Tight spreads. 
Limited risk.

More control with Saxo Essential

Industry-leading spreads and commissions

Limited risk on FX and CFDs

Open Account

More control with Saxo Essential

Industry-leading spreads and commissions

Limited risk on FX and CFDs

Open Account

Industry-leading spreads and commissions  

Reducing your costs has a direct impact on your returns. Compare minimum spreads and commissions from different brokers below.

 Saxo EssentialIGCMC
City IndexCommSec
FX - EUR/USD0.1*
FX - AUD/USD0.1*
CFD - AU2001111X
CFD - US301.
Shares AUAUD 6.99AUD 8.00AUD 11.00XAUD 29.95
Shares USUSD 9.90USD 10.00XXAUD 19.95

* Post trade commission applied. Cost calculated as 0.1 + 25 USD/m
Source: Comparable pricing available on websites of respective brokers (at Jan. 11th 2018)

See complete pricing table (PDF)

Limit your risk

Unlike most CFD and margin FX accounts, your losses cannot exceed the funds on your Essential account. Unique to the Saxo Essential account, we will refund losses incurred as a result of margin trading, which exceed the cash balance on your account. (This applies to margin trades only. Stocks and Bonds positions are not impacted) 

Open Account

Optimised for your trading needs

Our Essential account is perfect for trading small or medium-sized volumes on ultra-competitive prices. Minimum funding is only AUD 1,000 with up to EUR 20,000 of available margin for trading FX and CFDs.

Click here for the additional terms on Essential account.

Industry-leading prices

Trade on ultra-tight spreads and low commissions, with EUR/USD from 0.1 pips and AU200 at 1 pt.

Award-winning platform

Access an advanced trading platform, live charting and account overview, on your phone, laptop, desktop or tablet.

Most popular products

Trade 20 FX pairs, 10 Index CFDs, and our full range of 19,000+ Stocks and 7,000+ Bonds.

Digital support

Receive 24/5 digital support via our chat function, help portal and Saxo Academy.

Consider our Classic or Platinum accounts if you are trading larger volumes, require more margin, or want access to our full range of products and services.


Opening an account is easy

Apply for an Essential account in under 5 minutes.
Fund your account easily and securely through your preferred funding method.
Trade FX, CFDs, Stocks and Bonds on industry-leading low prices.

Awards and Recognitions

Saxo has been consistently winning the industry’s highest accolades for financial technology, products and services

See all Awards