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Custody fees for stocks, ETFs/ETCs, and bonds
For accounts with stock, ETF/ETC, 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.
Custody fee p.a. | Classic account | Platinum account | VIP account |
---|---|---|---|
Stocks and ETFs/ETCs | 0.15 % | 0.12 % | 0.09 % |
Bonds | 0.15 % | 0.12 % | 0.09 % |
Value-added tax (VAT)
Custody fees are a VAT-liable service, so VAT will be applied on top of the custody fee.
For physical persons
For a corporate/institutional client
*Only an EU VAT ID that is verifiable through the EU commission’s website (http://ec.europa.eu/taxation_customs/vies/vatRequest.html?local=en) will be registered as a valid EU VAT ID. If the EU VAT ID is not verifiable, please contact your local VAT authority.
For transfers of Stocks to your account outside Saxo Bank, an exit fee will be charged. The fees are as follows:
Taxes and fees may occur on other corporate action, other than cash dividends, such as fee on a stock dividend or tax on a merger. When such taxes and fees occur Saxo will debit the client’s account accordingly.
Find more information about our general charges and fees here.
Specific taxes apply to stock transactions in some stock markets. See the taxation that applies to each market .