Saxo brokerage fees in Singapore
Published standard fees, GST 9% included: Saxo Classic S$6.37 for a S$5,000 SGX buy; Saxo Classic US$4.36 for a US$5,000 US buy. Verified 26 Oct 2026
Not financial advice. These are the standard fees each broker publishes, as found when we last checked. They exclude promotions, FX conversion costs and fees charged only when you sell. Fees can change at any time; verify with the broker before you trade. Order is by total cost only.
Fee schedule
Saxo Classic: SGX (Singapore) Custodian
| Fee | Published rate | GST | Charged by | Source |
|---|---|---|---|---|
| Commission | 0.08% of trade value, min. S$3.00 | Yes | Saxo | source verified 26 Oct 2026 |
| SGX clearing fee | 0.0325% of trade value | No | SGX | source verified 26 Oct 2026 |
| SGX trading fee | 0.0075% of trade value | No | SGX | source verified 26 Oct 2026 |
Saxo Classic: US (NYSE / Nasdaq)
| Fee | Published rate | GST | Charged by | Source |
|---|---|---|---|---|
| Commission | 0.08% of trade value, min. US$1.00 | Yes | Saxo | source verified 26 Oct 2026 |
Other published fees
- GST on commissions (SG residents) (source, verified 26 Oct 2026)
- SGX stocks: no custody fee for Singapore residents. Other stocks (e.g. US): 0.12% a year on Classic and Platinum (0.06% VIP) if you opt out of securities lending; 0% if you opt in. (source, verified 26 Oct 2026)
Promotions
- Free upgrade to Platinum pricing when you open and fund an account.
Sources (Saxo Capital Markets Pte Ltd (Saxo Markets)):
https://www.home.saxo/en-sg/rates-and-conditions/stocks/commissions
https://www.home.saxo/en-sg/rates-and-conditions/stocks/trading-conditions
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