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Multi-asset

Saxo Bank (Binck)

Founded 1992 Headquartered Denmark ✓ Danish FSA · AFM (register, EU-paspoort) · DNB ★ 3.9/5

Saxo Bank (formerly Binck in NL) is a multi-asset broker offering 71,000+ instruments with professional-grade platforms and research tools.

✓ Pros
  • 71,000+ tradeable instruments
  • Professional trading platforms
  • Research tools and analyst reports
  • Multi-asset capability
✗ Cons
  • Service fee 0.01% per month (max €40)
  • Complex for beginners
  • Higher minimum for some features

Fees & costs

Min. deposit
€0
Trading
Euronext-aandelen: 0,08% (min. € 2, max. € 150) op niveau Bronze; 0,05% op Silver, 0,03% op Gold. US-aandelen: 0,08% (min. $ 1, max. $ 150). Maandelijkse AutoInvest-aankopen: € 0 per transactie. Opties EUR: € 0,75 per contract. Forex EUR/USD: indicatieve minimumspread 0,7 pips.
Stock fee
0.08% (min €2, max €150) Euronext, Bronze
Spread
Forex EUR/USD: indicatieve minimumspread 0,7 pips (alle niveaus); Tom/Next-opslag +/-0,65%
Deposits
€ 0
Withdrawals
€ 0
Inactivity
Geen inactiviteitskosten. Geen bewaarloon voor Nederlandse klanten (0%). Wel servicefee 0,01% per maand (max. € 40), terug te krijgen als transactiekostentegoed.

Platforms & features

✓
SaxoTrader (web)
Web-based platform with advanced charting
✓
SaxoTrader (desktop)
Professional desktop platform with full functionality
✓
Mobile App
Full trading on iOS and Android
✓
Multi-Asset Trading
Trade stocks, forex, crypto, options, futures
✓
Research & Analysis
In-depth market research and analysis tools
✓
API Access
Trading API for algorithmic trading

Who this fits best

✓ Active traders✓ advanced_traders✓ multi_asset_investors

Note: service fee 0.01% per month (max €40).

How to use in practice

1.

Multi-Asset Portfolio Management

Manage stocks, bonds, forex, and derivatives all from one professional platform with 71,000+ instruments.

Example

Build a diversified portfolio combining Dutch stocks, US tech shares, corporate bonds, and currency hedges in one account.

2.

Active Forex Trading

Trade 185+ currency pairs with an indicative minimum spread of 0.7 pips on EUR/USD using professional-grade tools.

Example

Trade EUR/USD during market hours using advanced charting and multiple order types on SaxoTrader (desktop).

3.

Options and Futures Trading

Access global derivatives markets for sophisticated hedging and speculative strategies.

Example

Trade options on US stocks or futures contracts on indices and commodities using Saxo's professional platform.

Tips for beginners

  1. 01

    Start with the demo account

    Saxo offers a demo account at no cost with virtual funds (USD 100,000, 20 days). Use it to learn the SaxoTrader (web) platform, practice order placement, and test strategies before committing real capital.

  2. 02

    Begin with the web version before desktop

    SaxoTrader (web) is the web-based platform that's easier to navigate. Master its features before upgrading to the more advanced SaxoTrader desktop application.

  3. 03

    Know the service fee

    Saxo charges no inactivity fee, but a service fee of 0.01% per month (max €40) applies; you can get it back as transaction-cost credit. Consider if the fee structure fits your investment style.

  4. 04

    Use the research and analysis tools

    Saxo provides extensive market research, analyst ratings, and news. Leverage these resources to make informed investment decisions rather than relying solely on external sources.

Account opening steps

  1. 1.

    Online Application

    Complete the online registration form with your personal and financial details

  2. 2.

    Identity Verification

    Upload passport/ID and proof of address for verification

  3. 3.

    Account Approval

    Saxo reviews your application, typically within 1-2 business days

  4. 4.

    Fund Account

    Deposit via iDEAL, bank transfer, or credit card

  5. 5.

    Start Trading

    Access SaxoInvestor or SaxoTrader and start investing

Extended guide

Complete Guide to Investing with Saxo Bank

Getting Started

Opening a Saxo Bank account requires completing an online application with personal and financial details. You'll need to upload your passport or ID card and proof of address. Verification typically takes 1-2 business days. Once approved, fund your account via iDEAL for instant deposits or SEPA bank transfer.

Saxo Bank offers two main platforms: SaxoTrader (web) (web-based) for everyday investors, and SaxoTrader (desktop) (desktop) for professional traders. Start with SaxoTrader (web) to learn the basics before considering the more advanced PRO version.

Key Features and How to Use Them

Multi-Asset Trading: Saxo's strength is its breadth. From one account, access stocks, ETFs, bonds, forex, options, futures, and even cryptocurrencies. Use the asset class filters to navigate between different product types.

Research and Analysis: Access Saxo's in-house research through the platform. This includes market analysis, company reports, technical analysis tools, and an economic calendar. These resources help inform your trading decisions.

Advanced Order Types: Beyond basic market and limit orders, Saxo supports trailing stops, OCO (one-cancels-other), and conditional orders. These are particularly useful for active traders managing risk.

Demo Account: Practice with USD 100,000 in virtual funds (20 days). The demo environment mirrors the live platform, allowing you to test strategies and learn the interface without financial risk.

Tips for Success

Make use of Saxo's educational resources and webinars to deepen your understanding of different asset classes. If you're new to derivatives like options or futures, invest time in learning before trading with real money.

Saxo charges no inactivity fee (€ 0). A service fee of 0.01% per month (max €40) applies, which you get back as transaction-cost credit. If you prefer a buy-and-hold strategy with minimal trading, consider whether the fee structure aligns with your approach. Use the platform's portfolio analysis tools to regularly review your positions and asset allocation.

Kerncijfers met bron

Instrumenten beschikbaar
71.000+
home.saxo/nl 2026-04
NL-aandelen tarief
0,08% (min. € 2, max. € 150), lager bij Silver/Gold
Saxo prijslijst NL (13/07/2026) 2026-10-10
Inactiviteitskosten
Geen inactiviteitskosten
Saxo prijslijst NL (13/07/2026) 2026-10-10
Forex spreads
EUR/USD: indicatieve minimumspread 0,7 pips
Saxo prijslijst NL (13/07/2026) 2026-10-10
Regulering
Saxo Bank A/S onder toezicht van de Deense toezichthouder; ingeschreven in het AFM-register (EU-paspoort); Nederlands bijkantoor onder integriteitstoezicht DNB
DNB-register 2026-10-10

Editorial review

Saxo Bank, the successor to Binck in the Netherlands, is a multi-asset broker for active Dutch investors wanting more than stocks and ETFs. Supervised by the Danish FSA, with its Dutch branch under DNB integrity supervision, it offers 71,000+ instruments across stocks, ETFs, bonds, forex, options, futures, and crypto.

Strengths: professional SaxoTrader (web) platform, research tools, Dutch-language support, monthly AutoInvest purchases at € 0 per transaction (selected funds/ETFs, EUR account), no inactivity fee, and a demo account.

Weaknesses: percentage-based stock fees (0.08%, min €2, max €150 on Euronext at Bronze level), a service fee of 0.01% per month (max €40, refunded as transaction-cost credit), and complexity that intimidates beginners.

Simple ETF investors should use DEGIRO or Trade Republic. Interactive Brokers charges 0.05% (min. €3.00, Fixed) on Dutch stocks; compare price lists for your own trading pattern. Complex derivatives carry high risk — the majority of retail investors lose money.

Frequently asked

Is Saxo Bank the same as Binck?
Yes, Saxo Bank acquired Binck in 2019 and migrated all Binck customers to the Saxo Bank platform. The Binck brand no longer exists.
What are Saxo Bank's trading fees?
Saxo Bank charges 0.08% (min €2, max €150) for Euronext stocks at Bronze level (0.05% Silver, 0.03% Gold), 0.08% (min $1, max $150) for US stocks, and an indicative minimum spread of 0.7 pips on EUR/USD.
Does Saxo Bank have an inactivity fee?
No, Saxo Bank charges no inactivity fee (€ 0). A service fee of 0.01% per month (max €40) applies, which you can get back as transaction-cost credit.
Can I trade crypto on Saxo Bank?
Yes, Saxo Bank offers cryptocurrency trading alongside stocks, forex, and derivatives.
Does Saxo Bank offer a demo account?
Yes, Saxo Bank offers a demo account at no cost (USD 100,000 virtual funds, 20 days) to practice trading before committing real funds.
How many instruments can I trade?
Saxo Bank offers access to over 71,000 instruments across global markets.
Is Saxo Bank regulated?
Saxo Bank A/S is supervised by the Danish FSA (Finanstilsynet); its Dutch branch is under DNB integrity supervision.

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