We are happy to announce that as of the 15th of January 2024, we lowered most of our prices and reduced (in many cases entirely removed) fees. This is part of our ongoing commitment to doing what is best for our clients and providing you with the most superior service and the greatest value, whilst always working to make our products more accessible to everyone.
What is changing exactly?In a nutshell, from the 15th of January 2024, the following adjustments have taken effect: |
Changes in commissions on stocks, ETFs, options and futures
On all major exchanges, changes apply to commissions on stocks, ETFs, options and futures.
A general overview of our pricing can be found here:
Reduction of currency conversion fees
Where an instrument currency is different to the account currency, currency conversions of trading costs, as well as profit/loss from trading activities are open to currency conversion fees, these have now been reduced.
A conversion fee is also applied when you fund your account in a currency different to your account currency, this will also be reduced.
Read more here.
Removal of inactivity fees
The fee of £50 per quarter which is charged for prolonged periods of inactivity has been removed.
Removal of minimum on custody fees
From the 15th of January, the monthly minimum fee of £7.95 has been removed.
To read more about how custody fees are calculated please click here: How are custody fees for stocks, ETFs, ETCs and bonds calculated?
Useful related articles
I can't remember my Saxo ID or password. How can I retrieve them?