Advertisement

Anonymous

01 May 2020

∙

General Investing

Can i just say that for USD denomination Saxo account... the fees that i will pay for e.g. a USD 5,000 trade is 1.Buy/Sell Fee 2.Custody Fee 3. "Funding Fee" - which ever method i use to fund my acc?

1

Discussion (1)

What are your thoughts?

Yang Teng

01 May 2020

You'll be paying for:

Funding (depending on your source)
Price of the securities
Comissions
Custody fees (end of month)
Withholding tax (as it comes)

If you're trading derivatives, the cost will be higher.

Reply

Save

Write your thoughts

Related Products

Saxo Markets

Saxo Markets

4.4

552 Reviews

$2

MINIMUM FEE

0.03% to 0.08%

TRADING FEES

Custodian

STOCK HOLDING TYPE

Related Posts

How can I fund my Saxo trading account (base currency USD) from a Singapore bank account with SGD balance? Can I use money transfer service such as Transferwise or Instarem? What's the cheapest way?

Can I fund my Saxo account with my UOB Mighty FX USD account to trade in USD while it currently has SGD in my Saxo account? Or is it only possible to have one currency in my Saxo account?

Are you 100% sure that using Transferwise or Revolut will secure better rate than funding sgd directly into Saxo USD acc that charges currency conversion fee of mid spot rate +/- 0.75%?

Recently opened a Saxo account for trading in the US markets. Was wondering if YouTrip or Revolut can be used to fund it in USD instead of SGD?

I am currently using transfer wise to fund USD to my saxo account. Can I check if there are interbank fee charges apart from the SWIFT charges?

Advertisement

Company

About Contact Careers Privacy Terms

Product Reviews

Credit Cards Online Brokerages Robo-Advisors Crypto Exchanges Savings Accounts Broadband Remittance Product Sitemap

Business

SeedlyBusiness Advertise with Seedly