Rates & Conditions

Spot Commodity Trading

Spot Gold and Silver are the first in a new range of spot tradable commodities that are ideal for both long and short-term speculative investing.

  • Trade Gold spot versus US dollar, euro, Japanese yen, Australian dollar and Hong Kong dollar
  • Trade Silver spot versus US dollar, euro, Japanese yen, Australian dollar and Hong Kong dollar
  • Spot Gold and Silver are available for live trading 24-hours a day.

Aggressive Leveraging

Leverage small price movements in these market commodities by up to 50 times with our low margin requirements. With our low margin requirements, you need deposit just 2% of the trade value in collateral.

Trading Spot Gold and Silver

Spot Gold and Silver are traded through the Forex Trade Module in our SaxoTrader trading platform.

Spot Commodities allow you to short sell as easily as taking a long position and can also be traded by Market, Limit and Stop orders.

Spot Gold and Spot Silver trading conditions are the same as the FX Trading Conditions.

The target spreads listed are our best possible spreads used in normal market conditions. Under certain market conditions - such as over the release of key economic figures, during periods of volatile market conditions, and during the sometime illiquid European night time spreads may be wider and auto execution limits may be lowered or disabled.

Margin Requirements

Forex is traded on margin enabling you to leverage a small margin deposit for a much greater market effect where:

  • First EUR 50K Margin rates apply to the first EUR 50,000 (or equivalent) of your investment collateral
  • Normal margin rates apply to all investment collateral over EUR 50,000 (or equivalent)

Ticket Fee Threshold

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

Open an account

Open an account today and start trading a full range of asset classes across the global markets.

How to open an account

Contact Saxo Bank

If you would like to speak with Saxo Bank about opening an account or if you have experienced any difficulties becoming a client, please contact us.
Phone: + 45 3977 4007
Fax: + 45 3977 4700

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