Hi,
Is anyone else having trouble trying to get trade confirmations from Saxo to integrate into Sharesight? Saxo warned that they will not be able to integrate as they used to once the platform has changed to Totality.
I have been trying without success to follow what they suggest, but to no avail.
Any suggestions would be appreciated. I am only hanging in with them for US trades because they have MOC orders.
Regards,
Kym
Totality has been a pain for me, as the instructions for change was not clear. I am not familiar with Sharesight, however if you download the Totality Core app which is used for your funding procedures, you can lodge a ticket with them to query your problem, or their phone number to call is +61 2 8267 9116, option 1.
Hi
I have had similar issues. The integration failed before the planned cut-off date. Suggestions from Sharesight to transfer a file from Saxo/Totality do not work.
I find the various reports from Totality to be poor.
I am currently manually reconciling all my Saxo trades and dividends for the last financial year and the current financial year while I investigate other options.
Regards,
Chris
All the reports are under “Historical Reports” when you log into Saxo (which comes up as Totality}. Click on the one you need, enter dates - "custom’, print to PDF and that should be sufficient for any accountant or auditor. I have found all platforms have the necessary tools for statutory recording.
I’m only new to US trading - I have used SelfWealth for AUS trades for a couple of years. I’m not liking the Saxo/Totality platform at all. They don’t send notifications of when trades are executed, don’t send contract notes via email, and their platform is hard to read on a mobile device (which is where I do most of my trading). It has made me appreciate the SelfWealth app for AUS trades much more. And the fees are higher than I expected/recalled during the sign up phase. Does anyone use any other platform/app for US trades (that has MOC functionality?)
Thank you, Sally
Hi Sally,
I’ve used Interactive Brokers for many years for my USD portfolio. It has cheaper brokerage than both the two you mentioned and has MOC trades.
They were a few oddities with IB initially, because of some unusual standard US exchange rules, when Aust accounts were managed from IB’s Hong Kong office but since the Aust office was set up some years ago, everything has proceeded fairly smoothly.
Regards
Don
Hi Sally,
I use Schwab in the US. You fund it by having US dollars sent to your schwab a/c on set up and only have to pay conversion once to send and once to retrieve. There are banks here that will do the conversions or other services like Worldfirst that are cheaper on exchange than banks or brokers like Stake. Schwab is full service broker and does not charge a fee to buy or sell shares or etf’s
I dont use MOC but they do have that facility. They also pay interest on cash held in your account. Reports and contracts are easy to generate.