Commissions for Bond Trading

Online trading

MarketStandard Active*
European government bonds 0.20%
(min. 80 EUR)**
0.05%
(min. 50 EUR)**
US government bonds 0.20%***
(min. 80 EUR)**
0.05%***
(min. 50 EUR)**
European and US corporate bonds 0.20%
(min. 80 EUR)**
0.10%
(min. 50 EUR)**
Emerging Markets bonds 0.20%
(min. 80 EUR)**
0.10%
(min. 50 EUR)**

 

* See more under rates and conditions for bonds.

** The equivalent if traded in another currency.

*** For US government bonds there is an additional external execution fee of 0.0004% embedded in the price.

Offline trading

MarketStandard commissionActive commission*
US government bonds 0.10%
(min. 80 EUR)**
0.05%
(min. 50 EUR)**
European and US corporate bonds 0.20%
(min. 80 EUR)**
0.10%
(min. 50 EUR)**

* Where an active client is defined as making a minimum of 50 bond trades per month OR is an active trader in any other asset class OR is a premium client.

** or the equivalent if traded in another currency.

Updated 23 September, 201​6​

Product Risk

Saxo Capital Markets is required to categorise investment products offered to retail clients depending on the product's complexity and risk as: green, yellow or red.

Bonds are categorised as either green, yellow or red products depending on the individual instrument. Please see the "Product Risk Categorisation".

Bonds Disclaimer
For most bonds, in particular corporate bonds, bid and offer prices are not public available and transparent, as the majority of trading takes place outside regulated marketplaces. Bonds are traded OTC with Saxo Capital Markets as counterpart, and OTC trading conditions apply. Please see Saxo Capital Markets' execution policy for further information.

None of the information contained herein constitutes an offer or an attempt to offer to purchase or sell a financial instrument, or to make any investments. Saxo Capital Markets HK Limited is not responsible for and not liable to any loss arising from any investment based on any recommendation, forecast or any other information contained herein. Leveraged investments in foreign exchange or derivatives can be speculative and carry a high degree of risk which may result in significant gains or losses. Investors should carefully consider their financial situation and consult their independent professional advisors as to the suitability of their situation prior to making any investments.