Forex trading has gain wings with the expansion of markets globally. Unlike in previous times, today billions of money is traded online for Forex Trading daily. Nowadays you need not go to banks or companies office for your trading transactions because Forex trading can be performed online via desktop, web downloading, and mobile app and or by performing your transaction on your company’s website by logging into your account without downloading it.
Today Forex trading has become very simple, easy and transparent. Like always, Forex trading has been a market of fascination for the traders and now with the existence of transparency and online trading round the clock more and more traders are getting involved day after day into Forex trading. The biggest attraction into Forex trading is the higher liquidity that it ensures the trader as he can buy or sell any currency pair at any given time.
Saxo Capital Markets Trading is a part of Saxo Bank, which was established by a Danish businessperson in 1992. In the beginning, he had named it as Midas, later it was named as Saxo Bank. Saxo Capital Markets since 2001 specialises in offering an opportunity to its customers to invest in international capital markets. Saxo Capital Markets also claims to provide its customers an opportunity to trade with excellent and wide range of trading tools such as Forex trading, contracts for difference, futures, options and many others. Saxo Trader, the proprietary of the Saxo Bank is responsible for carrying out all the online trading services.
Saxo platform is very handy, easy and simple to be used. You can carry Saxo Platform wherever you move and wherever you are. With one single Saxo platform, you can trade through your PC, Tablet or smartphone. Saxo Trader Go, Saxo Web Trader and Saxo Trader are some of the major products of Saxo Capital Markets that can be used for your Forex Trading having access through HTML5 web browser via PC, MAC, Android phones, Tablets or iPhones.
Saxo Capital Markets also allows its customers to have cross-margining between different products i.e. collateral invested by them in stocks can be used for margin trading in CFD and FX, these margin platforms shows the customers a real-time updates of margin available and utilisation.
I have utilised the services of Saxo Capital Markets a couple of times but now have stopped doing so because of the slow service that they provide. However, they provide latest platforms and tools but they are not able to suffice our requirements the manner they claim. Twice my account was blocked for no reason and because of which I had to suffer a loss in my trading.
The customer service is very bad, they do not respond nicely to us, with a great difficulty was I able to get in touch with them to get my account unblocked. Saxo Capital Markets had been a bad choice for me and so do I would never like to trade through them and nor suggest anyone to trade through Saxo Capital Markets.
Saxo Capital Markets
40 Bank Street, 26th floor,