Saxo has a strong offering across all asset classes and is able to attract professional traders with its robust trading infrastructure. Its comprehensive proprietary trading platform was built with high-volume, sophisticated traders in mind. This enables it to negotiate better liquidity with top institutions, providing competitive pricing and execution.URL :theinvestorscentre.co.uk
Traders can access a broad range of research from in-house analysts, market news headlines and third-party content like Dow Jones. The platform also provides the ability to easily see real-time margin, orders, positions, buying power and balances. In addition, it is transparent about its execution statistics, publishing them monthly.
Saxo Trading Platform: Is It Right for UK Investors
Saxo also offers a variety of order types, including limit, stop, order if touched, trail, limit on close and limit by percentage. These advanced order types can be difficult for beginners to use, but it is good to have the option available as it can offer better cost efficiency when trading certain instruments.
It has a solid range of ETFs with 7,000+ to choose from, which is much larger than many of its major UK rivals. It also has a large selection of mutual funds (unit trusts) with over 6,000 available to invest in.
The charting on SaxoTraderGO is very impressive, with a rich suite of drawing tools and over 62 indicators. Traders can create custom charts and watch lists, and they automatically sync between platforms. The mobile app also has a robust economic calendar, educational videos and research tabs with news headlines from Dow Jones and pattern recognition analysis from Autochartist.