Because of their minimum forex commission fee, they may not be for everybody, in fact if you are only looking to open a modest account initially they might be better avoided. For frequent larger traders they offer a tiered reduction in fees and spreads and may make more sense, although if you are only trading forex and indexes there are better alternatives listed. At Saxo, FX Spot trades do not settle. Instead, ... » Forex Rollover report available from 04.00 GMT: 1 The standard settlement convention of T+2 is applicable for the majority of currency pairs; however there are exceptions to this rule e.g. USDCAD, which has a settlement convention of one day after the trade date (T+1). 2 The global market convention is that the value date rolls forward at ... Saxo Markets does not provide financial advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Markets does not take into account an individual’s needs, objectives or financial situation. The Saxo trading platform has received numerous awards and recognition. Saxo Capital Markets does not provide ‘personal’ financial product advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Capital Markets does not take into account an individual’s needs, objectives or financial situation. Saxo Bank’s trading fees are fairly high compared to its peers’. Though Equity, Forex, and CFD trading fees are mid-range. The broker offers Forex traders a volume based pricing plan with the standard commission of 0.005% applied for the first US$50 million worth of trading each month. The more traders trade, the less commissions they pay. Saxo Bank is a multi-asset broker that offers investors and traders a vast selection of more than 40,000 tradeable symbols. In addition to electronically-tradeable markets spanning nearly every asset, Saxo Bank offers spot FX, FX options, non-deliverable forwards (NDFs), Contracts for Difference (CFDs), stocks, stock options, Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), futures ... We selected Saxo Bank as Best forex broker, ... not the broker. Saxo offers mutual funds only in certain countries, like Germany, Denmark or Poland. Throughout this review, we examined the fees of Saxo's UK product selection, but since mutual funds are not available on the UK market, the following benchmark comparison only serves as general information. Saxo Bank commission on a $2,000 fund ...
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