Make your money work harder with a Saxo stocks and shares ISA

Make the most of your 2024/25 tax-free allowance.

Unlike cash, the value of investment can fall as well as rise, so you could get back less than you invest. Tax rules can change and the value of any benefits depend on your personal circumstances.

ISAs are a tax-efficient way to help you build wealth

ISAs are a tax-efficient way to help you build wealth

Are you a UK resident over 18? Then you’ll have a tax-free ISA allowance of £20,000 for the 2024/25 tax year. If you invest this in a stocks and shares ISA, your profits will be free from capital gains tax and you’ll pay no tax on income from any dividends either.

With Saxo, you can invest your £20,000 in more than 11,000 global stocks, ETFs and bonds.

Saxo now offers up to 3.91%* interest on your cash deposits

* Interest earned only above GBP 10,000 (or equivalent) at a variable rate and the best rate is earned on balances above GBP 100k

Why open an account with Saxo?

  • Market-leading prices

    Invest in more than 11,000 ISA-eligible stocks, ETFs, bonds and funds starting from just USD 1*

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    Award-winning platform

    Build your portfolio and manage your investments with ease. Whether you’re at home or on the go, your ISA will be right there with you.

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  • No transfer in fees

    You might have an ISA or two knocking about already. Transfer it to Saxo, whatever the value, and we won’t charge you a penny.

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    No entry or exit fees

    Open a Saxo ISA for free and, if your circumstances change, withdraw your funds at any time without penalty.


Diversify with Funds

Now, you can invest in more than 5000+ popular funds from leading fund managers to help you build a truly diversified portfolio from zero commission.*

ISA Essentials

  • Why choose a stocks and shares ISA over a cash ISA?
    Unsure whether a stocks and shares ISA or a cash ISA would suit your investment needs best? Read on for the pros and cons of each individual savings account.
    Read more
  • Everything about ISAs explained: Should you get one?
    ISAs allow people to invest their savings without paying tax on gains. Read more about the different types of ISA accounts such as cash or stocks and shares.
    Read more
  • Six tips for supercharging your ISA returns – without really trying
    As the tax-year-end looms and people think about last-minute planning for their ISA, here are six tips that can help you increase the size of your pot and make it work much harder.
    Read more
  • Seven tips for boosting your ISA returns
    ISAs are a great resource for building up a pot of money that can add to your financial security over time. However, that pot can become much larger if you know how to make it work harder for you.
    Read more

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    ISA FAQs

    A stocks and shares ISA provides access to more than 11,000 stocks, ETFs, investment trusts, mutual funds and bonds. After opening your account and logging into our platform, all the visible products are ISA eligible. Such as:

    • Shares issued by companies officially listed on an HMRC recognised stock exchange anywhere in the world 
    • Corporate bonds issued by companies officially listed on a recognised stock exchange anywhere in the world 
    • UK government gilts and similar securities issued by other governments in the EEA 
    • Funds (unit trusts, OEICs, ETFs and UCITS), which are authorised by either the Financial Services Authority (FCA) or considered by the FCA to be "UK-friendly". Essentially, these funds must have 'UK reporting status' in order to be eligible. (Any funds that are domiciled outside of the UK and do not carry the 'UK reporting status' stamp are ineligible.) 
    • Units or shares in non-UCITS retail schemes that are considered by the FCA to be "UK-friendly"
    • Shares in investment trusts 
    • Cash may be held in a stocks and shares ISA if the investor has plans to eventually invest this money in one of the above qualifying investments

    This list is not inclusive and if you would like to request an instrument there may be additional charges. To find out more, please see the following article here.

    Individual savings accounts only provide access to cash products.
    Yes: invest in 11,000+ eligible stocks, ETFs bonds and trusts on 25 leading global exchanges with a Saxo stocks and shares ISA.

    Find more information about our general charges here.

    Visit our Stocks Commissions page to see prices for trading equities across different exchanges.
    Visit our Bonds Commissions page to see prices for trading global government and corporate bonds.

    You can review our trading conditions for Stocks here, and for Bonds here.

    An ISA is a HMRC-approved tax wrapper. As such, it is only possible to open and fund ISAs in pound sterling.
    There are four kinds of ISA: cash, stocks & shares, lifetime, and innovative finance. Over the course of the tax year, you can open one of each and split your allowance among them.

    For example, you could invest £10,000 into your Saxo stocks and shares ISA, £5,000 into a cash ISA and £5,000 into an innovative finance ISA. Crucially, you cannot invest into two ISAs of the same category, such as two stocks and shares ISAs held with different providers.

    Yes, we are now able to accept transfers of existing ISA portfolios of any value/balance. Please complete and return our transfer form via email to Download here.

    Please note that we do not accept ISA transfer requests via post.

    You will receive a dedicated Saxo ID for your ISA, from which you can invest in 11,000+ eligible products.

    If you didn’t find what you were after, contact us directly and we’ll be pleased to help.


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    All trading carries risk. 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
    Additional Key Information Documents are available in our trading platform.

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