Even though Saxo is traditionally a trading platform for short-term speculation on the markets going up or down. It is also an excellent choice for longer-term investors as Saxo is a very well-capitalised company, heavily regulated in the UK and all the regions they operates in, and has excellent customer service for small and large customers.
Saxo Investing App Expert Review: A good app for beginners, a great app for professionals
Account: Saxo Investing App
Description: Saxo has two apps - SaxoTraderGO and now SaxoInvestor, which is aimed at beginners and is a trimmed-down version of its older sister. Saxo has some of the best pricing and order execution types. Capital is at risk.
Are Saxo's Investing Apps Good for Longer-term Investors?
SaxoTraderGO is a good choice if you are a sophisticated investor and want to manage every aspect of your portfolio actively and need an established platform. The SaxoInvestor app won Best Investing App in our 2024 awards as it helps connect new and beginner investors through a simple interface to one of the most advanced platforms in the industry.
Saxo‘s competitive pricing and range of order execution types mean you can work large orders on the move as well as from the standard desktop platform.
Even though Saxo is traditionally a trading platform for short-term speculation on the markets going up or down, it’s also an excellent choice for longer-term investors. That’s because Saxo is a well-capitalised company, heavily regulated in the UK and all the regions it operates in, and has excellent customer service for small and large customers.
Fees
Saxo charges €10 a month or 0.12% a year (whichever is higher) based on the value of your portfolio. If you have a VIP account this fee drops to 0.08%. Dealing charges are commission based as a percentage of transaction size. They are competitive, though, and UK shares trading commission starts at 0.1% (£100 if you buy £100,000 worth of stock) and drops to 0.05% for more active traders.
Special Offers
If you have £200,000 or more on account, you can apply for 30% lower transaction and account costs.
For accounts with portfolios over £1m, you get even better pricing, direct connection to experts, 1:1 SaxoStrats access and event invitations.
What Are the Apps Like to Use?
The images below are from the SaxoTraderGO app. You can see the Saxo Investor platform in our dedicated hands-on review.
Pros
- Direct market access
- Excellent platform
- Low commissions
Cons
- May be too complicated for beginners
- Subscription fees for live pricing
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Pricing
(5)
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Market Access
(5)
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Online Platform
(5)
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Customer Service
(5)
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Research & Analysis
(5)
Overall
5- Expert opinion: Saxo Markets reviewed & rated
Saxo Investing App (iPhone) Video Walkthrough
Compare Saxo’s investing app against other investing apps below:
Investment ISA | ISA Annual Fees | DIY or Managed | Customer Rating | More Info |
|---|---|---|---|---|
 | £96 | Both | (Based on 678 reviews)
| See Offer* Capital at risk |
 | 0.25% - 0% | Both | (Based on 1,616 reviews)
| See Offers Capital at risk |
 | 0% | DIY | (Based on 275 reviews)
| See Offer Capital at risk |
 | 0.6% | Managed | (Based on 2,564 reviews)
| See Offer Capital at risk |
 | £0 | Both | (Based on 934 reviews)
| See Offer Capital at risk |
 | 0.75% - 0% | Both | (Based on 235 reviews)
| See Offer Capital at risk |
 | £59.88 | Both | (Based on 1,119 reviews)
| See Offer Capital at risk |
 | 0.25% - 0% | DIY | (Based on 1,094 reviews)
| See Offer Capital at risk |
 | 0.45%- 0% | DIY | (Based on 1,758 reviews)
| See Offer Capital at risk |
 | 0.12% | DIY | (Based on 73 reviews)
| See Offer 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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