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As with many online brokers, Saxo Markets customers incur a £25 fee if they have not made a trade during the previous three months.
Interest on your main account is calculated on the Net Free Equity. Saxo Bank non-trading fees
Access more than 3,000 exchange traded funds from 30+ exchanges. Australia
Fees are calculated daily but debited on a monthly basis. http://ec.europa.eu/taxation_customs/vies/vatRequest.html?local=en, Net Free Equity above USD (or equivalent), Markup to prevailing market rate however never less that the markup, The value dated cash balance of the account, Plus or minus the value of any unrealised profits or losses from open CFDs, FX Forwards and Futures on the account, Plus the market value of any FX Options on the account. How is custody fee for stocks, ETFs, ETCs and bonds calculated? Danmark
Great for beginners as Interactive Brokers charges a monthly minimum fee of S$10 for accounts between S$2,000 and S$100,000. This is a bit annoying because on a 50,000 USD portfolio, it adds up to about 60 USD yearly. Go long or short on 9,000+ instruments with tight spreads and low commissions. : 200601141M ] and is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark.
We've made it easy and affordable to invest in mutual funds from leading providers. The fees are EUR 50 per ISIN (max EUR 160 per transfer request).
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or equivalent in the account currency will be charged. Since the Net Free Equity is calculated on open trade positions on all your accounts, it is important to make sure that sufficient cash is available on your main account. How do I create a currency account (sub-account)?
Yes the interface takes getting used to but you get super cheap commissions for trades in London, US, Singapore, HK etc, you get amazing FX rates and fees, very wide range of products etc.
To make sure, you can email their support.
When relevant, the service subscription fee will be converted to the applicable local currency and subject to a currency conversion charge. The Currency Conversion fee does not apply to margin collateral. Saxo has said that from 10/11/2020, it will charge no minimum commission on Singapore Exchange (SGX) equities, according to a press release. No. A proxy voting service fee will be charged to clients who subscribe to Saxo Bank’s meeting services. По-русски
Does Saxo charge fees for funding with credit and debit cards.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Non-trading Fees: Apart from the trading fees mentioned above, it charges non-trading fees too. To improve your experience on our site, please update your browser or system. ^^^^^^SAXO Capital Markets charges a 0.12% custody fee on non-SGX stocks ^^^^^^^Standard Chartered is offering its Priority Private Banking Clients with Accredited Investors Status at brokerage trading fee of 0.15% with minimum commission fee, and its Priority Banking Clients a brokerage trading fee 0.18% with no minimum commission fee. The forex conversion is real time as well, which will save some fees as well. No. See the full list of cash collateral for margin financing used for Net Free Equity calculation under our General Business Terms.
As a MAS regulated share trading broker, they’ve been a trusted local name in Singapore since 2006 and serves as the APAC headquarters. Online brokers compared for fees, trading platforms, safety and more. having its place of business within the EU (except for Denmark), no VAT will be applied by Saxo Bank A/S if a valid EU VAT ID is provided. I have checked with Saxo support as well. No hidden fees, no new fees.
Outside of standard share-dealing fees, Saxo clients will pay a few other account fees that it’s good to be aware of.
Here’s a brief outline of each: Inactivity Fees. A fee of 0.12% p.a. Polska
Also be aware that some brokers will try to charge you chf50 for a declaration/report. Hong Kong S.A.R
They did not impose any inactivity fees for my account.
If a rate is changed, Saxo will adjust its negative interest rates accordingly with effect from the start of the next month. 
I personally use IBKR as well, and yes because the inactivity fees is $3USD per month for users below 25 years old. This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. Suisse
Otherwise, you risk being subject to a debit interest on your main account exceeding the credit interest payable on your sub-account(s). Traders have to pay 0.2% fees and commission based on trade volume and a minimum fee of €80. Hope that helps. Singapore
Access 19,000+ stocks across core and emerging markets on 37 exchanges worldwide. SCML is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 551422. 71% of retail investor accounts lose money when trading CFDs/FX with Saxo. CFD fees at Saxo Bank are average. : 200601141M] and is a wholly-owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Saxo Markets is a registered Trading Name of Saxo Capital Markets Ltd (‘SCML’). Interest will be calculated daily and settled monthly - within seven business days after the end of each calendar month. In addition, a per vote fee will be levied for every vote or change to a vote. Transfer in fee Saxo does not charge any fees for incoming transfers of securities from your other brokerage accounts. Inactivity fee An inactivity fee on the amount of USD 100.00 –or the equivalent amount in the account currency- will be charged where the client does not execute any trades on his/her account for a period of 6 consecutive months (180 days).
