Stocks pricing

Find details of our industry-leading stock commissions and low trading costs.

Stock commissions

We have three pricing tiers. Pay less as you trade more.
Learn more about our account tiers

Exchange - AmericaClassicPlatinumVIP
Exchange - America

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Exchange - Europe / Middle East / AfricaClassicPlatinumVIP
Exchange - Europe / Middle East / Africa

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Exchange - Asia / PacificClassicPlatinumVIP
Exchange - Asia / Pacific

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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.

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.

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 accountPlatinum accountVIP account
Stocks and ETFs/ETCs0.15 %0.12 %0.09 %
Bonds0.15 %0.12 %0.09 %

*Note that custody fees vary based on country of residence.
To check the custody fee for your account, please log in to the platform, select a stock, ETF, or bond, and click on the info button (i) to open the Trading Conditions window. You can find the custody fee under the Trading rates tab.

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

  • Residing within the EU: Danish VAT of 25% will be applied.
  • Residing outside of the EU: no VAT will be applied by Saxo Bank A/S.

For a corporate/institutional client

  • Having its place of business in Denmark: Danish VAT of 25% will be applied.
  • 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) and a valid EU VAT ID is not provided: Danish VAT of 25% will be applied.
  • 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 an EU VAT ID that is verifiable through the EU commission’s website ( 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.

See all our prices

Get ultra-competitive spreads and commissions across all asset classes, and receive even better rates as your volume increases. 

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All trading carries risk. Read more. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

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