Tue, May 21, 2024

Saxo Bank

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ZaraFX Secures $2M Series A Funding, Appoints COO & CFO

ZaraFX, a leading CFD Forex brokerage, recently closed its Series A funding round, securing over $2 million in investments. This financial influx marks a significant turning point in ZaraFX’s journey of expansion and advancement. Additionally, the company is excited to announce the opening of its newest office located in Dubai. Boosting Operational Capacity Through $2M …

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Best investment platform uk you should know

Best Investment Platform UK You Should Know

Finding ‘the best investment platform UK’ is crucial for managing your finances effectively and ensuring the safety of your investments. Here’s a comprehensive guide on how to find The Best Investment Platform UK You Should Know Understanding your investment needs 1. Define your investment goals: Are you looking for long-term growth, regular income, or saving for a …

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Saxo Bank’s December FX Trading Volume Records New High.

Saxo Bank, in its December trading metrics, reported a surge in the monthly volume of forex instruments. The bank observed a month-over-month rise of 13.6% in forex trading, amounting to $13.8 billion, the maximum since the previous March. Saxo Witnesses Surge in FX Demand Saxo’s FX average daily volume (ADV) for December climbed to $6.4 …

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Saxo Unveils New Investment Fund for UK Retail Traders

Saxo, renowned for its multi-asset trading and investment, has broadened its services in the UK by introducing its funds. Retail investors can now partake in diverse assets, from quick options to a wide range of funds. By partnering with a host of top-tier fund managers such as BlackRock, Fidelity, J.P. Morgan, and Vanguard, Saxo has …

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Saxo’s Sept Trading Volume Dips, FX Follows Trend

Denmark-based Saxo Bank registered a total trading volume of $438.3 billion in September, a 3.4 percent fall from August’s $453.7 billion. The dip was offset by a higher daily average of $20.9 billion due to fewer trading days in September than $19.7 billion in August. The foreign exchange trading volume on Saxo’s platform stood at …

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Is Forex Trading Legal In The UK: Laws and Regulations

Is Forex Trading Legal In The UK: Laws and Regulations

Have you considered trying your hand as a forex trader for some time but are still determining if it’s legal? You’re constantly asking yourself, “Is forex trading legal in the UK?” if so, what should you pay attention to before diving deeper into this volatile industry? As someone highly motivated to generate income for himself and …

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Saxo Bank’s FX Vol Drops Despite Rising ADV

In February, trading on Saxo Bank experienced an overall reduction of 4.2%, with a total volume amounting to $359.8 billion for the month – and even more significantly, signifying a 14% decrease compared to last year’s numbers! Despite a shorter month, the daily average trading volume on the platform experienced significant growth; it increased to …

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Saxo Bank’s Demand for FX Trading Rises by 7.8% in November

Saxo Bank published its trading metrics for November and reported a surge in forex trading activities. Saxo Bank reported a monthly trading volume of $138 billion, which was 7.8% higher than the previous month. Saxo Bank is a brokerage headquartered in Denmark. Forex trading daily average monthly volume was $6.3 billion compared to $6.1 billion …

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Saxo Bank Records a 35% Higher FX Trading Volume in March

Even with the drastic jump in the trading demand, equities are experiencing slowed demand. In March, the overall monthly trading volume in SAXO Bank shot up to $460.4 billion, which makes it the highest since April 2020. Consequently, the current numbers caused a significant overflow of demand in retail services, hence the closure during the …

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Saxo Bank Reports a 12.2% Drop in FX Volumes in November.

Saxo Bank’s November trading metrics reveal a decline in demand across all asset classes. Trading volume fell 10% month-over-month, to $292.2 billion, with an average daily trading volume of $13.3 million. The financial trading platform provider reported a decline in monthly demand for all asset classes, including foreign exchange (forex) and equities. Saxo Bank’s November …

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With the cryptocurrency market's rise, Saxo's crypto offerings have increased in demand.

Saxo Enables 9 Crypto-FX Trading Pairs

On Monday, Saxo Bank, a Danish broker, announced that it would add 9 crypto-forex pairings to its TradingView service, allowing its customers to trade from the third-party social trading platform. The new TradingView connection will allow investors to trade Bitcoin, Ethereum, and Litecoin against the euro, USD, and Japanese yen. Saxo first began offering crypto …

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Is Crypto Winter Here? - Bitcoin Fell to $60,000

Is Crypto Winter Here? – Bitcoin Fell to $60,000

Cryptocurrency sales have pushed Bitcoin and Ether to levels they have not had in more than a week this week. This is due to China’s new mining restrictions and the expected tax consequences of the newly signed U.S. Infrastructure Bill. The price of Bitcoin has fallen -1.61% in the last 24 hours, to $60,586. Ether …

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