The firm slashes brokerage fees, with a reduction of 87% for US markets and 62% for the ASX.
Global market traders will benefit from a two-thirds reduction in currency conversion fees.
Saxo has announced
reductions in brokerage fees for both US and Australian markets. The company's
move aims to enhance the accessibility and affordability of trading for
Australian investors through transparent, all-inclusive pricing.
Saxo
Slashes Brokerage Fees
Saxo's clientele will now benefit from a
noteworthy reduction of up to 87% in brokerage fees for US markets and up to
62% for the ASX. Consequently, trading costs for US equities can be as low as
USD 1, UK equities for as little as GBP 3, and local ASX for as little as AUD
3.
This fee adjustment extends to various
other financial instruments such as Exchange Traded Funds, Exchange Traded
Products, Listed Options, and Futures, with potential savings of up to 70% on
AUD-denominated futures contracts.
Global market traders associated with
Saxo will experience a reduction of two-thirds in currency conversion fees, now
standing at 0.25%. This reduction facilitates cost-effective trading by
allowing Saxo clients to hold funds in 11 different currency sub-accounts.
Adam Smith, the CEO of Saxo Australia,
expressed the company's commitment to facilitating investment despite the
challenging economic environment. He stated: "By making prices more
competitive in the markets we operate in, especially the ASX, we aim to make it
more accessible for both new and existing clients to invest and remain invested
in financial markets."
Saxo's Fee Reductions and Currency
Conversions
The revised fee structure complements
Saxo's existing premium services, which include in-person client support, a
distinguished strategist team, and an unwavering focus on the safety and
security of client funds and assets. The objective is
to create an environment where a broader audience can explore opportunities in
global capital
markets, allowing Australian investors and traders to diversify
geographically, build wealth, and attain financial independence.
Saxo's revamped pricing structure
introduces changes aimed at providing enhanced value for its clients. The
company now offers competitive variable and minimum fees for transactions,
allowing ASX equities trading for as little as AUD 3. Moreover, Saxo has
standardized automated currency conversions with a nominal 0.25% FX rate
mark-up, providing clients with transparent and predictable currency conversion
fees.
Kim Fournais, the Founder & CEO of Saxo Bank: βInvestors
have increasing demands to the overall investment experience and the ability to
trade across markets and products on award-winning multi-asset platforms has
always been Saxoβs core pedigree. With the lower prices and fees, itβs becoming
even easier and more attractive to diversify across asset classes, which is
critical to any healthy and profitable portfolio. Diversification is really the
'only free lunch' in investing.β
Saxo has announced
reductions in brokerage fees for both US and Australian markets. The company's
move aims to enhance the accessibility and affordability of trading for
Australian investors through transparent, all-inclusive pricing.
Saxo
Slashes Brokerage Fees
Saxo's clientele will now benefit from a
noteworthy reduction of up to 87% in brokerage fees for US markets and up to
62% for the ASX. Consequently, trading costs for US equities can be as low as
USD 1, UK equities for as little as GBP 3, and local ASX for as little as AUD
3.
This fee adjustment extends to various
other financial instruments such as Exchange Traded Funds, Exchange Traded
Products, Listed Options, and Futures, with potential savings of up to 70% on
AUD-denominated futures contracts.
Global market traders associated with
Saxo will experience a reduction of two-thirds in currency conversion fees, now
standing at 0.25%. This reduction facilitates cost-effective trading by
allowing Saxo clients to hold funds in 11 different currency sub-accounts.
Adam Smith, the CEO of Saxo Australia,
expressed the company's commitment to facilitating investment despite the
challenging economic environment. He stated: "By making prices more
competitive in the markets we operate in, especially the ASX, we aim to make it
more accessible for both new and existing clients to invest and remain invested
in financial markets."
Saxo's Fee Reductions and Currency
Conversions
The revised fee structure complements
Saxo's existing premium services, which include in-person client support, a
distinguished strategist team, and an unwavering focus on the safety and
security of client funds and assets. The objective is
to create an environment where a broader audience can explore opportunities in
global capital
markets, allowing Australian investors and traders to diversify
geographically, build wealth, and attain financial independence.
Saxo's revamped pricing structure
introduces changes aimed at providing enhanced value for its clients. The
company now offers competitive variable and minimum fees for transactions,
allowing ASX equities trading for as little as AUD 3. Moreover, Saxo has
standardized automated currency conversions with a nominal 0.25% FX rate
mark-up, providing clients with transparent and predictable currency conversion
fees.
Kim Fournais, the Founder & CEO of Saxo Bank: βInvestors
have increasing demands to the overall investment experience and the ability to
trade across markets and products on award-winning multi-asset platforms has
always been Saxoβs core pedigree. With the lower prices and fees, itβs becoming
even easier and more attractive to diversify across asset classes, which is
critical to any healthy and profitable portfolio. Diversification is really the
'only free lunch' in investing.β
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
πΈ Instagram: https://www.instagram.com/fmevents_official
π¦ Twitter: https://twitter.com/F_M_events
π₯ TikTok: https://www.tiktok.com/@fmevents_official
βΆοΈ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
πΈ Instagram: https://www.instagram.com/fmevents_official
π¦ Twitter: https://twitter.com/F_M_events
π₯ TikTok: https://www.tiktok.com/@fmevents_official
βΆοΈ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
πΈ Instagram: https://www.instagram.com/fmevents_official
π¦ Twitter: https://twitter.com/F_M_events
π₯ TikTok: https://www.tiktok.com/@fmevents_official
βΆοΈ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
πΈ Instagram: https://www.instagram.com/fmevents_official
π¦ Twitter: https://twitter.com/F_M_events
π₯ TikTok: https://www.tiktok.com/@fmevents_official
βΆοΈ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
π£ Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
π LinkedIn: https://www.linkedin.com/company/financemagnates/
π Facebook: https://www.facebook.com/financemagnates/
πΈ Instagram: https://www.instagram.com/financemagnates_official
π¦ X (Twitter): https://twitter.com/financemagnates/
π‘ RSS Feed: https://www.financemagnates.com/feed/
βΆοΈ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
π Subscribe to our YouTube channel for more!π
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
π£ Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
π LinkedIn: https://www.linkedin.com/company/financemagnates/
π Facebook: https://www.facebook.com/financemagnates/
πΈ Instagram: https://www.instagram.com/financemagnates_official
π¦ X (Twitter): https://twitter.com/financemagnates/
π‘ RSS Feed: https://www.financemagnates.com/feed/
βΆοΈ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
π Subscribe to our YouTube channel for more!π
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa