Broker check

Is Saxo safe?

Saxo is a broker listed with AMF, ASIC, CONSOB. Our verdict is Strongly Trusted, 9.0 out of 10. Below: what each regulator means for client protection and how to verify.

Strongly Trusted

9.0 / 10

Regulators: AMF, ASIC, CONSOB
FCA: Not listed
Basis: Awaiting re-check
Updated: 18 Jun 2026

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What the verdict means

Saxo is rated "Strongly Trusted". Verdicts come from a fixed, rule-based model applied identically to every entity.

Strongly TrustedThis record
A strong regulatory basis or track record on the evidence we hold.
Trusted
A reasonable regulatory basis or track record on the evidence we hold.
Proceed With Caution
Mixed or thin evidence, often an offshore licence. Check the register yourself.
Avoid
Serious concerns, such as no regulatory basis or a confirmed closure.

Basis: awaiting a live register re-check. See the methodology for sources.

Who regulates Saxo

Listed regulators from our records. Compact rows with register links:

AMF

(AMF)

France

Australian Securities and Investments Commission

(ASIC)

Australia

Major onshore regulatorASIC registers

CONSOB

(CONSOB)

Italy

Financial Conduct Authority

(FCA)

United Kingdom

Major onshore regulatorFCA Financial Services Register

FINMA

(FINMA)

Switzerland

Japan Financial Services Agency

(JFSA)

Japan

Major onshore regulatorJFSA website

Monetary Authority of Singapore

(MAS)

Singapore

Major onshore regulatorMAS Financial Institutions Directory

Securities and Futures Commission

(SFC)

Hong Kong

Major onshore regulatorSFC public register

How to verify this yourself

Take a few minutes to check official registers directly:

01
Open the ASIC registers at asic.gov.au.
02
Search for the firm's name or AFS licence number.
03
Check that the licensed legal entity matches Saxo's account terms and that status is current.
04
Check permissions cover the instruments you plan to trade.

Open the ASIC registers

Alternatives to Saxo

Comparable brokers with an equal or higher score:

City Index

FCA, MAS

Strongly Trusted

9.5 / 10

CMC Markets

CIRO, FCA, FMA

Strongly Trusted

9.5 / 10

Hirose Financial

FCA, JFSA, LFSA

Strongly Trusted

9.5 / 10

Trading212

ASIC, CySEC, FCA

Strongly Trusted

9.5 / 10

Head to head: Saxo vs Trading212, Saxo vs AC Capital Market, Saxo vs Admiral Markets

The record

Public verification fields held for this entity:

Verdict: Strongly Trusted
Score: 9.0 / 10
Regulators listed: AMF (France), ASIC (Australia), CONSOB (Italy), FCA (United Kingdom), FINMA (Switzerland), JFSA (Japan), MAS (Singapore), SFC (Hong Kong)
FCA register: Not listed on the FCA register in our record
FCA warning: None recorded
Record basis: Awaiting a live register re-check
Record updated: 18 Jun 2026

Check the regulator's register before depositing. We take no affiliate commissions from brokers, prop firms or educators, and rated entities cannot be our affiliates. Verdicts are computed from regulator records and are not for sale.

verify.trading provides records and analysis, not investment advice; trading involves significant risk of loss. Absence of a regulatory action is not an endorsement, and absence from a regulator's list is not proof of authorisation.

Saxo: questions answered

Is Saxo regulated?

Our record lists Saxo as regulated by AMF (France), ASIC (Australia), CONSOB (Italy), FCA (United Kingdom), FINMA (Switzerland), JFSA (Japan), MAS (Singapore) and SFC (Hong Kong). Confirm each licence on the regulator's own register, because a listing here is a pointer and not proof.

Is Saxo FCA regulated?

Our record does not show Saxo on the FCA register. Check register.fca.org.uk directly if you need to be sure.

Where is Saxo regulated?

Saxo is listed with AMF (France), ASIC (Australia), CONSOB (Italy), FCA (United Kingdom), FINMA (Switzerland), JFSA (Japan), MAS (Singapore) and SFC (Hong Kong).