Saxo adds US stocks and CFDs to TradingView offering

Saxo Bank has added stocks and CFDs on U.S. exchanges to its offering on TradingView, a very popular social trading platform boasting advanced charting tools for stocks and FX instruments.

The online trading and investment specialist already offered trading on 182 Forex and Metals pairs via TradingView. Now, Saxo clients can trade both FX and a range of over 3,000 individual stocks and single-stock CFDs through the social trading platform.

Traders can benefit from the platform’s charting tools and Saxo’s pricing and offering as the trading firm increasingly caters to investors looking to gain exposure to stocks and CFDs, a trend that has been going for some time now.

Stanislav Kostyukhin, Commercial Owner – Trader, Saxo Bank, said: “TradingView is particularly popular amongst Saxo clients in Japan, the United Kingdom, Singapore, Denmark, and Australia.

“We have seen strong interest from clients requesting access to equity products as seen in user reviews and feedback from our Sales teams, and we are very excited to be expanding our offering on TradingView to ensure clients are well-supported and can enjoy a wide range of products to trade and invest in.”

Saxo Bank plans to keep on broadening access to global capital markets for clients, including adding access to stock exchanges in Europe and Asia via TradingView.

The provider of multi-asset trading and investment founded in 1992 strives to empower people with a user-friendly and personalized platform experience.

The fintech holds four banking licenses and is well regulated globally. Its trading offering includes more than 40,000 instruments in over 20 languages from one single margin account.

Saxo Bank has recently appointed Mette Ingeman Pedersen as the new Group Chief Financial Officer, reporting directly to Kim Fournais, CEO & Founder. She will succeed Lars Kufall Beck who will join TopDanmark.

Saxo Bank will divide the current role as Chief Financial & Risk Officer into two separate areas, with Steen Blaafalk taking responsibility for Risk & Capital, Compliance and Credit, while Ms. Pedersen takes over Group Finance & Treasury, Legal, and the GFR COO area.

Earlier this year, Finance Feeds found that Saxo’s client deposits have grown by 400% since Geely took over.

Saxo Bank has announced 238,000 clients opened an account during 2020 and deposited more than DKK 75 billion (EUR 10 billion), which puts the broker at a record-breaking milestone of DKK 500 billion (USD 80 billion) in deposits. In the last three years, the 28-year old trading company has seen deposits growing from DKK 100 billion to the current figure, up by 400%.