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Anyone here has used Saxo global markets before?

4 posters

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N W

N W
Senior Equity Analytic
Senior Equity Analytic

If yes please let me know how is their per trade buy/sell trading fee and do they have account inactivity fees. Also have you been able to successfully withdraw funds from your trading account back to your bank account?

sheildskye

sheildskye
Manager - Equity Analytics
Manager - Equity Analytics

Stay away from apps if you don't have USA citizenship. The current trend of rules being introduced in the country, you may see your assets being seized by the CBSL.

Mr. Wayne and N W like this post

N W

N W
Senior Equity Analytic
Senior Equity Analytic

sheildskye wrote:Stay away from apps if you don't have USA citizenship. The current trend of rules being introduced in the country, you may see your assets being seized by the CBSL.
I did see it is quite difficult these days but looking for a trusted avenue that has worked for someone who is a non-us citizen:)
Thank you for the heads up have you personally used any service like saxo,IB etc?

sheildskye

sheildskye
Manager - Equity Analytics
Manager - Equity Analytics

I am a geek myself, as a tech guru, I still stick to trade terminal. Its an inhouse Oracle based platform developed by the Nixon foundation that enables me to trade in almost all stock markets in the world.

N W likes this post

N W

N W
Senior Equity Analytic
Senior Equity Analytic

sheildskye wrote:I am a geek myself, as a tech guru, I still stick to trade terminal. Its an inhouse Oracle based platform developed by the Nixon foundation that enables me to trade in almost all stock markets in the world.
How can I sign up to this platform? I can't seem to find much info about trade terminal by nixon hope you could share or pm the link to their website please:)

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Bots Anyone here has used Saxo global markets before? 1f602  Anyone here has used Saxo global markets before? 1f602  Anyone here has used Saxo global markets before? 1f602  Anyone here has used Saxo global markets before? 1f602

N W

N W
Senior Equity Analytic
Senior Equity Analytic

geesura wrote:Bots Anyone here has used Saxo global markets before? 1f602  Anyone here has used Saxo global markets before? 1f602  Anyone here has used Saxo global markets before? 1f602  Anyone here has used Saxo global markets before? 1f602
what do you mean bots?? scratch

N W

N W
Senior Equity Analytic
Senior Equity Analytic

?

Dil123


Stock Analytic
Stock Analytic

use IB, Saxo is way too expensive

N W

N W
Senior Equity Analytic
Senior Equity Analytic

Dil123 wrote:use IB, Saxo is way too expensive
IB has Inactivity fees which is like $10 per month...
If your trades don't accumulate at least $10 in commissions for them in a month you have to pay it, so anyways you have to pay $10/month on IB.

Have you come across this on IB?

Dil123


Stock Analytic
Stock Analytic

N W wrote:
Dil123 wrote:use IB, Saxo is way too expensive
IB has Inactivity fees which is like $10 per month...
If your trades don't accumulate at least $10 in commissions for them in a month you have to pay it, so anyways you have to pay $10/month on IB.

Have you come across this on IB?
I have not noticed this charge on IB. However, you have to pay for Market data. NYSE, NASDAQ etc... whichever data streams you choose. For me I usually pay around $45 per month for data. Anyway the biggest cost is the taxes. You can’t avoid that

N W likes this post

N W

N W
Senior Equity Analytic
Senior Equity Analytic

Dil123 wrote:
N W wrote:
Dil123 wrote:use IB, Saxo is way too expensive
IB has Inactivity fees which is like $10 per month...
If your trades don't accumulate at least $10 in commissions for them in a month you have to pay it, so anyways you have to pay $10/month on IB.

Have you come across this on IB?
I have not noticed this charge on IB. However, you have to pay for Market data. NYSE, NASDAQ etc... whichever data streams you choose. For me I usually pay around $45 per month for data. Anyway the biggest cost is the taxes. You can’t avoid that
Market data meaning like buy/sell recommendations? I guess you are quite actively monthly so it wouldn't be charged then:)

Dil123


Stock Analytic
Stock Analytic

N W wrote:
Dil123 wrote:
N W wrote:
Dil123 wrote:use IB, Saxo is way too expensive
IB has Inactivity fees which is like $10 per month...
If your trades don't accumulate at least $10 in commissions for them in a month you have to pay it, so anyways you have to pay $10/month on IB.

Have you come across this on IB?
I have not noticed this charge on IB. However, you have to pay for Market data. NYSE, NASDAQ etc... whichever data streams you choose. For me I usually pay around $45 per month for data. Anyway the biggest cost is the taxes. You can’t avoid that
Market data meaning like buy/sell recommendations? I guess you are quite actively monthly so it wouldn't be charged then:)
Market data meaning order book.

N W

N W
Senior Equity Analytic
Senior Equity Analytic

Dil123 wrote:
N W wrote:
Dil123 wrote:
N W wrote:
Dil123 wrote:use IB, Saxo is way too expensive
IB has Inactivity fees which is like $10 per month...
If your trades don't accumulate at least $10 in commissions for them in a month you have to pay it, so anyways you have to pay $10/month on IB.

Have you come across this on IB?
I have not noticed this charge on IB. However, you have to pay for Market data. NYSE, NASDAQ etc... whichever data streams you choose. For me I usually pay around $45 per month for data. Anyway the biggest cost is the taxes. You can’t avoid that
Market data meaning like buy/sell recommendations? I guess you are quite actively monthly so it wouldn't be charged then:)
Market data meaning order book.
Seriously you have to pay for order book and we so lucky to get it free here in CSE lol.

Dil123


Stock Analytic
Stock Analytic

N W wrote:
Dil123 wrote:
N W wrote:
Dil123 wrote:
N W wrote:
Dil123 wrote:use IB, Saxo is way too expensive
IB has Inactivity fees which is like $10 per month...
If your trades don't accumulate at least $10 in commissions for them in a month you have to pay it, so anyways you have to pay $10/month on IB.

Have you come across this on IB?
I have not noticed this charge on IB. However, you have to pay for Market data. NYSE, NASDAQ etc... whichever data streams you choose. For me I usually pay around $45 per month for data. Anyway the biggest cost is the taxes. You can’t avoid that
Market data meaning like buy/sell recommendations? I guess you are quite actively monthly so it wouldn't be charged then:)
Market data meaning order book.
Seriously you have to pay for order book and we so lucky to get it free here in CSE lol.
Yes! True! We are lucky in many ways.. no fees.. no dividend tax.. no capital gain taxes...

N W likes this post

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