- Experts commend Saxo ETF Investing for its extensive selection of over 6,400 ETFs, competitive trading fees starting at 0.1%, and a robust online platform rated 4.5/5. They highlight the platform's strong market access and comprehensive research tools, while noting the absence of tax-free spread betting as a drawback.
- Across 137 user reviews on Good Money Guide, averaging 4.2/5, customers frequently praise the platform's user-friendly interface, comprehensive market access, and excellent customer service. However, some users express frustration with payment processing issues and the limitations on funding from non-resident countries, indicating a mix of positive experiences and operational challenges.
Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Saxo ETF Investing across five key areas of our review framework.
- Pricing4.5
- Market Access5.0
- Online Platform4.5
- Customer Service4.0
- Research & Analysis4.0
Pros
- Huge range of ETFs
- Good international access
- Low FX fees
Cons
- No tax free spread betting
See full expert review
Our verdict
Saxo Markets offers trading on 6,400+ ETFs from tech, healthcare, environment and other major sectors. You’ll also get access to research on ETFs across sectors and markets, investment inspiration, live market updates, expert analysis, podcasts and webinars.
Capital at risk.
Summary
A great choice for serious ETF investors that trade on a regular basis with large portfolios..
- ETFs available: 6,400+
- ETF account charge: £0
- ETF dealing charge: £6
- Account types: GIA, ISA, SIPP, CFDs, futures & options
Fees: *Saxo Markets charges a commission based on a percentage of ETF transaction size. They are very competitive though and ETF trading commission starts at 0.1% (£100 if you buy £100,000 worth of stock) and drops to 0.05% for more active traders.
Customer reviews for Saxo
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 137 reviews
- Excellent54%
- Very good19%
- Basic18%
- Poor7%
- Bad2%
Read customer reviews
Fantastic platform and really wide...
Fantastic platform and really wide choice of instruments - ability to get reports and track performance is superb
2/5
As above
As above
Good for US access
Good for US access
Excellent research
Excellent research
3/5
Pros:
No thoughts
Cons:
Dont know
3/5
Pros:
The wide palette.
Cons:
less fee
5/5
Pros:
easy professional platform to use
Cons:
Nothing.
4/5
Pros:
trading Options to choose from
Cons:
simplify trading experience
2/5
Pros:
Chart graphics
Cons:
Don't know
4/5
Cons:
Lower fees
3/5
Pros:
No thoughts
Cons:
X
4/5
Pros:
Looks good
4/5
Pros:
Functionality
4/5
4/5
5/5
5/5
Pros:
Strat├®gie dÔÇÖinvestissement dans la transition ├®cologique
Cons:
Conseils sur la strat├®gie dÔÇÖinvestissement
3/5
Pros:
UI
Cons:
not sure
4/5
Pros:
Access to Options trading
Cons:
Lower fees
Saxo is one of the best brokers for buying ETFs, especially compared to other retail platforms like eToro. With Saxo you can buy ETFs in local currencies like GBP, EUR and USD, whereas with eToro you are forced to buy GBP and EUR ETFs in USD (which includes FX conversion fees).
When you trade ETFs with Saxo you do so in the same was as stocks, as in you can trade ETFs directly on exchange with direct market access and buy/sell in between the bid/offer price. This is very useful for high-frequency larger investors. As it can significantly reduce costs.
Whereas with investing platforms like Hargreaves Lansdown where holding ETFs can cost as much as 0.45% of the value, the custody fee for holding ETFs with Saxo is around 0.12%. But this still isn’t as cheap as Interactive Brokers, where there is no account charge.
- Expert opinion: Saxo Markets reviewed & rated
Compare Saxo to other ETF investing platforms below:
| ETF Platform | ETF Account Fee | ETF Dealing Commission | Customer Reviews | More Info |
|---|---|---|---|---|
 | £24 pq | £8 | (Based on 746 reviews) | Visit Platform Capital at risk |
 | £4.99 pm | £5.99 | (Based on 1,125 reviews) | Visit Platform Capital at risk |
 | £0 | 0.10% | (Based on 137 reviews) | Visit Platform Capital at risk |
 | £0 | £11.95 | (Based on 1,775 reviews) | Visit Platform Capital at risk |
 | £0 | 0.05% | (Based on 1,375 reviews) | Visit Platform Capital at risk |
 | £0 | £0 | (Based on 1,635 reviews) | Visit Platform Capital at risk |
 | 0.25% | £9.95 | (Based on 1,103 reviews) | Visit Platform Capital at risk |
 | 0.4% | £4.95 | (Based on 109 reviews) | Visit Platform Capital at risk |
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.
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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.
