Save on transaction costs with commission credits

Save on transaction costs with commission credits

You can use commission credits to cover commission costs when trading the following products:

How it works

How it works

Open an account
You will receive commission credits on our Gold, Platinum and Diamond plan, and/or through promotions.

Place trades
You pay all trading fees upfront and get refunded for relevant commission costs afterwards.

Get refunded for commission costs
At the end of each trading day, we refund any commission costs that are covered by your credit balance. You can monitor your refunds and credit balance in the platform.

More on Commission credits

You can use commission credits to cover commission costs when trading all products except FX, FX options, CFD options and CFD indices. 

Depending on the plan you are on, you can get commission credits amounting to a certain value in SGD every calendar month. If you switch plans during one month, you keep your old plan’s credits (if applicable) and get your new plan’s credits as well (if applicable). Unused commission credits don’t carry over to the following month. Read the terms of the commission credit here

When you place a trade on any product that includes a commission fee – such as stocks, equity CFDs, ETFs, futures and bonds – your commission credits kick in. You pay all trading fees upfront and, at the end of the day, we refund any commission costs that are covered by your credit balance. We refund you in the currency of your main account. 

Note that commission credits have an expiration date defined by the specific offer as part of which you received them. You can always monitor your credit balance and refunds in the platform. 

No, you can only use the credits to cover commission fees paid to Saxo Markets. The credits cannot be used to cover the SaxoWealthCare fees. 

No, the credits don’t cover the value of the stock, only commission fees connected to the purchase of the stock.

No. If you have any commission credits you don’t use by their expiration date, you lose them. 

Why choose Saxo ?

  • One account, many investment options
    Trade forex, FX options, CFDs, stocks, ETFs, futures, options and bonds from global exchanges.
  • Intuitive trading tools for any device
    Analyse, optimise and manage your trades with tools tailored to your needs.
  • Competitive pricing
    Benefit from market-leading transaction fees and pay less the more you trade.
  • Your partner since 1992
    We are a licensed industry leader, sourcing the best products available and helping you achieve your goals.

270,000+

Daily trades

850,000+

Clients

95 Billion+

USD assets under management

20 billion+

USD daily trade volume

Saxo Markets
88 Market Street
CapitaSpring #31-01
Singapore 048948

Contact Saxo

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Singapore
Singapore

Saxo Capital Markets Pte Ltd ('Saxo Markets') is a company authorised and regulated by the Monetary Authority of Singapore (MAS) [Co. Reg. No.: 200601141M ] and is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms & Risk Warning to consider whether acquiring or continuing to hold financial products is suitable for you, prior to opening an account and investing in a financial product.

Trading in financial instruments carries various risks, and is not suitable for all investors. Please seek expert advice, and always ensure that you fully understand these risks before trading. Trading in leveraged products such as Margin FX products may result in your losses exceeding your initial deposits. Saxo Markets does not provide financial advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Markets does not take into account an individual’s needs, objectives or financial situation.

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