We execute stock orders using smart order routing (SOR) technology, which sources liquidity from multiple venues, including regulated exchanges and MTFs, to optimise execution rates and fill ratios.

Get an overview of our available market data subscription services here

You can use a percentage of your stocks’ value as margin collateral to increase your market exposure when trading margin products. To see a complete list of available stocks and ETFs, along with their collateral values, click here.

You can review our trading conditions for Stocks here.

Custody fees for stocks, ETFs/ETCs, and bonds

For accounts with stock, ETF/ETC, or bond positions, an annual custody fee* applies, as shown below. The custody fee will be calculated daily using the end of day values and charged on a monthly basis.

*Note that custody fees vary based on country of residence.
To check the custody fee for your account, please log in to the platform, select a stock, ETF, or bond, and click on the info button (i) to open the Trading Conditions window. You can find the custody fee under the Trading rates tab.

Value-added tax (VAT)

Custody fees are a VAT-liable service, so VAT will be applied on top of the custody fee.

For physical persons

• Residing within the EU: Danish VAT of 25% will be applied.
• Residing outside of the EU: no VAT will be applied by Saxo Bank A/S.

For a corporate/institutional client

• Having its place of business in Denmark: Danish VAT of 25% will be applied.
• Having its place of business within the EU (except for Denmark): no VAT will be applied by Saxo Bank A/S if a valid EU VAT ID is provided.* A reverse charge invoice will be provided.
• Having its place of business within the EU (except for Denmark) and a valid EU VAT ID is not provided: Danish VAT of 25% will be applied.
• Having its place of business outside the EU: no VAT will be applied by Saxo Bank A/S, but local VAT rules may apply.

*Only an EU VAT ID that is verifiable through the EU commission’s website (http://ec.europa.eu/taxation_customs/vies/vatRequest.html?local=en) will be registered as a valid EU VAT ID. If the EU VAT ID is not verifiable, please contact your local VAT authority.

For transfers of Stocks to your account outside Saxo Bank, an exit fee will be charged. The fees are as follows:

• DK Stocks: 25 EUR per ISIN (max. 100 EUR)
• Other Stocks: 50 EUR per ISIN (max. 160 EUR)

Taxes and fees may occur on other corporate action, other than cash dividends, such as fee on a stock dividend or tax on a merger. When such taxes and fees occur Saxo Bank will debit the client’s account accordingly.

Find more information about our general charges and fees here.