Saxo Bank (formerly Binck in NL) is a premium multi-asset broker offering 71,000+ instruments with professional-grade platforms and research tools.
- 71,000+ tradeable instruments
- Professional trading platforms
- Excellent research
- Multi-asset capability
- Inactivity fees
- Complex for beginners
- Higher minimum for some features
Fees & costs
- Min. deposit
- €0
- Trading
- Euronext-aandelen vanaf €2, US-aandelen vanaf $1 (tarief afhankelijk van rekeningniveau). ETF's in automatisch aankoopplan: €0. Opties EUR: €0.75/contract. Forex spreads vanaf 0.4 pips (classic account).
- Stock fee
- 0.08% (min €3)
- Spread
- Forex spreads from 0.4 pips EUR/USD
- Deposits
- Free
- Withdrawals
- Free
- Inactivity
- €25/quarter after 6 months inactivity
Platforms & features
Who this fits best
Note: inactivity fees.
How to use in practice
Multi-Asset Portfolio Management
Manage stocks, bonds, forex, and derivatives all from one professional platform with 71,000+ instruments.
Build a diversified portfolio combining Dutch stocks, US tech shares, corporate bonds, and currency hedges in one account.
Active Forex Trading
Trade 185+ currency pairs with tight spreads starting from 0.4 pips on major pairs using professional-grade tools.
Trade EUR/USD during market hours using advanced charting and multiple order types on SaxoTraderPRO.
Options and Futures Trading
Access global derivatives markets for sophisticated hedging and speculative strategies.
Trade options on US stocks or futures contracts on indices and commodities using Saxo's professional platform.
Tips for beginners
- 01
Start with the demo account
Saxo offers a free demo account with virtual funds. Use it to learn the SaxoTraderGO platform, practice order placement, and test strategies before committing real capital.
- 02
Begin with SaxoTraderGO before PRO
SaxoTraderGO is the web-based platform that's easier to navigate. Master its features before upgrading to the more advanced SaxoTraderPRO desktop application.
- 03
Be aware of inactivity fees
Saxo charges €25 per quarter after 6 months without trading. Plan your trading frequency or consider if this broker fits your investment style.
- 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.
Online Application
Complete the online registration form with your personal and financial details
- 2.
Identity Verification
Upload passport/ID and proof of address for verification
- 3.
Account Approval
Saxo reviews your application, typically within 1-2 business days
- 4.
Fund Account
Deposit via iDEAL, bank transfer, or credit card
- 5.
Start Trading
Access SaxoTraderGO or SaxoTraderPRO 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: SaxoTraderGO (web-based) for everyday investors, and SaxoTraderPRO (desktop) for professional traders. Start with SaxoTraderGO 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 €100,000 in virtual funds. 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.
Monitor your trading activity to avoid the €25 quarterly inactivity fee. Even a single trade resets the 6-month counter. 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
- Vanaf €2 (tarief afhankelijk van niveau)home.saxo/nl/tarieven 2026-04
- Inactiviteitskosten
- €25/kwartaal na 6 maanden geen handelhome.saxo/nl/kosten 2026-04
- Forex spreads
- Vanaf 0,4 pips EUR/USD (Classic account)home.saxo/nl 2026-04
- Regulering
- AFM + DNB (NL) + Danish FSA + FCA (UK)Saxo regulatory disclosures 2026-04
Editorial review
Saxo Bank, the successor to Binck in the Netherlands, is a premium multi-asset broker for active Dutch investors wanting more than stocks and ETFs. Regulated by AFM, DNB, and Danish FSA, it offers 71,000+ instruments across stocks, ETFs, bonds, forex, options, futures, and crypto.
Strengths: professional SaxoTraderGO platform, excellent research tools, Dutch-language support, free ETF investment plans, and a demo account.
Weaknesses: €25/quarter inactivity fee after 6 months, higher fees than DEGIRO for basic stock trades, and complexity that intimidates beginners.
Simple ETF investors should use DEGIRO or Trade Republic. High-volume traders may find lower costs at Interactive Brokers. Complex derivatives carry high risk — the majority of retail investors lose money.