At Saxo, we are committed to providing you with the best possible trading experience. To achieve this, we have introduced the Investment Perspective Questionnaire, a new initiative designed to better understand your investment preferences and tailor our services to meet your needs.
This article will address the following questions:
- What is the Investment Perspective Questionnaire?
- What actions are required from me?
- How long time does it take to complete the Investment Perspective Questionnaire?
- What happens if I don't complete the Investment Perspective Questionnaire?
- When should I complete the questionnaire?
- How can I access the Investment Perspective Questionnaire?
- Is it required that I retake the Investment Perspective Questionnaire if my circumstances change?
- Can I update my responses to the questionnaire at any time?
What is the Investment Perspective Questionnaire?
The primary goal of the Investment Perspective Questionnaire is to improve your trading experience. Understanding your unique investment preferences is invaluable as we continue to enhance our trading services for you. By learning more about your risk profile, time horizon, and financial situation, we can better cater to your needs and ensure you have the best possible trading experience.
Topics addressed in the questionnaire
Risk tolerance
Risk tolerance is how much uncertainty or loss you can accept with your investments. It depends on your financial goals, how long you plan to invest, and your comfort with market ups and downs.
Ability to bear losses
The ability to bear losses is how much financial loss you can afford without harming your financial stability. It helps guide your investment choices based on what you can comfortably lose.
Time horizon
A time horizon is the length of time you plan to hold an investment before needing the funds. It influences investment choices, with longer horizons typically allowing for riskier investments due to the potential for recovery from market fluctuations.
Our commitment to regulatory compliance
To uphold our commitment to regulatory compliance and to serve your best interests, we must keep certain aspects of your investment profile current. This includes information about your risk tolerance, investment time horizon, and capacity to endure potential losses.
What actions are required from me?
You will receive an email inviting you to complete the Investment Perspective Questionnaire. This questionnaire consists of six questions that cover key areas such as risk tolerance, ability to bear loss, and time horizon. Your responses will provide us with valuable insights that will help us tailor our services to better match your needs.
See how to access the questionnaire here
How long time does it take to complete the Investment Perspective Questionnaire?
The questionnaire consists of six simple questions and will only take a few minutes of your time.
What happens if I don't complete the Investment Perspective Questionnaire?
Completing the questionnaire is essential to continue your current investments at Saxo without interruption.
When should I complete the questionnaire?
If we require you to complete the Investment Perspective Questionnaire, you have been given a date by email and a message on the platform.
How can I access the Investment Perspective Questionnaire?
If we require you to complete the questionnaire, you will receive an email and a message on the platform. You can access and complete the questionnaire in multiple ways:
- SaxoTrader: Investment perspective questionnaire
- SaxoInvestor: Investment perspective questionnaire
Or
- Email: Open the email we sent you > Click Go to questionnaire
-
Platform message: Log in on the platform and:
- SaxoTrader/SaxoInvestor using the mobile app: Click My profile in the bottom right corner> Click the messages icon
> Open the message and follow the instructions.
- SaxoTrader/SaxoInvestor using desktop: Click the messages icon in the top right corner
> Open the message and follow the instructions.
- SaxoTrader/SaxoInvestor using the mobile app: Click My profile in the bottom right corner> Click the messages icon
Is it required that I retake the Investment Perspective Questionnaire if my circumstances change?
No, it is not required to complete the Investment Perspective Questionnaire again in the event of changes to your circumstances.
Can I update my responses to the questionnaire at any time?
Currently, you cannot update your responses to the questionnaire once you have completed it.