ProRealTime with Saxo - Brokerage fees Other fees

Conversion fees when trading in foreign currencies

Automatic currency conversions will occur when you trade an instrument in a currency that differs from your base currency (for example when: buying/selling stocks, closing a position with gains/losses, paying/receiving options premium, ...).

Currency conversions are executed using the FX spot mid-price at the time of the conversion, plus/minus the fee indicated below.

Note that if you regularly trade instruments in a currency that differs from your base currency, you can open a sub-account in that currency to trade those instruments. This way you can avoid paying conversion fees on these transactions.

Credit and debit interests

Interest on your main account is calculated on the Net Free Equity.

Interest on sub-accounts is calculated on the Account Value.

Since the Net Free Equity is calculated on open trade positions on all your accounts, it is important to make sure that sufficient cash is available on your main account. Otherwise, you risk being subject to a debit interest on your main account.

Net Free Equity is:

• value dated cash balance of your main trading account
• plus or minus any unrealised profits or losses from open CFDs, FX Forwards and Futures on your main trading account
• plus the market value of any FX Options on your main trading account
• minus any margin required for financing open positions on your main trading account and sub-accounts.

Interest will be calculated daily and settled monthly - within seven business days after the end of each calendar month.

Credit interests for currencies with positive rates

For positive Net Free Equity, the interest will be the highest of either: the market bid rates minus the markdown or zero. Interest will be paid on the full amount if Account Values/Net Free Equity is above threshold.

Debit interests

The following Debit interests apply in case of negative Account Values/Net Free Equity.

The interest will be the highest of either: the market rates plus the markup below or the markup below.

Manual order fee

Clients placing orders over the phone, by chat or email will be subject to a manual order fee of €50 per order. Certain products that cannot be traded on the platform may be exempt.

Removal from your portfolio of a delisted instrument is subject to the same fee as a manual order.

Split orders

In case an order regarding a security is split, and filled partially over a period of more than one day, the total trading costs may increase. The reason for such increase is that the minimum fee may be charged more than one time based on the number of days necessary for the total execution of the order.

Reporting fee

A fee of $50 – or the equivalent amount in the account currency – will be charged when client requests online reports to be delivered by email. This fee will also apply for third-party requests for reports from, for example, auditors.

Proxy voting service fee

A proxy voting service fee of €30 (excl. VAT) per quarter will be charged to clients who subscribe to Saxo Bank's meeting services. In addition, a €5 (excl. VAT) per vote fee will be levied for every vote or change to a vote.

1042-s form

You can request forms 1042-S, however a €1,000 handling fee per income may apply. Contact Saxo to learn more.

Instruments traded from the broker's platforms

The financial instruments below are only available from the Desktop and Mobile platforms offered by the broker. The orders and positions on these instruments will be visible only in these platforms and not in ProRealTime.

The real-time access of your ProRealTime platform and the platforms offered by the broker are independant. The real-time access for the broker's platforms can be managed from the broker's account management interface and are paid directly to the broker.

Only orders placed on the ProRealTime platforms are taken into account for the volume conditions of the Active or Trader pricing and for platform credits.

CFD Indices

CFD Futures

Overnight financing fees