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Saxo are giving new and existing clients the chance to win £5,000 towards their ISA allowance.

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If you’ve not already filled up your investment ISA this year, then Saxo is offering a nice incentive if you go with them.

One randomly selected client who invests a minimum of £1,000 in a Saxo investment stocks and shares ISA account before 20th April will be selected to win £5,000 towards their ISA allowance.

To enter the Saxo ISA allowance prize draw, all you need to do is:

  1. Open a Saxo stocks and shares ISA
  2. Fund your account with at least £1,000
  3. Place at least one trade before 20 April

If you’ve not used Saxo before here are a few helpful sections of the Good Money Guide to take a look at:

Should you open a Saxo investment stocks and shares ISA?

Well, that’s up to you, but if you want to compare Saxo against other providers you can compare stocks and shares ISA accounts here. But in brief, with a Saxo account, you can invest in more than 11,000 eligible stocks, ETFs and bonds on industry-leading prices and buy and sell UK stocks from just £4.99 commission and US stocks from $9.90. there are of course additional custody fees of 0.12% per year.

What are the Saxo investment ISA fees and how do they compare?

I wouldn’t say that Saxo are a discount broker, but they do win a lot of business by being cheaper than the competitors. here’s a screenshot from their price comparison of fees on their website and how they compare to IG, Interactive Investor, AJ Bell and Hargreaves Lansdown.

What does the Saxo investment ISA offer:

  • Industry-leading prices – Trade UK stocks from £4.99 commission and US stocks from $9.90, with a custody fee of 0.12% a year
  • Extensive product range – Invest in thousands of ISA-eligible stocks, ETFs, bonds and investments trusts, with access to 25 leading exchanges.
  • Award-winning platform – Make investment decisions on the go with our powerful online platform for mobile, desktop or tablet.
  • No transfer fees – Transfer your existing ISA to Saxo with no charges from us, and withdraw your funds at any time without penalty fees.

If you do go on to open an account with Saxo, please come back and leave Saxo a review

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About The Author

Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape. Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000. Richard's contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others. Under Richard's leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide's standing as a well-respected resource for both customers and industry colleagues.
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