Saxo Bank Overview
Pro stress-test →Saxo Bank is a Danish investment bank specialising in online trading and investment, providing access to financial instruments including Forex, stocks, CFDs, futures, funds, bonds and futures spreads through its SaxoInvestor and SaxoTrader platforms. The bank serves over 1.5 million clients globally and manages over EUR 115 billion in client assets.
Strategic Profile
Pro stress-test →As of March 2026, J. Safra Sarasin Group completed its acquisition of a majority stake in Saxo Bank, a fintech bank serving investors, traders, and institutional partners. The deal is part of J. Safra Sarasin Group's plan to complement its existing private banking and wealth management businesses with digital capabilities. With the acquisition, Kim Fournais became chairman of the board of Saxo Bank, and Daniel Belfer (formerly CEO of J. Safra Sarasin) became its chief executive officer.
Competitive Landscape
Pro stress-test →Saxo Bank's top competitors include Robinhood, Groww, and Angel One. Saxo differentiates through institutional-grade multi-asset platforms, extensive product range (70,000+ instruments), and European banking license with regulatory oversight from multiple Tier-1 authorities, competing against retail-focused fintechs and legacy investment banks.
Industry Context
Saxo Bank operates in Online brokerage and multi-asset trading platforms.
Key facts
Founded: 1992 · Headquarters: Copenhagen, Denmark · Employees: 1,988 · Revenue: DKK 4.957 billion (2025)