Trading Account Fees

When I trade on the US and International markets, I know I’m getting value for money
Low trading commissions and added value


 In 2018, our clients saved 14% on US stock and ETF trading commissions compared to Saxo Bank



Stocks & ETFs

Number of trades per month US, Canada, UK, Ireland Euronext (France, Netherlands, Belgium), Xetra (Germany) Other markets (Switzerland, Spain, Italy, Sweden, Australia, Hong Kong, Singapore)
1-9 €14.95 + 0.10% €24.95 + 0.10% €49.95 + 0.10%
10+ €14.95 €24.95 €49.95
10+ trade size ≥ €100,000 0.03% 0.05%* 0.08%

The reduced 10+ trades commission will apply on the first business day of the month following qualification.

*For orders above €250,000, an additional trade fee of 0.03% applies to the 0.05% commission on Euronext and Xetra.

Mutual Funds

Internaxx Entry, Exit and Custody Fees Free
Quarterly Administration Fee 0.10% (min €15)
Buy/Sell Commissions First two transactions p.q. Free*.
Subsequent transactions charged €24.95.
Minimum investment amount €2,000 or equivalent

*First two transactions p.q. are rebated the next quarter.

One low account fee

Everything you need for a better investing journey

€ 25

Per quarter
if you trade at least once p.q.


  • Multi-currency account and easy-to-use platform
  • Real time data across 18 exchanges
  • Premium Morningstar research & innovative tools
  • Industry news, technical analysis & trading ideas
  • Dividend & corporate action processing

  FREE if you trade 12+ times every 3 months

Other fees and charges

  • Additional Phone trading fee €20
  • Exchange fees - Additional exchange fees or taxes levied on transactions will be charged directly to trades when applicable:
    - UK: 0.5%
    - Ireland: 1%
    - France: 0.3%
    - Italy: 0.1%
    Please note that the French and Italian Financial Transaction Tax on applicable purchases will still be charged, even where a position is sold the same day.
    - Hong-Kong: 0.1077%
    - For Singapore, all transactions are subject to a Clearing Fee of 0.0325%. For Structured Warrants a Clearing Fee of 0.05% is charged (subject to a cap of S$200).
  • UK Panel on Takeovers and Mergers (PTM) Levy is a flat charge of £1 on all transactions over £10,000. Irish Takeover Panel (ITP) Levy is a flat charge of €1.25 on all Irish transactions over €12,500.

Account maintenance Fees

As an international investor, you’ll find the added value offered by an Internaxx account hard to match. The more you trade the less you pay!

Internaxx charges no custody fees.

12 trades or more in the previous 3 months (Active Traders)     FREE    
1 to 11 trades in the quarter €25
No trades in the quarter €45

Forex trades do not count as qualifying trades.

Incoming transfers and payments

  Charges Value Dates
Bank Transfer free* same day value

* Internaxx Bank does not charge any fees of its own but any correspondent bank fees shall be borne by the client.

Outgoing transfers and payments

  Charges Value Dates
Bank Transfers in an EU currency to a member state of the EU plus Iceland, Norway, Switzerland
and Monaco (under € 50,000)
free* execution day**
Other transfers € 10*** execution day**

* For payments under € 50,000 made to SEPA-Zone countries (member states of the EU, Iceland, Norway, Switzerland, Monaco) with completed beneficiary IBAN and BIC details where fees are shared between the sender and the beneficiary. Otherwise, payment will be charged € 10.

** Instructions confirmed before 11 am CET on a weekday will be processed on the same day. Instructions confirmed after this time will be processed the following business day at the latest. Please send your instructions directly via your online account under the “Payments/Transfers” option.

*** Please note that intermediary banks may charge additional fees, which will be outside Internaxx’s control.

Internal transfers

  Charges Value Dates
Transfers between Internaxx Bank accounts free execution day*

* Transfers between Internaxx Bank accounts may take up to 24 hours to complete.