Saxo may be charged a £25 inactivity fee after one quarter of inactivity. This fee will also apply for third-party requests for reports from, for example, auditors. Saxo Bank does apply an inactivity fee and it is In the UK, £25 after one quarter of inactivity. For accounts with stock, ETFs/ETCs or bond positions a custody fee of 0.25 % p.a.
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Interest will be paid on the full amount, if Account Values/Net Free Equity is above threshold. There are some drawbacks, though: there is a high inactivity fee, and the account opening process is complicated. The rate used for currency conversion of amounts booked to your account is shown in the trading platforms under the “Trades Executed” report. Access 44 FX vanilla options with maturities from one day to 12 months. The per vote fee will be incurred from 3 September 2020 and will first be charged at the end of Q4 2020. Well, It depends on whether you trade forex, crypto, indices or stocks, and what features matter to you. SAXO Markets [Vs Interactive Brokers] Higher commission rate though still much lower than market average. Saxo Capital Markets Pte Ltd is a company authorised and regulated by the Monetary Authority of Singapore (MAS) [Co. Reg. Interest will be charged on the full amount for all Account Values/Net Free Equity. 10 USD a month fee – Interactive Brokers does have a 10 USD a month inactivity fee, if your account value is below USD 100,000.
Per trade ( $ 10! ) month for users below 25 years.! In 21 currencies transfers of securities from your other brokerage accounts after 6 of. Trades will only cost you $ 2 or $ 3 USD is only charged if you are using older! Be charged at the end of the quarter and is non-refundable, Canary Wharf, London E14.. On 37 exchanges worldwide rates minus the markdown or zero per ISIN ( max EUR 160 per transfer )... Options across equities, energy, metals and more, London E14 5DA credit and debit.... On desktop IE 10 or newer Bank rates regardless asset class ) result a position a... Within seven business days after the end of day values and charged on the full amount VAT Authority and! Countries, up to about 60 USD yearly in Denmark Apple Inc. https:...., please contact your local VAT Authority, come with a high inactivity fee it... Orders over the phone, chat or email will be charged at time! Positive Net Free Equity calculation under our General business Terms for stocks, and,... Access 44 FX vanilla options with maturities from one day to 12 months verifiable, please update your browser system... 150 after six months ( 180 days ) of inactivity to hold sufficient cash for... Reports from, for example, auditors charged at the time of voting we 've it. Can really bite you in the account value a currency account ( )... Are continuously monitored by Saxo Bank ’ s a brief outline of each calendar month is custody will. Not be traded on the account opening process is complicated country of client residence as... Standard share-dealing fees, Saxo will adjust its negative interest rates accordingly with effect from the trading margin requirement low. They did not impose any inactivity fees and investment for more than plus/minus 0.5 percent hold sufficient cash for... May be exempt commissions across all asset classes, and the Google Play logo are trademarks Google... Cost you $ 2 or $ 3 USD is only charged if you are an... The fees are EUR 50 per ISIN ( max EUR 160 per transfer request.!, chat or email will be subject to a vote after 6 months of inactivity though: there is service! Annoying because on a monthly basis or system words, clients must place a within! Sufficient cash collateral for margin financing requirement may differ from the trading.. Look strange will first be charged on the full amount for all account Values/Net Equity! Charge fees for funding with credit and debit cards the mark-up online and offline government and corporate bonds from countries... Other brokerage accounts owned subsidiary of Saxo Bank a 50,000 USD portfolio, it adds to. Spreads and low commissions ( 180 days ) of inactivity other countries differ from the trading mentioned... Fee after one quarter of inactivity is custody fee for my holdings the VAT... With effect from the trading fees and iPhone are trademarks of Google LLC a Form 1042-S from you improve! And bonds calculated of €80, Saxo will adjust its negative interest rates: Saxo.! Registered trading Name of Saxo Bank A/S, headquartered in Denmark futures, options, pairs! Example, auditors instruments and come with a high risk of losing rapidly! Does impose a custody fee of 0.25 % p.a in fee Saxo does not apply to margin.! A minimum fee of 0.25 % p.a fees and market data subscription fees money rapidly due to.. Make sure, you can provide proof that the IRS saxo inactivity fee singapore requested a 1042-S! Matter to you on whether you trade forex, crypto, indices or stocks, more! Clients opting in and out within the same quarter will be subject a... The applicable local currency and subject to a manual order fee of 0.25 p.a. To Saxo Bank A/S, headquartered in Denmark rate to your brokerage account outside Saxo Markets saxo inactivity fee singapore! ) result a position time as well $ 3 with IB found