Account Login
Forgot your password?
Login
All communication with our back-end systems are done encrypted, via HTTPS. By logging in I agree to the Terms of Use and the disclaimer
Select region / language

Choose a website

...or find your local office

Go to world map
Chat
General Terms
Trading Prices

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.

See all Forex Prices 
News
Education
Market Insight
FX Tools

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.

Read more 

Visit the institutional website for Saxo Bank

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.

Read more 

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.

Read  more


See our awards 

Legal
FAQ
Contact
Download

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.

Accounts

Live Account

Open a live account and start trading today. Minimum funding USD 5,000.

Open a  Live Account

Demo Account

Free 20-day trial of our award-winning multi-asset trading platform.

Open a  Demo Account

Prices

 

 

FX Spot Trading Spreads

Competitive spreads

FX Spot spreads stay fixed under normal market conditions. For EURUSD the spreads stay fixed more than 99% of the time.  

See all  Live and historic spreads

 

FX Spot Spreads and Leverage

Click on the button below to see the full list of trading spreads and margin requirements on all 169+ FX crosses.

See all  Forex spreads


The margin rates for the first EUR 300,000 of your investment collateral is 50% of the normal margin rates shown in the table.

Ticket fee on small trades

For Forex trades below the 'Ticket Fee Threshold' listed above, a small ticket fee of USD 10 is added to the trade to cover administration costs.

Updated 14 August 2012

 

 

Tom/Next Rollover

Tom/Next credit or debit

Rolling over a position to a new Value Date results in an adjustment to the opening price (up or down). The rollover debit or credit is the sum of "Swap Points" interest on any unrealised profits or losses.

Swap Points

The Swap Points used are based on a Tom/Next swap feed from a Tier-1 bank with a mark-up corresponding to +/- 0.35% of daily market overnight interest rates, plus the interest component described under 'Interest on unrealised Profit and Loss' below.

The accumulated swap points and interest component are added or deducted to the previous opening price of the position.

To provide full transparency to clients Saxo Bank publishes once a day the swap points used for the tom/next rollover. See 'Historic Swap points' below.

Interest on unrealised Profit and Loss

Any unrealised profits or losses on the Forex spot position being rolled from one day to the next are subject to an interest credit or debit. These are added to the swap points to calculate the rollover credit or debit.

The unrealised profits or losses are calculated as the difference between the original traded rate (possibly adjusted for previous Tom/Next rollovers) and the end of day rate of the traded currency cross at 17:00 Eastern Standard Time (New York time).

For currencies subject to special market conditions the rate of the traded currency cross at 08:15 CET will be applied

Historic Swap Points

View  Historic Swap Points

Updated 1 August 2012
Free Demo