Trade stocks on an award-winning platform

It is free to open a sub-account in another currency for Saxo clients. Receive more control over your international investment and FX cost by using a sub-account.

Simply open an account, and follow the instruction

Yes you can transfer a stock and/or bond position from one sub-account to another. A Position movement between Sub-accounts ticket is required. Saxo does not charge for the service. 

See instructions to transfer positions here. 

CHESS (Clearing House Electronic Sub-register) is the ASX’s share transaction and settlement system. A unique Holder Identification Number (HIN) is allocated to anyone with CHESS-sponsored shares. With a HIN, rather than holding physical share certificates, all your holdings are recorded in a secure database.

CHESS issues an easy-to-read statement to shareholders, detailing all their ASX holdings, providing investors with a secure way to hold equities in their own name.

CHESS-sponsored share trading offers numerous advantages:

• Full portability of securities, without potential tax implications
• All your ASX holdings are consolidated under one Holder Identification Number (HIN)
• Securities can be traded whenever markets are open

• When trading ASX Stocks, ETFs, ETCs and Bonds with Saxo in a custody share trading account Saxo is acting as the custodian of the assets. These assets are held on your behalf by Saxo’s sub-custodian Citibank.
• This is separate to a HIN account, where you hold the assets directly under your name via a registered client holdings CHESS Broker Sponsored Account.
• Platform experience is still the same.

• Name held in
  • Custody: Stocks held under custodian - Saxo Capital Markets (Australia) Limited.
  • HIN: AU stocks held under the client's name.
• Corporate Actions
  • Custody: Online on the platform.
  • HIN: AU stocks will receive correspondence on corporate actions via paper mail.
• Voting rights
  • Custody: None
  • HIN: Given voting rights.
• Current commissions
  • Custody: AUD 5 minimum
  • HIN: AUD 14.90 minimum
  • For the prevailing costs/commissions, please always refer to the to the trading conditions in the platform. The rates above are subject to change.
• Dividend
  • Custody: Will be allocated to Saxo trading account.
  • HIN: Will be allocated to your nominated external bank account.

See full details on Custodian and HIN accounts, please see Support here.

We execute stock orders using smart order routing (SOR) technology, which sources liquidity from multiple venues, including regulated exchanges and MTFs, to optimise execution rates and fill ratios.

You can use a percentage of your stocks’ value as margin collateral to increase your market exposure when trading forex, CFDs and futures. To see a complete list of available stocks and ETFs, along with their collateral values, click here.

Find more information about our general charges here.

You can review our trading conditions for Stocks here.