Saxo UK: stock transfer lines and fee cap
Four lines illustrate the EUR 160 cap separately from cash transfers or stock sales.
Identify the transfer type
UK pricing lists outbound stocks at EUR 50 per line, capped at EUR 160 or account-currency equivalent. This is neither a cash-wire fee nor stock-sale commission.
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Diagram explained
Confirm line and cap scope first
- Assume four lines × EUR 50 = EUR 200
- Assumed same-request cap: EUR 160
- Stock transfer differs from wire or sale
Four-line example
Assume four lines in one request covered by the same cap: 4 × EUR 50 is EUR 200, capped at EUR 160. Confirm how a line and grouped request are defined before applying the cap.
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Not a sell-to-withdraw example
Securities transfer differs from selling and converting cash. Margin-product access does not prove CFDs/fractions transfer like stocks. Confirm receiving-broker support and fee currency.
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Custody and credit do not vanish
During processing, inspect custody conditions/value dates. Programme credit covers eligible trading commission; it does not establish transfer-out reimbursement. No recommendation to sell or transfer merely to avoid fees is made.
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Rebate details
Contact FINEX to confirm the rebate rate, eligible fees and account conditions before registering. contact@finexbroker.com
Your next step
Sources and scope
Sources are provider publications. Conditions may vary by entity, country, account and program. Recheck before signing up.