Funds Trading Conditions

US residents

Please note that due to regulatory restrictions only Forex Spot, Forex OTC Options, Saxo Bank Managed FX Funds, Spot Gold and Silver can currently be offered to US residents.

Reuse of ETF investment collateral for other investments

We normally allow 60% of the current value of your current ETF investments to be reused for other investment activities. Saxo Bank reserves the right to reduce this amount or disallow reuse for other investments in unfavourable market conditions.

Jurisdictional Restrictions

Exchange Traded Funds (ETFs) are mutual funds, which are generally required to register for marketing and/or trading in the individual jurisdiction in which they are publicly offered. Other conditions may apply depending on the jurisdiction in which you live. Please be aware that ZFB Services Ltd. recommends that you should only invest in an ETF if it is duly registered in your local jurisdiction as indicated on this website. Your order for purchase of an ETF is deemed as your acknowledgement and confirmation hereof. ZFB Services Ltd. shall have no liability for any losses whatsoever, including but not limited to any averse tax implications, you might incur as a result of investing in an ETF not duly registered in your local jurisdiction.