Can you buy ETFs at Saxo?
ETFs, short for exchange-traded funds, are one of the greatest means to diversify your investments and profit from a bull market. Despite their immense popularity, not all brokers offer ETFs for trading. Let's find out whether you can trade these funds at Saxo, and if yes, under what conditions.
Great news, ETF trading is available at Saxo, under good conditions and with a great selection of available funds. Read on for more expert details on trading costs and comparisons to other market-leading brokers.
I've tested dozens of brokers in recent years with our analyst team, including their ETF trading features. Here's why I recommend Saxo for trading ETFs:
- Saxo has a strong ETF trading score based on fees and available products.
- ETF trading fees at Saxo are low.
- You can invest in 7,000 ETFs at Saxo.
- Check out how Saxo stacks up against the best brorkers for trading ETFs.
Before we begin, let's see if Saxo is available in your country
62% of retail CFD accounts lose money
Saxo has a strong ETF trading score
Want to know if Saxo is a solid choice for trading ETFs? We broke it all down into a simple ETF score to help you decide. We looked at the trading fees they charge, how many different ETFs you can actually invest in through them, and just how good their overall services really are.
Saxo ended up with a strong ETF score of 4.8 stars . That's definitely above average compared to other brokers we've reviewed for ETF trading. Let us break it down a bit and and take a look at how Saxo stacks up against some of its closest competitors:
Broker | ETF score |
---|---|
Saxo | 4.8 /5 |
Swissquote | 2.8 /5 |
Interactive Brokers | 4.8 /5 |
ETFs are great tools to diversify your investments and profit from a range of assets, including stocks, bonds, commodities and real estate. If you feel you need to brush up your ETF trading skills, take a look at this ETF trading guide compiled by our analyst team.
ETF trading fees at Saxo are low
Fees are how brokers make their money at the end of the day. But here's the kicker - the charges can vary significantly between different brokers. One broker's fees could really nickel and dime you, while another might give you way better rates. Why all this obsession over fees?
Here's why. Let's say you want to invest $10,000 in an ETF that tracks the S&P 500. Broker A charges $4.95 per trade, while Broker B charges $6.95 per trade. That may not seem like a huge difference, but it adds up over time with repeated purchases or sales. If you invest just once per year for 30 years and pay those trading fees each time, you'd pay almost $1,500 more in total fees at Broker B versus Broker A. So while a few dollars per trade may seem trivial, they can significantly impact your overall returns when investing for the long haul.
Saxo has low costs for trading ETFs.
💰 Saxo ETF trading fees class | Low |
💰 Saxo withdrawal fee | $0 |
💰 Saxo minimum deposit | $0 |
💰 Saxo inactivity fee | No |
📃 Saxo deposit methods | Bank transfer, Credit/debit cards |
Data updated on December 11, 2024
ETF selection at Saxo
Let's take a close look at the ETFs offered by Saxo. We want to see if their selection is good enough to meet the needs of different types of investors.
There are 7,000 ETFs available at Saxo, which is a vast amount to choose from. With this selection, you can more easily diversify your portfolio and spread your money across different areas.
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62% of retail CFD accounts lose money
Check out Saxo in detail and browse top alternatives
Want the inside scoop on what it's really like to trade with Saxo? Be sure to read BrokerChooser's Saxo review for 2024. We've done a super thorough analysis based on nearly 600 different data points and tested their platform ourselves with a real money account. By actually opening an account and making trades, we can give you the unvarnished truth about their trading conditions, fees, and overall service quality across the board. It's an honest, experienced take on Saxo instead of just marketing fluff.
Although Saxo is great for ETF trading, there could be even better options out there. See for yourself by browsing our top list of the best ETF brokers in your country.
Alternatively, if you want a broader comparison or have some specific other brokers in mind, you can use our broker comparison tool to size up brokers along many different criteria.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Diversifying your investments
- Saxo stock conditions explained
- Stock trading at Saxo: an expert guide and rating
- Saxo penny stocks trading conditions explained
- Saxo bond availability
- Saxo fractional shares trading conditions explained
- Are margin interest rates low at Saxo?
- Saxo cash interest rate
- Saxo ESG investing
- Saxo invest $100,000
- Saxo Bank IPO accessibility
- Saxo Mexican stocks trading availability
- Saxo US stock trading details
- Saxo Australian stocks trading availability
- Saxo Canadian stocks trading availability
- Saxo Japanese stocks trading availability
- Saxo French stocks trading availability
- Saxo Italian stocks trading availability
- Saxo Swiss stocks trading availability
- Saxo Hong Kong stocks trading availability
- Saxo Dutch stocks trading availability
- Saxo Spanish stocks trading availability
- Saxo Singapore stocks trading availability
- Saxo Swedish stocks trading availability
- Saxo Norwegian stocks trading availability
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.