Open account By using our website you agree to our use of cookies in accordance with our cookie policy. Okay View Legal Menu Protection of retail client funds Saxo Bank is a member of the Danish Guarantee Fund. In the event that a Danish bank (including Saxo Bank) should suspend its payments or go into bankruptcy, client deposits are guaranteed by the Fund with up to EUR 100,000 for cash deposits. Cash deposits are calculated as the net free deposit after deduction of any debt to the bank. As a general rule, securities will not be affected by the suspension of payment or compulsory winding-up and will be returned to the client. In the event that a Danish bank (including Saxo Bank) is unable to return securities held in safe-custody, administered or managed, the Guarantee Fund will cover with up to EUR 20,000 per client. The Guarantee Fund For further information on the Guarantee Fund and the coverage as well as an updated list of the Guarantee Fund Members, please click here. Protection of Institutional client funds Protection of cash in case of Saxo Bank’s Default: Institutional clients are, due to their status as licensed financial institutions, not covered for cash in case of Saxo Bank’s default. Cash in this regard includes the netted value of derivative positions. Protection of securities in case of Saxo Bank’s Default: All securities held with Saxo Bank will be returned to the White Label Client if they are retrievable from Saxo Bank’s custodian. That the securities are retrievable is ensured by the requirement of section 72 of the Danish Act on Financial Services, which imposes on Danish banks to ensure that, the client’s rights to their securities are at all times protected, also in case of a default. Please note that your funds are protected under the Guarantee Fund whichever classification status you hold with Saxo Bank. Saxo Bank A/S (Headquarters) Philip Heymans Alle 15 2900 Hellerup Denmark Contact Saxo Select region International Products & pricing Platforms Accounts & service General Other ComplianceRisk warningTerms of UseInvestor relationsBanking licenceProtection of fundsPrivacyGeneral business terms Trade responsibly All trading carries risk. Read more. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. All clients will directly engage with Saxo Bank A/S and all client agreements will be entered into with Saxo Bank A/S and thus governed by Danish Law. Apple and the Apple logo are trademarks of Apple Inc, registered in the US and other countries and regions. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.