{ "schemaVersion": 1, "kind": "demoOffering", "id": "saxo-web-dk", "urls": { "html": "/demo-accounts/saxo-web-dk.html", "json": "/demo-accounts/saxo-web-dk.json", "markdown": "/demo-accounts/saxo-web-dk.md" }, "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.", "record": { "checked": "2026-10-12", "tested": false, "funds": 100000, "currency": "USD", "fundsLabel": "USD 100,000", "fundsNote": "USD", "expiryType": "fixed", "expiry": "20 days", "expiryNote": "", "evidence": "documented", "signup": "Personal demo registration; exact fields not stated in retrieved page", "note": "Current product name SaxoTrader. Existing live clients are directed to support for demo creation.", "id": "saxo-web-dk", "broker": "Saxo", "entity": "Saxo Bank A/S (international website scope; contract entity depends on residence)", "regions": [ "DK" ], "region": "DK", "regionLabel": "Denmark / international", "researchScope": "Denmark / international website", "platform": "web", "platformLabel": "SaxoTrader", "terms": "Simulation; detailed demo/live execution differences not stated", "fundingReset": "Not stated", "deposit": "No; demo offered before opening live account", "devices": "Web; mobile; desktop", "forexCoverage": "Forex available; demo pair count not stated", "eligibility": "Website says contractual entity depends on residence; forex availability also varies by residence. No universal eligibility claim.", "evidenceNote": "Official broker documentation; signup and trading not tested.", "sources": [ "saxo-1", "saxo-2", "saxo-3" ], "visit": "saxo-1", "regulation": { "status": "Partially verified / Needs checking", "entity": "Saxo Bank A/S verified as parent and international website service provider; exact residence-specific demo contracting entity not established", "regulator": "Danish Financial Supervisory Authority (Finanstilsynet) — verified parent only", "finding": "The parent bank is directly verified in the Danish FSA register. Public international website Terms of Use name Saxo Bank A/S as provider of website services/software. However, the demo registration consent names the Saxo Bank Group, not one legal entity, and the same page says client agreements use the relevant Saxo entity according to residence. The linked disclaimer discusses demo accounts with any group entity. These sources establish a connection to the verified parent, but do not justify assigning every international demo to Saxo Bank A/S.", "scope": "Original international offering preserved. Website-service provider, group marketing/data consent, regulated parent, and demo contracting counterparty are distinct facts. No account created, personal data entered, consent submitted, support contacted or country-specific allocation inferred. Parent bank authorisation does not verify all group entities or residence eligibility.", "sources": [ "saxo-reg-1", "saxo-reg-2", "saxo-reg-3", "saxo-reg-4" ] }, "signupLink": { "kind": "demo-page", "note": "Broker demo page; select your platform to continue.", "status": "Official entry route", "url": "https://www.home.saxo/accounts/try-free-demo", "sourceUrl": "https://www.home.saxo/accounts/try-free-demo", "checked": "2026-10-13", "tested": false }, "execution": { "scope": "Saxo Bank A/S · international parent scope; residence determines the contracting entity. Policy includes rolling spot FX but does not assign one capacity to every order.", "tested": false, "role": { "value": "Mixed", "status": "Documented", "note": "The February 2026 summary allows principal, riskless-principal or agency execution. This is the policy's range of capacities, not a claim that each forex order uses all three.", "sources": [ "ex-c-saxo-policy" ], "checked": "2026-10-13" }, "arrangement": { "value": "Internal liquidity and external venues", "status": "Broker-reported", "note": "The summary lists internal books and external venues; internal execution risks can be aggregated and hedged elsewhere.", "sources": [ "ex-c-saxo-policy" ], "checked": "2026-10-13" }, "demo": { "value": "Requires Verification", "status": "Requires Verification", "note": "The international demo landing establishes virtual practice but does not describe slippage, rejects, liquidity or fee equivalence for the current SaxoTrader demo. API simulation limitations were not transferred to this offering.", "sources": [ "ex-c-saxo-demo" ], "checked": "2026-10-13" }, "review": { "checked": "2026-10-13", "outcome": "Role: Mixed; Arrangement: Internal liquidity and external venues; Demo: Requires Verification. Official documentation review only; no account or order tests.", "remainingChecks": [ "Confirm residence-specific contracting entity and capacity for the exact FX instrument.", "Obtain current SaxoTrader demo/live execution specification." ] } }, "markets": { "scope": "Saxo Bank A/S (international website scope; contract entity depends on residence) · Denmark / international · SaxoTrader. Market coverage not yet reviewed.", "tested": false, "forexCfd": { "status": "Requires Verification", "note": "Forex CFD demo access has not been established for this entity and platform.", "sources": [], "checked": null }, "cryptoCfd": { "status": "Requires Verification", "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.", "sources": [], "checked": null } }, "api": { "status": "Requires Verification", "type": null, "route": "Not established for this offering", "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.", "requirements": "Confirm the account, platform and regional requirements with the broker.", "sources": [], "docs": [], "checked": null, "tested": false } }, "sources": { "ex-c-saxo-demo": { "title": "Saxo international demo account", "url": "https://www.home.saxo/accounts/try-free-demo", "owner": "Broker", "checked": "2026-10-13", "locator": "Demo description and residence-to-entity footer", "access": "Official page/PDF opened and read; no account opened or trading tested." }, "ex-c-saxo-policy": { "title": "Saxo Bank A/S Order Execution Summary, February 2026", "url": "https://www.home.saxo/-/media/documents/business-terms-and-policies/order-execution-summary.pdf", "owner": "Broker", "checked": "2026-10-13", "locator": "Pages 2, 4-7: scope, Execution Venues, Execution of Client Orders, Aggregation and split", "access": "Web text tool failed; ordinary HTTP GET returned 200 application/pdf; all eight pages extracted in memory with pypdf." }, "saxo-1": { "id": "SX1", "title": "Saxo international demo account", "url": "https://www.home.saxo/accounts/try-free-demo", "claims": "20 days, USD 100,000, SaxoTrader web/mobile/desktop; separate live signup; international parent and residence-based entity allocation.", "checked": "2026-10-12", "evidence_status": "Documented; not account-tested" }, "saxo-2": { "id": "SX2", "title": "SaxoTrader platform", "url": "https://www.home.saxo/platforms/saxotrader", "claims": "Forex supported on platform; product availability varies by residence; demo link.", "checked": "2026-10-12", "evidence_status": "Documented; not account-tested" }, "saxo-3": { "id": "SX3", "title": "Register for Saxo demo", "url": "https://www.help.saxo/hc/en-us/articles/360001261303-How-do-I-register-for-a-free-demo-account", "claims": "20-day demo before live account; existing live clients should request demo via support.", "checked": "2026-10-12", "evidence_status": "Documented; not account-tested" }, "saxo-reg-1": { "owner": "Regulator", "title": "Finanstilsynet virksomhedsregister — Saxo Bank A/S", "url": "https://virksomhedsregister.finanstilsynet.dk/virksomhed-under-tilsyn.html?v=BDA79612-2F3B-E311-9E18-0050568340B9", "evidence": "Saxo Bank A/S; CVR15731249; FTID1149; Denmark; credit-institution area; type Pengeinstitutter; subtype Bank; domestic investment-services permissions (Annex1 sectionA items1,2,4,5).", "source_date": "Live register accessed 2026-10-12; no record last-updated timestamp shown", "access_note": "Reconfirmed directly in a freshly loaded rendered regulator page during this follow-up; exact name, CVR, FTID, Bank subtype and domestic permissions read. Not broker licensing evidence. Register presents bank and permissions rather than a separate Current badge." }, "saxo-reg-2": { "owner": "Broker", "title": "Saxo international demo landing page and public signup modal", "url": "https://www.home.saxo/accounts/try-free-demo", "evidence": "Footer identifies Saxo Bank A/S headquarters and says client agreements use the relevant Saxo entity based on residence. Demo modal requests full name,email,country/region,mobile,password; agreement consent names Saxo Bank Group, and contact language names Saxo Bank A/S or anyone in group. No specific demo legal counterparty displayed before registration.", "source_date": "Observed 2026-10-12; no publication date shown", "access_note": "Opened actual demo modal in Chrome; no personal information entered, no checkbox accepted and no Submit action. Australia was already selected by the page." }, "saxo-reg-3": { "owner": "Broker", "title": "Saxo international Terms of Use", "url": "https://www.home.saxo/legal/terms-of-use/saxo-terms-of-use", "evidence": "Terms identify Saxo Bank A/S as provider of the website services, agreements and software; Danish law/courts apply to that agreement. This supports website-provider identity, not an unqualified demo-counterparty assignment for every residence.", "source_date": "Accessed 2026-10-12; no publication date shown", "access_note": "Official broker legal page opened and read; not regulator evidence." }, "saxo-reg-4": { "owner": "Broker", "title": "Saxo international disclaimer", "url": "https://www.home.saxo/legal/disclaimer/saxo-disclaimer", "evidence": "International site information relates to parent Saxo Bank A/S and specified branches; several subsidiary-country clients are directed to local sites. Client relationships use relevant entity business terms. Privacy section explicitly discusses signing up for demo or live accounts with any entity of Saxo Bank Group.", "source_date": "Accessed 2026-10-12; no publication date shown", "access_note": "Official disclaimer linked by demo consent read. General group statement does not resolve exact demo entity; its supervision statement was not used as regulator verification." } } }