Funding your account in GBP

In order to start trading you must first fund your account.

Please note that initial funding of your account can only be made by way of a Bank/Wire Transfer. Any subsequent funding can also be made by using a Debit card payment method.

Below you will find instructions for making a Debit card deposit or a Wire/Internet banking transfer.

Option 1: Fund your account online with a Debit card

You can fund your account on the SaxoTrader platform once you have downloaded the software to your computer and logged in using your Saxo Capital Markets ID and the Password you created earlier.
 
 
To fund with a Debit card on the platform you will need to go to Account > Cash Transactions >  Debit Card Deposit. Please see the illustration below:


SaxoTrader

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SaxoTraderGO

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Please note that we will not allow third party transfers and you can use a maximum of 3 cards. There will be a limit of USD 100,000 per transaction and a maximum 30-day running sum limit of USD 160,000.

Option 2: Wire/Internet Banking Transfer
Currency: GBP (Pound Sterling)

Beneficiary:
Sort Code:
Account No:
Bank:
Reference:

Swift Code:
IBAN:

Saxo Capital Markets UK Ltd
18-50-08
13005828
Citibank London
YOUR SAXO CAPITAL MARKETS ID

CITIGB2LXXX
GB62CITI18500813005828

 

 

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Important: Please ensure you use your Saxo ID as a reference on all transfers to Saxo Capital Markets. Please note, we CANNOT accept any third party payments, all funds must come from an account in the name of the Saxo Capital Markets account holder (funds from joint accounts are accepted but delays may occur in crediting your account if your name is not clearly identifiable from the information we receive from the remitting bank).



For settlement details relating to any other currency, please click here.

The value of your investments can go down as well as up.
Losses can exceed deposits on margin products. Please ensure you understand the risks.

Need help?

We are ready to assist you. Contact us below.

Contact us

 

The value of your investments can go down as well as up.
Losses can exceed deposits on margin products. Please ensure you understand the risks.

 
Saxo Capital Markets UK Limited is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 551422. Registered address: 26th Floor, 40 Bank Street, Canary Wharf, London E14 5DA. Company number 7413871.

This website, including the information and materials contained in it, are not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in the United States, Belgium or any other jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation.