US stocks
Commissions from
Invest at a lower cost with the Danish Bank for Investors
No platform fee, inactivity fees, and minimum account funding
Deposit guarantees from the Danish Guarantee Fund (up to EUR 100 000)
Access to 71,000+ financial instruments
Price examples for popular instruments
Tesla
Invested amount
USD 1,191 (5 stocks)Commission
USD 1
Porsche AG
Invested amount
EUR 4,550 (70 stocks)Commission
EUR 3.6Amazon
Invested amount
USD 9,580 (50 stocks)Commission
USD 7.6
Unilever Plc
Invested amount
GBP 4,853 (1 stock)Commission
GBP 3.9
Why understanding pricing matters
Brokerage fees can come in different forms, including platform fees, account maintenance fees, and more. At Saxo, we believe in being transparent with our fees and we offer reduced prices across our instruments compared to other brokers. It is essential to be aware of these charges, as compound fees can significantly impact your potential returns over time.
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Frequently asked questions
We have several account types available: individual, joint, corporate, professional, and more, depending on your region.
It is quick and easy to open an account—just have the below documents ready and sign up online.
- Your national ID number from the country where you hold citizenship.
- Your tax ID number from your country of residence.
- A document as proof of identity (e.g., a passport, ID card, driver’s licence) and a selfie.
- A document as proof of residence (one that shows your home address, such as a residence permit, utility bill, or bank statement).
There is no minimum funding requirement when opening an account.
If you want to qualify for a higher account tier (lower prices and better service), you can do so with a minimum funding of a certain value.
First, create an account. Once you’re logged in:
Web/desktop
- Click on the main menu on the top right
- Under the Deposits and transfers heading, click Portfolio transfer
- A pop-up window will open and you can follow the prompts to start your transfer request
Mobile app
- Click on the main menu on the bottom right
- Under the Deposits and transfers heading, click Portfolio transfer
- A pop-up window will open and you can follow the prompts to start your transfer request
Most sign-ups are approved digitally within a few minutes. However, since we cannot compromise on security checks, the process can sometimes take longer. If all documents you provided meet requirements, we’ll process your application within 2-5 working days.
We’re a regulated Danish bank. This means we’re under the supervision of the Danish FSA and comply with stringent reporting requirements and client management regulations.
Your funds are protected via the Danish Guarantee Fund up to EUR 100,000.
Your securities are also protected by the Danish Guarantee Fund. Generally, securities would be returned to you in cases like suspension of payment or compulsory winding up. If we’re unable to return them, they are covered up to EUR 20,000 per client.
No, Saxo is a financial institution that offers investment accounts only. Our banking licence ensures that we meet all the strict requirements for Danish banks and that your deposits are protected by the Danish Guarantee Fund up to EUR 100,000.
We do not offer any savings accounts or credit cards.
We also do not use your deposits to grant loans or credits.