Secure online trading
Saxo Bank A/S is a fully licensed and regulated European bank. Saxo Bank A/S is subject to stringent financial reporting requirements under EU directives and specific regulations regarding client handling.
The European Investment Directive was introduced in 1996, and on 2 May that year, Saxo Bank A/S (then known as Midas) became the first broker in Denmark to gain approval under this directive. In June 2001, the Danish Financial Supervisory Authority approved a banking licence and the company officially became Saxo Bank A/S.
Saxo Bank ownership
The majority of Saxo Bank A/S shares are held jointly by the two founders Kim Fournais and Lars Seier Christensen. Another major shareholder is a global private equity investment firm. The remaining shares are held by a number of minority shareholders.
License and regulation details
Saxo Bank A/S is incorporated in Denmark as a licensed bank (license no. 1149) and is regulated – along with Saxo Bank A/S London, and Saxo Bank A/S Sucursal en España, Saxo Bank A/S Italy, Saxo Bank A/S Czech Republic, Saxo Bank A/S Netherlands, and, Saxo Bank A/S Greece, – by the Danish Financial Supervisory Authority (FSA) - Finanstilsynet, Århusgade 110, 2100, København Ø. Further details regarding the Danish FSA and Bank A/S's license may be viewed at www.ftnet.dk. As a member of the European Union, Denmark has incorporated the EU Banking and Investment Directives into Danish law.
Saxo Capital Markets UK Ltd. London is registered by the Financial Services Authority (Registration Number FC026688).
Saxo Bank A/S Sucursal en España is registered by the Banco de España (Registration Number 1510).
Saxo Bank A/S Italy is registered by the Bank of Italy (Registration Number: 5720).
Saxo Bank A/S Czech Republic is registered by the Czech National Bank (Registration Number: 28949587).
Saxo Bank A/S Netherlands is registered by the Bank of the Netherlands (Registration Number: 34357130).
Saxo Bank A/S Greece is registered by the Bank of Greece (Registration Number: 112).
Saxo Bank A/S Representative Office in Australia is licensed as a Representative Office by Australian Securities and Investment Commission and Australia Prudential Regulatory Authority (Registration Number: ARBN: 109605610).
Saxo Capital Markets Pte. Ltd. Singapore is licensed as a Capital Market Services provider and an Exempt Financial Advisor, and is supervised by the Monetary Authority of Singapore. Co. (Registration Number: 200601141M).
Saxo Bank (Switzerland) AG is a licensed bank regulated by the Swiss Federal Banking Commission (Registration Number CH-660-0511991-1).
Saxo Banque (France) SAS is licensed as a Credit Institution by the Bank of France (Registration Number: 483632501 R.C.S. Paris).
Saxo Bank Dubai Ltd is licensed by the Dubai Financial Services Authority as a Category 4 financial services firm (Registration number: CL0820).
Saxo Bank FX K.K. is licensed by the Japanese Financial Services Agency (Registration Number: 239)
Saxo Capital Markets South Africa (PTY) Ltd. is registered by the Financial Services Board (Registration Number 40983).
Saxo Capital Markets Hong Kong Ltd. is registered by the Securities and Futures Commission in Hong Kong (Registration Number 1395901).
Saxo Bank A/S Representative Office in Moskva, Russia is licensed as a Representative Office by the Federal Financial Markets Service (Registration Number: 892)
Saxo Bank (Belgium) is licensed as a Credit Institution by the National Bank of Belgium (Registration Number: 837 752 574).
Saxo Privatbank A/S is licensed as a Bank by the Danish Financial Supervisory Authority (Registration Number: 9695).
Global Evolution Fondsmæglerselskab A/S is licensed as an investment firm by the Danish Financial Supervisory Authority (FSA) (FSA Registration Number: 8193).
Fondsmæglerselskabet Sirius Kapitalforvaltning A/S is licensed as an investment firm by the Danish Financial Supervisory Authority (FSA) (FSA Registration Number: 8183).
Capital Four Management Fondsmæglerselskab A/S is licensed as an investment firm by the Danish Financial Supervisory Authority (FSA) (FSA Registration Number: 8187).
FT World Ltd – is licensed and regulated by the Cyprus Securities and Exchange Commission – (License No. CIF 163/12)
Statements from the Danish Financial Supervisory Authority
The Danish Financial Supervisory Authority (Finanstilsynet, or FSA) conducts regular inspections of banks and mortgage institutions in Denmark and subsequently issues statements on these inspections. You can read the statements regarding Saxo Bank, and the Bank’s comments, by clicking on the link below (only available in Danish).
Statements from the Danish Financial Supervisory Authority regarding Saxo Bank