Saxo Markets launches new interest-rate model for traders in Singapore
Saxo Capital Markets Pte Ltd (‘Saxo Markets’), a wholly owned subsidiary of Saxo Bank A/S, announces that it has launched a new interest-rate model that makes it easier for traders to earn more interest on their uninvested cash, across multiple currencies (SGD, USD, EUR, CNH etc).
And every time central banks hike interest rates, Saxo adjusts the daily rates accordingly.
Deposit as much as you like with no cap on the amount you can earn. Start earning at lower amounts, and get even better interest rates when you deposit more. There’s also no lock-in period, so it’s flexible and you can access your funds at any time.
While your uninvested cash earns interest, you’re free to invest when you see an opportunity, and to withdraw whenever you like.
Want to estimate how much interest you could earn with our improved interest-rate model ? Saxo’s new calculator makes it easy. Give it a try and fund your account to make your money work harder for you.