Now that you’ve paid money into your Saxo Bank Suisse account, let’s see which trading platform to use to buy your future ETFs.
The different Saxo Bank trading platforms
Saxo Bank Suisse offers you three trading platforms:
1. SaxoInvestor — For beginners or passive investors
Advantages:
- Simple, intuitive interface
- Detailed portfolio view
- Available on web and mobile
Drawbacks:
- Limited functionality for active trading
- Fewer advanced analysis tools
2. SaxoTraderGO — For active investors
The benefits:
- Advanced platform with a full range of products
- Detailed analyses, charts and sophisticated tools
- Available on web and mobile
Disadvantages :
- Can be complex for beginners
- Some advanced features may require a subscription
3. SaxoTraderPRO — For professional traders
The benefits:
- Fully customizable platform
- Supports up to six screens on Windows and Mac
- Advanced trading tools and in-depth market analysis
Drawbacks:
- Only available as a desktop application
- May be too complex for occasional users
My choice of Saxo platform as a Mustachian investor
As a reminder, on this blog, we invest passively via ETFs (Exchange-Traded Funds). This means buying ETFs about once a quarter, or at most once a month.
So we need a simple, efficient platform, so that we can do our shopping in a matter of minutes, then get back to the more interesting things in our lives.
And above all, we don’t need complex analysis charts that we don’t understand, and don’t use.
I therefore use and recommend the SaxoInvestor trading platform for any investor following this passive investment strategy.
You will find on this Saxo link more information and detailed documentation on their SaxoInvestor investment platform.
Next step: buy your first ETF on Saxo Bank!
Now that we know which Saxo platform to use, it’s time to take action for real! And buy our first ETF to make your savings grow in Swiss francs.
That’s what we’ll be looking at in the next chapter.