Last updated on June 6th, 2021
When you are searching for the fee schedule for
Saxo, you may have
come across the inactivity fee.
The information may be a bit conflicting, depending on the sources that you’re looking at. So here is an explanation to clarify this issue for you.
Am I charged an inactivity fee by Saxo Singapore?
You are not charged an inactivity fee by Saxo Singapore. The inactivity fee only applies to Saxo Bank. Saxo is operating in Singapore as Saxo Markets, which is a subsidiary of Saxo Bank. As such, you will not be charged any inactivity fees if you use Saxo in Singapore.
The inactivity fee applies to Saxo Bank
You may have
clicked the link to Saxo Bank. As such, you may have seen that
Saxo will charge you up to USD 150 if you do not make a trade for 6...