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Stocks pricing
Execution prices
The prices above are indicative and will vary according to the country of residency. A full overview of exact pricing is available through the platform trade tickets.
TSE & TSX: Commission is capped at CAD 20/trade for Shares traded below 1 CAD. For Platinum and VIP clients commission is capped at CAD 15/trade for Shares traded below 1 CAD.
Prague Exchange: for VIP, the rate is 0.12% for trade size > 3M CZK
More information
We execute stock orders using smart order routing (SOR) technology, which sources liquidity from multiple venues, including regulated exchanges and MTFs, to optimise execution rates and fill ratios.
Get an overview of our available market data subscription services here
You can use a percentage of your stocks’ value as margin collateral to increase your market exposure when trading leveraged products. To see a complete list of available stocks and ETFs, along with their collateral values, click here.
You can review our trading conditions for Stocks here.
- US exchanges 0.5 cents per share (CPS)
- EMEA & APAC exchanges 3 bps of notional value
Custody fees for stocks, ETFs/ETCs and bonds
For accounts with stock, ETFs/ETCs or bond positions a custody fee of 0.15 % p.a. with a monthly minimum fee of EUR 5.00 will apply. We charge Platinum clients no more than plus/minus 0.12 % p.a., and VIPs no more than plus/minus 0.09 % p.a. 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 Custody fee p.a. | Platinum custody fee p.a. | VIP custody fee p.a. | Monthly minimum fee | |
|---|---|---|---|---|
| Stocks and ETFs/ETCs | 0.15 % | 0.12 % | 0.09 % | EUR 5.00 |
| Bonds | 0.15 % | 0.12 % | 0.09 % | 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
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 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, 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 and fees here.
Specific taxes apply to stock transactions in some stock markets. You can see the taxation that applies to each market here.
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