​Forex

It is little wonder that no other online Forex trading provider has won as many industry awards for its online FX offering as Saxo Bank has. We offer you extensive flexibility trading Forex spot online. With us you can:
  • Leverage your FX spot positions up to 50:1
  • Trade on live, streaming, executable prices: "what you see is what you get".
  • Access the broadest range of currency pairs traded as Spot, Forward Outrights, OTC Options (Vanilla and Touch), including precious metals.
  • Benefit from trading on transparent pricing with fixed Bid/Ask spreads under normal market conditions.

 Sample of Retail Spreads

Cross Spread in Pips Cross Spread in Pips
EURUSD 2 EURJPY 3.5
GBPUSD 3 GBPJPY 7
AUDUSD 3 USDCAD 4
EURCHF 3 USDCHF 3
EURGBP 3 USDJPY 2
XAUUSD 45 XAGUSD 400

Saxo Bank provides access to a broad range of FX spot precious metals.

Gold and Silver can be traded against EUR, GBP, USD, AUD, HKD and against each other (XAUXAG). In addition, Gold can be traded against RUB. Platinum and Palladium can be traded against the USD.

Additional features include:

  • 24 hour trading with short break from 17:15 to 18:00 Eastern Standard Time (New York time)
  • Tailored liquidity with live streaming prices from 1 to 2,000 oz. and RFQs above this amount
  • Trade Gold against Silver with just one position (XAUXAG)
  • Margin requirements for Platinum and Palladium are 4%

Product Risk

Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red.

Forex is categorised as a red product as it is considered an investment product with a high complexity and a high risk. See also the 'Product Risk Categorisation' located under our General Business Terms.

General Business Terms