No fees are charged for holding an account with Saxo Markets unless the account has been inactive for a prolonged period of time, in which case a Platform Fee applies.
For the Platform Fee, we charge £25 (or currency equivalent based on the account's base currency) per quarter if you only hold cash funds on your account. These fees will be applied during the first week of the following quarter month, as long as your account remains inactive and continues to hold funds.
If you pay a custody fee, place a trade, or maintain an open position in the quarter, you will not be charged the Platform Fee.
Please note the Platform Fee cannot reduce your account balance below zero.
General information regarding fees and charges for Saxo Markets can be found on our Commissions, Charges and Margin Schedule here.
Information on our pricing can be found on our Pricing Overview page.