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341 firms on file · 202 identified entity records 73 carry a published regulator notice

Verified

RECORD BW-4089TIER-1 SUPERVISION CONFIRMED

Saxo Bank

6 legal entities are on file for this firm, across 6 jurisdictions. The strongest supervision on file is Tier 1.

Verified means: At least one entity in this firm's structure was located on a tier-1 authority's own public register at the date of the last check, and the entity a retail client is onboarded to is covered by it.

LAST CHECKED
2026-09-15
ENTITIES
6
JURISDICTIONS
6
BEST TIER
T1
CONFIDENCE
HIGH
REGISTER SYNC
2026-11-05

Jurisdiction gap — read this before you deposit

Live tier-1 supervision: Danish FSA (Finanstilsynet), FCA, FINMA, MAS, FSA Japan, ASIC.

A group can hold a tier-1 licence and still onboard you through an offshore entity in the same structure. The licence protects clients of the entity that holds it — not every client of the brand. Check which company name appears on your own client agreement, then look that company up in the table below.

Entity-by-entity licence record

One row per legal entity in this firm's structure. Numbers are reproduced exactly as published; every row links to the source we read them from.

Legal entityAuthority / registryNumberJurisdictionTierWhat it isSource
Saxo Bank A/SDanish FSA (Finanstilsynet)1149DenmarkT1Financial licencehome.saxohttps://www.home.saxo/legal/saxo-bank-licenses/saxo-bank-license-details
Saxo Capital Markets UK LtdFCA551422UKT1Financial licenceregister.fca.org.ukhttps://register.fca.org.uk/s/firm?id=001b000000NMcpXAAT
Saxo Bank (Schweiz) AGFINMAnot verifiedSwitzerlandT1Financial licencehome.saxohttps://www.home.saxo/legal/saxo-bank-licenses/saxo-bank-license-details
Saxo Capital Markets Pte LtdMASnot verifiedSingaporeT1Financial licencehome.saxohttps://www.home.saxo/legal/saxo-bank-licenses/saxo-bank-license-details
Saxo Bank Securities Ltd.FSA Japannot verifiedJapanT1Financial licencehome.saxohttps://www.home.saxo/legal/saxo-bank-licenses/saxo-bank-license-details
Totality Wealth LimitedASICAFSL 280372AustraliaT1Financial licencehome.saxohttps://www.home.saxo/en-au/legal/client-money/saxo-client-money

Scroll the register sideways — the entity column stays pinned.

Paste any number above into the named authority's own search. If a number a firm advertises does not return that firm on the authority's register, treat the claim as unverified.

What the record says

Statements of fact drawn from the entities above. Each one is checkable against a source URL in the licence table.

  1. F01Saxo Bank A/S was founded in Denmark in 1992 and received its banking licence in 2001.
  2. F02Saxo Bank A/S holds Danish FSA licence no. 1149 (company registration no. 15731249).
  3. F03In June 2023 Saxo Bank was classified as a systemically important financial institution (SIFI) in Denmark.
  4. F04The UK entity, Saxo Capital Markets UK Ltd, is authorised by the FCA under firm reference number 551422.
  5. F05The Hong Kong SFC reprimanded and fined Saxo Capital Markets HK Limited HK$4 million on 6 January 2026 for allowing retail clients to trade virtual asset products that should only have been offered to professional investors, between 1 November 2018 and 25 November 2022 (SFC enforcement news release: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=26PR1).
  6. F06J. Safra Sarasin Group announced the completion of its acquisition of a majority stake in Saxo Bank (group media release: https://jsafrasarasin.com/en/company/annual-reports-and-media-releases/J-Safra-Sarasin-Group-completes-the-acquisition-of-majority-stake-in-Saxo-Bank.html); Finance Magnates reported the close on 2 March 2026, with Daniel Belfer installed as CEO.
  7. F07The official Australian legal page now identifies Totality Wealth Limited (formerly Saxo Capital Markets (Australia)) with ABN 32 110 128 286 and AFSL 280372; the site presents the Australian business as Totality (formerly Saxo Australia) (https://www.home.saxo/en-au/legal/client-money/saxo-client-money).

Not verified at last check

Recorded openly rather than filled with a plausible guess. A blank on this register means we could not confirm it on 2026-09-15.

  • not verifiedFINMA licence number
  • not verifiedMAS licence number
  • not verifiedJapan FSA registration number
  • not verifiedExact minimum deposit (varies by entity; Saxo advertises no minimum in several jurisdictions)
  • not verifiedEUR/USD spread is a reported VIP/Platinum-tier figure rather than a published live average
  • not verifiedpublic listing status

Account conditions on file

As published by the firm. Blank fields were not confirmed.

Incorporated
1992
Registered office
Hellerup (Copenhagen), Denmark
Minimum deposit
0 USD
Leverage offered
1:30 (UK/EU retail)
Quoted EUR/USD spread
0.9 pips
Trading systems
SaxoTraderGO · SaxoTraderPRO · SaxoInvestor · Mobile apps
Account tiers
Classic · Platinum · VIP
Leverage above a tier-1 retail cap is normally only available through an offshore entity. If the figure above is far above 1:30, check which entity is offering it in the licence table.

Sources

Every URL below was read before this record was published.

PublisherDocumentRETRIEVED
FSA JapanSaxo Bank Securities Ltd. — Japanhttps://www.home.saxo/legal/saxo-bank-licenses/saxo-bank-license-details2026-09-15
FCASaxo Capital Markets UK Ltd — UKhttps://register.fca.org.uk/s/firm?id=001b000000NMcpXAAT2026-09-15
ASICTotality Wealth Limited — Australiahttps://www.home.saxo/en-au/legal/client-money/saxo-client-money2026-09-15

Register office

Checked by
Priya Nair · Register office · Regulation & Safety Lead

Every entity row on this record was checked against the authority's own database or the firm's own published legal page. Where no number was published, the field is left as “not verified” rather than filled.