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

[Lunar New Year Flash Deal | Receive your cash as fast as 30 days*]
Get S$288 Cash via PayNow* when you open a new Saxo Account, fund and execute 1 trade* within 14 days of account opening! T&Cs apply.
PLUS get an additional S$750 when you refer a friend. T&Cs apply.
Additionally, get cash rebates when you trade FX or CFD indices on Gold plan and above. T&Cs apply.

Valid until 29 Feb 2024 - See more details below

Are you eligible?

    • Promotion is valid from 01-February-2024 to 29-February-2024

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

    • Promotion is applicable for New Users only

What you need to know

  1. Log into your MoneySmart account and submit your claim by 29th February 2024

  2. *Faster cash redemption will be sent as fast as 1 month from 29th February 2024

  3. *Get S$288 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.

  4. Get an additional S$750 when you refer a friend. Find out more here.

  5. Get cash rebates when you trade FX or CFD indices on Gold plan and above. Find out more here.

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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