No fees are charged for holding an account with Saxo, unless the account has been inactive for a prolonged period of time, in which an inactivity fee applies.
For accounts with no trading activity during a period of 6 consecutive months (180 days) an inactivity fee of USD 100.00 (!) or equivalent in the account currency will be charged.
(!) Please be aware, that inactivity fee amount and a period might be different - please check your local web page for details or contact Saxo.
What is considered a trading activity to avoid inactivity fee ?
- A trade executed
OR one of the below :
- Stock / Bonds transfer
- Futures Expiry
- Exercise of FX Option
- Stock Options Expiry
- Corporate Actions (regardless asset class) result a position
- Bonds Maturity
- Barrier Event (FX option)
- Stock/Bond transfer
General information regarding Saxo commissions and pricing can be found here https://www.home.saxo/rates-and-conditions/commissions-charges-and-margin-schedule.