How do I open an account?

Who can open an account with Saxo?

We welcome clients from a wide range of countries. During the initial step of the account opening process, you will be asked to select your country of residence. If your country is not listed, we are currently unable to open an account for you.

Is there a minimum funding amount?

In most countries, no minimum funding is required to open a private individual or joint account at Saxo and get access to our platforms. You will need to fund your account to begin investing.

Please visit your local Saxo to confirm if minimum funding requirements apply to your country of residence.

What documents are required to open an account?

To open an account with Saxo Bank, you will need to provide certain information and documents to verify your identity and comply with current regulations.

Here are the required documents for most applicants:

• National ID number from your country of citizenship
• Proof of identity document (e.g., passport, ID card, driver’s licence) This document must be valid and up to date.
• Selfie (taken with a mobile phone) to confirm you match the ID provided

Depending on your country of residence, we may also require:

• Tax ID number from your country of residence
• Proof of residence document (e.g., residence permit, utility bill, or bank statement showing your home address)
   

Account types at Saxo

Individual account

An individual account is the most common account type at Saxo. With an individual account you gain access to all of our trading platforms and a wide range of trading products. Learn more about individual account.

Joint account

Saxo also offers the possibility of opening joint accounts. For information on joint accounts, please visit our article: How many individuals can open a joint account? 

Corporate account

If you wish to open an account in the name of your company, submit an application for a corporate account. For more information on the necessary documentation for corporate account.

Professional account

Recategorise as an Elective Professional to waive regulatory protections designed for less experienced traders. More information on professional status. 

Aktiesparekonto (Danish residents only)

As a Danish resident, you can open an Aktiesparekonto with Saxo. Read how to do so here: How do I open an Aktiesparekonto?

Read also: Can I open an account for my children or another person?

Account tiers

When trading with Saxo, you can earn reward points through your trading activities and advance through account tiers: Classic, Platinum, and VIP. Discover the benefits associated with each tier on Saxo rewards. 

Trading platforms offered by Saxo

Saxo presents three trading platforms: SaxoInvestor, SaxoTrader, and SaxoTrader for desktop. Discover our platforms to determine which one aligns best with your requirements: Our trading platforms.

Contact us

If you have further questions regarding accounts at Saxo, please do not hesitate to contact us.

*Saxo Bank A/S (Headquartered in Denmark) has subsidiaries located in other countries. Please visit home.saxo to find out more.