Is Saxobank.com a fair Forex Broker?
Saxo Bank is a Forex Broker offering Forex Trading services via SaxoTrader trading platform. Regarding orders execution model, Saxo Bank is a market maker with instant orders execution. Saxo Bank doesn't offer deposit bonuses and competitions - this is a good sign. However, Saxo Bank has law disputes against traders around the world regarding the SNB event. Significant slippage and bad orders execution experienced.
Pros: banking license
Cons: market making allowed, bad orders execution, slippage experienced, high trading costs, no MT4, law disputes against traders around the world after the SNB event, incativity fees