The Service subscription fee will be charged on a quarterly basis at the end of the quarter and is non-refundable. 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. I think interactive brokers is pretty good. The following interest rates apply to funds deposited with Saxo Bank.
Trade 182 FX spot pairs and 140 forwards across majors, minors, exotics and metals.
For negative Net Free Equity, interest will be market ask rates plus a mark-up, however never less than the mark-up.
The desktop platform is complex and hard to get a handle on, ... #3 Best international online brokers for citizens in Singapore Saxo Bank 4.8. The Currency Conversion fee does not apply to margin collateral. Slovenská republika
Since the Net Free Equity is calculated on open trade positions on all your accounts, it is important to make sure that sufficient cash is available on your main account. This monthly fee can be set off against your trading fees. When relevant, the service subscription fee will be converted to the applicable local currency and subject to a currency conversion charge. Get ultra-competitive spreads and commissions across all asset classes, and receive even better rates as your volume increases. Inactivity in this case means not executing at least one trade. Apple and the Apple logo are trademarks of Apple Inc, registered in the US and other countries and regions. Transfer out fee For transfers of securities to your brokerage account outside Saxo Markets, an exit fee will be charged. I personally use IBKR as well, and yes because the inactivity fees is $3USD per month for users below 25 years old.
Please be aware, that inactivity fee amount and a period might be different - please check your local web page for details or contact Saxo. Saxo Bank does apply an inactivity fee and it is In the UK, £25 after one quarter of inactivity.
As a MAS regulated share trading broker, they’ve been a trusted local name in Singapore since 2006 and serves as the APAC headquarters. Corner Trader rates are lower.
Well, It depends on whether you trade forex, crypto, indices or stocks, and what features matter to you.
Saxo Capital Markets Pte Ltd ('Saxo Markets') is a company authorised and regulated by the Monetary Authority of Singapore (MAS) [Co. Reg.
Clients placing orders over the phone, chat or email will be subject to a manual order fee of EUR 50 per order. SIPP and ISA accounts are exempt from this fee. Regional differences may apply. See a side by side comparison of Interactive Brokers vs Saxo Bank.