is saxo overkill for a retail guy

[Arthur]

trade fx majors and a bit of us stock cfds. looking at saxo to put everything under one roof. but their fx commission is like 2-3x ic markets. is paying for the 'real bank' thing actually worth it or is it just a prestige tax for retail

[dreamchaser]

4 years on saxo. honest take: if you only trade fx youre paying a brand tax. if you trade across stocks/options/fx and care about clean tax reports + actual fund safety its worth it. for pure eurusd scalping ic markets just wins on cost

[Oliver]

the tax report alone saved me like 15 hours last year vs rebuilding it from ic markets exports. underrated feature nobody talks about

[urbanlegend]

saxo is the amex platinum of brokers. status item, not optimal. keep your ic and a spreadsheet

[visionaire]

the real bank thing matters more after a mauritius shop eats 4k of yours went to saxo after exactly that. sleep better trade smaller no regrets

[Justin]

whats the min to open. heard its like 10k?

[electricmind]

no hard min in most countries, you can open with a few hundred. the 10k is for the better commission tier. at the base tier the brand tax is most obvious