A sub-account can be added to your main Saxo account and it can be in a different currency. With a Classic account, you can open up to 4 sub-accounts (country-specific).
Example Your main account's currency is EUR and you are going to trade on the US markets, you might want to have a sub-account in USD to save on conversion costs. |
This is the path to get to the sub-account request module (Requires login), once there simply follow the instructions:
- SaxoTraderGO: click Request currency sub-account
- SaxoInvestor: click Request currency sub-account
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SaxoTraderPRO: click
> Request new accounts > Request currency sub-account
Enable or disable Securities Lending from the new sub account
If you have Securities Lending enabled, you have the option to include or exclude a new sub account from Securities Lending. Should you wish to exclude Securities Lending from this new sub account, please tick the box as shown below. If you wish to exclude securities held on other sub-accounts from Securities Lending, simply make an internal transfer of positions to this new sub account. Additional purchases of securities via this new sub-account are excluded from Securities Lending.
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