Do you have experience of Saxo Markets for trading LSE stocks?

23rd Oct '16 by Bushranger

2 comments 7396 reads

As some other Stockopedia members have recently commented on , TD Investing is to be taken over by Interactive Investor.

I'm just a bit unsure about the positives and negatives of that and have been looking around at different platforms/companies.

One that has caught my attention is Saxo. Does anybody have any knowledge experience regards this company? Any alternatives? They seem to charge a high commission for trades of LSE - SETSqx and SEAQ stocks. Correct me if I am wrong but these are very illiquid AIM stocks? Are these something different to what is covered on Stockopedia and my current platform?

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mrwhits

24th Oct '16

have you look at Interactive Brokers? they give you access to a huge range of markets and instruments and are low cost.

regards

mrwhits.

gus 1065

I've not used Saxo so can't really comment on them. If you're looking to compare different platforms for holding stocks and funds you might find the attached link useful. Depending on your level of investment and likely activity rate it will give you an indication of the relative costs of the different services.

http://www.comparefundplatforms.com/compare.asp

I posted this on another these last week, but it seems relevant here too, (though apologies for the repetition).

Best,

Gus.

Do you have experience of Saxo Markets for trading LSE stocks?

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Bushranger

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