Honestly, I'm pretty happy so far with Saxo Banque - I opened a PEA account with them this month. The online account-opening process was very smooth (and I'm a foreigner living in France). No problem... See more
Company replied

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Honestly, I'm pretty happy so far with Saxo Banque - I opened a PEA account with them this month. The online account-opening process was very smooth (and I'm a foreigner living in France). No problem... See more
Company replied
I was interested in opening a Trader account, utilising te PEA rules in France. Things started to go wrong immediately. A week or more after submitting my application I had heard nothing. I contacted... See more
the software is quite good. I am not doing any transactions at the time being as I have (so far..) lost my shares. I am positive about Saxo.
Company replied
Interlocutrice en langue anglaise efficace, solution transitoire au problème rencontré trouvée.
Company replied
Saxo Banque est l’un des leaders de la Bourse et de l'Investissement en ligne. Saxo Banque offre à ses clients (particuliers et sociétés) le choix entre 3 plateformes de trading adaptées à différents niveaux d’expérience en bourse (du débutant à l’expert), disponibles également via des applications mobiles, ainsi qu’un accès à ProRealTime offert. Nos plateformes permettent de traiter une large gamme de 600 000 produits financiers accessibles sur 60 places financières mondiales : actions, SRD, ETF, fonds, turbos, cryptomonnaies, warrants, options, futures, produits sur marges, en France, en Europe, aux Etats-Unis, et en Asie, le tout via un compte unique. Nous proposons des tarifs transparents et parmi les plus bas du marché, à partir de 2,5€ l’ordre sur Euronext Paris ainsi qu’une large gamme de services et outils financiers (ordres simples et avancés, Introduction en bourse, temps réels sur toutes les places, analyses fondamentales et techniques, offres de courtage sur certains produits; etc..)
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10 rue de la Paix, 75 002, Paris, France
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Interlocutrice en langue anglaise efficace, solution transitoire au problème rencontré trouvée.

Reply from Saxo Group - Saxo Banque France
I went in a few days from delighted to deeply frustrated. A new customer at Saxo, I do appreciate their trading platform TraderGo. Yet, for security reasons which I can understand (I used the same phone number on my account and a family member's while supporting their opening a new Saxo account), my trading account was suddenly restricted to Sell only. Problem : no prior warning was ever received contrary to their own procedure and no corrective steps could be taken to prevent the issue. I removed my phone number immediately. Since then (6 days), my messages have gotten no replies and I do not know when my account's functionalities will be restored (days?weeks?). Customer Service is unhelpfull they just don't care.
I am stuck, losing trading opportunities every day and very disappointed!!!
I was interested in opening a Trader account, utilising te PEA rules in France. Things started to go wrong immediately. A week or more after submitting my application I had heard nothing. I contacted Saxo asking if there was a problem, they suggested that I'd told them I had no income except for trading, and would not be interested. I'm pretty sure I hadn't clicked that box, but assured them that I had an income. So, I had to prove to them I had trading experience and funds to transfer. Eventually they graciously agreed to open an account. Then my problems began. I transferred some funds from Wise (belgian account) - but Wise stalled, and didn't transfer the funds, odd I thought. I then transferred funds from Bunq (from a French account) and waited for the funds to appear. They never arrived. I tried again, this too never arrived. I tried their antiquated chat service, and found that they didn't like challenger banks, and won't accept funds from them (?!?!). I then tried to transfer funds from HSBC in GBP vis CitiBank (a Big Boy bank), but my funds seemingly have disappeared even though Citi have confirmed receipt and I have the UETR number. Save yourself a world of pain and don't deal with these people, you'll save yourself a heap of time, effort and pain.
My account is blocked. I've already sent all the required documents and nothing has been done. I've been doing this for months and nothing has been resolved.

Reply from Saxo Group - Saxo Banque France
Saxo to me is THE online broker with fantastic app and desktop IT capabilities and a competitive pricing. Very recommendable.

Reply from Saxo Group - Saxo Banque France
transaction fees are great but custodian fees are high compare to competitors like IBKR, and it gives you a competitve disadvantage speciallye on bonds...

Reply from Saxo Group - Saxo Banque France
Great service by the customer team when needed. Please include Luxembourg in the partnering/sponsoring program

Reply from Saxo Group - Saxo Banque France
cloture de mon PEA sans mon Accord le tranfert a duré plus de 3 mois

Reply from Saxo Group - Saxo Banque France

Reply from Saxo Group - Saxo Banque France

Reply from Saxo Group - Saxo Banque France

Reply from Saxo Group - Saxo Banque France
Access to international markets with quick and reliable execution.

Reply from Saxo Group - Saxo Banque France
the software is quite good.
I am not doing any transactions at the time being as I have (so far..) lost my shares.
I am positive about Saxo.

Reply from Saxo Group - Saxo Banque France
saxo bank's trading platform is the best, fully up, always available.
I am so happy to use saxo bank's trading.

Reply from Saxo Group - Saxo Banque France
Honestly, I'm pretty happy so far with Saxo Banque - I opened a PEA account with them this month. The online account-opening process was very smooth (and I'm a foreigner living in France). No problem whatsoever, my account was open and ready for trading within 36 hours. My first transfer of funds (from SocGen to my new PEA) took a little over 24 hours and I was ready to trade. Their platform is simple and user-friendly. I was a bit worried at first by reading so many negative reviews here but I have nothing bad to say about them. I trust our business relationship will stay this way. Thank you!

Reply from Saxo Group - Saxo Banque France
After my original request for information on cancelled order Sacha was responsive and in the end found the reasons for cancelation promptly.

Reply from Saxo Group - Saxo Banque France
I am a client since May 2021 and so far I didn't have any particular issue with Saxo.
However, on July 23 I started initiating a transfer request to move my open position from Saxo to another broker.
So far, I haven't gotten anywhere.
I asked them through the in app mail system on July 23 (gave them all instructions they need) and have gotten no response.
I sent a direct mail to the department in charge of transfers, and after a week of asking for an answer they just answered that they don't have the time to do it.
I even called the customer service and they asked me to write them, which i already did several times.
Also, there is a tutorial on their website on how to execute an outbound transfer, and the menu they are referring to in the tutorial simply does not exist ( on all apps, SaxoTraderGo, Saxo Investors, and SavoTraderPRO).
It seems they make it seem impossible to transfer so the client has no choice but to give up.
There are rules in place to protect investors, and I will be forced to contact the regulatory agency to move go on with this topic.
It is very disappointing to witness such behaviour and condescending tone in Saxo's rare answers. I have been very polite in all my requests.

Reply from Saxo Group - Saxo Banque France
I have been using the Saxo platform for 10 years and can only speak positively about it. Access to a large number of investments and low maintenance costs makes the platform ideal. The only improvement that I recommend is that a user can have access to his funds through the availability of a debit card.

Reply from Saxo Group - Saxo Banque France
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