Support Centre for Saxo Capital Markets (Australia) Pty Ltd

How do I transfer funds between subaccounts?

In SaxoTraderGO:

click on the Account tab, then go to Cash Transactions > Inter-Account Transfer

Select the account you wish to transfer funds from, the receiving subaccount and the amount to transfer, then click Transfer. You can select the transfer currency in the "Amount to transfer" field. The indicative conversion rate will be shown in the relevant field:



In SaxoTrader (downloadable):

click on the Account tab, then go to Cash Transactions > Inter-Account Transfer

Select the account you wish to transfer funds from, the receiving subaccount and the amount to transfer.


You can select the transfer currency in the "Amount to transfer" or "Amount to deposit" fields. The indicative conversion rate will be shown in the relevant field. 

Click "Submit" to execute the inter account transfer. 

Click image to open full screen.


There is no transfer fee, however a 0.5% conversion fee applies when transferring in different currencies. The conversion fee is charged by using the mid-spread FX Spot rate at the time of transfer, plus/minus 0.5%.


 

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