SAXO MARKETS-Some important Details about This Broker

WikiFX | 2022-08-05 18:17

Abstract：SAXO MARKETS is an online forex broker registered in Cyprus, with the company behind it called SAXO BANK SCHWEIZ AG, offering forex and CFD related trading services. Since this brokerages website cannot be opened, we could only get minimal information.

Unavailable Official Website

Since SAXO MARKETSs official website is temporarily down for the moment, we could only piece together this brokerage through gathering some relevant information from other websites.

General Information

SAXO MARKETS is an online forex broker registered in Cyprus, with the company behind it called SAXO BANK SCHWEIZ AG, offering forex and CFD related trading services. Since this brokerages website cannot be opened, we could only get minimal information.

Please note, according to WikiFX, this brokerage is not subject to any regulation, and it only got a low score of 1.34 based on its five index, namely License, Business, Risk Management, Software, and Regulatory. Although this alone does not mean that SAXO MARKETS is a scam, investors are strongly recommended to take extra vigilance when trading with this brokerage.

Customer Reviews

We found some negative user reviews on SAXO MARKETS. Some trader said this brokerage is a fraud one, and blocked his account, rejected his withdrawal request. Therefore, it is quite important to check out some reviews left by other traders to get to know a brokerage comprehensively before choosing one.

Contact Information

Channels to get in touch with SAXO MARKETS cannot be found anywhere, which a red sign. If tarders have any trading-related problems and lost connection to their brokerage, it is probably defrauded by the forex broker, and their money will never be recovered

Forex trading Forex Broker

Related broker

No Regulation

SAXO MARKETS

Company name：SAXO BANK SCHWEIZ AG

Score

1.53

Website：http://www.saxofore.com/en/

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.53

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