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Can US residents open accounts with Saxo Bank?

No. Saxo Bank does not accept US residents, as it is not registered with the CFTC or NFA. This is consistent with most global CFD and multi-asset brokers. Saxo Bank instead serves clients across Europe, Asia, the Middle East, and other regions through its regulated entities. For US traders, alternatives like Interactive Brokers or FOREX.com are better options. The exclusion of US clients reflects Saxo Bank’s compliance-first approach, ensuring it avoids unauthorized operations in restricted markets.