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Saxo Bank continues to be the preferred provider of online Forex trading for thousands of investors worldwide.

This is a result of aggressive pricing, superior liquidity, outstanding reliability, and last, but not least, a range of more than 160 different Forex crosses.

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Saxo Bank offers traders and investors a balanced and up-to-the-minute view on the markets. Each day our articles deliver comprehensive news, commentary and analysis on current market action aimed at helping clients make trading decisions, regardless of what they trade.

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Saxo Bank Institutional is dedicated to serving the needs of Banks, Brokers, Asset Managers, Money Managers, Hedge Funds, Funds, Introducing Brokers and Broker Dealers for instant access to global financial markets.

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Since 1992, Saxo Bank has been a facilitator in the global capital markets aggregating liquidity, offering access to exchanges around the world and providing its powerful suite of products and platforms to private clients, institutions, banks and brokerages.

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Welcome to Saxo Bank support area. Here you can find answers to frequently asked questions about our trading products, platforms and accounts, find contact details, and see our general business terms. Choose a topic from the left and let us help you.

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Commissions, fees & subscriptions

Monthly volume-based commissions

Online Contract Options are traded on these monthly volume-based commissions;

Contract Currency​ Trade Volume: Contracts / Month​​
1 - 250​ 251 - 1,000​ ​1,000 - 5,000
AUD​ 10.00​ ​5.00 ​2.50
EUR​ ​6.00 ​3.00 ​1.50
GBP​ ​5.00 ​2.50 ​1.25
SGD​ ​15.00 ​7.50 ​3.75
USD​ ​6.00 ​3.00 ​1.50
CHF​ ​8.00 ​4.00 ​2.00
JPY​ ​1,000.00 ​800.00 ​750.00
​NOK ​65.00 ​35.00 ​20.00
SEK​ ​75.00 ​40.00 ​20.00
CAD​ ​6.00 ​3.00 ​1.50
HKD​ ​45.00 ​30.00 ​20.00

If you trade more than 5,000 contracts per month please contact us for pricing.

If no agreement exists to the contrary, you will be charged the highest price category in the table. Contact Saxo Bank to apply for another price category if applicable based on previous trading volumes.

Moves to different price categories take place at the discretion of Saxo Bank and always take effect from the beginning of the following month without any adjustment in commissions already paid.

No Minimum Ticket Fees

When trading Contract Options at Saxo Bank, there are no minimum ticket fees. Each trade is subject to a flat-rate fee based on the applicable volume bracket.

No Overnight Carry Cost

When trading Contract Options at Saxo Bank, there are no carrying costs involved, that is positions held overnight will not attract either rolling or interest charges.

No Custody Fees

When trading Contract Options at Saxo Bank, there are no custody fees involved.

No Trading platform fees

Saxo Bank does not pass any costs for using Saxo Bank trading software to clients. Trading on SaxoTrader, SaxoWebTrader and SaxoMobileTrader is free of charge.

Live data prices

Complimentary to existing live data subscriptions on Futures Exchanges, Saxo Bank offers streaming Contract Options prices on the same exchanges free of charge.

This also means that you are provided with direct market access to trade Options on various underlying assets on live streaming prices without dealer intervention.
Updated 26th April, 2012
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