Shares and ETF’s commissions
Country Market Commission Rate Minimum Commission
flag_UK UK LSE_SETS* 0.10% GBP 8
flag_australia Australia ASX 0.10% AUD 25
flag_austria Austria VIE 0.10% EUR 12
flag_belgium Belgium BRU 0.10% EUR 12
flag_denmark Denmark CSE 0.10% DKK 29
flag_denmark Finland HSE 0.10% EUR 12
flag_france France PAR 0.10% EUR 12
Germany FSE 0.10% EUR 12
flag hong kong Hong Kong HKEX 0.15% HKD 150
Italy FSE 0.10% EUR 12
London International LSE_INTL 0.10% USD 20
flag netherlands Nasdaq NASDAQ $0.02 per share USD 15
flag netherlands Netherlands AMS 0.10% EUR 12
flag netherlands New York NYSE $0.02 per share USD 15
flag norway Norway OSE 0.10% NOK 65
flag netherlands NYSE ARCA NYSE_ARCA $0.02 per share USD 15
flag portugal Portugal LISB 0.10% EUR 12
flag singapore Singapore SGX-ST 0.15% SGD 25
flag spain Spain SIBE 0.10% EUR 12
flag sweden Sweden SSE 0.10% SEK 65
flag switzerland Switzerland SWX 0.10% CHF 18
flag canada Toronto TSE $0.03 per share CAD 25
flag US US OTC Markets OOTC & OTCBB $25 per trade <£50000 n/a
flag US US OTC Markets OOTC & OTCBB 0.15% >£50000 n/a
flag US U.S. AMEX $0.02 per share USD 15


* Transactions in certain smaller companies on the SEAQ system are charged at 0.35%. Minimum trade size in SEAQ shares £5,000. Minimum fee is £50.

Inactivity fee
For accounts without any trading activity during a calendar quarter, an inactivity fee of £25 (or currency equivalent based on base currency) will be applied to clients who have not traded during the previous calendar quarter.​​

Reuse of Stock collateral for other investments
Saxo Capital Markets allows a percentage of the collateral invested in certain stocks to be used for margin trading activities (Forex and CFD trading). The percentage of the collateral that can be used for each stock is listed here. Example: if you hold a stock with a net present value of USD 10,000 and a 75% collateral value, you can use USD 7,500 of this as collateral for margin trading activities. All information in this document is subject to change. For a complete and up-to-date overview, please visit the Stock Trading Rates and Conditions section on our website.

Custody Fee
A fee of 0.12% p.a. is charged on accounts with open Bond, Stock and ETF/ETC positions, with a minimum monthly fee of EUR 5 (or account currency equivalent). Fees are calculated daily, but debited on a monthly basis.