Saxo Bank Unveils New Lower Pricing and Custody Fees

Online trading and investment specialist Saxo Bank has announced the introduction of its new lower pricing and custody fees.

• Custody fees up to 40% lower

As of 25.11.2021, the bank has lowered its monthly custody fees by up to 40%. Please see the changes below:

• Save up to 92% on non-US stock CFDs

To keep its pricing ultra-competitive, the bank is lowering its prices significantly up to 92% on single stock CFDs on non-US markets such as Europe, Asia or Africa.

• Commissions on bonds up to 75% lower

Effective 25.11.2021, clients will also save up to 75% on commissions when they trade online or offline bonds. Please see the changes below:

• Lower thresholds on negative interest rates and adjusted rates

The bank stated that negative interest rates have been with it for several years and the threshold for negative interest rates is being further lowered across the world. It's noteworthy that the following thresholds and rates apply for new approved accounts from 25.11.2021. For existing customers, these new rates and thresholds will apply from 1.2.2022.
The new rates and thresholds are below:

Shortly before, Fazzaco reported that Saxo Bank has disclosed another drop in FX trading volume in November 2021​.