Saxo Bank Minimum Deposit 2026
$2000
$2000 to open an account.
The minimum deposit is $2000.
Minimum deposit amount
| Minimum to open | $2000 |
| Accepted currencies | USD, EUR, GBP and others depending on your country |
| Payment methods | Bank transfer only. Credit and debit cards not accepted. |
| Credit/debit card processing | Same day. Usually within a few minutes. |
| Bank transfer processing | 1 to 3 business days |
| E-wallet processing | Instant to a few hours |
| Withdrawal minimum | Usually same as deposit minimum or $10/$20 |
| Withdrawal fee | None in most cases |
How to make your first deposit
Step 1. Register for an account at Saxo Bank. You will need to provide ID documents for verification — this is required by FSA regulations. Most accounts are verified within 24 hours.
Step 2. Log in and go to the Deposit or Funds section. Select your preferred payment method.
Step 3. Enter the amount. The minimum is $2000. You do not need to deposit more than you are comfortable with.
Step 4. Confirm the transaction. Card deposits arrive almost immediately. Bank transfers take 1 to 3 business days.
Is the minimum deposit the right amount to start?
The $2000 minimum at Saxo Bank is reasonable. It is enough to place several trades with proper position sizing at 1:30 leverage.
65% of retail investor accounts lose money when trading CFDs with Saxo Bank. Only deposit money you can afford to lose.