melody

08 Dec 2020

∙

General Investing

What would happen if i leave my stocks in the SAXO account and not touching it, until the day i intend to sell it?

Just realised Saxo's 0.75% currency conversion fee. Mine account is in SGD ><
Am looking to switch to TD.

Should i transfer the stocks to TD? There is the cost of transfer fee in this case

or if i just leave the stocks as it is in SAXO account until the day i sell it in the future, will i incur any fee that i dont know of that the community can advise?

hope to get some advise from the community :)

Saxo Markets TD Ameritrade

2

Discussion (2)

What are your thoughts?

Learn how to style your text

Rafael Martin

19 Apr 2024

Hi melody, where you able to figure it out? going theough the same thing now

Reply

Save

Kok Hong

08 Dec 2020

Better check the cost structure, if there are monthly fees or dividend handling fees. Td account opening takes super long though

Reply

Save

Write your thoughts

Related Posts

Can I short sell stocks in Hong Kong exchange through POEMS account or other platforms? Looking at cash accounts and not CFD accounts. Do I have to buy back the stock at the end of the day?

I am using dbs vickers cash account. Can i buy a stock on friday and sell it on monday ? I understand that usual trading take 3 days to settle. Do i need to wait 3days later to sell the stock ?

I presume large volume and large body candlesticks are institutional selling or buying. Why would institutional investors sell a stock when it does not fall below the lowest level since the day it listed?

I am intending to contra a stock. If I were to buy on Monday, when is the latest I can sell it? And if lets say I bought with the intention to contra, but forget to sell what will happen?

Beginner here: Intending to do a lot more U.S. ETFs after gaining some practice in local stocks. What currency should I open my SAXO account?

Related Products

Saxo Markets

4.5

957 Reviews

US$1

MINIMUM FEE

0.03% to 0.08%

TRADING FEES

Custodian

STOCK HOLDING TYPE

TD Ameritrade

3.6

30 Reviews

Related Posts

Can I short sell stocks in Hong Kong exchange through POEMS account or other platforms? Looking at cash accounts and not CFD accounts. Do I have to buy back the stock at the end of the day?

I am using dbs vickers cash account. Can i buy a stock on friday and sell it on monday ? I understand that usual trading take 3 days to settle. Do i need to wait 3days later to sell the stock ?

I presume large volume and large body candlesticks are institutional selling or buying. Why would institutional investors sell a stock when it does not fall below the lowest level since the day it listed?

I am intending to contra a stock. If I were to buy on Monday, when is the latest I can sell it? And if lets say I bought with the intention to contra, but forget to sell what will happen?

Beginner here: Intending to do a lot more U.S. ETFs after gaining some practice in local stocks. What currency should I open my SAXO account?