With AutoInvest, you can automatically invest a preset amount each month. It can be the perfect solution for those who want to invest in ETFs without incurring trade fees or monthly fees.
You have full control over your investments by choosing from a selection of ETFs, and you can decide how much to invest. Just like with your regular positions and portfolios, you can track your performance.
How do I get started?
Get started with AutoInvest in these 3 simple steps:
1. Choose what you want to invest in and by what amount
Choose which ETFs you want to invest in.
2. Transfer funds and set up a monthly payment
Set up a monthly automatic payment from your personal bank account to your AutoInvest account. You can always change the amount.
3. Your AutoInvest is now ready and your funds will be invested automatically each month
Your AutoInvest is now ready and you can track the performance on the platform. Please make sure that your monthly payments cover the amount set to be invested.
Set up AutoInvest
You can set up an AutoInvest account on one of the Saxo platforms in the My Profile > Request AutoInvest > Open AutoInvest account
Frequently asked questions
Get answers to frequently asked questions below:
- What is AutoInvest?
- How can I deposit to my AutoInvest?
- How do I set up a monthly payment to Saxo?
- Can I change my monthly amount?
- Are there limits to how much or how little I can invest each month?
- Is it possible to invest additional amounts?
- Can I transfer funds to and from my AutoInvest account?
- When will my funds be invested each month?
- Where can I find inspiration on what to invest in?
- What does it cost to invest via AutoInvest?
- Can I stop or pause my AutoInvest?
- Can I invest in stocks with AutoInvest?
- What securities can I invest in with AutoInvest?
- Can I request access to more instruments with AutoInvest?
- How many AutoInvest accounts can I set up?
- What currency can I use to make investments with AutoInvest?
- Can I enable stock lending with AutoInvest?
- Where can I find my account report?
- How can I close my AutoInvest?
What is AutoInvest?
AutoInvest is an account type that allows you to automatically invest a set amount each month in ETFs. You have the flexibility to choose the specific securities and the amount you wish to invest. With no trade fees and no monthly fees, and the benefit of compound interest, it can be an effective way to grow your savings. Additionally, by utilizing dollar-cost averaging (DCA), you can reduce your risk and avoid the need to time the market.
How can I deposit to my AutoInvest?
We have recently started offering the modern method of making deposits, preferably using the simpler QR code, and recommend this to make the process faster and more secure. To deposit money into your AutoInvest account, you must set up an automatic monthly transfer from your regular bank account to your AutoInvest account. You can do this by:
- Logging into your normal bank account
- Use your AutoInvest account details to set up a payment agreement in your regular bank to your AutoInvest account. See how to find your account details and QR code here.
- Your money will be available in your AutoInvest account within 1-3 banking days.
You can also transfer a one-time amount by linking your regular bank account (through a quick payment) or by transferring between sub-accounts.
It is important to ensure that your monthly deposit covers your chosen investments. |
How do I set up a monthly payment to Saxo?
To set up a monthly payment, you must go to your personal bank and set up a monthly transfer to your AutoInvest account. You can find your AutoInvest account's details or the QR code on the Saxo platform by navigating to
Portfolio > Choose your AutoInvest account > Click the three dots in the top right corner > Details.
Make sure, that your monthly payment can cover the amount set to be invested.
Can I change my monthly amount?
Yes, if you want to change the amount to be invested monthly, navigate to Portfolio > Choose your AutoInvest account > Click Edit in the top right corner under Upcoming Investments.
You can change the amount and securities until one bank day before your funds are set to be invested. Please see When will my funds be invested each month?
Are there limits to how much or how little I can invest each month?
You have complete flexibility in deciding how much or how little you want to invest each month. There are no minimum or maximum limits on your monthly investments. You can start with any amount and adjust it at any time.
Is it possible to invest additional amounts?
Yes, it is possible to invest additional funds, if you for example have extra cash in your account or have deposited more money, than your monthly amount is set to.
You can enable this feature by navigating to Portfolio > Choose your AutoInvest account > Click Fund
Can I transfer positions to and from my AutoInvest account?
No, it is not possible to transfer positions to and from your AutoInvest account.
When will my funds be invested each month?
Your funds will be invested on the 5th of each month (around 11 am CET). If the 5th falls on a weekend or bank holiday, the investment will be made on the next business day.