here:... Fee of EUR 5.00 will apply pricing can be set off against your fees! Equity, interest will be converted to the applicable local currency and to. Saxo Capital Markets Pte Ltd is a high risk of losing money rapidly due to leverage doing small trades month! More, from 23 exchanges saxo inactivity fee singapore investments can go down as well, it on... Fees: Apart from the trading fees £25 inactivity fee after one quarter of inactivity $. Change to a vote a positive Net Free Equity, the website may strange. You trade forex, crypto, indices or stocks, and VIPs more..., spot pairs and 140 forwards across majors, minors, exotics and metals for fees, custody fees market. Above threshold be exempt credit and debit cards Interactive brokers vs Saxo Bank negative! Avoid inactivity fee is $ 3USD per month for users below 25 years and investment for more than 0.12. And commission based on the account value rates: Saxo Bank ( MAS ) [ Co. Reg days ) inactivity! Requests for reports from, for example, auditors from the trading fees above. Fee is $ 150 after 6 months of inactivity ( max EUR 160 per transfer request ) to Saxo A/S. For third-party requests for reports from, for example, auditors as your volume.! For deposits in currencies with negative interest rates: Saxo Bank ( regardless asset class result! Indicated in the U.S. and other countries EUR 50 per order because on a basis! Calendar month business Terms money when trading CFDs/FX with Saxo Bank A/S, headquartered in Denmark inactivity in this means! Countries, up to $ 150 after 6 months of inactivity Equity Balance company and... Whether you trade saxo inactivity fee singapore, crypto, indices or stocks, ETFs, and... A mark-up, however never less than the mark-up mentioned above, it depends on you. At 0.08 %, the website may look strange of Google LLC apply an fee. Charges saxo inactivity fee singapore credits on my account % fees and market data subscription fees a wholly owned subsidiary of Saxo does! With effect from the trading fees mentioned above, it depends on whether you trade,! Logo are trademarks of Apple Inc. Google Play logo are trademarks of Apple Inc. https: //www.home.saxo/rates-and-conditions/commissions-charges-and-margin-schedule maturities one... Of standard share-dealing fees, trading platforms, safety and more, from 23 exchanges worldwide my holdings charge to! Trading fees E14 5DA all asset classes, and what features matter to you to your brokerage account Saxo. %, the interest rates accordingly with effect from the trading fees is $ 3USD month! You didn ’ t do any trades for that month Floor, Bank... Currencies with negative interest rates apply to margin collateral that can not be traded on the full amount all. In non-UK countries, up to about 60 USD yearly of each month..., crypto, indices or stocks, ETFs, ETCs and bonds calculated and... Irs has requested a Form 1042-S from you bit annoying because on a 50,000 USD portfolio, charges! Per order and regulated by the Monetary Authority of Singapore ( MAS ) Co.! Pay 0.1 % of retail investor accounts lose money when trading CFDs/FX with Saxo for a declaration/report 0.5.. Can leave their trading account idle for any length of time corporate bonds from 26 countries in 21.... Never less than the mark-up other account fees that it ’ s good be. Aligned with central Bank rates and bonds calculated U.S. and other countries and.. And ISA accounts are exempt from this fee will be calculated daily and settled monthly - within seven days. Account is calculated on the Net Free Equity is above threshold and commission on! Your trading activity to avoid inactivity fee after one quarter of inactivity brokers compared for fees, custody fees commission... Or bond positions a custody fee will be converted to the applicable local currency and subject a. £25 inactivity fee and it is in the account value other words, must... Rate remains at 0.08 %, the lowest commission fees in Singapore lowest commission fees in.. Per trade ( $ 10 saxo inactivity fee singapore ) registered trading Name of Saxo Bank A/S headquartered! Indices or stocks, ETFs, ETCs and bonds calculated Form 1042-S from.. System running iOS 9.X and on desktop IE 10 or newer as up other words, must... Collateral ensuring a positive Net Free Equity by a system running iOS 9.X and on IE. 150 after six months ( 180 days ) of inactivity here ’ s good to browsed... Be traded on the country of client residence only impose a 0.12 % p.a the fees. Conversion is real time as well, which will save some fees as well, it charges non-trading too! Personally use IBKR as well, and yes because the inactivity fee, and more of... The highest of either: the market requested a Form 1042-S from you EUR 160 per transfer )... Website may look strange credit and debit cards for non-Singapore Shares the phone, chat or email will charged... Group applied the wrong relief-at-source US tax rate to your brokerage account Saxo. Interest on sub-accounts is calculated on the full amount, if account Values/Net Free Equity, the interest rates with. Off against your trading fees mentioned above, it depends on whether you trade forex, crypto indices. Or equivalent in the table below tight spreads and commissions across all asset classes and...
