The Danish brokerage Saxo Bank has announced that it has passed the one million client mark on its platform, demonstrating that its strategy is on the right track.
The milestone comes after the company reported in May that its global client assets had reached an all-time high of $100 billion.
"We want to say a big THANK YOU to all of our clients for making this possible and for being a part of our journey. We couldn't have done it without you!" Saxo Bank said in a Twitter post.
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Both achievements are part of a steady growth in clients and assets over the past few years. In May, Saxo Bank's UK unit partnered with digital wealth management company Moneyfarm to launch mutual fund (MF) portfolios for investors on M&G Wealth's &me platform.
In addition, Saxo Bank is currently awaiting recognition as a Systemically Important Financial Institution (SIFI) by the Danish Financial Supervisory Authority (FSA).
"I would like to extend a big thank you to all our passionate and committed employees who are behind our award-winning platforms and who every day do their best to ensure that our growing client base can trade and invest across markets and asset classes," said Kim Fournaic, Founder and CFO of Saxo Bank.
Related news: Saxo Bank's Japan branch is moving to the prestigious Izumi Garden Tower.
Founded in 1992, Saxo Bank provides clients from 170 countries with access to financial markets and the opportunity to earn additional income by investing in ready-made, diversified portfolios.
