Powered by the leading global platform for online trading and investing, Saxo Markets, the new service offers access to 50 international markets in 46 countries and a comprehensive range of asset classes. Clients will enjoy competitive institutional rates, with trading fees as low as 0.01%, custody fees at just 0.06%, no account minimums and no other platform fees.
The platform has three levels of sophistication – from a simple and user-friendly interface, to a platform designed for professional traders. Sign-up is simple and brings real-time reporting, giving clients control and confidence in managing their investments.
Weatherbys will offer personalised support for clients wishing to use the service, while Saxo Markets will handle trade execution and platform queries in a secure, FCA-regulated environment.
The launch follows Weatherbys’ recent expansion of its advisory service to include access to gilts, either through ongoing advice or one-off consultations.
Weatherbys Head of Private Clients, Oliver Barnett, said: “We offer clients outstanding, core investment and wealth advice, often built with low-cost portfolios of index tracking funds, but at the periphery many would like the opportunity to manage some money themselves and to trade directly. This new service, delivered in partnership with the world’s leading online trading and investing platform, Saxo, makes that possible.”
Andrew Bresler, CEO at Saxo Markets UK, commented: “Saxo’s technology has become the backbone of this growing segment in the industry, and we are proud to act as a tier-one partner for Weatherbys Private Bank. Partnering with Saxo brings over 30 years of technology innovation, fintech agility and unrivalled capital market access to Weatherbys clients. This enables Weatherbys to focus on what it does best, serving and advising their clients, while offering a unique value proposition at scale.”
Saxo Markets specialises in trade execution and securities, commodities and fund custody with over 1.4 million clients and €118 billion of assets on the platform. It provides broad access to global capital markets across asset classes, enabling clients to trade more than 40,000 instruments in over 20 languages from a single margin account.
What you need to know
Investing carries risk. The value of investments can go up and down in value and you may not get back the amount you originally invested.
You will be responsible for ensuring that any trades you place align with your financial situation and risk tolerance.
If you are unsure which investments to place, you should seek professional advice. Weatherbys is unable to offer advice on any trades placed on the Saxo Markets platform