Saxo Bank Minimum Deposit for Singapore Traders 2026

The exact Saxo Bank minimum deposit requirement and what leverage Singapore traders get.

Minimum Deposit$2000
Max Leverage in Singapore1:20
RegulatorMAS MAS — 200601141M
Regulated EntitySaxo Capital Markets Pte Ltd
EUR/USD SpreadFrom 0.4 pips

How to start

  1. Create your Saxo Bank account from Singapore
  2. Deposit the minimum $2000 via card, bank transfer, or e-wallet
  3. Account falls under MAS regulation — max leverage 1:20
  4. With $2000 and 1:20 leverage you control $40,000 in market exposure
68% of Saxo Bank retail clients lose money — leverage amplifies losses as well as gains.

Accepted payment methods

MethodProcessing timeMin
Credit / Debit card (Visa, Mastercard)Instant$20
Bank wire transfer1-3 business days$500
PayPalInstant$20
SkrillInstant$20

What can you trade with $2000 at Saxo Bank in Singapore?

With $2000 deposited and a maximum leverage of 1:20 under MAS rules, you control $40,000 of market exposure. That is enough to open small positions in EUR/USD, S&P 500, gold or any of Saxo Bank's 65,000 available instruments. The deposit of $2000 is the minimum to access the platform — it is not a recommended trading amount.

Frequently Asked Questions

What is the minimum deposit to start at Saxo Bank from Singapore?

The minimum deposit to open a live Saxo Bank account from Singapore is $2000. This is the smallest amount Saxo Bank accepts under MAS regulation for traders in Singapore.

What payment methods does Saxo Bank accept?

Saxo Bank accepts credit and debit cards (Visa, Mastercard), bank wire transfer, PayPal and Skrill. Card and e-wallet deposits are processed instantly. Bank transfers take 1 to 3 business days.

What can I trade with $2000 at Saxo Bank in Singapore?

With $2000 and 1:20 maximum leverage in Singapore, you control $40,000 of market exposure. This is enough to open positions on EUR/USD, S&P 500, gold, and hundreds of other instruments.

How long does a withdrawal from Saxo Bank take?

Saxo Bank processes withdrawal requests within 1 to 3 business days. The actual transfer time depends on your payment method: cards 1-3 days, bank transfers up to 5 business days.

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