Saxo Bank is it a scam ? Review FraudBroker

Does Saxo Bank (broker) pay positive interest for deposits (liquidity)?

I can't find anything in the help section. I intend to keep a certain amount of liquidity (cash) in the broker or my bank account (Danske), as an emergency fund. Even if depreciated by inflation, that has to be risk-free as far as investments go. Danske offers 0.4-0.8 (depending on the amount). Does Saxo offer anything?
submitted by ElBobodeWallStreet to dkfinance [link] [comments]

Possible proof of fuckery by brokers on the splividend (Saxo Bank)

Edit: Those asking my why I didn't DRS, please refer to my reply here before commenting: https://www.reddit.com/Superstonk/comments/wb221m/comment/ii4428c/?utm_source=reddit&utm_medium=web2x&context=3
Edit 2 Possible theory as to what happened; So, as I was talking about it with another ape just now, I had a possible lightbulb moment. The divvy shares must have been distributed from the top down to our brokers. Which means they were held under someone's/something's account at a point. Then they had to be transferred to our accounts. What if the administrative close of our exisiting position was necessary to generate the cash required in our account to 'purchase' the now 4x shares. That would be a zero sum transaction if they forfeit the transaction frees and would make it all work administratively.
This feels like a reasonable explanation, but not one I have heard yet from my broker. Any opinions on it? It sounds more plausible than fuckery at least. Though fuckery would be better. For MOASS at least.
-------------------------------
As a Euroape from the Netherlands I have purchased my stocks via Saxo Bank. On the morning of the splivvy I noticed, like many other apes, that my position was closed on the night of the 21st and re-opened on the morning of the 22nd. Lots of speculation is going around at the moment on whether this is legit or a purely administrative glitch.
I had a call with Saxo and asked them to clarify. It was my understanding that in a split via dividend the only action on my portfolio should be the addition of 3 shares for each share I hold. Not the closure of current positions and opening of a new position times four.
Their response was (in Dutch and translated) as follows:
As a follow-up to our phonecall, I sent you this message. The Gamestop corporate action has been correctly processed, as reported by our department of Corporate Actions. To the market/custody, so our custodian, has been told this is a 4:1 stock split. So it is not a stockdividend of 3 shares per share held. It might be that the fund (sic) publicized it as such, but if this is not communicated as such to the market, this will not be administratively registered as such.
I just got off the phone with them again and explained why the above was factually false and that either Saxo or their custodian broke the rules somewhere. Their current stance is twofold:
  1. "The endresult in your portfolio is the same, isn't it? Why does it matter?" That was literally the representatives stance. Why do the rules matter if it hasn't cost me (seemingly) anything?
  2. "It is probably miscommunication about the position close and open and probably just how it administratively works". This is the most prevalent theory at the moment, I believe. And one I am inclined to believe, because a big conspiracy sounds less likeley. However in light of the response I received earlier (above) and the fact that they are pretty much saying "its just a presentation error, trust me bro" makes it sus to me.
There are two financial authorities in the Netherlands that keep brokers in check, or at least should, and those are the Dutch Bank and the Authority of Financial Markets (AFM, the 'Dutch SEC'). I spoke to the former who say this is AFM territory, so I will be contacting them on Monday.
I am not yet convinced of malicious wrongdoing by Saxo until I have proof. But I am also not convinced this is 'just a presentation error' until I have proof. I expect their next reply will be another 'trust me bro'.
Hopefully they are willing to disclose the name of their custodian if they refer to them again and I will ask the AFM to verify their statement. The basis for their involvement being "They say I must ignore the data their system tells me and I do not have the means to verify what they say is true".
I also have my shares with De Giro but I can handle one battle at the time ;-)
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Saxo Bank broker

If you are looking for a good broker, you should check Saxo Markets review. You will definitely see its benefits.
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Saxo Bank says they take 4 - 6 WEEKS to transfer to another broker, How big of a fraud of a broker are they?? First they tell me they charge 1000 USD for DRS, and now this??? Gets my blood boiling.

