- Experts rate Saxo Stocks & Shares ISA highly, noting its extensive range of over 11,000 ISA-eligible investments and competitive pricing structure. The platform excels in market access, customer service, and research capabilities, achieving a total rating of 4.9/5. However, they point out the costs associated with live pricing and the presence of some high-risk products as potential drawbacks.
- Across 137 user reviews on Good Money Guide, averaging 4.2/5, customers frequently commend the platform's user-friendly interface, extensive market access, and responsive customer service. Many highlight the competitive pricing and the comprehensive range of investment options available. However, some users express frustration with issues related to account registration and the limitations on funding from non-resident countries.
Saxo Stocks & Shares ISA 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 Stocks & Shares ISA across five key areas of our review framework.
- Pricing4.5
- Market Access5.0
- App & Platform5.0
- Customer Service5.0
- Research & Analysis5.0
Pros
- Huge range of investments
- DMA market access
- Professional platform
Cons
- Cost for live pricing
- Some high risk products
See full expert review
Our verdict
Saxo Stocks & Shares ISA lets you invest in more than 11,000 ISA-eligible stocks, ETFs, bonds and commodities, from 60 leading exchanges worldwide
Is Saxo's ISA any good?
Saxo Stocks & Shares ISA lets you invest in more than 11,000 ISA-eligible stocks, ETFs, bonds and commodities, from 60 leading exchanges worldwide
Fees: Saxo charge a custody fee of 0.12% for an ISA. when you buy and sell shares Saxo Markets charges a commission based on 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.
Is Saxo's ISA better than IBKR's?
Yes, Saxo does have an ISA and it is better than Interactive Brokers' ISA (for some things but not everything). For instance, Saxo's ISA is cheap, but IBKR's is free. But, Saxo has better customer service, which in my mind is very important. It's a close call between IBKR and Saxo, but overall I'd say as the services the two brokers are so similar, IBKR has the better ISA purely based on the price differential.
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
3/5
Pros:
Forex
Cons:
Costs
1/5
Pros:
Nothing
Cons:
Reduce fees
3/5
Cons:
Platform, Fees, Support
5/5
Pros:
Ease of use
Cons:
Nothing
5/5
3/5
Pros:
Good interface
Cons:
Currency conversion is too expensive
4/5
Pros:
Breadth of investments
3/5
Pros:
OTC products
Cons:
lower fee
2/5
2/5
3/5
Pros:
No favorite
Cons:
Support
5/5
Pros:
flexible charts
Cons:
enable trading automation
5/5
Pros:
Brilliant website
Cons:
Nothing
5/5
Pros:
Concise trade costing & variety of markets
Cons:
More companies in covered markets
3/5
Pros:
platform
Cons:
fees
4/5
Pros:
Breadth of investments available and platform
Cons:
single login for all accounts (ISA/SIPP/Trading)
3/5
3/5
3/5
2/5
Pros:
Nothing
Cons:
Simplyfy everything and make communication much easier
Compare Saxo’s ISA to other Stocks and Shares ISA accounts below:
| Investment ISA | ISA Annual Fees | DIY or Managed | Transfer Offer | Customer Rating | More Info |
|---|---|---|---|---|---|
 | £96 | Both | Cash Back | (Based on 746 reviews) | See Offer* Capital at risk |
 | £59.88 | Both | Free Trades | (Based on 1,125 reviews) | See Offer Capital at risk |
 | 0.25% - 0% | Both | Bonus | (Based on 1,635 reviews) | See Offers Capital at risk |
 | 0% | DIY | ❌ | (Based on 676 reviews) | See Offer Capital at risk |
 | 0.6% | Managed | Cash Back | (Based on 2,571 reviews) | See Offer Capital at risk |
 | £0 | Both | ❌ | (Based on 1,375 reviews) | See Offer Capital at risk |
 | 0.75% - 0% | Both | ❌ | (Based on 249 reviews) | See Offer Capital at risk |
 | 0.25% - 0% | DIY | Fees Paid | (Based on 1,103 reviews) | See Offer Capital at risk |
 | 0.45%- 0% | DIY | Cash Back | (Based on 1,775 reviews) | See Offer Capital at risk |
| 0.12% | DIY | Cash Boost | (Based on 137 reviews) | See Offer Capital at risk |
 | 0.15% | Both | ❌ | (Based on 38 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.
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.
