Saxo Bank

Saxo Bank A/S
Company typePrivate
IndustryBrokerage firm, banking, trading, investment fintech
Founded1992 (1992)
FounderKim Fournais
Lars Seier Christensen
Mark Anthony Hauschildt 
HeadquartersCopenhagen, Denmark
Key people
Kari Stadigh, Chairman (Chairman)
Henrik Normann (Vice-Chairman)
Kim Fournais (founder)
Lars Seier Christensen (founder)
Daniel Belfer (CEO)
ProductsInvestment Banking, trading platforms, online trading and investment
Revenue4,670,000,000 Danish krone (2024) 
DKK 4.66 billion (2024)
DKK 1.005 billion (2024)
Total assets DKK 850 billion (2024)
Total equity DKK 7.4 billion (2024)
Owner
Number of employees
2,224 (2020)
Websitewww.home.saxo

Saxo Bank is a Danish investment bank specializing in online trading and investment. It provides access to a broad range of financial instruments, including Forex, stocks, CFDs, futures, funds, bonds, and futures spreads, through its proprietary online trading platforms.

Established in 1992 as a brokerage firm under the name Midas Fondsmæglerselskab (English: Midas Stockbroker Company) by Lars Seier Christensen and Kim Fournais, the company rebranded as Saxo Bank in 2001 upon obtaining its banking license.

Headquartered in Copenhagen, it operates through offices in financial centres such as London, Paris, Zürich, Dubai, Singapore, India, and Tokyo. As of March 2, 2026, the Swiss bank J. Safra Sarasin held a majority stake of 71% in the company, while co-founder Kim Fournais retained 28.41%.