Saxo Bank says they take 4 - 6 WEEKS to transfer to another broker, How big of a fraud of a broker are they?? First they tell me they charge 1000 USD for DRS, and now this??? Gets my blood boiling. submitted by Shizuru1984 to Superstonk [link] [comments]

First time I’m seeing this…even my broker, Saxo Bank, is now buying GME….the other sharks are beginning to feast 🦈

First time I’m seeing this…even my broker, Saxo Bank, is now buying GME….the other sharks are beginning to feast 🦈 submitted by RJL97A to superstonkuk [link] [comments]

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Vantage Markets Review - The Perfect Forex Broker?

Vantage Markets is a relatively new online brokerage that offers a range of investment products and services. The platform is known for its user-friendly interface and low fees, which make it an attractive option for beginners and experienced investors alike.
Visit Vantage Markets: https://www.vantagemarkets.com
One of the standout features of Vantage Markets is its intuitive platform, which is easy to navigate and use. The platform offers a variety of tools and resources to help users make informed investment decisions, including educational articles and videos, market news and analysis, and advanced charting tools. Vantage Markets also offers multiple account types to suit different investment styles and needs, including individual, joint, and corporate accounts.
Another benefit of Vantage Markets is its low fees. The platform charges competitively low trading fees for both stocks and ETFs, and it does not charge any account maintenance or inactivity fees. This makes it an affordable option for investors who want to keep their trading costs low.
Overall, Vantage Markets is a solid online brokerage that offers a range of features and tools to help users manage their investments. The platform's user-friendly interface and low fees make it an attractive option for both beginners and experienced investors.
In addition to its user-friendly interface and low fees, Vantage Markets offers a range of other features and services that make it a competitive online brokerage. The platform offers a wide range of investment products, including stocks, ETFs, options, and mutual funds, which allows users to diversify their portfolios and manage their risk. Vantage Markets also offers a mobile app that allows users to trade on the go, as well as a variety of research tools and resources to help users make informed decisions.
Vantage Markets is also known for its customer support, which is available through live chat, email, and phone. The support team is knowledgeable and helpful, and they are always willing to assist users with any questions or concerns they may have.
Overall, Vantage Markets is a reliable and reputable online brokerage that offers a range of features and tools to help users manage their investments. The platform's user-friendly interface, low fees, and excellent customer support make it a great choice for both beginners and experienced investors.
One of the key benefits of Vantage Markets is its user-friendly platform, which is easy to navigate and use. The platform offers a variety of tools and resources to help users make informed investment decisions, including educational articles and videos, market news and analysis, and advanced charting tools. This makes it an attractive option for beginners who are new to investing, as well as experienced investors who want access to advanced tools and resources.
Visit Vantage Markets: https://www.vantagemarkets.com

Another benefit of Vantage Markets is its low fees. The platform charges competitively low trading fees for both stocks and ETFs, and it does not charge any account maintenance or inactivity fees. This makes it an affordable option for investors who want to keep their trading costs low.
Vantage Markets also offers a wide range of investment products, including stocks, ETFs, options, and mutual funds, which allows users to diversify their portfolios and manage their risk. The platform also offers a mobile app that allows users to trade on the go, as well as a variety of research tools and resources to help users make informed decisions.
Overall, Vantage Markets offers a range of benefits that make it a great choice for investors of all levels of experience. The platform's user-friendly interface, low fees, and wide range of investment products make it an attractive option for anyone looking to manage their investments online.

Visit Vantage Markets: https://www.vantagemarkets.com
submitted by heatenmatrixesf67 to VantageMarkets [link] [comments]

FP Markets Forex Broker and CFD Trading Provider Review

Founded in 2005, FP Markets is one of the most reputable names in the forex trading sphere. Based in Sydney, Australia, they offer access to multiple markets across the globe, while providing excellent trading tools. But is this brokerage a good fit for your forex trading needs? This FP Markets review will take a look at the range of offerings they provide.
Register here: https://fpmarkets.com
As well as being a global forex broker, FP Markets offers over 13,000 tradeable assets in total across all of the key areas, including 70+ Forex pairs, shares, energies and natural gases and, when hedging your bets, precious metals such as gold and silver, bonds, ETFs.
The company has partnered with a number of major financial institutions to ensure that the liquidity pool is nice and deep ? this is reflected in its excellent market prices and tight spreads.
FP Markets offers five different account types across MT4/MT5 and the Iress platform, so you can choose the one that best suits your trading objectives and strategies.
MetaTrader clients can choose between the Standard or Raw account. Both have a minimum deposit of AUD$100 and leverage of up to 1:500, but the Raw account has spreads from 0.0 pips ? perfect for scalping.

FP Markets offers customers commission-free trading for Standard account holders, along with a commission of $3 (each way) on Raw accounts. Iress traders can expect to pay a minimum of AUD$10 commission, plus either 0.1%, 0.9% or 0.8%, dependent upon the account type. There are also fees associated with leveraged overnight positions and inactivity fees apply after two months without a trade.
In this FP Markets broker review, we found that the firm offers a wide range of platforms and educational resources to its clients. Forex traders will benefit from the low fees and spreads in this field, but stocks and shares traders may find more favourable conditions elsewhere.

Register here: https://fpmarkets.com
Thank you.
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Review on Forex broker Keller Finance 2022

First of all, we analyze the company as a whole. Everything needs to be considered in the system, so we will compare the organization with suspicious companies. You will draw conclusions without our help.

A striking characteristic of suspicious companies is that they have a poorly designed website. The official website of the company under study does not look like a fraudulent one, since the scammers do not have a large amount of money. Their websites are quickly taken down. Such websites are almost always developed in an online website builder such as Tilde. The company's website in this regard is absolutely not like fake. It can be seen that the official website, Keller Finance, has taken a serious amount of time. Surely the broker has its own IT department.

What else is important to analyze in the context of a review on Keller Finance forex broker?

Another characteristic evidence is how Keller Finance maintains feedback from traders. Dubious citizens almost always call without preparation. Managers pretend to be brokers, get in touch with potential victims and from the start offer to invest in dubious projects, and as much as possible, this has not been noticed for kellerfin.com. In fact, the company has a good reputation. As for those companies that are obviously bad, Keller Finance is all the more strikingly distinguished by its reputation, which is almost impossible to buy for money online. We consider this to be one of the most important criteria in the context of the Keller Finance investment review.


Let's not waste your time, and immediately voice our opinion: Keller Finance is not a bad company. On what basis do we think so? Our employees carefully studied all the data available on the Internet, checked customer reviews, conducted interviews with kellerfinance.com employees. Of course, you can find some amount of negative information, but you should not forget about the strong competition among Forex brokers. It is often easier to sling mud at someone else's brokerage organization than to improve your own services. In any case, there is no such negativity in the reviews on Keller Finance forex broker.

Analyzing the company's policy, we also conclude that this is not a fake company. Obviously, the firm has its own division of lawyers. The criminals on the website have the devil knows what. Based on our experience, we can conclude that, in general, they have absolutely no legal information on their official websites, nor any information about the working conditions of the company. The Keller Finance website has it all. In addition, it must be said about the reviews on Keller Finance. Bad companies have either extremely negative reviews, or some percentage of reviews are one hundred percent fake. Keller Finance is doing well with reviews. There are positives, there are negatives, and they are all authentic. Again, with regard to scammers, it is likely that the scammers themselves create reviews for themselves in order to somehow smooth out their fame. Accordingly, we conclude that if broker has a situation with reviews similar to the truth, then the company itself is credible.

About Keller Finance Partners


The firm cooperates with the system of transfers between banks Swift. This system is a well-known world leader in this field. A significant part of financial institutions and honest Forex brokers operate through this system. Of course, dubious companies cannot boast of this. So kellerfinance.com is definitely not a bad company anymore. Swift diligently researches potential partners before launching a partnership. If you give access to the company's system, which raises even small doubts, then this will result in gigantic damage. For example, if Keller Finance were bad financiers and tried to profit from this system, it would be a big reputational blow at best.


