For transfers of Stocks to your account outside Saxo Capital Markets, an exit fee will be charged. The fees are HKD 500 per ISIN (max HKD 1,600).
ISIN stands for International Securities Identification Numbering system (defined by ISO 6166) and is the global ISO standard for unique identification of financial and referential instruments.
You will see the ISIN on Saxo platform for the instrument, for example:
One ISIN stands for one instrument.
If you hold Apple stocks (no matter how many shares) and Tesla stocks (no matter how many shares) in your account and want to transfer them out, they would be 2 ISINs. Hence the fee to transfer out is HKD 1,000. If you transfer 4 ISINs or more, we would only charge HKD 1,600.
Saxo does not charge a transfer fee for inbound transfers. Do note, that your sending broker might charge you a transfer fee.
When transferring securities out of your account, the following exit fees are charged:
Fee Type | Charges |
Outgoing Stock Transfer Fee | HKD 500 per ISIN (max HKD 1,600) |
Price Change Fee | USD 10 per line* |
Partial Allocation Fee* | USD 10 per ISIN |
Realignment of Delisted Security** - Delisted security - Restricted security - Non-tradable security |
EUR 200 |
*Max fee of HKD 1,600 or account currency equivalent
*Partial Allocation Fee is applied when a client partially wants to transfer the security. In the case of inheritance, there will be no fee for partial allocation.
**If a security is tradable, it cannot be realigned in different exchange.