Point catalogue

The number of points you will earn will depend on the product(s) you trade, and the size of your trade(s). Certain products will earn you more points than others, and the more you trade – in value or lots, for example - the more points you will earn.

The table below shows how many points you will earn for specific trading volumes in different products. Please note that points are not awarded in these exact multiples; you can earn 4 points or 1,234 points, for example, from different trades.

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ProductVolumePoints
FX spot tradeEUR 10,00030
Crypto FX tradeEUR 10,00030
FX option tradeEUR 10,00040
CFD index tradeEUR 10,00020
CFD equity tradeEUR 10,000180
CFD all tradeEUR 10,00030
CFD exp. tradeEUR 10,00020
Stock tradeEUR 10,000160
Stock option trade150
Non-stock option trade1110
Contract future trade1110
Contract options trade1110
Bonds investmentEUR 10,000320

Frequently asked questions

You don’t need to do anything. As you’re already a Saxo client, you’ll automatically join our loyalty programme, for no extra charge.

The number of points you will earn will depend on the product(s) you trade, and the size of your trade(s). Certain products will earn you more points than others, and the more you trade - in value or lots, for example – the more points you will earn.

When Saxo Rewards launched on 4 February 2020, existing clients remained in the same tier they were in immediately prior to the launch. If you're a new client, your initial deposit will determine your account tier. Initial funding of SGD 3,000 will secure entry to the Classic tier, SGD 300,000 to the Platinum tier, and SGD 1,500,000 to the VIP tier. The upgrade will be effective two working days after the balance in your Saxo account reaches the qualifying level (e.g. SGD 1,500,000 to attain VIP status).

To qualify for an upgrade, you’ll need to earn a specific number of reward points, defined by the tier you want to join. We base qualification to a tier on the number of points you’ve earned this month, and in the three previous months. 

For example, any points earned in January will not be included in the points total from 1 May.

There are two ways you can earn reward points by funding your account.

1. First 30 days net funding

As a new Saxo client, you’ll receive reward points based on your net funding of your account during your first 30 days with us.

Funding SGD 3,000 will earn you 1,000 reward points.

Funding SGD 1,500,000 will earn you 500,000 reward points, and you will qualify for VIP status.

If you withdraw funds, your points balance will reduce accordingly.

We’ll recalculate your points balance at the end of each day, and deduct points on a daily basis if you withdraw funds, so you can monitor your points on a regular basis. Any upgrade will be effective two working days after the balance in your Saxo account reaches the qualifying level.

Please note that total AuM (apart from your net funding  and securities transfers) will not be taken into consideration for the purposes of calculating points during this initial, 30-day period.

2. First 30 days securities transfers

As a new Saxo client, you’ll receive reward points based on your net securities transfers into your account during your first 30 days with us. 

Transferring securities will yield the same amount of points as a cash funding would. The amount of points will be based on the value of the transferred position. 

Transferring positions valued at SGD 3,000  will earn you 1,000 reward points. 

Transferring positions valued at SGD 1,500,000  will earn you 500,000 reward points, and you will qualify for VIP status. 

If you withdraw funds or transfer securities out of your account, your points balance will reduce accordingly. 

We’ll recalculate your points balance at the end of each day, and deduct points on a daily basis if you withdraw funds or transfer securities out of your account, so you can monitor your points on a regular basis. Any upgrade will be effective two working days after the balance in your Saxo account reaches the qualifying level. 

Please note that total AuM (apart from your net funding and securities transfers) will not be taken into consideration for the purposes of calculating points during this initial, 30-day period. 

3. Funds and AuM over time

After your account has been open for 30 days, you’ll continue to receive points for the funds you hold with us, but as these funds may have converted from cash to positions the points you receive will be based on the total average assets under management (AuM) of your account, rather than the cash balance. This refers to the total value of your account, including any deposits and open positions.

Your reward points are calculated based on the monthly average AuM, and you’ll receive your points two trading days before the end of each month.

An average AuM of EUR 10,000 for example, would earn you 250 Reward points every month.

Please note that we will not include AuM in our calculations during the first 30 days of your account being open. Rather, during this period we will consider net funding and securities transfers into the account, as outlined above.

  1. Your Saxo Rewards tier is strictly personal to your own client account and is non-transferable. * Abuse of the Saxo Rewards program inconsistent with the purpose and intention of the program (such as gaming with and/or exploiting any unintended technical limitation) may lead to:
    1. The clawback of any Saxo Rewards points credited to you that may be deemed ineligible; and/or
    2. You being disqualified from the Saxo Rewards program and your benefits being withdrawn from you.
  2. Saxo reserves the discretion to determine what behaviour or activity constitutes misuse of the Saxo Rewards programme, and may require you to indemnify it for any losses and/or damage arising from such misuse.
  3. Saxo reserves the right to modify the Saxo Rewards programme, including these terms, at any time. This includes (but is not limited to) changes such as:
      1. Tier qualification requirements and/or conditions;
      2. The type of benefits accruing to the various tiers (as applicable);
      3. Validity duration of Saxo Rewards points; and
      4. Special features, offers and/or promotions (as applicable) that may be available to various tiers.
  4. You accept that you are responsible for keeping yourself updated on any changes that Saxo may implement to the Saxo Rewards programme from time to time.

* Saxo Rewards is applicable only to direct private client (including individual or corporate accounts). The programme is not eligible for any institutional and Trust accounts.

Saxo Rewards

Saxo Rewards

Trade more, pay less and receive better service with our new loyalty programme.

Saxo Markets
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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.

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