A full Power of Attorney (PoA) gives the PoA holder authorisation to perform cash transfers from the trading account to the beneficiary bank account in the account holder’s name. Both the account holder and PoA holder can instruct withdrawals via the Cash Withdrawal module in the trading platform.
A limited PoA allows the PoA holder to access the trading account and perform trades, but does not allow the holder to perform withdrawals.
Power of Attorney application forms can be found here.
Note: You may see information about Contracts for Differences (“CFDs”) in the above images; however, you should not take this as Saxo Capital Markets HK Limited proposing or advising clients to trade such product. Trading CFDs is not available to clients of Saxo Capital Markets HK Limited.
