Start trading with Saxo today
Opening an account takes 5 minutes
Stocks pricing
Find details of our industry-leading stock commissions and low trading costs.
Execution prices
We have three pricing tiers. Pay less as you trade more.
Learn more about our account tiers
| Exchange | Classic | Platinum | VIP |
|---|---|---|---|
North America | |||
 NASDAQ | 0.02 USD/share (min 10 USD) | 0.015 USD/share (min 7 USD) | 0.01 USD/share (min 3 USD) |
| New York Stock Exchange | 0.02 USD/share (min 10 USD) | 0.015 USD/share (min 7 USD) | 0.01 USD/share (min 3 USD) |
| NYSE MKT | 0.02 USD/share (min 10 USD) | 0.015 USD/share (min 7 USD) | 0.01 USD/share (min 3 USD) |
 Toronto Stock Exchange | 0.03 CAD/share (min 20 CAD) | 0.02 CAD/share (min 15 CAD) (*) | 0.015 CAD/share (min 10 CAD) (*) |
| TSX Venture Exchange | 0.03 CAD/share (min 20 CAD) | 0.02 CAD/share (min 15 CAD)(*) | 0.015 CAD/share (min 10 CAD) (*) |
Europe / Middle East / Africa | |||
 Athens Exchange | 0.35% (min 12 EUR) | 0.30% (min 12 EUR) | 0.30% (min 12 EUR) |
 BME Spanish Exchanges | 0.10% (min 12 EUR) | 0.08% (min 10 EUR) | 0.06% (min 8 EUR) |
 Deutsche Börse (XETRA) | 0.10% (min 10 EUR) | 0.07% (min 8 EUR) | 0.05% (min 6 EUR) |
 Irish Stock Exchange | 0.10% (min 12 EUR) | 0.09% (min 10 EUR) | 0.08% (min 9 EUR) |
 Johannesburg Stock Exchange | 0.25% (min. 100 ZAR) | 0.20% (min. 90 ZAR) | 0.15% (min. 90 ZAR) |
 London Stock Exchange | 0.10% (min 8 GBP) | 0.07% (min 7 GBP) | 0.05% (min 5 GBP) |
| London Stock Exchange (IOB) | 0.10% (min 20 USD) | 0.08% (min 15 USD) | 0.06% (min 12 USD) |
 Milan Stock Exchange | 0.10% (min 12 EUR) | 0.08% (min 10 EUR) | 0.06% (min 8 EUR) |
 NASDAQ OMX Copenhagen | 0.10% (min 65 DKK) | 0.07% (min 50 DKK) | 0.05% (min 50 DKK) |
 NASDAQ OMX Helsinki | 0.10% (min 12 EUR) | 0.07% (min 10 EUR) | 0.05% (min 8 EUR) |
 NASDAQ OMX Stockholm | 0.10% (min 65 SEK) | 0.07% (min 50 SEK) | 0.05% (min 50 SEK) |
 NYSE Euronext Amsterdam (AEX) | 0.10% (min 12 EUR) | 0.08% (min 10 EUR) | 0.06% (min 8 EUR) |
 NYSE Euronext Brussels | 0.10% (min 12 EUR) | 0.08% (min 10 EUR) | 0.06% (min 8 EUR) |
 NYSE Euronext Lisbon | 0.10% (min 12 EUR) | 0.08% (min 10 EUR) | 0.06% (min 8 EUR) |
 NYSE Euronext Paris | 0.10% (min 10 EUR) | 0.07% (min 8 EUR) | 0.05% (min 6 EUR) |
 Oslo Stock Exchange | 0.10% (min 65 NOK) | 0.08% (min 50 NOK) | 0.06% (min 50 NOK) |
 Prague Stock Exchange | 0.28% (min 500 CZK) | 0.25% (min 350 CZK) | 0.25% (min 350 CZK) |
 SIX Swiss Exchange | 0.10% (min 18 CHF) | 0.08% (min 15 CHF) | 0.06% (min 10 CHF) |
 Vienna Stock Exchange | 0.10% (min 12 EUR) | 0.08% (min 10 EUR) | 0.07% (min 8 EUR) |
 Warsaw Stock Exchange | 0.30% (min 75 PLN) | 0.25% (min 65 PLN) | 0.20% (min 65 PLN) |
Asia / Pacific | |||
 Australian Securities Exchange | 0.10% (min 8 AUD) | 0.07% (min 8 AUD) | 0.05% (min 8 AUD) |
 Hong Kong Exchanges | 0.15% (min 100 HKD) | 0.12% (min 80 HKD) | 0.10% (min 60 HKD) |
| HK Stock Connect (Shanghai/Shenzhen) | 0.15% (min 40 CNH) | 0.10% (min 30 CNH) | 0.08% (min 20 CNH) |
 Singapore Exchange | 0.15% (min 25 SGD) | 0.12% (min 20 SGD) | 0.10% (min 15 SGD) |
 Tokyo Stock Exchange | 0.15% (min 1,500 JPY) | 0.12% (min 1,000 JPY) | 0.10% (min 1,000 JPY) |
Other costs
Custody fees for stocks, ETFs/ETCs and bonds
For accounts with stock, ETFs/ETCs or bond positions, a custody fee of 0.25 % p.a. with a monthly minimum fee of EUR 5.00 will apply. The minimum custody fee will always be applied to a default account. The custody fee will be calculated daily using the end of day values and charged on a monthly basis. Regional differences may apply.
| Classic | Platinum | VIP | Monthly minimum fee | |
|---|---|---|---|---|
| Stocks and ETFs/ETCs | 0.25 % | 0.20 % | 0.12 % | EUR 5.00 |
| Bonds | 0.25 % | 0.20 % | 0.12 % | EUR 5.00 |
Value Added Tax (VAT)
Custody fee is a VAT liable service, so VAT will be applied on top of the custody fee:
Physical persons
- residing within the EU, Danish VAT 25 % will apply
- residing outside of the EU, no VAT will be applied by Saxo Bank A/S
Corporate/Institutional client
- having its place of business in Denmark, Danish VAT 25 % will apply
- having its place of business within the EU (except for Denmark), no VAT will be applied by Saxo Bank A/S if a valid EU VAT ID is provided.* A reverse charge invoice will be provided.
- having its place of business within the EU (except for Denmark), Danish VAT 25 % will be applied if a valid EU VAT ID is not provided.
- having its place of business outside the EU, no VAT will be applied by Saxo Bank A/S, but local VAT rules may apply
*Only a 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:
- DK Stocks: 25 EUR per ISIN (max. 100 EUR)
- Other Stocks: 50 EUR per ISIN (max. 160 EUR)
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 Bank will debit the client’s account accordingly.
Find more information about our general charges here.
See all our prices
Get ultra-competitive spreads and commissions across all asset classes, and receive even better rates as your volume increases.
Stocks Risk Warning
Stocks 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