Saxo
Fee Breakdown

Full fee schedule, pros, cons, and how Saxo compares to other UK platforms.

Category Trading platform
Account types ISAGIASIPP
Investments FundsETFsUK SharesIntl SharesBonds
SIPP drawdown Yes
Fee data last verified: June 2026

Fee schedule

Platform fee£0
SIPP fee£469.00 per year
Fund tradingN/A
ETF trading£3.00
Share trading (UK)£3.00
Regular investingN/A
FX rate0.60%
Entry/exit feesExit fees apply
Drawdown fee£205
Cash interestCheck with provider

Pros

Very wide international range
Professional trading tools
Multiple asset classes

Things to know

SIPP costs £469/yr extra
+£205/yr drawdown, £274 per UFPLS
Exit fees apply
Complex fee structure
Higher FX fees
Commission varies by tier and market

Ratings

Customer Service3/5
Ease of Use2/5
Investment Range5/5
Track Record4/5
SIPP +£469/yr. +£205/yr drawdown. £274 per UFPLS. 0.12% up to £1m, 0.08% above. Exit fees apply.
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