CFD DMA conditions

Immediate changes to short-selling in CFDs

Due to market conditions, a number of financial authorities are announcing rule changes that affect short-selling of physical Stocks. These rule changes are put in place to protect the integrity and quality of the securities market and strengthen investor confidence. As a consequence, the changes will affect the short-selling of related CFDs. Read about the latest announcementsabout restrictions in short-selling. Saxo Bank recommends that clients check this website on a frequent basis for further announcements.

SEC Section 31 Fees for US CFD DMA and Shares

Reduced CFD margin requirement on the first EUR 300,000 of collateral

When trading Category 1 and 2 CFDs with Saxo Bank, margin requirements are halved on the first EUR 300,000 (or equivalent) collateral. This includes index-tracking CFDs. Tier 1 CFDs will therefore require a margin of 2% and Tier 2 CFDs will require a margin of 4% on the first EUR 300,000 of collateral. Normal margin rates will apply to all investment collateral over EUR 300,000 (or equivalent) and to CFDs rated as category 3 or higher. For a full list of applicable CFDs, refer to Category 1 and 2 CFDs on the CFD Trading Conditions page in the trading platform or on the website.

NOTE THAT WITH REDUCED CFD MARGIN REQUIREMENTS, CLIENTS HAVE AN INCREASED EXPOSURE TO RISK.

* Continuous trading including a break between GMT 04:30 - 06:30.

** South African Stocks and Single Stock CFDs are not available to residents of South Africa due to regulatory issues.

The commission and margin rates referred to above may vary from time to time especially for very active or inactive customers. Saxo Bank reserves the right to amend the commission rates, brokerage fees, margin rates and interest rates referred to according to the terms of the trading agreement entered into between Saxo Bank and the Client.