Margin rate changes

Updated margin rates and collateral requirements as of 16 August 2017, 08:00 GMT

FXNew minimum tier margin
rate up to 3 million USD*
New flat margin rate
USD2%4%
EUR2%4%
JPY2%5%
XAU4%Current rate remains 
XAG8%Current rate remains 
AUD2%5%
CAD2%5%
CHF4%5%
NOK4%5%
NZD4%5%
SEK4%5%
HUF4%5%
SGD4%5%
DKK4%5%
PLN4%5%
CZKCurrent rate remains5%
KRW30%30%

*For rates above 3 million USD, please contact your account manager.


CFDNew minimum margin rateIntraday margining
All Index CFDs6%Disabled

Stocks & ETFsNew minimum margin rateCollateral
Korean Stocks40%None provided on physical shares
Inverse VIX ETFs40%None provided on physical ETFs


Futures & Listed OptionsMinimum margin rate
FX5%
Equity Index6%

Local default rate which may be higher will remain unchanged.

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Risk Warning

Trading in the products and services of the Saxo Bank Group may, even if made in accordance with a Recommendation, result in losses as well as profits. In particular trading in leveraged products, such as but not limited to, foreign exchange, derivatives and commodities can be very speculative and losses and profits may fluctuate both violently and rapidly. Speculative trading is not suitable for all investors. Any mentioning, if any, in a Publication of the risks pertaining to a particular product or service may not and should neither be construed as a comprehensive disclosure nor full description of all risks pertaining to such product or service and the Saxo Bank Group strongly encourages any recipient considering trading in its products and services to employ and continuously consult suitable financial advisors prior to the conclusion of any investment or transaction.