0.5 Min. spread

EUR/USD

0.9 Min. spread

USD/SGD

S$3,000

Min. Funding

All Details

• Key Features

  • Earn up to 4.56%* interest on cash balances without any lock-in period. *Rates are provided on per-annum basis. Click here for more details

  • Commission rate for SGX stocks & ETFs remaining at 0.03%, the lowest rate in the market

  • Offers wide range of product portfolio across stocks, ETFs, bonds, commodities, options, futures, funds, FX, and CFDs. Earn cash rebates on your FX and CFD trades above threshold on specified plans.

  • Access more than 23,500+ stocks and 7,000+ ETFs across 37 exchanges worldwide such as NYSE, NASDAQ, SGX, and more

  • Higher account tiers offer improved trading conditions such as lower prices, priority customer support, direct access to trading experts, 1 to 1 access to Saxo’s in-house strategists at SaxoStrats, and access to events and VIP network

  • Your Saxo account gains you to access 3 types of trading platforms: the simple and fast SaxoInvestor, a comprehensive SaxoTraderGO, or the fully customisable and professional SaxoTraderPRO on desktop, mobile, and tablet

  • Provides comprehensive research and analysis tools and a 24/5 customer service

  • At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.

Singapore Stocks

Very Good

• Singaporean, PRs and SG Incorporated Entities are not charged any custody fees for accessing SGX stocks

• Offers some of the most competitive rates in Singapore for buying and selling SG stocks

• Suitable for both day traders and long term investors alike

• User friendly investment brokerage platform that offers best in class trading experience on desktop, mobile, and tablet

US Stocks

Very Good

• Access to USD stocks from leading US exchanges including NYSE, NASDAQ, AMEX, BATS Global Markets, OTC Markets Group (Pink Sheets), OTC Bulletin Board and more

• Trade US stocks with SaxoTraderGO on your PC, MAC, tablet, or smartphone

• Benefit from extensive charting with 50+ technical indicators, integrated trade signals and innovative risk management tools

ETFs

Very Good

• Gain access to over 7,000+ global ETFs from 30+ exchanges worldwide including US, SG, HK, AU, and JP stock exchanges

• Leverage an extensive repository of educational videos and online courses to learn how to invest in ETFs

• Help desk assistance available 24/5 for any immediate customer service issues

REITs

Very Good

• Invest in REITs conveniently over multiple platforms such as desktop and mobile

• No withholding tax on income from Singapore REITs for Singaporeans

• Clearing fee and trading fee will be charged for all Singapore REITs

• Singapore REITs generate income for investors in the form of dividends the REITs pays out. Dividends paid out are credited to the bank account

Forex

Very Good

• Ultra-competitive FX spreads: Trade major pairs from 0.5 pips. Competitive entry prices and even lower rates for active forex traders

• Trade FX pairs and get monthly cash rebates* Find out more here: https://www.home.saxo/en-sg/campaigns/rebates

• Best in class execution: Access tier 1 liquidity to receive higher fill-rates, fewer premature stop-outs and significant price improvements

• Award winning platform: Benefit from Integrated Trade Signals, news feeds, and innovative risk-management features

• Trade Forex on Saxo’s award winning platform SaxoTraderGO at the convenience of your PC, MAC, tablet, or smartphone

Commission Fees

US Stocks & ETFs	USD$1
	US$1 or 0.03% of trade, whichever is greater
SG Stocks & ETFs	S$3
	S$3 or 0.03% of trade, whichever is greater
US Stocks CFD	0.04% of contract Value (Min. US$3)***
SG Stocks CFD	0.08% of contract Value (Min. S$9)
Commodities Fees	0.03% of Contract Value (Min. €$3)
(Xtrackers Physical Gold ETC)
Bond Fees	0.05% of contract value (Min. of €5)*
	*Or the equivalent if traded in another currency.
Forex Fees	Spreads as low as 0.5 pips
	EURUSD 0.5
	USDSGD 0.9
Mutual Fund Fees	S$0

Other Fees

Carrying Cost / Holding Cost	0%
Manual Order Fee	€50 per order over phone, chat or email
Reporting Fee	US$50 for online reports sent via email
DRS Stock Transfer Fee	Varies
Custody Fee	S$0
No custody fee* charged for accounts with stocks, ETFs/ETCs.
*Only applicable to clients who opt-in for Securities Lending.
Inactivity Fee	S$0
Entry and Exit Fee	$0 for Entry Fee. Exit Fee: €50 per ISIN (Max. €160 per transfer request)*
*For transfers of securities to your brokerage account outside Saxo

Account Opening

Min Age Requirement	18 years
Account Opening Fee	S$0
Payment Method	electronic Direct Debit Authorisation (eDDA) / eGIRO, FAST, PayNow, MEPS, internet bank transfer or credit/debit card
Document Requirements	None when applying with SingPass via MyInfo
Online Application Via MyInfo
No Min. Funding Requirement
Min. Funding	S$0

Markets and Products

Trading Platform	SaxoInvestor, SaxoTraderGO, SaxoTraderPRO
Stocks
ETF
Forex
Mutual Funds
Bond
Managed Portfolios
Options
Futures
Crypto
CFD
Commodities

Customer Service

Integrated Digital Support
24/5 Customer Service
Local Language Assistance
Discussion Forum
Demo Account