Saxo is known for their relatively lower fees such as 0.03% commission per trade, and no custody fees for Singapore stocks. With no minimum funding. Saxo is a good online brokerage if you’re looking to trade on SGX regularly.
Min. Commission Fee US Stocks
Min. Commission Fee SG Stocks
Min. Funding
MoneySmart Exclusive

[Receive cash as fast as 30 days*]
Get $200 Cash via PayNow within 1 month* when you open a new Saxo Account, fund and execute 1 trade within 14 days of first deposit! T&Cs apply.

Valid until 31 Dec 2023 - See more details below

Are you eligible?

    • Promotion is valid from 01-December-2023 to 31-December-2023

    • Sign up for a new Saxo account through MoneySmart to be eligible

    • *Fund a min. of S$3,000 and execute 1 trade within 14 days of account opening.

    • Promotion is applicable for New Users only

What you need to know

  1. Log into your MoneySmart account and submit your claim by 31st December 2023

  2. *Faster cash redemption will be sent as fast as 1 month from 31st December 2023

  3. *Get S$200 Cash via PayNow when you open a new Saxo account with a min. funding of S$3,000 and execute 1 trade within 14 days of account opening.

Claim Form

Quick Facts

Trading Products

Stocks, ETFs, bonds, commodities, options, futures, funds, FX and CFDs

Minimum Commission Fee

Minimum S$1 for SG stocks, minimum US$0.25 for US stocks

Minimum Funding Amount


Stock Holding Type


Trading Platforms

SaxoInvestor, SaxoTraderGO, SaxoTraderPRO

Payment Methods

electronic Direct Debit Authorisation (eDDA) / eGIRO, FAST, PayNow, MEPS, internet bank transfer or credit/debit card

All Details

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