Commissions

 

 

Saxo Bank Stock Markets

Europe

Country​ Exchange name​ ​Symbol ​Commission rate ​Min. Commission/ ​Currency Min. Order value​
Austria​ Wiener Börse/Vienna Stock Exchange VIE​ 0.10%​ 12​ EUR​ 100 EUR​
Belgium​ NYSE Euronext Brussels BRU​ 0.10%​ 12​ EUR​ 100 EUR​
Czech Republic​ Prague Stock Exchange​ PRA​ 0.28%​ 500 CZK​ 2,500 CZK​
Denmark​ NASDAQ OMX Copenhagen CSE-OMX​ 0.10%​ 29​ DKK​ 1,000 DKK​
Finland​ NASDAQ OMX Helsinki OMX​ 0.10%​ 12​ EUR​ 100 EUR​
France​ NYSE Euronext Paris PAR​ 0.10%​ 12​ EUR​ 100 EUR​
Germany​ Deutsche Börse (XETRA) FSE​ 0.10%​ 12​ EUR​ 100 EUR​
Greece​ Athens Exchange AT​ 0.35%​ 12 EUR ​ 100 EUR​
Italy​ Borsa Italiana/Milan Stock Exchange MIL​ 0.10%​ 12​ EUR​ 100 EUR​
Netherlands​ NYSE Euronext Amsterdam AMS​ 0.10%​ 12​ EUR​ 100 EUR​
Norway​ Oslo Børs/Oslo Stock Exchange OSE​ 0.10%​ 65​ NOK​ 1,000 NOK​
Poland​ Warsaw Stock Exchange WSE​ 0.30%​ 75​ PLN​ 300 PLN​
Portugal​ NYSE Euronext Lisbon LISB​ 0.10%​ 12​ EUR​ 100 EUR​
Spain​ BME Spanish Exchanges SIBE​ 0.10%​ 12​ EUR​ 100 EUR​
Sweden​ NASDAQ OMX Stockholm​ SSE 0.10%​ 65​ SEK​ 1,000 SEK​
Switzerland​ SIX Swiss Exchange SWX​ 0.10%​ 18​ CHF​ 150 CHF​
Switzerland​ SIX Swiss Exchange (Blue-Chip)​ VX​ 0.10%​ 18​ CHF​ 150 CHF​
UK​ London Stock Exchange​ LSE_SETS​ 0.10%​ 8​ GBP​ 100 GBP​
UK​ London Stock Exchange (IOB) LSE_INTL 0.10%​ 20​ USD​ 100 USD​

North America & Canada

Country​ ​Exchange name ​Symbol Commission rate ​Min. Commission/ Currency Min. Order value​
US​ NYSE MKT (American Stock Exchange) ​AMEX 0.02 per share 15 USD​ 50 USD​
US​ NASDAQ NASDAQ​ 0.02 per share​ 15 USD​ 50 USD​
US​ NASDAQ (Small cap) NSC​ 0.02 per share​ 15 USD​ 50 USD​
US​ New York Stock Exchange​ NYSE​ 0.02 per share​ 15 USD​ 50 USD​
US​ New York Stock Exchange NYSE_ARCA 0.02 per share​ 15 USD​ 50 USD​
US​ OTC Bulletin Board/Pink Sheets OOTC & OTCBB​ 25 USD per trade N/A 50 USD​
Canada​ Toronto Stock Exchange​ TSE​ 0.03 per share​ 25 CAD​ 100 CAD
Canada​ ​TSX Venture Exchange >1 CAD per share ​TSX 0.02 per share​ 25 CAD​ ​100 CAD
Canada​ ​TSX Venture Exchange <1 CAD per share ​TSX ​25 CAD per trade ​N/A ​100 CAD

Asia Pacific

Country​ Exchange name​ ​Symbol ​Commission rate ​Min. Commission/ Currency Min. Order value​
Hong Kong​ Hong Kong Exchanges HKEX​ 0.15%​ 150 HKD​ 1,000 HKD​
Singapore​ Singapore Exchange SGX-ST​ 0.15%​ 25 SGD​ 150 SGD​
Australia​ Australian Securities Exchange​ ASX​ 0.10%​ 15 AUD​ 150 AUD​
Japan​ Tokyo Stock Exchange​ TYO​ 0.15%​ 1,500 JPY 1,000 JPY​

Africa

Country​ ​Exchange name ​Symbol ​Commission rate ​Min.Commission/ Currency Min. Order value​
South Africa​ ​Johannesburg Stock Exchange ​JSE ​0.25% ​100 ZAR 750 ZAR​
 

Advanced Equity Research and Stock Screener

Access to the advanced Equity Research and the Stock Screener tools require subscription.

There are no activation or setup costs, and you may cancel the subscription at any time with no additional charges.

Private Client​

​Institutional Clients

Equity Research & Stock Screener​ EUR 1.99/month*​ ​EUR 200.00/Month
​* Private client access to Equity Research and Stock Screener is FREE for Premium and Platinum account holders.​

 

The definition of an "Institutional" client is:

 "A holder of a license to act as a financial institution, hereunder but not limited to: investment firms, credit institutions, insurance companies, investment management companies and pension funds and their management companies or a representative of a financial institution."

This definition only applies to Equity Research/Stock Screener subscription.

Exchange Data fees

All equities trade on actual market data from the stock exchanges. To receive and trade on real-time market data, you will have to subscribe to the individual exchange.

A subscription to live price data from an exchange gives you access to live prices on Stocks, Single Stock CFDs, ETFs/ETCs and CFDs on ETFs/ETCs from the particular exchange.

Read more about subscribing to live exchange data.

Exit fee

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. 160 EUR)
  • Other Stocks: 50 EUR per ISIN (max. 160 EUR)

Updated 18th October, 2012