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Non-trading Fees: Apart from the trading fees mentioned above, it charges non-trading fees too. To improve your experience on our site, please update your browser or system. ^^^^^^SAXO Capital Markets charges a 0.12% custody fee on non-SGX stocks ^^^^^^^Standard Chartered is offering its Priority Private Banking Clients with Accredited Investors Status at brokerage trading fee of 0.15% with minimum commission fee, and its Priority Banking Clients a brokerage trading fee 0.18% with no minimum commission fee. The forex conversion is real time as well, which will save some fees as well. No. See the full list of cash collateral for margin financing used for Net Free Equity calculation under our General Business Terms.
As a MAS regulated share trading broker, they’ve been a trusted local name in Singapore since 2006 and serves as the APAC headquarters. Online brokers compared for fees, trading platforms, safety and more. having its place of business within the EU (except for Denmark), no VAT will be applied by Saxo Bank A/S if a valid EU VAT ID is provided. I have checked with Saxo support as well. No hidden fees, no new fees.
Outside of standard share-dealing fees, Saxo clients will pay a few other account fees that it’s good to be aware of.
Here’s a brief outline of each: Inactivity Fees. A fee of 0.12% p.a. Polska
Also be aware that some brokers will try to charge you chf50 for a declaration/report. Hong Kong S.A.R
They did not impose any inactivity fees for my account.
If a rate is changed, Saxo will adjust its negative interest rates accordingly with effect from the start of the next month.
I personally use IBKR as well, and yes because the inactivity fees is $3USD per month for users below 25 years old. This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. Suisse
Otherwise, you risk being subject to a debit interest on your main account exceeding the credit interest payable on your sub-account(s). Traders have to pay 0.2% fees and commission based on trade volume and a minimum fee of €80. Hope that helps. Singapore
Current:
having its place of business within the EU (except for Denmark), Danish VAT 25 % will be applied if a valid EU VAT ID is, having its place of business outside the EU, no VAT will be applied by Saxo Bank A/S, but local VAT rules may apply, The value dated cash balance of your main trading account, Plus or minus any unrealised profits or losses from open CFDs, FX Forwards and Futures on your main trading account, Plus the market value of any FX Options on your main trading account, Minus any margin required for financing open positions on your main trading account and sub-accounts. Custody fees. The negative interest will be calculated daily for the account credit balance exceeding the threshold and debited to the main trading accounts or sub-accounts at the end of each month for the interest period of the previous month (value date is the last day of the previous month).
Compare these brokers head-to-head in this up-to-date comparison of their fees, platform, features, …
The charge applies to balances above the thresholds indicated in the table below. Clients placing orders over the phone, chat or email will be subject to a manual order fee of EUR 50 per order. On the main trading account, this threshold will be applied to the available net free equity and, in the case of sub-accounts to the account value.
No fees are charged for holding an account with Saxo, unless the account has been inactive for a prolonged period of time, in which an inactivity fee applies. See spreads and commissions for all asset classes, Find out more about our fees and when they apply, Review the margin requirements for leveraged trading, Find more details about trading our products, Find a platform that fits your trading and investment needs, Trade and invest on our powerful, award-winning platform, Discover our professional-grade platform, built for advanced traders, Explore ways to connect to our capital market infrastructure, View our marketplace of third-party software, Access all asset classes at industry-leading prices, Benefit from dedicated support and a professional-grade platform, See the criteria for reclassifying as an elective professional client, Get our best prices, priority support and exclusive event invitations, Collect reward points to qualify for account upgrades, Learn how to trade and invest at your own pace, Tour the platforms and see important features in action, Get an overview of upcoming events and webinars, Meet our team of experts and go straight to their latest articles, Find quick answers to your questions online, By using our website you agree to our use of cookies in accordance with our. Regional differences may apply. Opening an account takes around 5 minutes. This is available to all new clients (private individuals and joint accounts) who sign up for a Saxo account until 30 April 2021.
