Saxo Bank (like IB) anybody using it?

[Charles Mackay]

Any iTulipers using Saxo Bank for your trading platform? I see that you can have an account in Singapore in Singapore dollars.... as well as Japan and other locations. Comments? I use IB so am wondering if it is as good?

http://www2.saxobank.com/en/Pages/default.aspx

[cobben]

Re: Saxo Bank (like IB) anybody using it?

I have an account with Saxobank (Europe), use it only lightly at present as I prefer options trading (use thinkorswim.com).

Saxo are quite good with their CFDs, their main focus, which are best for short term trading, longterm short positions, and then especially for forex which is their specialty. They are rather expensive for actual equity trades, and do not have equity options at all on any exchange. They are thus quite different from IB, not really comparable.

[Charles Mackay]

Re: Saxo Bank (like IB) anybody using it?

I have an account with Saxobank (Europe), use it only lightly at present as I prefer options trading (use thinkorswim.com).

Saxo are quite good with their CFDs, their main focus, which are best for short term trading, longterm short positions, and then especially for forex which is their specialty. They are rather expensive for actual equity trades, and do not have equity options at all on any exchange. They are thus quite different from IB, not really comparable.

Thanks for the feedback cobben...