Equities Market Data

Subscriptions for real-time prices

At Saxo Bank all equities trade on actual market data from the stock exchanges. To receive and trade on real-time market data, you will have to subscribe to the individual exchange. 

A subscription to live price data from an exchange gives you access to live prices on Stocks, Single Stock CFDs, ETFs/ETCs and CFDs on ETFs/ETCs from the particular exchange.

An Online Subscription Tool is available in the trading platform. In the tool, you will find a list of available exchanges and news services alongside the applicable monthly fees. You will be able to subscribe and unsubscribe to services of your choice. Further information can be found in the Subscription Tool guide, which is also available on the trading platform. 

Level 1 or Level 2 data

Level 1 price data refers to the first level of the order book on the exchange. With a Level 1 subscription you can see live, streaming, bid and offer prices.

With a Level 2 price data subscription you can see live, streaming prices as with Level 1 but on top of this you can see the market depth of bid/offer prices and the amounts available at each price point.

Exchanges - CFDs and Stocks Level 1 Level 2
Private Professional Private Professional
North America & Canada
 
NASDAQ
1,00 USD 22,00 USD Only level 1
 
Nasdaq (TotalView)
Only level 2 14,00 USD 70,00 USD
 
New York Stock Exchange
1,00 USD 45,00 USD* Only level 1
 
NYSE (AMEX and Arca)
1,00 USD 23 USD Only level 1
 
NYSE, AMEX and Arca (TotalView)
Only level 2 1,00 USD 6,00 USD
 
Toronto Stock Exchange
Only level 2 21,00 USD 86,50 USD
 
Toronto Stock Exchange (incl. Venture)
12,00 USD 56,50 USD Only level 1
Europe / Middle East / Africa
 
Athens Exchange
1,00 EUR 7 ,00 EUR 5,00 EUR 10,50 EUR
 
BME Spanish Stock Exchange
4,50 EUR 27,00 EUR 14,50 EUR 51,00 EUR
 
Borsa Italiana/Milan Stock Exchange (Stocks and Futures)
0,50 EUR 13,20 EUR 1,2 EUR 44,00 EUR
 
Budapest Stock Exchange
1,00 EUR 12,00 EUR 2,00 EUR 22,00 EUR
 
Deutsche Börse (XETRA)
15,00 EUR 59,40 EUR 20,00 EUR 72,13 EUR
 
Deutsche Börse Stock Indices and ETFs (DAX)
1,00 EUR 6,24 EUR Only level 1
 
Euronext Stock Exchange
1,00 EUR 63,00 EUR 1,00 EUR 94,00 EUR
 
Irish Stock Exchange
5,00 EUR 12,48 EUR 8,00 EUR 18,72 EUR
 
Johannesburg Stock Exchange
8,20 USD 30,10 USD 11,60 USD 42,90 USD
 
London Stock Exchange
4,10 GBP 41,90 GBP 6,00 GBP 165,05 GBP
 
London Stock Exchange (IOB)
2,05 GBP 22,00 GBP Only level 1
 
Nasdaq OMX Copenhagen Stockholm Helsinki
1,00 EUR 29,00 EUR 5,00 EUR 56,00 EUR
 
Oslo Børs/Oslo Stock Exchange
10,00 NOK n/a 100,00 NOK 298,00 NOK
 
Prague Stock Exchange
2,5 EUR 12,00 EUR 5,00 EUR 22,00 EUR
 
SIX Swiss Exchange
6,00 CHF 16,50 CHF 56,00 CHF 56,00 CHF
 
Warsaw Stock Exchange
12 PLN 164 PLN 158 PLN 198 PLN
 
Wiener Börse/Vienna Stock Exchange
2,00 EUR 34,00 EUR 3,00 EUR 44,00 EUR
 
Wiener Börse/Vienna Stock Indices
1,00 EUR 8,00 EUR Only level 1
Asia / Pacific
 
Australian Securities Exchange
Only level 2 20,00 AUD 70,00 AUD
 
Hong Kong Stock Exchange (HKEX)
120,00 HKD 120,00 HKD 200,00 HKD 200,00 HKD
 
Singapore Stock Exchange
10,00 SGD 10,00 SGD 60,00 SGD 60,00 SGD
 
Tokyo Stock Exchange (Stocks and Futures)
140 JPY 2,300 JPY Only level 1

* The Price for New York Stock Exchange (NYSE) varies with the number of devices/users a client subscribes to. Example one user under corporate client must pay USD 45,00. Two users under a corporate client must pay 2 X USD 30,00/month.

Number of devices/users on NYSE Professional Investor Private Investor
2 Devices or more USD 30,00 USD 1,00

Data fee refund for active equity trading

For clients who trade equities and subscribe to real time market data, Saxo Bank has introduced a refund scheme where fees are refunded per exchange should clients trade a minimum of four (4) times across both stocks, ETFs and/or CFDs during each calendar month. 

For the Australian Securities Exchange the minimum is six (6) trades.

Refunds are only applicable for non-professional clients subscribing to level 1 data, except for the Australian Securities Exchange where the refund applies to level 2 data.

The definition of non-professional and professional subscribers may vary by exchange. Refunds are calculated on a monthly basis but paid out on a quarterly basis.

Updated 08 February 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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