- Global access
- Rewards for active traders
- Educational resources and tools
Not so great for
- Proprietary trading platform
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Saxo Capital Markets is a subsidiary of Saxo Bank A/S and comes under the broad banner of the global giant, Saxo Group. As a MAS regulated share trading broker, they’ve been a trusted local name in Singapore since 2006 and serves as the APAC headquarters.
Since their inception, Saxo Capital markets have been one of the premier share trading solutions for investors and traders alike. Its trading platform is known for its top-quality trading tools and for having some of the lowest fees in Singapore when it comes to global share trading. In 2019, it won Finder’s Best International Share Trading Account award.
Are you thinking of opening a share trading account with Saxo Capital Markets? If you are then the key features listed in this review will help you make a final decision as to whether they’re the right broker for you.
Traders who choose Saxo can buy and sell shares based on live market data supplied by each individual stock exchange. If you want real-time market data, you will need to subscribe to data services offered by individual exchanges, something that can be easily done through their online trading platform. Within the platform, you’ll find an online subscription tool with a list of the available exchanges and news services, alongside each set of fees you must pay in order to access them. It’s all there in one place.
Opening a Saxo Capital Markets account allows you to access the Stock Screener, which allows you to analyse fundamental data and explore stocks on 36 global exchanges. You can also access news, trade views and analysis from Saxo’s team of experts via their new and improved market analysis hub, home.saxo.
Analysis tools within the trading platform include an equity research tool that provides access to future estimates, analyst data and technical analysis tools to help you keep track of stock movements on clear and customisable charts.
SaxoTraderGo is a user-friendly, web-based trading platform ideal for traders of all levels.
SaxoTraderPRO is a desktop application designed for professional traders, offering a fully customisable interface with advanced trading tools.
With two trading platforms available, traders preferring large desktop screens can access share markets via Saxo’s downloadable software. On the other hand, those who trade on-the-go, on multiple mobile devices can choose the SaxoTraderGO web-browser and mobile app platform. Both platforms give the trader full access to all asset classes and a range of instruments, through your single share trading account.
You can create customised watchlists in your Saxo Capital Markets share trading account to easily track the performance of stocks you are interested in.
When you open an account with Saxo Capital Markets, you can access more than 19,000 global stocks on 37 of the world’s stock exchanges. You’re able to buy SGX-ST shares, as well as a whole raft of international shares across both established and emerging markets.
Some of the exchanges where you can buy and sell shares in companies include the following:
While this particular Saxo Capital Markets review focuses on share trading, you’re actually opening a multi-asset account which also enables you to trade the following financial instruments:
There are a number of account types and account levels available to traders opening a share trading account with Saxo Capital Markets. Depending on your personal circumstances, you’re able to open one of the following account types:
Within the above account types, there are also three account levels available:
Saxo Capital Markets provides a wealth of information online to help you get more out of your share trading account. The dedicated support centre features a long list of frequently asked questions and answers, while customers can also access trading articles and guides, video tutorials and a range of events and seminars. In addition, you have the option of visiting The academy, a separate website full of videos, courses, quizzes and guides to help further your trading knowledge.
If you ever need help with your account or a specific transaction, Saxo’s local phone and email customer support are available Monday to Friday through the company’s Singapore office. After-hours calls will be diverted to a Saxo Bank Group office.
There is no fee to open a share trading account with Saxo Capital Markets however you’ll need to pay brokerage fees on each trade you place. These commission amounts vary based on the exchange you are using and on whether you are a Standard or Active trader (an Active trader is someone who places more than 100 trades per month).
The table below outlines some of the minimum commissions that may apply.
|Exchange||Standard trader||Active trader|
|London Stock Exchange||0.10% (minimum 8 GBP)||0.07% (minimum 7 GBP)|
|NASDAQ and New York Stock Exchange||0.01 USD per share (minimum 9.90 USD)||0.01 USD per share (minimum 7 USD)|
|Deutsche Borse||0.10% (minimum 10 EUR)||0.07% (minimum 8 EUR)|
|ASX||0.10% (minimum 6.99 AUD)||0.07% (minimum 6.99 AUD)|
|Hong Kong Exchange||0.15% (minimum 100 HKD)||0.12% (minimum 80 HKD)|
|Singapore Exchange||0.15% (minimum 25 SGD)||0.12% (minimum 20 SGD)|
|Tokyo Exchange||0.15% (minimum 1,500 JPY)||0.12% (minimum 1,000 JPY)|
Saxo Capital Markets offers a number of ways to fund your share trading account:
Be aware that due to anti-money laundering regulations, third party funding is not accepted by Saxo Capital Markets. Any failed transfers or funds transferred to accounts that are not yet fully verified, will see funds returned minus incurred bank fees (if any).
You can apply online or request a paper-based application form. SingPass holders may also expedite the application process by applying with MyInfo. During the application process you will need to provide some of the information included below, but not limited to:
Trade cryptocurrency, derivatives and speculate on stocks with this fully-featured exchange created “by traders, for traders”.
Robinhood is expected to go public, here’s what you need to know if you’re looking to buy in from Singapore.
Everything we know about the Roblox IPO, plus information on how to buy in.
Everything we know about the Deliveroo IPO, plus information on how to buy in.
Top stocks and ETFs to consider for those ready to invest in cannabis.
Looking for a cheap way to buy and sell shares on the SGX and other international exchanges? Your guide to finding cheap stock brokerage in Singapore here.
You can’t access Robinhood in Singapore, so here are five low-cost alternatives to trade US stocks.
Here’s everything we know so far about the Databricks IPO.
We asked 47 experts for their cryptocurrency price predictions and took a deep dive into the Bitcoin price rally.
This vacation-rental giant has finally gone public. Learn how to invest in Airbnb in Singapore.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.