Checking the quality of the Keller Finance trading platform


Keller Finance has a department for quality control of work with users. The functions of this division include, as the name implies, tracking user satisfaction with the company's services. The department also develops new products and improves existing ones. Employees are engaged in improving the IT infrastructure of Keller Finance. The work goes on such fronts as testing new functions on the trading platform, eliminating inevitable problems in the software. But the main role is given to the modernization of the company's platform. The goal is clear, to make trading on the platform as convenient as possible. Reviews of Keller Finance speak about this. Thus, it becomes obvious that the organization takes care of its customers. As part of the question: Is Keller Finance a bad company, this matters for three reasons:
  1. Dishonest brokers do not care about the victims. They only care about profit;
  2. As it was said at the beginning of the material, Keller Finance has a well-established website, and unreliable organizations are most often not able to boast of such;
  3. The official websites of criminals are often deleted, even if the criminals wanted to become like a serious company, they would not have time.

Learn more about reviews on Keller Finance


It is important to say one more thing about reviews: they are very difficult to fake, and not only because false reviews are very noticeable, but because of the stereotype. Review sites that care about their own interests will not allow this. Of course, if the Forex broker Keller Finance was trying to strengthen its reputation, the site admins would quickly stop it. In the event that the portal is caught doing poorly with fake reviews, then its reputation will suffer. The same thing happens with the deliberate aversion of eyes to such incidents. In any case, Keller Finance has not been found to be trying to influence the reviews in this way. Our employees specifically contacted the site representative, and he confirmed that this is the case with attempts to cheat reviews. Based on the fact that the reviews of the company are authentic and it is almost impossible to wind them up. The bottom line is: Keller Finance is a decent company!


Briefly about the quality of the company's trading platform.


In general, the firm offers market-standard conditions for traders. In this regard, Keller Finance is also hard to suspect of something criminal. As mentioned above, the company is working on the quality of service. Here is a short list of what the firm offers to potential clients:
  1. Ability to work with MetaTrader 4. Feedback from young and professional traders regarding trading with Keller Finance is generally good;
  2. CFD trading;
  3. Trading on the commodity exchange;
  4. Trading on currency and crypto;
  5. Protected Software;
  6. Education and work on Forex with a mentor.

More about the broker


The MetaTrader 4 trading service has established itself as a good program that is suitable for various types of traders. MetaTrader 4 is built to execute even the most complex trading strategies. There are a variety of indicators suitable for both basic and fundamental analysis in MetaTrader 4. Since the company under study is in partnership with MetaTrader, you don’t have to worry about the prospects of working with Keller Finance.

Why is it important to choose a broker carefully?


It would seem that the consequences of a wrong decision in choosing a firm are obvious, but we are unable to not report on this in more detail, and here's why:
It is extremely difficult to get back funds in the event of a collision with scammers;
After such a development of events, it is very easy to lose faith in trading;

Additional features of scammers:
Quotes on the trading service of the company differ too much from the average.

And so, imagine that a third of this is used by the criminals you encountered. What will happen in such a case? Of course, you will not see profits, as well as your money.

Results:
All of the above should be used as strict criteria when choosing a firm. With regards to Keller Finance, everything is clear. The organization differs from criminals in almost every way. Finally, let's add real feedback from traders about Keller Finance:

Alex:
I am extremely satisfied with the work with the broker. I started from scratch, the analyst coached me for three months. For the year I went to 7% profit per month.

George:
Already tested several brokers. Didn't like it anywhere. What I liked about this company was that everything was sensibly explained and I began to earn income over the long haul, and not with varying degrees of success. I give the company a solid four plus.

Louise:


I have been interested in Forex trading for a long time, but I was afraid to run into a scam or lose money. A friend has been working with this broker for some time and recommended him. Decided to try it and didn't fail. My analyst explained everything from the basics in a very accessible language and I was able to start making good money. I recommend to everyone!))
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