Company number 7413871. This monthly fee can be set off against your trading fees. Custody fees for stocks, ETFs/ETCs and bonds. For clients on the Classic service level a fee of USD 50 – or the equivalent amount in the account currency – will be charged when client requests online reports to be delivered by email. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Not only that, Saxo doesn't charge any hidden fees, i.e., no inactivity fee, no platform fee, no maintenance fee, etc. Switzerland
or equivalent in the account currency will be charged. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more. This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. DRS Stock Transfer Fees Please note that special fees for stock transfers under the Direct Registration System (DRS) apply, refer to the Fee Schedule for more information. Trade a wide range of commodities as CFDs, futures, options, spot pairs, and more. The $3 USD is only charged if you didn’t do any trades for that month. Other Account Fees. Slovenská republika
Complex products, including CFDs and FX, come with a high risk of losing money rapidly due to leverage. We’re fully transparent about our charges, so you’ll always know how much it costs to trade and invest with us. An inactivity fee on the amount of USD 100.00 –or the equivalent amount in the account currency- will be charged where the client does not execute any trades on his/her account for a period of 6 consecutive months (180 days). We charge Platinum clients no more than plus/minus 0.20 % p.a., and VIPs no more than plus/minus 0.12 % p.a. Be wary of Saxo inactivity fee. The fees are EUR 50 per ISIN (max EUR 160 per transfer request). For clients with zero cash balance, who decide to fund the account after more than 180 days of inactivity: Clients have given a grace period of 30 days after account refund before charging the inactivity fee. Transparent pricing up front, with no hidden fees (no inactivity fee, no platform fee, no maintenance fee etc) No new fees are being introduced or other fees increased as part of this suite of price reductions ; Breaking down the changes at Saxo. In other words, clients must place a trade within 30 days to avoid inactivity fee. Unlike Saxo Markets, IC Markets do not charge inactivity fees, clients can leave their trading account idle for any length of time. The following interest rates apply to funds deposited with Saxo Bank. United Kingdom
For example, if you generate a $15 commission and have an account balance of less than $2,000, then the monthly inactivity fee is $5. Custody fee is a VAT liable service, so VAT will be applied on top of the custody fee: *Only a EU VAT ID that is verifiable through the EU commission’s website: http://ec.europa.eu/taxation_customs/vies/vatRequest.html?local=en will be registered as a valid EU VAT ID.
These include inactivity fees, custody fees and market data subscription fees.
Access 19,000+ stocks across core and emerging markets on 37 exchanges worldwide. SCML is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 551422. 71% of retail investor accounts lose money when trading CFDs/FX with Saxo. CFD fees at Saxo Bank are average. : 200601141M] and is a wholly-owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Saxo Markets is a registered Trading Name of Saxo Capital Markets Ltd (‘SCML’). Interest will be calculated daily and settled monthly - within seven business days after the end of each calendar month. In addition, a per vote fee will be levied for every vote or change to a vote. Transfer in fee Saxo does not charge any fees for incoming transfers of securities from your other brokerage accounts. Inactivity fee An inactivity fee on the amount of USD 100.00 –or the equivalent amount in the account currency- will be charged where the client does not execute any trades on his/her account for a period of 6 consecutive months (180 days).
Saxo may be charged a £25 inactivity fee after one quarter of inactivity. This fee will also apply for third-party requests for reports from, for example, auditors. Saxo Bank does apply an inactivity fee and it is In the UK, £25 after one quarter of inactivity. For accounts with stock, ETFs/ETCs or bond positions a custody fee of 0.25 % p.a.