Where can I find inspiration on what to invest in?
Yes, you can browse through a large selection of investment themes, including largest indices, Tech, Health, Real Estate, Consumer Goods and many more as soon as you are setting up your AutoInvest account. You will also find inspiration in the Discover tab on SaxoInvestor or in the Research tab on SaxoTraderGO.
When you set up your AutoInvest you can get inspiration for what to invest in by clicking Find new investment to explore the wide range of ETFs you can invest in with AutoInvest.
You can choose instruments from the following providers:
- iShares
- Amundi
AutoInvest offers a range of instruments, including popular ETFs tracking world indices, the S&P 500, as well as specialized ETFs focused on sectors like clean energy.
What does it cost to invest via AutoInvest?
Setting up an AutoInvest sub-account is entirely free: no commissions to buy, no monthly fees, and no minimum deposit required.
Commissions apply if and when you choose to sell your positions. A currency conversion fee may apply if you invest in foreign currency instruments and stamp duty is levied where applicable. Custody fees apply as per our General Charges – these can be waived entirely by enabling Securities Lending on your main account (see more information on Securities Lending here). Please also consult our General Terms and Conditions.
Can I stop or pause my AutoInvest?
Yes, you can stop your AutoInvest at any time. Simply set your monthly investment amount to zero or stop transferring funds to your AutoInvest account. See Can I change my monthly amount?
You can also pause your AutoInvest by navigating to Portfolio > Choose your AutoInvest account > Click the three dots in the top right corner > Click Investment settings and pause AutoInvest by deactivating Invest monthly.
Can I invest in stocks with AutoInvest?
It is not possible to buy stocks with AutoInvest, but you can buy ETFs consisting of stocks.
What securities can I invest in with AutoInvest?
You can choose between a wide range of ETFs when using AutoInvest. You can have a maximum of 10 different instruments on your AutoInvest account. A full selection can be found here.
You can choose instruments from the following providers:
- iShares
- Amundi
AutoInvest offers a range of instruments, including popular ETFs tracking world indices, the S&P 500, as well as specialized ETFs focused on sectors like clean energy.
Can I request access to more instruments with AutoInvest?
No, it is not possible to request access to additional instruments with AutoInvest. However, we continuously work to update and expand the selection of instruments available through AutoInvest.
How many AutoInvest accounts can I set up?
You can set up multiple AutoInvest plans within your Saxo account, with a maximum of 10 different sub-accounts.
What currency can I use to make investments with AutoInvest?
The base account currency is CHF, as AutoInvest is supported in CHF only. Investments with AutoInvest can also be made in foreign currencies depending on the instruments you have selected.
Can I enable stock lending with AutoInvest?
Yes, if you have activated stock lending on your Saxo account, the positions in your AutoInvest account will also be available for stock lending.
Where can I find my account report?
You can download reports from your AutoInvest by navigating to Portfolio > Choose your AutoInvest account > Click Historical reports and choose the desired report to download.
How can I close my AutoInvest?
You can close your AutoInvest account by navigating to Portfolio > Choose your AutoInvest account > Click on the three dots in the top right corner and click Close account.
Additional information on AutoInvest
What is AutoInvest?
AutoInvest is a service that allows you to schedule a future market order in selected instruments.
Order execution
AutoInvest orders are set to be executed on the 5th of each month. However, this may change due to holidays, weekends, or, for example, technical reasons at Saxo. Orders can be placed at any time before the market closes. Saxo strives to execute orders based on quantitative criteria but does not guarantee execution, especially during significant market movements or due to other factors.
Order deviations and investment amounts
The amount allocated to each instrument may differ from the purchased amount due to market fluctuations and operational conditions. The margin typically varies from 0-2.5%.
The smaller your investment, the greater the deviation from the chosen investment allocation. Saxo executes orders one by one, independently of the individual portfolio. This means you risk some investments not being executed if you do not have enough funds in your AutoInvest. To avoid this, ensure that your monthly investment amount covers the investments you have selected. Larger recurring deposits generally lead to more precise investment allocations and order executions compared to smaller deposits. Orders are executed in whole units, so you need to have enough funds to purchase one unit of each security. Saxo rounds down to the nearest whole unit based on your investment allocation.
The platform provides indicative figures for the number of units you can buy, based on the current market prices of selected instruments.