Saxo Bank A/S branch in Finland products, services and reviews

About Saxo Bank A/S branch in Finland

Saxo Bank A/S operates in Finland through its branch Saxo Bank A/S, Suomen sivuliike, providing multi-asset brokerage and investment services to retail and professional clients. The branch is passported from Denmark and falls under the home supervision of Finanstilsynet (Danish FSA) while being registered with Finanssivalvonta (FIN-FSA) for local conduct; client cash and assets are safeguarded under Danish rules, with coverage from the Danish Guarantee Fund for Depositors and Investors in line with EU directives (deposits typically up to EUR 100,000 and investor-compensation up to EUR 20,000, subject to scheme terms and exclusions). The offering covers listed equities (including Nasdaq Helsinki), ETFs, bonds, futures, options, FX and CFDs, plus access to exchange-traded crypto ETPs; it is a brokerage-focused service rather than day-to-day banking, with no cash counters, cards, or current-account features. Trading is delivered via SaxoTraderGO (web/mobile), SaxoTraderPRO (desktop) and an open API, with standard and advanced order types, market data available on a delayed basis by default and optional paid real-time exchange subscriptions. Pricing is published by exchange and client tier (Classic/Platinum/VIP) and typically combines exchange-specific stock/ETF commissions, FX and CFD spreads, overnight financing for leveraged positions, currency conversion mark-ups when trading in non-base currencies, and a custody fee on certain instruments; there is no inactivity fee, but additional charges may apply for corporate actions, data, and other services. For FX and many CFDs Saxo acts as principal counterparty, while listed instruments are routed to exchanges or liquidity venues under its order execution policy. Accounts can be opened online with remote KYC/AML checks; EUR is available as a base currency, funding is usually via bank transfer (SEPA for EUR), and withdrawals are returned to the verified source; third‑party funding and cash deposits are not accepted. Retail clients receive negative balance protection for CFD trading under ESMA rules (not a guarantee across all products), and margin requirements, instrument availability and shorting permissions vary by market. The Finnish website and support channels provide service in Finnish and English, with trading support during market hours (24/5 for many markets); the firm supplies statements and tax reports, but it does not act as a Finnish tax agent, so clients remain responsible for local tax filings. Prospective users should review the terms of business, risk disclosures, fee schedules, market data agreements and the order execution policy on Saxo’s official site before opening an account.