*Receive up to £200 back on online trading fees, valid for a period of three months after your first trade. This offer cannot be used for FX, FX options, CFDs, CFD options and CFD indices.
Why open an account with Saxo?
How it works
How we compare
Exchange | HL | IG | AJ Bell | |
---|---|---|---|---|
![]() UK | GBP 4 0.08% (min. GBP 3) | GBP 11.95 | GBP 8 | GBP 5 |
US | USD 1 0.015 USD per share (min. USD 1) | GBP 11.95 | GBP 10 | GBP 5 |
FX conversion charges | GBP 12.5 (0.25%) | GBP 50 (1%-0.25%) | GBP 25 (0.5%) | GBP 37.5 (0.75%-0.25%) |
Save on transaction costs with commission credits
260,000+
Daily trades
1,200,000+
Clients
70+ bn
GBP client assets
15+ bn
GBP daily trade volume
More on Commission credits
Saxo will reimburse you up to GBP 200 in trading fees for each initial account opened via this website within a period of three months and will reimburse you.
All other costs will continue to be billed according to the current rates. Taxes are also to be borne by the customer.
The offer is valid on all markets offered by Saxo for the following products: Stocks, ETFs, Investment funds and Bonds.
The customer must have completed the account opening, including video identification, in order to benefit from the offer.
The offer is reserved for natural persons of legal age residing in UK.
Customers who have closed their account with Saxo in the last 12 months before the start date of the offer cannot take advantage of the offer.
The offer is subject to Saxo receiving and accepting a complete application dossier, including all additional documents.
The offer cannot be combined with other offers from Saxo.
Saxo reserves the right to terminate the offer at any time after prior notice on its website https://www.home.saxo/en-gb and after prior individual notification to the customer.
You can use commission credits to cover commission costs when trading all products except FX, FX options, CFDs, CFD options and CFD indices.
Read the terms of the commission credit here
When you place a trade on any product that includes a commission fee – such as stocks, ETFs, futures and bonds – your commission credits kick in. You pay all trading fees upfront and, at the end of the day, we refund any commission costs that are covered by your credit balance. We refund you in the currency of your main account.
Note that commission credits have an expiration date defined by the specific offer as part of which you received them. You can always monitor your credit balance and refunds in the platform.
No, you can only use the credits to cover commission fees paid to Saxo.
No, the credits don’t cover the value of the stock, only commission fees connected to the purchase of the stock.
No. If you have any commission credits you don’t use by their expiration date, you lose them.