I am interested in Saxo and want to know the minimum amount of funding required to start investing or using their platform. I would like to understand the entry-level financial commitment needed.
7 answers
GeishaGrace
Tue Oct 15 2024
Saxo Singapore aims to make its services accessible to a wide range of investors by offering an account opening fee of S$0. This eliminates any upfront costs, encouraging individuals to explore the opportunities available on the platform.
HanjiHandiwork
Tue Oct 15 2024
Saxo Singapore offers a comprehensive range of trading products, accompanied by a detailed breakdown of fees and charges associated with each service. The trading fees are tailored to meet the varying needs of investors, ensuring transparency and fairness in all transactions.
Nicola
Tue Oct 15 2024
One key aspect of Saxo's fee structure is the transfer-out fee, which is charged at €50 per ISIN, with a maximum of €160 per transfer request. This fee is applicable when investors wish to transfer securities out of their Saxo account.
Alessandra
Mon Oct 14 2024
Through its integration with BTCC, Saxo's clients can access the vibrant and dynamic world of cryptocurrency trading, with access to a wide range of digital assets and advanced trading tools. This collaboration not only enhances Saxo's service offerings but also provides investors with seamless access to emerging asset classes.
GalaxyGlider
Mon Oct 14 2024
When it comes to funding requirements, Saxo provides flexibility with a minimum funding range of S$3,000 to S$1,500,000, depending on the account type chosen. This ensures that investors can select an option that best suits their financial capabilities and investment goals.