Equities Commissions

Exchanges

Exchange name Symbol Commission
Standard
Commission
Active *)
North America & Canada
 
NASDAQ
NASDAQ & NSC 0.02 USD/share
(min 15 USD)
from 6 USD 1)
 
New York Stock Exchange
NYSE & ARCA 0.02 USD/share
(min 15 USD)
from 6 USD 1)
 
NYSE MKT
AMEX 0.02 USD/share
(min 15 USD)
from  6 USD 1)
 
OTC Bulletin Board/Pink Sheets
OOTC & OTCBB 0.15% 2)
(min 25 USD)
0.12%
(min 20 USD)
 
Toronto Stock Exchange
TSE 0.03 CAD/share
(min 25 CAD)
0.0225 CAD/share
(min 15 CAD) 3)
 
TSX Venture Exchange
TSX 0.02 CAD/share 4)
(min 25 CAD)
0.02 CAD/share
(min 25 CAD)
Europe / Middle East / Africa
 
Athens Exchange
AT 0.35%
(min 12 EUR)
0.30%
(min 12 EUR)
 
BME Spanish Exchanges
SIBE 0.10%
(min 12 EUR)
from 9 EUR 5)
 
Deutsche Börse (XETRA)
FSE 0.10%
(min 12 EUR)
from 9 EUR 6)
 
Irish Stock Exchange
ISE 0.10%
(min 12 EUR)
0.08%
(min 9 EUR)
 
London Stock Exchange (IOB)
LSE_INTL 0.10%
(min 20 USD)
0.07%
(min 10 USD)
 
London Stock Exchange
LSE_SETS 0.10%
(min 8 GBP)
from 8 GBP 7)
 
Milan Stock Exchange
MIL 0.10%
(min 12 EUR)
from 9 EUR 6)
 
NASDAQ OMX Copenhagen
CSE 0.10%
(min 29 DKK)
0.07%
(min 50 DKK)
 
NASDAQ OMX Helsinki
HSE 0.10%
(min 12 EUR)
0.07%
(min 7 EUR)
 
NASDAQ OMX Stockholm
SSE 0.10%
(min 65 SEK)
0.07%
(min 55 SEK)
 
NYSE Euronext Amsterdam (AEX)
AMS 0.10%
(min  12 EUR)
from 9 EUR5)
 
NYSE Euronext Brussels
BRU 0.10%
(min 12 EUR)
0.05%
(min 8 EUR)
 
NYSE Euronext Lisbon
LISB 0.10%
(min 12 EUR)
0.05%
(min 8 EUR)
 
NYSE Euronext Paris
PAR 0.10%
(min 12 EUR)
from 9 EUR 5)
 
Oslo Stock Exchange
OSE 0.10%
(min 65 NOK)
0.07%
(min 55 NOK)
 
Prague Stock Exchange
PRA 0.28%
(min 500 CZK)
0.22%
(min 400 CZK)
 
SIX Swiss Exchange
SWX & VX 0.10%
(min 18 CHF)
from 11 CHF 8)
 
Vienna Stock Exchange
VIE 0.10%
(min 12 EUR)
0.09%
(min 12 EUR)
 
Warsaw Stock Exchange
WSE 0.30%
(min 75 PLN)
0.25%
(min 65 PLN)
 
Johannesburg Stock Exchange
JSE 0.25%
(min 100 ZAR)
0.15%
(min 90 ZAR)
Asia / Pacific
 
Australian Securities Exchange
ASX 0.10%
(min 15 AUD)
0.07%
(min 12 AUD)
 
Hong Kong Exchanges
HKEX 0.15%
(min 150 HKD)
0.10%
(min 100 HKD)
 
Singapore Exchange
SGX-ST 0.15%
(min 25 SGD)
0.12%
(min 20 SGD)
 
Tokyo Stock Exchange
TYO 0.15%
(min 1,500 JPY)
0.08%
(min 1,250 JPY)

*)For active trader pricing see below

1) NASDAQ, NYSE & NYSE ARCA: The flat fee apply up to a trade size of 1,000 shares, above the threshold the commission is 0.007 USD/share

2) OTC Bulletin Board/Pink Sheet: Commission is capped at USD 25/trade for trade amounts below USD 50,000.

3) TSE: For stocks traded below 1 CAD, the commission is capped at CAD 15/trade.

4) TSX Venture Exchange: Commission is capped at CAD 25/trade for Shares traded below 1 CAD.

5) BME, NYSE Euronext Amsterdam and Paris: The flat fee apply up to a trade size of EUR 20,000, above the threshold the commission is 0.05%

6) Deutsche Börse (XETRA) and Milan Stock Exchange: The flat fee apply up to a trade size of EUR 30,000, above the threshold the commission is 0.05%

7) London Stock Exchange: The flat fee apply up to a trade size of GBP 30,000, above the threshold the commission is 0.05%.

8) SIX Swiss Exchange: The flat fee apply up to a trade size of CHF 30,000, above the threshold the commission is 0.05%

Active Trader pricing

If you are an Active Trader within equity and equity-related products, Saxo offers you some of the lowest rates in the market. In order to qualify for Equity Active Trader rates you need to place at least 100 trades per calendar month, within any of the following instruments:

  • Stocks
  • ETFs/ETCs
  • Single Stock CFDs

Please note the following:

  • The Active pricing may vary from the prices shown above depending on your country of residence.
  • If the required monthly activity is not fulfilled, standard rates will apply the following month.
  • You can familiarise yourself with the relevant terms of our Active Equity pricing in the FAQ section.

Updated 15 June, 2016

Stocks and ETFs Risk Warning

Equities and ETFs are categorised as yellow or red products depending on the individual instrument.


Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red.

Trade responsibly

Losses can exceed deposits on margin products. Please ensure you understand the risks.

This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. All clients will directly engage with Saxo Bank A/S and all client agreements will be entered into with Saxo Bank A/S and thus governed by Danish Law.


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