Saxo review: trading US stocks
Priced for size — the tiering rewards larger balances and punishes small ones.
In one line: Saxo lets you own US shares outright, founded 1992, headquartered in Copenhagen, Denmark, regulated by DFSA, FCA, MAS, with no minimum deposit and access to US listed stocks plus 50+ global exchanges.
The facts
| What you actually hold | The share itself |
|---|---|
| US stock access | US listed stocks plus 50+ global exchanges |
| Fractional shares | No |
| Minimum deposit | None |
| Published pricing | Tiered commission on US shares that falls with account level; custody fees apply in some jurisdictions. Source |
| Platforms | SaxoTraderGO, SaxoTraderPRO |
| Extended hours | Available on selected US listings |
| Founded / HQ | 1992 · Copenhagen, Denmark |
| Regulation | DFSA (Denmark) — Denmark (1149); FCA — United Kingdom (551422); MAS — Singapore (CMS100411) |
Best for
- Larger portfolios
- Investors wanting US plus European and Asian listings
- Bank-grade custody
Watch out for
- Costs bite at small account sizes
- No fractional shares
Frequently asked questions
Is Saxo good for US stocks?
Priced for size — the tiering rewards larger balances and punishes small ones. Positions are real shares, so dividends and shareholder rights pass through to you.
Do you own the shares with Saxo?
Yes — Saxo offers real share ownership on US listings, alongside a separate CFD product where leverage is applied.
What does Saxo cost for US stocks?
Tiered commission on US shares that falls with account level; custody fees apply in some jurisdictions. The authoritative figure is on Saxo's own pricing page, linked on this profile — we restate it rather than estimating it.
Is Saxo regulated?
Saxo holds authorisations from DFSA (Denmark) (Denmark, licence 1149); FCA (United Kingdom, licence 551422); MAS (Singapore, licence CMS100411). Which entity holds your account — and therefore which protections apply — depends on your country of residence.
What is the minimum to open a Saxo account?
Saxo does not require a minimum deposit, though a practical minimum is set by the price of what you want to buy and any currency conversion cost.
Reviewed August 2026. Every figure above is restated from Saxo's own published pages, linked in the table.