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Account tiers and benefits
More benefits for all tiers
**Free live market data applicable for level 1. T&Cs apply.
How account tiers work
From 1 February 2025 to 30 April 2025, both dates inclusive (the “Platinum Promotion Period”), new clients of Saxo who are on the Classic account tier can enjoy a complimentary upgrade to the Platinum account tier provided the following conditions have been satisfied (the “Platinum Upgrade”):
- The client’s Saxo Account is a newly opened and approved Saxo account during the Platinum Promotion Period (the “New Account”); and
- The client funds the New Account with at least EUR 1 (or currency equivalent) within thirty (30) days that New Account is opened and approved by Saxo (the “Fresh Funding”).
The Platinum Upgrade will be applied to the client’s New Account within the next Singapore business day of the Fresh Funding and will be valid for three (3) months.
Upon the expiry and/or termination of the Platinum Upgrade, the account tier of the client’s New Account will be based on the prevailing Saxo Rewards programme and/or Saxo account tier framework.
The Platinum Upgrade promotion may run concurrently with other ongoing promotions/campaigns organised by Saxo.
Saxo may, at its discretion, vary, amend, delete and/or add on to any of these terms, including but not limited to, terminating this Platinum Upgrade at any time without giving any reason or prior notice or assuming any liability to any clients and all clients shall be bound by such variations, amendments, deletions and/or additions. Saxo shall not be obliged to give any reason or enter into any correspondence with any person on any matter concerning this Platinum Upgrade.
In the first 30 days from the initial funding of your Saxo account, you will earn points based on the net value of your cash deposits and security transfers. With these points you can qualify for a higher account tier and its additional benefits. You can view your points once you log into your account.
First 30 days net funding examples
If you deposit EUR 10,000 or the equivalent in local currency (approx SGD 14,163*), you will earn your first 6,000 points.
If you deposit SGD 1,500,000, you will earn 500,000 points and you will immediately qualify for the VIP tier.
*Based on conversion rate of 1.41638 on 18 November 2024.
First 30 days security transfers example
Security transfers will earn you the same amount of points as cash deposits based on their net value. The net value of your securities transfers and cash deposits are then combined to determine the total points you earn.
Gain reward points with each qualifying trade. Points vary by asset class and trade size.
Collect enough points and you’ll upgrade to our higher account tiers, which offer you improved trading conditions.
Get cash rebates on forex and index CFD trades
A closer look at individual accounts
Please refer to the following documents which you will have to accept when applying for a Saxo account: General Business Terms, Order Execution Policy, Conflict of Interest Policy and Risk Disclosure Notice.
See our competitive spreads and commission here.
Saxo Capital Markets is regulated by the Monetary Authority of Singapore. As such all client funds are kept in a segregated client funds account, separate from the company’s own money and assets.
It’s quick and easy to open a Saxo account. If you’re a Singaporean or resident (permanent resident or otherwise), you can apply via Myinfo with your Singpass details to get started in a few minutes.
You can open up to a maximum of 4 sub-accounts with different currencies. Please refer to our support centre for more information on how to open a sub-account.
Saxo offer over 71,000 instruments, across asset classes, including FX, CFDs, ETFs, stocks, bonds and more. Find out about our range of tradable markets, here.
You can transfer existing stock portfolios to Saxo through our award-winning platforms, click here for details.