How it works
How it works
Open an account
You will receive commission credits on our Silver, Gold, Platinum and Diamond plan, and/or through promotions.
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 ?
- Trade forex, FX options, CFDs, stocks, ETFs, futures, options and bonds from global exchanges.
Intuitive trading tools for any deviceAnalyse, optimise and manage your trades with tools tailored to your needs.
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