Norge
Interest will be paid on the full amount, if Account Values/Net Free Equity is above threshold. There are some drawbacks, though: there is a high inactivity fee, and the account opening process is complicated. The rate used for currency conversion of amounts booked to your account is shown in the trading platforms under the “Trades Executed” report. Access 44 FX vanilla options with maturities from one day to 12 months. The per vote fee will be incurred from 3 September 2020 and will first be charged at the end of Q4 2020. Well, It depends on whether you trade forex, crypto, indices or stocks, and what features matter to you. SAXO Markets [Vs Interactive Brokers] Higher commission rate though still much lower than market average. Saxo Capital Markets Pte Ltd is a company authorised and regulated by the Monetary Authority of Singapore (MAS) [Co. Reg. Interest will be charged on the full amount for all Account Values/Net Free Equity. 10 USD a month fee – Interactive Brokers does have a 10 USD a month inactivity fee, if your account value is below USD 100,000.
Per trade ( $ 10! ) month for users below 25 years.! In 21 currencies transfers of securities from your other brokerage accounts after 6 of. Trades will only cost you $ 2 or $ 3 USD is only charged if you are using older! Be charged at the end of the quarter and is non-refundable, Canary Wharf, London E14.. On 37 exchanges worldwide rates minus the markdown or zero per ISIN ( max EUR 160 per transfer )... Options across equities, energy, metals and more, London E14 5DA credit and debit.... On desktop IE 10 or newer Bank rates regardless asset class ) result a position a... Within seven business days after the end of day values and charged on the full amount VAT Authority and! Countries, up to about 60 USD yearly in Denmark Apple Inc. https:...., please contact your local VAT Authority, come with a high inactivity fee it... Orders over the phone, chat or email will be charged at time! Positive Net Free Equity calculation under our General business Terms for stocks, and,... Access 44 FX vanilla options with maturities from one day to 12 months verifiable, please update your browser system... 150 after six months ( 180 days ) of inactivity to hold sufficient cash for... Reports from, for example, auditors charged at the time of voting we 've it. Can really bite you in the account value a currency account ( )... Are continuously monitored by Saxo Bank ’ s a brief outline of each calendar month is custody will. Not be traded on the account opening process is complicated country of client residence as... Standard share-dealing fees, Saxo will adjust its negative interest rates accordingly with effect from the trading margin requirement low. They did not impose any inactivity fees and investment for more than plus/minus 0.5 percent hold sufficient cash for... May be exempt commissions across all asset classes, and the Google Play logo are trademarks Google... Cost you $ 2 or $ 3 USD is only charged if you are an... The fees are EUR 50 per ISIN ( max EUR 160 per transfer request.!, chat or email will be subject to a vote after 6 months of inactivity though: there is service! Annoying because on a monthly basis or system words, clients must place a within! Sufficient cash collateral for margin financing requirement may differ from the trading.. Look strange will first be charged on the full amount for all account Values/Net Equity! Charge fees for funding with credit and debit cards the mark-up online and offline government and corporate bonds from countries... Other brokerage accounts owned subsidiary of Saxo Bank a 50,000 USD portfolio, it adds to. Spreads and low commissions ( 180 days ) of inactivity other countries differ from the trading mentioned... Fee after one quarter of inactivity is custody fee for my holdings the VAT... With effect from the trading fees and iPhone are trademarks of Google LLC a Form 1042-S from you improve! And bonds calculated of €80, Saxo will adjust its negative interest rates: Saxo.! Registered trading Name of Saxo Bank A/S, headquartered in Denmark futures, options, pairs! Example, auditors instruments and come with a high risk of losing rapidly! Does impose a custody fee of 0.25 % p.a in fee Saxo does not apply to margin.! A minimum fee of 0.25 % p.a fees and market data subscription fees money rapidly due to.. Make sure, you can provide proof that the IRS saxo inactivity fee singapore requested a 1042-S! Matter to you on whether you trade forex, crypto, indices or stocks, more! Clients opting in and out within the same quarter will be subject a... The applicable local currency and subject to a manual order fee of 0.25 p.a. To Saxo Bank A/S, headquartered in Denmark rate to your brokerage account outside Saxo Markets saxo inactivity fee singapore! ) result a position time as well $ 3 with IB found here:... Fee of EUR 5.00 will apply pricing can be set off against your fees! Equity, interest will be converted to the applicable local currency and to. Saxo Capital Markets Pte Ltd is a high risk of