Trade your money with Saxo Markets
- Invest using award-winning trading platforms
- Open a VIP account and enjoy best prices, priority support and exclusive event invitations
- Access 19,000+ stocks
- 24-hour customer service
The minimum deposit to open a standard trading account starts from £500, with three different service levels to choose from. Additional account types, each with their own minimum starting deposits, are ISA account, SIPP account, Trust account, Corporate account and Joint account.
These ISAs host a wide range of benefits, these include:
Setting up a stock and shares ISA with Saxo Markets is simple and easy to do, you must:
After this simply visit their website or apply by phone and set up your ISA.
One of the most attractive benefits of an ISA are the tax advantages. Within a Stocks & Shares ISA, investors are exempt from Capital Gains Tax and further tax on income.
The UK tax year ends on 5 April each year. This is the deadline to make a deposit into a Saxo ISA using your annual allowance. Any remaining allowance cannot be carried over to the following year.
There is no minimum investment but there is an annual maximum deposit limit of £20,000. You are responsible for the selection of any investment or, if you have appointed an introducing broker, then the introducing broker will be either responsible for advising you of suitable investments or investing the ISA according to the investment management parameters you supply to them.
There is no minimum length of investment. You can sell your investment at any time, but please remember that stock market investments are designed for the long term and are not suitable for money needed at short notice.
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