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SaxoTrader » Review

SaxoTrader SaxoTrader - Trading platform

Saxo Bank

Saxo Bank is a leading European bank, exclusively involved in trading and investment in Forex, stock derivatives, stocks from 14 major stock exchanges, futures and managed funds. Founded in 1992, Saxo Bank officially attained European bank status in June 2001 and has rapidly risen to become a strong presence in online trading over the internet. Saxo Bank is based in Copenhagen, Denmark and currently employs over 335 people from 35 countries to service clients in 115 countries.
Saxo Bank trades 150+ Forex currency crosses, more than any other online provider.

Soft Product

SaxoTrader

Version 2.5 is here!

The SaxoTrader has been upgraded to make trading even more efficient. When logging in to the platform you will automatically be prompted to download the latest version of the platform. Now you get all the information you need when you need it with a constantly visible account overview, an interactive open positions module and an improved user interface.

Every new feature in this upgrade to the award-winning SaxoTrader platform will give you a better trading experience. Large, intuitive icons promote faster navigation, an interactive open positions module allows you to manage orders directly and an account toolbar lets you view your account status anywhere on the platform.

Professional, Comprehensive Online Trading

SaxoTrader enables investors to trade Forex, CFDs, ETFs, Stocks, Futures and FX Forwards and Options from one, fully integrated online platform. SaxoTrader offers a wealth of market information and all of the state-of-the-art technical tools and features needed to trade successfully.

Easily downloadable, the SaxoTrader platform provides an abundance of information including live streaming news from Dow Jones Newswire, and Market News International, prices and analysis, and is fully customisable. It also allows for Private accounts, Institutional accounts and Introducing Broker and White Label Client set-ups.

Key SaxoTrader benefits:

•    Complete product range – 155+ FX crosses (incl. Spot Gold/Silver), 6,000+ CFDs, 16 Index-tracking CFDs, ETFs, Stocks from 22 exchanges, as well as FX Options, Futures contracts and other derivatives

•    Double leverage available on FX (up to EUR 50,000 of collateral) and a range of single-stock CFDs and all Index-tracking CFDs (up to EUR 50,000 of collateral)

•    Fully personalised trading environment, complete with prices, market analysis, data and news modules, technical analysis and charting functions

•    Extensive market analysis, streaming news service and direct access to Saxo Bank dealers via a two-way dealer chat
•    Excellent liquidity, one-click trading for fast execution and full range of trade orders
•    Reliability of trading with a fully licensed and regulated European bank.

Improved User Interface

There are two significant changes within the user interface: the navigation structure is now enclosed within a more graphical, ribbon-style menu, and all product icons have been updated to improve the product differentiation and the look and feel.

New ribbon menu:

•    Organizes related functions and features within the respective tab: Trading, Account, News & Research

•    Sorts modules by function: all trade tickets are collapsed under 'Trade Modules' and the order modules under "Orders"

New Icons

With a clearer product differentiation, the large, intuitive icons create a user-friendly interface, making it easy to navigate between instruments and modules.

Open Positions Module

Now you can view and manage positions and related orders in one integrated workflow:

•    Close positions and quickly set stop and limit orders within one workflow
•    Add, remove and sort columns for a customised display
•    Hide closed and square positions
•    See distance from stop and limit levels with the order progress bar

Account Toolbar

Account information is now always visible in a screen efficient layout displaying:
•    Cash balance
•    Account value
•    Available margin
•    Margin utilisation

Click on any value to see its underlying calculations. If you want an overview of multiple accounts, simply add additional toolbars to your workspace.

Sound Alerts

By selecting "Options" from the menu system, and then click on "Sounds" you can configure sound alerts for specific actions on the platform:

•    Margin Call
•    Trade Confirmation
•    Chat Received
•    Broadcast Message
•    Price Alert

 

 
19 March 2012   Adam   SaxoTrader
I have to say my Saxo experience is bad. I have problems with their client software SaxoTrader 2. - There are numerous bugs in it, I already found a few dozens...
Besides, the software is very clunky and user unfriendly. For example, changing the price of a limit order needs too much interaction. For a good order timing this software is way too poor.
 

25 April 2012   SaxoTrader
3 numbers to watch: UK GDP, US Durable Goods Orders, FOMC
The Federal Reserve's FOMC concludes its two-day meeting today and the question on everybody's lips is: will it be a non-event...
13 March 2012   SaxoTrader
Saxo Capital Markets launches in South Africa
In response to South Africa’s increasing demand for investment opportunities Saxo Capital Markets South Africa today announced that it has launched in the region.
5 December 2011   SaxoTrader
Saxowebtrader 2.5 has arrived
Your SaxoWebTrader has been automatically upgraded to make your trading even more efficient: no action required. Get all the information you need when you need it with a constantly visible account overview, an interactive open positions module and an improved user interface...

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