Classic
Default tier when opening an account—no minimum funding required.
Transaction fees
US stock and ETFs0.08%
US stock options USD 2
US stock CFDs0.06%
Major FX pairs from 0.6 pips
Benefits
24/5 technical and account support
Account tiers and benefits
Platinum
Qualify with a deposit of SGD 300,000+ or a higher trading volume.
Transaction fees
US stock and ETFs 0.05%
US stock options USD 1
US stock CFDs0.05%
Major FX pairs from 0.5 pips
Benefits
24/5 technical and account support
Priority customer support
Earn up to 4.06% interest on uninvested cash
VIP
Qualify with a deposit of SGD 1,500,000+ or a higher trading volume.
Transaction fees
US stock and ETFs 0.03%
US stock options USD 0.75
US stock CFDs0.04%
Major FX pairs from 0.4 pips
Benefits
24/5 technical and account support
Priority customer support
Earn up to 4.06% interest on uninvested cash
Invitations to exclusive events
More benefits for all tiers
Industry-leading currency conversion rate of 0.25%
No platform or inactivity fee
No custody fee*
Multi-currency sub-accounts
Cash rebates on FX and CFD trades
**Free live market data applicable for level 1. T&Cs apply.
How account tiers work
In the first 30 days from the initial funding of your Saxo account, you will earn points based on the net value of your cash deposits and security transfers. With these points you can qualify for a higher account tier and its additional benefits. You can view your points once you log into your account.
First 30 days net funding examples
If you deposit EUR 10,000 or the equivalent in local currency (approx SGD 14,163*), you will earn your first 6,000 points.
If you deposit SGD 300,000, you will earn 120,000 points and you will immediately qualify for the Platinum tier.
*Based on conversion rate of 1.41638 on 18 November 2024.
First 30 days security transfers example
Security transfers will earn you the same amount of points as cash deposits based on their net value. The net value of your securities transfers and cash deposits are then combined to determine the total points you earn.
Gain reward points with each qualifying trade. Points vary by asset class and trade size.
Collect enough points and you’ll upgrade to our higher account tiers, which offer you improved trading conditions.
Get cash rebates on forex and index CFD trades
A closer look at individual accounts
Please refer to the following documents which you will have to accept when applying for a Saxo account: General Business Terms, Order Execution Policy, Conflict of Interest Policy and Risk Disclosure Notice.
See our competitive spreads and commission here.
Saxo Capital Markets is regulated by the Monetary Authority of Singapore. As such all client funds are kept in a segregated client funds account, separate from the company’s own money and assets.
It’s quick and easy to open a Saxo account. If you’re a Singaporean or resident (permanent resident or otherwise), you can apply via Myinfo with your Singpass details to get started in a few minutes.
You can open up to a maximum of 4 sub-accounts with different currencies. Please refer to our support centre for more information on how to open a sub-account.
Saxo offer over 71,000 instruments, across asset classes, including FX, CFDs, ETFs, stocks, bonds and more. Find out about our range of tradable markets, here.
You can transfer existing stock portfolios to Saxo through our award-winning platforms, click here for details.
