What is the difference between SaxoInvestor and SaxoTraderGO?
SaxoInvestor is built on the same technology as the Group's other platforms, SaxoTraderGO and SaxoTraderPRO , but has a simpler interface that caters for the needs of the typical investor. The platform gives access to cash products solely and has a new feature called investment themes.
Is SaxoTraderGO free?
SaxoTraderGO is free to set up with no monthly platform subscription fees. However, some features – such as level 2 market data – require a subscription.
Does Saxo have an app?
Experience the power to execute trades anytime, anywhere. Real-time Forex data directly on the home / lock screen of your Android device.
Is Saxo A good broker?
Saxo Markets' SaxoTraderGO can be a good choice if you want to trade forex or stocks on foreign exchanges, as it offers access to these markets at a good price and on a platform that doesn't make you want to tear your hair out. Saxo is known for its lower commission fees compared to other online brokerages.
Is Saxo Trader Pro free?
SaxoTraderPRO can be downloaded for free with no monthly charges. However, some features – such as Level 2 market data – require a subscription.
How much does Saxo cost?
One of Saxo's biggest strengths is their affordable fees — trading Singapore stocks incurs a 0.08% fee, compared to others that charge around 0.18% to 0.275%.
...
Saxo Markets Fees |
SGX Trading Fee |
0.08% with minimum of 5 SGD |
Forex fees |
0.7 pips for EUR/USD, 1.1 pips for USD/SGD |
Platform fee |
None |
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Sep 8, 2021
Is Saxo Bank reliable?
Yes, Saxo Bank is regulated by several financial authorities, like the Danish Financial Services Agency (FSA), the Financial Conduct Authority (FCA) and the Swiss Federal Banking Commission, among others. Saxo Bank is based in Denmark and was founded in 1992.
Is Saxo market free?
Our free demo allows you to explore our platforms for 20 days risk free by using a simulated USD 100,000 practice account. Try out market strategies and familiarise yourself with Saxo's tools and functionalities before you start trading for real.