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.
0.6 Min. spread
EUR/USD
0.6 Min. spread
USD/JPY
S$3,000
Min. Funding
MoneySmart Exclusive

Get S$200 Cash via PayNow* when you open a new Saxo Account, fund a min. of S$3,000* (in one single deposit) and execute 1 trade* within 14 days of account opening! T&Cs apply.
 
International Women's Day Flash Deal | Exclusive Offer for Female Investors:
As a female investor, you'll receive a special bonus of S$38 Cash via PayNow on top of S$200 (Total S$238) Cash via PayNow reward!
 
What's more?
Get an additional S$750 when you refer a friend. T&Cs apply.

Valid until 31 Mar 2024 - See more details below

Are you eligible?

    • Promotion is valid from 01-March-2024 to 31-March-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 31st March 2024

  2. *Cash Redemption will be sent within 6 to 8 weeks from 31st March 2024

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

  4. International Women's Day Flash Deal: *For female investors, get S$238 Cash via PayNow when you open a new Saxo account with a min. funding of S$3,000 (in one single deposit) and execute 1 trade within 14 days of account opening.

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

T&Cs
FAQ
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

0

Stock Holding Type

Custodian

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

Disclaimer: At MoneySmart.sg, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.