Earn reward points for
every qualifying trade

Trade more, pay less and receive better service with our new loyalty
program, launched on 19 May 2020.

Collect reward points to qualify for account upgrades, and monitor
your points balance in real-time for complete transparency.

More points mean better prices

Unlock better levels of pricing and service as you collect more points.

  • Points 0

    Classic

    Industry-leading entry prices and
    best-in-class digital service and support.

    • Tight entry prices
    • Best-in-class digital service and support
    • 24/5 technical and account support
  • Points 120,000

    Platinum

    Receive up to 30% lower prices, priority
    support and much more.

    • Up to 30% lower prices
    • Best-in-class digital service and support
    • 24/5 technical and account support
    • Priority customer support
  • Points 500,000

    VIP

    Get the VIP treatment with our best prices, priority service and direct SaxoStrat access.

    • Our very best prices
    • Best-in-class digital service and support
    • 24/5 technical and account support
    • Local-language personal relationship manager
    • Direct access to our trading experts, 24/7
    • 1:1 SaxoStrats access
    • Exclusive event invitations

    Learn about our prestigious VIP network

How does it work?

Your loyalty is worth rewarding

  • 0 Points
  • 0 Points
  • 120,000 Points
  • 120,000 Points
  • 500,000 Points

To say thank you for trading with us, you’ll earn reward points every time you place a qualifying trade.

Collect enough points and you’ll upgrade to our higher account tiers, which offer you improved trading conditions.

  • TradeVolume*Points
    FX spot trade
    EUR 10,00030
    Stock trade
    EUR 10,000160
    CFD single stock trade
    EUR 10,000180
    Bond investment
    EUR 10,000320

    *EUR or equivalent value in trading currencies.

  • How to earn points

    You’ll earn reward points every time you place a qualifying trade, with different asset classes and
    trade sizes worth a varying number of points. You can also earn points for other activities, such as adding funds to your account.

    See the full point catalogue

    Frequently asked questions

    You don’t need to do anything. As you’re already a Saxo client, you’ll automatically join our loyalty program, for no extra charge.

    When Saxo Rewards launched on 19 May 2020, existing clients remained in the same tier they were in immediately prior to the launch. If you are a new client, your initial deposit will determine your account tier. Initial funding of AUD 300,000 will secure entry to the Platinum tier and AUD 1,500,000 to the VIP tier. There is no minimum initial funding limit to enter our Classic tier. 

    The upgrade will be effective two working days after the balance in your Saxo account reaches the qualifying level (e.g. AUD 1,500,000 to attain VIP status).

    To qualify for an upgrade, you’ll need to earn a specific number of reward points, defined by the tier you want to join. We base qualification to a tier on the number of points you’ve earned this month, and in the three previous months. 

    For example, any points earned in January will not be included in the points total from 1 May.

    When you qualify for an account tier, you’ll receive a rolling 12-month membership. That means if you continue to meet the rolling points criteria of your tier, your 12-month membership will roll over as well. If you ever drop below the qualifying points criteria, you’ll have a 12-month grace period before we’ll move you to a lower tier, giving you time to build up your reward points again.

    After your account has been open for 30 days, you’ll receive points for the total average assets under management (AuM) of your account. This refers to the total value on your account, including any cash deposits and open positions.

    Your reward points are calculated based on the monthly average AuM, and you’ll receive your points two trading days before the end of each month.

    An average AuM of AUD 15,000, for example, would earn you 250 Reward points every month.

    Please note that we will not include AuM in our calculations during the first 30 days of your account being open. Rather, during this period we will factor in net funding into the account, as outlined above.

    If you don’t meet the points criteria of your tier, we won’t move you to a lower tier immediately. Instead, you’ll enter a 12-month grace period. This means you can continue to enjoy all the benefits of your current account tier for at least another 12 months.

    This should give you time to collect enough reward points to qualify for your current tier again. If you do, your rolling 12-month membership will start anew. We will only consider moving you to a lower tier if you’re unable to meet the points criteria of your tier at any time during the grace period.

    Points are credited to accounts automatically on a daily basis, so please allow 24 hours for points you have earnt to be reflected in your account.
    1. Your Saxo Rewards tier is strictly personal to your own client account and is non-transferable. * Abuse of the Saxo Rewards program inconsistent with the purpose and intention of the program (such as gaming with and/or exploiting any unintended technical limitation) may lead to:
      1. The clawback of any Saxo Rewards points credited to you that may be deemed ineligible; and/or
      2. You being disqualified from the Saxo Rewards program and your benefits being withdrawn from you.
    2. Saxo reserves the discretion to determine what behaviour or activity constitutes misuse of the Saxo Rewards program, and may require you to indemnify it for any losses and/or damage arising from such misuse.
    3. Saxo reserves the right to modify the Saxo Rewards program, including these terms, at any time. This includes (but are not limited to) changes such as:
      1. Tier qualification requirements and/or conditions;
      2. The type of benefits accruing to the various tiers (as applicable);
      3. Validity duration of Saxo Rewards points; and
      4. Special features, offers and/or promotions (as applicable) that may be available to various tiers
    4. You accept that you are responsible for keeping yourself updated on any changes that Saxo may implement to the Saxo Rewards program from time to time.

    * Saxo Rewards is applicable only to direct private client (including individual or corporate accounts). The program is not eligible for any institutional accounts, including Trust and SMSF accounts.

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    Suite 1, Level 14, 9 Castlereagh St
    Sydney NSW 2000
    Australia

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