How to use the Saxo Bank referral code, step by step
- Open the link on this pageIt lands on Saxo's referral page with the offer attached. Press Sign up with referral there. If you browse other parts of Saxo's site first, come back here before you apply.
- Apply for a private accountComplete the application and upload your documents. Saxo emails your login details once it approves the account. Only private accounts qualify.
- Deposit within 30 daysYou have 30 days from the day the account is set up to add money, with no minimum amount. Saxo accepts bank transfers, and other methods depend on your country.
- Trade and let the credit refund feesThe EUR 250 appears a few days after Saxo registers your deposit. You pay the normal fee on each trade, and Saxo refunds eligible fees at the end of every trading day.
What the Saxo Bank sign-up bonus pays
What the Saxo Bank bonus is and what counts
Commission credit is not cash. It's a separate balance that covers trading commissions: you pay the standard fee on a trade, and at the end of that trading day Saxo refunds eligible fees from the credit until it's used up.
It lasts 90 days from your first deposit, and whatever is left after that expires. It can't be paid out, turned into cash or moved to another account. This is Saxo's referral offer for Central and Eastern Europe.
- Covered: commissions on stocks, ETFs, bonds, futures, exchange-traded options and crypto ETPs.
- Not covered: FX, FX options, CFDs and index CFDs.
- Commission on the main US and Euronext exchanges is 0.08% (minimum 1 USD or 1 EUR), so EUR 250 pays for a lot of orders inside the 90 days.
Does the Saxo Bank referral code still work?
We checked the link against Saxo's referral page and its Central and Eastern Europe referral terms on 24 September 2026, and the landing page showed EUR 250 that day. The link is the author's own, from an active Saxo account.
Saxo Bank invite code vs referral link
Saxo doesn't use codes for this offer. The referral travels with the link, which opens Saxo's referral page with the Sign up with referral button. Sign up from there and the offer is attached to your application.
Saxo emails you once the referral is complete, after you've signed up and funded the account. If it didn't go through, Saxo tells you that too.
What Saxo Bank is
Saxo started in Copenhagen in 1992 and put one of Europe's first online trading platforms live in 1998. It holds a Danish banking licence, is part of the J. Safra Sarasin Group and has over 1.5 million clients.
More than 71,000 instruments are available on two platforms: SaxoInvestor for straightforward investing and SaxoTrader for the full range. There's no account fee, no inactivity fee and no minimum deposit. Stocks, ETFs, ETCs and bonds carry a custody fee of 0.15% a year.
What the person who shared the link gets
In this Central and Eastern Europe program the reward is yours as the new client. Saxo's terms for the region list no payment for the person who shared the link.
Saxo Bank referral code questions
What is the Saxo Bank referral code?
Saxo uses a link, not a code. The link on this page carries the referral, so there's nothing to type.
Can I add the Saxo Bank referral code after signing up?
No. The reward only comes with a sign-up from the referral page. An account opened any other way doesn't get the EUR 250.
Which countries can use the offer?
Residents of Croatia, the Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. Other Saxo regions run their own referral offers with different amounts.
How much do I have to deposit?
Saxo sets no minimum. The referral terms only ask that you deposit money within 30 days of the account being created.
Can I withdraw the EUR 250?
No. It refunds eligible trading commissions for 90 days and can't be paid out or converted to cash.
How will I know the referral worked?
Saxo sends an email once you've signed up through the referral page and funded the account. It also lets you know if the referral wasn't successful.
