Introducing new lower pricing and custody fees

Keeping costs low is important. That’s why we’re pleased to announce that from 25.11.2021, we’re lowering our prices and fees where it will really make a difference.

Custody fees up to 40% lower

As of 25.11.2021, we are lowering our monthly custody fees by up to 40%. Please see the changes below:
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Custody fee p.a. ClassicPlatinum
VIP
Old0,25%0,20%
0,12%
New0,15%0,12%
0,09%
Read more about custody fees here.

* For some clients living in Germany, Austria and Turkey the "old" custody fee was 0,15% across all account tiers.

Save up to 92% on non-US stock CFDs

To keep our pricing ultra-competitive, we’re lowering our prices significantly – up to 92% – on single stock CFDs on non-US markets such as Europe, Asia or Africa.

To see our new lower prices, please visit our CFD pricing page here.


Lower commissions on bonds

Effective 25.11.2021, you will also save up to 75% on commissions when you trade online or offline bonds. Please see the changes below:
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Minimum commissionClassicPlatinum
VIP
Old80 EUR60 EUR (50 EUR for offline bonds)
50 EUR
New20 EUR20 EUR
20 EUR

Lower thresholds on negative interest rates and adjusted rates

Negative interest rates have been with us for several years and the threshold for negative interest rates is being further lowered across the world. Please note that the following thresholds and rates apply for new approved accounts from 25.11.2021. For existing customers, these new rates and thresholds will apply from 1.2.2022.

You can see the new rates and thresholds below:
ClassicPlatinum
VIP
Markdown to centralbank rates (bps) -50-35
-25
Threshold EUR 50k75k
100k
Threshold CHF 50k75k
100k
Threshold DKK 375k550k
750k
If you have cash holdings in EUR, CHF or DKK above the thresholds, you may wish to consider alternative strategies for your money. We offer a wide range of investment products, including stocks, bonds, mutual funds or SaxoSelect managed portfolios. For more information, please click here.

You can also choose to convert part or all of your cash holdings into other currencies which do not incur negative interest. For instructions on how to open a sub-account in another currency, please click here.


Have questions?

If you have any questions about these changes or any of our investment products, please don’t hesitate to contact us.

188,000+

Daily trades

810,000+

Clients

95+ billion

USD assets under management

13+ billion

USD daily trade volume

Saxo Bank A/S (Headquarters)
Philip Heymans Alle 15
2900
Hellerup
Denmark

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