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$100/$200/$500 for Referee and Referrer (Minimum Funding $3,000/$300,000/$1.5M) @ Saxo Markets

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Saxo allows you to access 40,000+ instruments – across asset classes and across different countries – to trade, hedge and invest from a single account. It has been around since 1992 and headquartered in Denmark.

They have got very responsive and helpful customer service (I have personally experienced this and also the reviews on Google says so).

If you open a Classic client (Minimum funding AUD 3,000) - You will receive AUD 100, referrer will receive AUD 100
If you open a Platinum client (Minimum funding AUD 300,000) - You will receive AUD 200, referrer will receive AUD 200
If you open a VIP client (Minimum funding AUD 1,500,000) - You will receive AUD 500, referrer will receive AUD 500

How it works?
Open an account via the referral link.
When you place three trades, SAXO will credit cash reward into your account.

How many referrals can I make?
You can share your link with as many friends as you want but, according to their Terms and Conditions you can receive a reward for up to 3 successful referrals per rolling 3 month period.

When will it be credited?
If you're eligible for a referral reward, SAXO will credit your account at the beginning of the following month after you qualified. Please note, they allow the referred client 30 days to meet their minimum funding requirements, so it may take longer than expected to credit referrer's account.

Referral Links

Referral: random (4)

$100, $200, or $500 each for Referrer & Referee (Min. Funding $3,000, $300,000, or $1.5M)

Related Stores

Saxo Markets
Saxo Markets

closed Comments

  • +3

    According to T&C, https://www.home.saxo/-/media/documents/regional/au/referral…

    Referrer/Referee = classic $100/$100, platinum $200/$200, VIP $500,$500

    And you can't refer your spouse. Deal breaker.!

    • Thanks mate, just updated.

  • +1

    According to Wikipedia…
    Ownership
    Saxo Bank is privately held with Geely Financials Denmark A/S – a subsidiary of Zhejiang Geely Holding Group Co., Ltd – owning 50.89% of the company. Founder and CEO, Kim Fournais, owns 27.53%, while Sampo Group owns 19.43% of the company. Minority shareholders, including current and former employees, hold the remaining shares

  • Saxo Capital Markets (Australia) Limited ABN 32 110 128 286 AFSL 280372 (‘Saxo’ or ‘Saxo Capital Markets’) is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark.

    Saxo is not a bank.

  • +1

    I was considering using them once upon a time…

    But if you look at the Google Reviews,

    You'll probably give it a miss.

  • d. The Referred Client funds the trading account with the prevailing minimum funding
    amount or the amounts stated in clause 6 below (to the extent that such amount is not
    below the prevailing minimum funding amount) within thirty (30) days from account
    opening and executes at least three qualifying (3) trades on the trading account within
    the Promotional Period.
    e. Qualifying trades are open or close positions on Stocks, ETFs, Options and Bonds.

    3 transactions which are either open or close. So, buy, sell, buy, sell? Commission on bonds are 0.2% with a min. buy of 80 EUR. 0.002804 = 0.48 EUR = $1.05 AUD.

    Also says no holding fees if you only own Australian shares or bonds. So you could theoretically only spend a dollar total in order to get the referral?

  • +1

    Got my $100.

    Did an ASX shares buy + ASX shares buy + ASX shares sell. $5.50 x 3 = $16.50 total spend. Made 8 cents from my trades too :)

    Would recommend.

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