Saxo, the leader in online trading and investment, today announces significant pricing changes across many of its key markets, with a global roll out in the coming months.   

Clients will enjoy substantial price reductions, especially when they trade US stocks and home market stocks, amongst other products such as ETFs, ETPs, Listed Options and Futures. The same applies to inactivity and platforms fees that are also removed.

See the prices here

For U.S. and U.K. markets the commission will be 0.08% for the classic tier with minimum commissions at 1 USD (down from 5 USD). The VIP and Platinum client tiers will benefit from 0.05% and 0.03% commissions respectively.

Kim Fournais, founder & CEO of Saxo Bank: “We are proud to announce what will be the leading prices among the major banks and brokers of the world. Because in today's investment landscape, the value Saxo offers to our clients is very much linked to our ability to provide cost-effective solutions together with our award-winning platforms, products, and services. Lower costs mean higher potential gains for our growing number of clients.

As we cross the milestone of serving over 1 million clients who trust us with more than EUR 100 bn., our scale enables us to significantly lower our fees and prices.

“Investors have increasing demands to the overall investment experience and the ability to trade across markets and products on award-winning multi-asset platforms has always been Saxo’s core pedigree. With the lower prices and fees, it’s becoming even easier and more attractive to diversify across asset classes, which is critical to any healthy and profitable portfolio. Diversification is really the “only free lunch” in investing.

“This pricing overhaul is an important strategic move for us for the future, as we take another big step forward to create even more win-win with our clients.”

In 2023, Saxo reached a historic milestone of 1 million end clients and crossed USD 100 billion in client assets globally. In addition, the company, headquartered in Copenhagen, Denmark, was also appointed a Systemically Important Financial Institution (SIFI) by the Danish Financial Supervisory Authority (FSA), and received an investment grade rating from S&P. This highlights Saxo’s strong capital position and business model, as well as its cautious approach to risk management.