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Bonds: Transaction fees that fit your needs
| Bond type | Bronze | Silver | Gold | Platinum | Diamond |
|---|---|---|---|---|---|
| Borsa Italiana EUROMOT Bonds | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.10% (min. EUR 20)* | 0.05% (min. EUR 20)* |
| Bonds US Government** | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.10% (min. EUR 20)* | 0.05% (min. EUR 20)* |
| Bonds Europe Corporate - High Yield | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.10% (min. EUR 20)* | 0.05% (min. EUR 20)* |
| Bonds US Corporate - High Yield | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.10% (min. EUR 20)* | 0.05% (min. EUR 20)* |
| Bonds CEEMEA Hard Currency | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.10% (min. EUR 20)* | 0.05% (min. EUR 20)* |
| Borsa Italiana EUROMOT Bonds | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.10% (min. EUR 20)* | 0.05% (min. EUR 20)* |
| Bonds APAC Dual Currency | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.10% (min. EUR 20)* | 0.05% (min. EUR 20)* |
| Bonds APAC Local Currency | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.10% (min. EUR 20)* | 0.05% (min. EUR 20)* |
| Bond type | Bronze | Silver | Gold | Platinum | Diamond |
|---|---|---|---|---|---|
| US government bonds ** | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.05% (min. EUR 20)* | 0.05% (min. EUR 20)* |
| EU and US corporate bonds | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.20% (min. EUR 20)* | 0.10% (min. EUR 20)* | 0.10% (min. EUR 20)* |
Other costs
Saxo Markets allows a percentage of the investment in certain bonds to be used as collateral for margin trading activities.
The collateral value of a bond position depends on the rating of the individual bond, as outlined below:
| Rating definition* | Collateral percentage |
|---|---|
| Highest Rating (AAA) | 92% |
| Very High Quality (AA) | 90% |
| High Quality (A) | 80% |
Example: 80% of the market value of a bond position with an A rating can be used as collateral (instead of cash) to trade margin products such as Forex, CFDs or Futures and Options.
Please note that Saxo Markets reserves the right to decrease or remove the use of bond positions as collateral.
For further guidance or to request the rating and collateral treatment of a specific or potential bond position, please contact your Account Manager.
Saxo supports 3,000+ bonds offline, so there is a good chance that your preferred bond can be traded offline from our bond desk, even if unavailable through the platform. Please contact Saxo to enquire about the possibility of trading the specific bond offline. If so, it will be manually traded, but will still appear in the account summary of your account just like any other position.
Bonds have different minimum trading sizes which can be as high as 50k, 100k or 200k in the relevant currency. You can see the minimum trading sizes and increment on each bond under account > Trading conditions as well as on the trade ticket. However, there are bonds which trade in lower sizes, which may also be available. A minimum limit of €10k or $10k applies on all online bonds.
Bonds can be traded online 24/5 if the relevant underlying bond market is open. Trading hours will be limited to the daylight hours where liquidity in the relevant underlying bond market is best (i.e. European government bonds are open for trading in European hours).
A wide range of the most active and liquid government and corporate bonds in Europe, US, Asia, the Middle East and Africa, as well as a limited number of Latin American bonds - in total more than 4,800 bonds - are available for online bond trading.
You can review our trading conditions for bonds here.
Custody fees for Stocks, ETFs/ETCs and bonds
Singapore Citizens, PRs, and Singapore Incorporated Entities are not charged a custody fee for accessing SGX stocks. Aside from SGX stocks, Saxo Markets has implemented a fee structure that reflects the client’s actual usage of the trading platforms.
For accounts with Stocks, ETFs/ETCs or Bond positions, an annual custody fee applies, as shown below. The custody fee will be calculated daily using the end of day values and charged on a monthly basis.
| CLASSIC | PLATINUM | VIP | |
| Custody fee | 0.12% | 0.12% | 0.06% |
For new clients who have opened an account on or after 29 November 2021, please refer to below table.
| Bronze | Silver | Gold | Platinum | Diamond | |
| If opted into Securities Lending | 0.06% | 0% | 0% | 0% | 0% |
| If opted out of Securities Lending | 0.12% | 0.12% | 0.12% | 0.12% | 0.06% |
Find more information about our general charges here.
See all our prices
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Please refer to Information Access and Dealing Restrictions for ETFs and Bonds.