Depositing cash into your Saxo account is simple and can be done via bank transfer on all platforms. To find out how to deposit cash into your Saxo account, follow these options:
| Please note that the initial funding to your Saxo account must always originate from your country of residence. |
- SaxoInvestor*: Click Deposit funds
- SaxoTrader: Click Deposit funds
- SaxoTrader for desktop: Click on the main menu > Deposits and transfers > Deposit funds
This article will cover the following:
| NOTE: Saxo does not accept payments from accounts that are not in your name (3rd party payments). Any payments made by a third party will be returned to the source bank account. |
Fund with bank transfer
To deposit cash via a bank transfer, you will need to use the information provided in the Bank transfer module. Here you can find and easily copy your banking details, such as IBAN number, SWIFT/BIC number, etc. from right inside the module.
- Click on the Main menu > Deposits and Transfers > Deposit funds
- Select the Saxo account ID you want to fund.
- Select the currency you want to transfer from your bank. Transfers made in different currencies will be eligible for a currency conversion.
- Follow the instructions listed in the module to complete the transfer.
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Where can I find my Saxo account's IBAN number? You can find your Saxo account's IBAN number in the platform in the Bank transfer module. |
| Currently, Saxo does not permit card funding from clients residing in countries such as the UAE, KSA, and Qatar, among others. |
Currencies accepted at Saxo
Saxo allows you to open accounts in different currencies. You can read about opening sub-accounts in different currencies here.
You can read more about funding your account in different currencies here.
How to add another country for funding?
After your initial funding from your country of residence is received, you can request approval to fund from another country. For more details, please visit this page.