmark A/S – a subsidiary of Zhejiang Geely Holding Group Co. Ltd – owns fifty two percent of Saxo Bank. Founder and CEO, Kim Fournais, owns 25.71 percentage of the Bank, while Sampo Plc, a leading Nordic economic services organization, owns 19.nine percentage of the company. Minority shareholders, consisting of modern and previous Bank personnel, keep the ultimate shares.

Founder and CEO, Kim Fournais co-based Saxo Bank in 1992 and we have been one of the first businesses to awareness on leveraging the internet to supply higher funding solutions. When we started out in this journey, our essential belief turned into that the many, as opposed to the few, have to be able to access the sector’s monetary markets in an optimal way.

So essentially they may be the brand new age youngsters in their time in 1990s and now they're backed by means of China Billionaire

Applicable till 30 April 2021 for brand new customers establishing Saxo debts in the course of this promotional duration. SGD 5 for current clients and for new customers after 30 April 2021. Terms and situations apply, click here.

This method there's no min rate til 30 April 2021, they competing with new age brokers like Moomoo & Tiger Brokers

US charges is by means of percent so relies upon on how a good deal you need to shop for. Will do a contrast desk afterward. Bad / Negative reviews simplest as they're frequently the reality!

Google Play StoreBad / Negative Reviews

It took 3 months to open and fund the account. Unfortunately, I didn’t start trading with this app, due to the fact most of the center functions don’t paintings and nobody honestly cares. Support replies within few week, every so often even A MONTH of waiting! Taking the Platinum/VIP status makes no difference. Answers are dumb and useless. So much pressure and misplaced possibilities. The worst stock broking I ever labored with.

Update: now it has troubles connecting to server. once in a while wishes 3-4 mins of retrys. From time to time I get 15 min delayed facts altough I even have subscription for realtime. ought to go out than login once more to have realtime

Scam don’t bother giving them a penny. This app is a comic story, they took my money 5 mins of me beginning an account but its now been over 2 weeks for them to affirm my financial institution information to permit me withdraw my cash. I’ve sent three emails and 3 chats with help and nothing nonetheless. All I need to do is withdraw my so I can use better apps like unfastened dealer.

Customer carrier does no longer exist there. Did no longer fund my account.

They are robbing me off my GME earnings right now, bid: one hundred ninety; ask:5000; ultimate traded:260. do now not accept as true with your money to those crooks

Normal & Hidden charges. Read the first-rate print. It’s no Robin Hood or comparable apps, they rate for the entirety and in case you’re an investor who’s focused on dividends they’ll charge loads for state of no activity. Going to move my stocks to somewhere else. Ridiculous and previous.

Apple App StoreBad / Negative Reviews

Ticket Unresponsive
Raised afew tickets on withdrawal financial institution setup, distinctive is not clean and no person is attending to the request

Unable to withdraw
If i may want to give 0 stars i might. I’ve been looking to withdraw my money for the past week but nevertheless am not able to. I’ve registered my financial institution account for withdrawal, became advised to allow 24 hours. It has been nearly a week and that i still can’t withdraw my money. Email-ed, known as, and sent a couple of aid tickets and not using a reaction. All they did was close my case again and again once more. I don’t recognise if i can ever get my cash, but isn’t this fraud?

Terrible interface, worse service
The interface is truely crap for the everyday dealer and now not remotely nicely tuned for tracking and dealing with your account. The expenses are unduly excessive for this kind of crap platform and the service is woeful – in particular from Edward Tay in Singapore.

Clunky app, finances locked in account, terrible customer support
Just use a exclusive dealer service and save your self the headache.

Won’t allow me withdraw my cash
Since insects happen, I ought to forgive it. Except my request for assist with this has been omitted for over two weeks now. Give me my money again.

High costs and rubbish customer service.
Only use Saxo if your portfolio is £20k+ and every alternate you’re doing is £2000+. Otherwise the charges are ridiculous. Customer guide is awful have been trying to withdraw my cash for 10 days now and there’s no signal of me ever being capable of see it. Use Trading212 or Revolut as an alternative.

Usually, I don’t care about writing opinions, but this I gotta speak out.
I’m no longer even going into info for the honestly terrible customer service who can take DAYS simply to reply to any tickets.Anyway, so, my recommendation? If you need to play a paper account, that’s pleasant. But don’t ever use this app for actual cash, YOU HAVE BEEN WARNED.Well, I desires to interchange to some other stock buying and selling platform because of being an *wink wink* unsatisfied customer for lots of things, bought all my positions, wishing to coins out. That’s in which excrement passed off. The withdrawal failed after 2 days, AND IT GOBBLE UP MY MONEY, I HAVE REDUCED PROFIT EVEN THOUGH THE WITHDRAWAL FAILED. ARE YOU SERIOUS? I don’t surely mind when you have some commission expenses for retreating. WELL, AT LEAST FOR MAKE LOVE SAKE, STATE IT SOMEWHERE. But, to be honest, I still can close a watch on the commission charge. What I in reality can not comprehend is..MAY I KNOW WHERE DID MY MONEY GO AFTER A FAILED TRANSACTION?? ISN’T THIS YOUR FAULT? I HAVE TO PAY FOR A FAILED TRANSACTION? GIVE ME AN ANSWER??That’s all, besides, guys, suppose wisely before you begin on this app for actual money.

Terrible communique, extortionate expenses that they do no longer mention, horrendously lengthy waiting times
Been waiting for my financial institution account to be added for greater than three days now, there may be no manner to contact real help, I even have reopened the case two times now pronouncing that my information had been now not brought but whenever they go back with the same “ Dear Client, Your bank account detail has been saved correctly. Please permit 24 hours for the same to mirror in on line portal. Regards Saxo Bank”. They are vain at assisting and it appears they will just be preserving onto the cash I deposited that I thought I ought to invest. Not to mention that I despatched cash from my financial institution account to attempt to upload it as they advocate, but there's no sign of that money being everywhere. 

Bad app, tiger dealer/ webull is higher
1. Commission is at least 2x extra than other brokers2. Can’t see stay trading, 15 mins at the back of real time (except you pay for it)three. Sell and purchase Order will now not undergo though there may be “premarket” in saxo underneath algo class 4. Transferring money out take days and apparently there may be a huge switch feeWould provide 0 star if feasible and I would in no way propose this broker to my friends.