Saxo Bank
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Saxo Bank A/S is an international investment bank established in 1992 under the name Midas Fondsmæglerselskab. It specializes in online trading and investment across global financial markets. Saxo Bank enables to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives through multi-asset trading platforms: the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoTrader Mobile App. It also offered professional portfolio, fund management and private banking services through Saxo Privatbank, a fully licensed retail bank with branches across Denmark. On 5 February 2018 Saxo Bank agreed to sell the activities of Saxo Privatbank to Alm. Brand Bank A/S for DKK 360 million, corresponding to the net asset value of the acquired activities, with the transfer scheduled for 1 April 2018 subject to approval by the Danish Financial Supervisory Authority and the Danish Competition and Consumer Authority. With more than 2,400 employees as of March 2026, the company has international offices across Europe, Asia, Australia, Africa and South America. In 2010, Saxo Bank launched a new equity platform able to trade in over 11,000 stocks and other products listed on 23 major exchanges worldwide. In 2011, it opened the first branch of Saxo Privatbank and new offices in Hong Kong, Belgium, Panama, Russia and Cyprus. Saxo Bank is privately owned. At an extraordinary general meeting on 13 September 2018 Zhejiang Geely Holding Group and Sampo plc became its principal shareholders, holding 52 per cent and 19.9 per cent respectively, as TPG Capital, Lars Seier Christensen and SinarMas sold their holdings; co-founder Kim Fournais retained 25.71 per cent and Daniel Donghui Li of Geely became chairman. The transaction valued Saxo Bank at EUR 1.325 billion. In March 2026 J. Safra Sarasin Group completed the purchase of approximately 71 per cent of the company from Geely Financials Denmark A/S, Mandatum Group and other minority shareholders, with Kim Fournais retaining approximately 28 per cent. As of June 30, 2017, Saxo Group had total assets of DKK 40.846 billion (US$6.3 billion), assets under management (wealth management) of DKK 13.0 billion and clients' collateral deposits of DKK 98 billion. In March 2026 the group reported more than 1.7 million clients and over 400 partners in total, including more than 150 financial institutional partners, client assets of more than DKK 1 trillion and revenue approaching DKK 5 billion.
Trading Platforms: SaxoTrader, SaxoWebTrader, SaxoMobileTrader. Trading Products: Forex, Forex Options, CFDs & Stocks, Futures, ETFs, ETCs, Online Funds and Bonds.
Headquarters address:
Philip Heymans Allé 15
2900 Hellerup, Denmark
Phone number: +45 39774000
Fax: +45 39774200
Website: www.home.saxo
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E14 5DA, London
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10, rue de la Paix
75 002 Paris
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PO Box 506830
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The Place
1 Sandton Drive, South Wing
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3 Church Street
#30-00 Samsung Hub
Singapore 049483
Saxo Capital Markets HK Ltd
50 Connaught Road,
Agricultural Bank of China Tower
Units 1201-2, 12/F, Central, Hong Kong
Saxo Bank A/S the Netherlands
WTC Amsterdam B-Tower
15th floor Strawinskylaan 1527
1077 XX Amsterdam, Netherlands
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Place de la Fusterie 5 bis
CH-1204, Genève
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