Equity 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 EUR (5)
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 23 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. For further information click here 

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