Stocks pricing

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.

Get an overview of our available market data subscription services here

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

You can review our trading conditions for Stocks here.

• US exchanges 0.5 cents per share (CPS)
• EMEA & APAC exchanges 3 bps of notional value

Custody fees for stocks, ETFs/ETCs and bonds

For accounts with stock, ETFs/ETCs or bond positions, a custody fee of 0.15 % p.a. with a monthly minimum fee of EUR 5.00 will apply. The minimum custody fee will always be applied to a default account. The custody fee will be calculated daily using the end of day values and charged on a monthly basis. Regional differences may apply.

Value Added Tax (VAT)

Custody fee is a VAT liable service, so VAT will be applied on top of the custody fee:

Physical persons

• residing within the EU, Danish VAT 25 % will apply
• residing outside of the EU, no VAT will be applied by Saxo Bank

Corporate/Institutional client

• having its place of business in Denmark, Danish VAT 25 % will apply
• having its place of business within the EU (except for Denmark), no VAT will be applied by Saxo Bank if a valid EU VAT ID is provided.* A reverse charge invoice will be provided.
• having its place of business within the EU (except for Denmark), Danish VAT 25 % will be applied if a valid EU VAT ID is not provided.
• having its place of business outside the EU, no VAT will be applied by Saxo Bank, but local VAT rules may apply

*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. If the EU VAT ID is not verifiable, please contact your local VAT authority.

For transfers of Stocks to your account outside Saxo Bank, an exit fee will be charged. The fees are as follows:

• DK Stocks: 25 EUR per ISIN (max. 100 EUR)
• Other Stocks: 50 EUR per ISIN (max. 160 EUR)

Taxes and fees may occur on other corporate action, other than cash dividends, such as fee on a stock dividend or tax on a merger. When such taxes and fees occur Saxo Bank will debit the client’s account accordingly.

Find more information about our general charges and fees here.