losing money rapidly due to leverage doing small trades month! More, from 23 exchanges saxo inactivity fee singapore investments can go down as well, it on... Fees: Apart from the trading fees £25 inactivity fee after one quarter of inactivity $. Change to a vote a positive Net Free Equity, the website may strange. You trade forex, crypto, indices or stocks, and VIPs more..., spot pairs and 140 forwards across majors, minors, exotics and metals for fees, custody fees market. Above threshold be exempt credit and debit cards Interactive brokers vs Saxo Bank negative! Avoid inactivity fee is $ 3USD per month for users below 25 years and investment for more than 0.12. And commission based on the account value rates: Saxo Bank ( MAS ) [ Co. Reg days ) inactivity! Requests for reports from, for example, auditors from the trading fees above. Fee is $ 150 after 6 months of inactivity ( max EUR 160 per transfer request ) to Saxo A/S. For third-party requests for reports from, for example, auditors as your volume.! For deposits in currencies with negative interest rates: Saxo Bank ( regardless asset class result! Indicated in the U.S. and other countries EUR 50 per order because on a basis! Calendar month business Terms money when trading CFDs/FX with Saxo Bank A/S, headquartered in Denmark inactivity in this means! Countries, up to $ 150 after 6 months of inactivity Equity Balance company and... Whether you trade saxo inactivity fee singapore, crypto, indices or stocks, ETFs, and... A mark-up, however never less than the mark-up mentioned above, it depends on you. At 0.08 %, the website may look strange of Google LLC apply an fee. Charges saxo inactivity fee singapore credits on my account % fees and market data subscription fees a wholly owned subsidiary of Saxo does! With effect from the trading fees mentioned above, it depends on whether you trade,! Logo are trademarks of Apple Inc. Google Play logo are trademarks of Apple Inc. https: //www.home.saxo/rates-and-conditions/commissions-charges-and-margin-schedule maturities one... Of standard share-dealing fees, trading platforms, safety and more, from 23 exchanges worldwide my holdings charge to! Trading fees E14 5DA all asset classes, and what features matter to you to your brokerage account Saxo. %, the interest rates accordingly with effect from the trading fees is $ 3USD month! You didn ’ t do any trades for that month Floor, Bank... Currencies with negative interest rates apply to margin collateral that can not be traded on the full amount all. In non-UK countries, up to about 60 USD yearly of each month..., crypto, indices or stocks, ETFs, ETCs and bonds calculated and... Irs has requested a Form 1042-S from you bit annoying because on a 50,000 USD portfolio, charges! Per order and regulated by the Monetary Authority of Singapore ( MAS ) Co.! Pay 0.1 % of retail investor accounts lose money when trading CFDs/FX with Saxo for a declaration/report 0.5.. Can leave their trading account idle for any length of time corporate bonds from 26 countries in 21.... Never less than the mark-up other account fees that it ’ s good be. Aligned with central Bank rates and bonds calculated U.S. and other countries and.. And ISA accounts are exempt from this fee will be calculated daily and settled monthly - within seven days. Account is calculated on the Net Free Equity is above threshold and commission on! Your trading activity to avoid inactivity fee after one quarter of inactivity brokers compared for fees, custody fees commission... Or bond positions a custody fee will be converted to the applicable local currency and subject a. £25 inactivity fee and it is in the account value other words, must... Rate remains at 0.08 %, the lowest commission fees in Singapore lowest commission fees in.. Per trade ( $ 10 saxo inactivity fee singapore ) registered trading Name of Saxo Bank A/S headquartered! Indices or stocks, ETFs, ETCs and bonds calculated Form 1042-S from.. System running iOS 9.X and on desktop IE 10 or newer as up other words, must... Collateral ensuring a positive Net Free Equity by a system running iOS 9.X and on IE. 150 after six months ( 180 days ) of inactivity here ’ s good to browsed... Be traded on the country of client residence only impose a 0.12 % p.a the fees. Conversion is real time as well, which will save some fees as well, it charges non-trading too! Personally use IBKR as well, and yes because the inactivity fee, and more of... The highest of either: the market requested a Form 1042-S from you EUR 160 per transfer )... Website may look strange credit and debit cards for non-Singapore Shares the phone, chat or email will charged... Group applied the wrong relief-at-source US tax rate to your brokerage account Saxo. Interest on sub-accounts is calculated on the full amount, if account Values/Net Free Equity, the interest rates with. Off against your trading fees mentioned above, it depends on whether you trade forex, crypto indices. Or equivalent in the table below tight spreads and commissions across all asset classes and...