Securities transfers

Receipt of securities from another institution free (no Internaxx Bank commission)
Transfer of securities to another institution € 25 per position

Please note we do not deliver securities in physical form, and certain transfers may take several weeks to complete.

Special Services:

Fractional entitlements from a corporate action  up to € 10
Credit of tax adjustments from a corporate action   up to € 10
Account closure fee up to € 10 (if account balance is less than € 10)
Money/investments credited to a closed account up to € 10
Phone trading Web commission plus €20 per trade
Corporate Account Fees €500 per annum
Additional Work Requests €50 (first hour) and €30 (subsequent hours)

Internaxx reserves the right to charge an inactivity fee for the management of inactive accounts. If you don’t use your account for more than 36 months, meaning there have been no stock, ETF or fund transactions, Internaxx may charge EUR 150 every 6 months. You will be notified of this charge by email in the month following the 36th month. Account maintenance fees will be charged on a pro-rata basis upon account closure.

The following spreads apply to currency exchange and trades settled in a different currency. Applicable spread will apply for each portion of multiple-fill stock trades.

Transaction value in GBP or currency equivalent

< 15,000 1.00%
15,000 – 50,000 0.50%
50,000 – 250,000 0.40%
> 250,000 0.20%

Margin interest rates vary due to the base rate, the currency and the size of the loan.

Currency Base rate
as at 31 Oct.
Loans <50,000
(Base Rate
Loans >50,000
(Base Rate
Loans >250,000
(Base Rate
Loans >1,000,000
(Base Rate
EUR 0.00% 4.99% 2.99% 2.49% 1.99%
USD 1.75% 6.74% 4.74% 4.24% 3.74%
GBP 0.75% 5.74% 3.74% 3.24% 2.74%
CAD 1.75% 6.74% 4.74% 4.24% 3.74%
CHF 0.00% 4.99% Contact us
SEK 0.00% 4.99%
SGD 2.17% 7.16%
HKD 2.00% 6.99%
AUD 0.75% 5.74%


Rates applicable from 1 May 2018

Currency  Interest rate 
All Currencies  Base Rate + 12.99%


Interest will be charged on debit balances in each sub currency-account. Debit interest will be accrued daily and will be charged to your account on a quarterly basis. Clients are responsible for the management of the different sub currency-account balances.


Base rates are set weekly and in line (minimum 0.00%) with reference to commercially recognized interest rates, such as the ECB Main Refinancing Rate (EUR), Fed Funds Rate (USD), BoE Base Rate (GBP), BOC Policy Interest Rate (CAD), SNB SARON rate (CHF), Sveriges Riksbank Repo Rate (SEK), MAS Standing Facility Borrowing Rate (SGD), HKMA Base Rate (HKD), RBA Cash Rate (AUD). Debit interest will be charged quarterly in arrears.


Cash rates

Interest, where applicable, will be accrued daily and posted to your account on a quarterly basis.

Currency € 0-1,000 € 1,001-10,000 € 10,001-50,000 € 50,001+
EUR 0.000%* 0.000%* 0.000%* 0.000%*
USD 0.000% 0.000% 0.000% 0.000%
GBP 0.000% 0.000% 0.000% 0.000%
CAD 0.000% 0.000% 0.000% 0.000%
AUD 0.000% 0.000% 0.000% 0.000%
HKD 0.000% 0.000% 0.000% 0.000%
SGD 0.000% 0.000% 0.000% 0.000%
SEK -1.25% -1.25% -1.25% -1.25%
CHF -1.25% -1.25% -1.25% -1.25%

* * Central bank deposit rates will apply on euro balances during the quarter following a 12-month period of account inactivity (no stock or ETF trades). Additionally, central bank deposit rates will apply on your euro balance over 500,000 euros.

"In 2018, our clients saved 14% on US stock and ETF trading commissions compared to Saxo Bank". We’ve compared the total amount of commissions our clients paid on their US stock and ETF trades between 1 January 2018 and 31 December 2018 to Saxo Bank’s US Standard Commissions on 28 February 2019.

Any questions?