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Anonymous
I realized that fee is quite substantial as compared to Tiger/ Moomoo. anything diff? price is 15 mins slower than real time. Y is this so?
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Saxo Markets
28 Sep 2021
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Chris
25 Sep 2021
Owner and Writer at Tortoisemoney.com
Yup, Saxo rates tend to be higher hahaha. I believe it's USD4 per trade min (unless you're on highest tier but even then it's still min USD3 which still sucks).
I don't mean to sound like an Interactive Brokers shill but, c'mon I'm getting charged USD0.35 comms (sometimes USD0.4 kek). We also have flat fee FX conversion at spot rate (hearsay SAXO fx not that great even after they reduced the spread).
As for delayed prices, this isn't a problem exclusive to Saxo. Interactive Brokers doesn't give live prices for free either actually. For myself, I just use Webull on mobile to check prices before I set my order. Since I'm not trading intraday, it doesn't bother me too much. Tiger and Moomoo do have live prices but the trade off is on the comms (USD1.99). That said, it's not too hard to get comms free trades which would reduce your trading fees by quite a bit.
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