But a Stocks and Shares ISA could do so. Forex, cryptocurrencies, stocks, funds, ETFs, commodities… These are just some of the ways you can potentially generate profits.
What happens if Saxo goes bust?
In the unlikely event of Saxo Markets' insolvency, clients' money and assets held with custodians will be excluded from the money and assets of Saxo Markets available to Saxo Markets' creditors and will remain for the benefit of the relevant client subject to deductions of charges and other costs due to Saxo Markets.
Does Saxo have holding fees?
Platform Fee We charge GBP 25 (or currency equivalent based on base currency) per quarter if you only hold cash funds on your account. These fees will be applied during the first week of the following quarter month, as long as your account remains inactive and continues to hold funds.
Is Saxo Trader expensive?
Saxo Markets provides individual investors and traders with an excellent platform for investing in a variety of markets at a relatively low cost. This online broker charges commissions that are generally much lower than its competitors and offers a great user experience due to its intuitive interface.
Is Saxo market free?
Saxo offers free online trading courses on their website across 7 financial products, namely bonds, CFDs, equities, forex, forex options, futures, and options.
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 charge holding fee?
Options fees Unlike most brokers, Saxo Bank charges a holding fee for long positions held overnight.