Mark Christopher R791_ Garcia#21

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Is Saxo Bank a legit broker or a scam?

Saxo Bank is a Danish investment bank founded in 1992 and headquartered in Copenhagen. Unlike typical forex brokers, Saxo Bank is a fully licensed European bank, regulated by the Danish Financial Supervisory Authority (FSA). It also operates subsidiaries regulated in the UK (FCA), Singapore (MAS), Switzerland (FINMA), Australia (ASIC), and other jurisdictions. Official site: https://www.home.saxo . As a licensed bank, Saxo is legitimate and highly trustworthy. Clients’ deposits are held under strict banking laws with deposit insurance schemes. Unlike offshore brokers, Saxo publishes audited reports and complies with Basel banking standards, giving it one of the highest credibility levels in the industry.