Saxo Singapore Discontinues SaxoWealthCare and SaxoSelect

Saxo Singapore has just announced the discontinuation of two of its wealth management products, SaxoWealthCare and SaxoSelect. Clients utilizing these services should cancel their positions and withdraw or transfer their cash before December 9, 2024. Following this date, both goods will become unavailable on December 10, 2024.

To ensure a smooth transition for clients, Saxo Singapore has communicated the change through various channels, including email, SMS, and in-app messages. The company has also extended alternative investment options for clients who wish to continue investing, including options both within Saxos platform and externally.

Saxo Singapore took this strategic decision to redirect its resources, as it assesses its product offerings on a regular basis. The business is dedicated to assisting customers throughout this transition and providing them with the tools and information they need to manage their assets efficiently.

About Saxo

Saxo is a worldwide pioneer in online trading and investing services, providing a complete platform for customers to trade numerous asset classes. Saxo aims to provide a dependable and enhanced trading experience via innovation and customer service.