I'm looking for a broker with access to different markets, especially Forex and stocks (not just CFDs). I live in Europe. A month ago I wanted to open an account with Interactive Brokers, but unfortunately I didn't meet their criteria (my monthly income and capital are too low, not by much though). Is there a way around those silly criteria? Other brokers don't have these criteria.
So I looked for another, and found Saxo Bank. It surprised me that their application process is much simpler than Interactive Brokers, I just needed to upload a scan of my ID card and a proof of residence. It almost made me think that Saxo Bank is less serious than Interactive Brokers, perhaps a silly conclusion, or not? Saxo Bank covers less markets but enough for me. One thing I'd miss is that you can't short shares.
What are your experiences with Saxo Bank?
Submitted May 11, 2017 at 03:51AM by bisjoe http://ift.tt/2r2LEB0
