Yes, 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.
Good Money Guide Review
Product Name: Saxo Investing App
Product Description: Saxo Markets investing app 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. Saxo Markets app also has some of the best pricing and order execution types, meaning you can work large orders on the move as well as from their standard desktop platform.
Capital at risk.
Is Saxo's investing app good for longer term investors?
Saxo’s 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 apps are a good choice if you are a sophisticated investor and want to manage every aspect of your portfolio actively and need an established platform. Saxo Markets app also has some of the best pricing and order execution types, meaning you can work large orders on the move as well as from their standard desktop platform.
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.
Fees: Saxo Markets charge EUR10 a month or 0.12% a year based on the value of your portfolio (depending on which is higher). If you have a VIP account this fee is reduced to 0.08%. Dealing charges are commission based as a percentage of transaction size. They are very 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:
- Platinum – if you have £200,000 or more on account, you can apply for 30% lower transaction and account costs.
- VIP – For accounts with portfolios over £1m, you get even better pricing, direct connection to experts, 1:1 SaxoStrats access and propriety event invitations.
Investing App:
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 Fees | DIY or Managed | Customer Rating | GMG Rating | More Info |
|---|---|---|---|---|---|
 | £0 | DIY | See Offer Capital at risk |
||
 | 0.45% per year | DIY | See Offer Capital at risk |
||
 | 0.25% per year | DIY | See Offer Capital at risk |
||
 | 0.75% | Managed | See Offer Capital at risk |
||
 | £4.99 a month | DIY | See Offer Capital at risk |
||
 | 0.6% | Managed | See Offer Capital at risk |
||
 | 0.12% per year | DIY | See Offer Capital at risk |
||
 | £0 - £24 per quarter | DIY | 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.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, 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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