Saxo Non Trading Fees guide

Non-trading fees are costs that do not depend on placing an order. For a buy-and-hold investor, these charges can quietly compound over a long holding period, so it is worth mapping them out before funding an account. When you review Saxo's pricing documentation, look for each category below by name, and note whether the charge applies to your specific account type, country of residence and asset classes. Brokers often vary these fees by region and account tier, so a figure you see quoted elsewhere may not apply to you.

The only reliable way to confirm what you will pay is to read Saxo's current pricing schedule, account terms and any country-specific fee documents for your residency, then confirm anything unclear with their support team in writing before opening the account. Third-party summaries, including editorial pages like this one, can go out of date quickly. Keep a record of the documents you relied on and the date you checked them, so you can spot changes later. You can use our brokerage fee calculator at /tools/brokerage-fee-calculator to estimate how a given set of account costs would affect a long-term portfolio once you have confirmed the actual figures.

A long-term investor might place only a handful of trades per year, which means recurring account charges can outweigh commissions as the dominant cost. A small annual custody percentage or a fixed monthly charge behaves like a drag on returns, and its effect grows with portfolio size and holding period. When comparing Saxo against alternatives, model the total annual cost of holding your intended portfolio, not just the cost of buying it. Our Long-term investing hub at /invest-long-term has related guides on cost drag, and the Find my broker tool at /find-my-broker can help you apply this checklist across several brokers before deciding.