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Does Saxo have a custody fee?

Your expert
Adam N.
Fact checked by
Updated
15h ago
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Does Saxo charge a custody fee as of June 2024?

Yes, Saxo charges a custody fee.

The custody fee at Saxo is charged on the following terms: 0.12% of position value per year at Classic & Platinum accounts (0.08% for VIP account) with monthly fee of €5. You can avoid this fee by enabling stock lending program..

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Saxo non-trading fees and more

Saxo non-trading fees highlights
💰 Saxo custody fee 0.12% of position value per year at Classic & Platinum accounts (0.08% for VIP account) with monthly fee of €5. You can avoid this fee by enabling stock lending program.
💰 Saxo account fee No account fee
💰 Saxo inactivity fee No inactivity fee
💰 Saxo withdrawal fee $0
💰 Saxo deposit fee $0
🗺️ Country of regulation Denmark, UK, France, Italy, Switzerland, Singapore, Japan, Hong Kong, Australia

Data updated on June 12, 2024

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What is a custody fee?

A custody fee is typically a percentage-based fee that some brokers charge for the safekeeping of certain assets, such as stocks, bonds or ETFs. The fee is calculated based on the value of the positions you are holding.

To learn more about Saxo's fees and charges, read our article about Saxo's fee structure.

If you are interested in Saxo in general, check our comprehensive review.

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Further reading

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
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