Point catalogue

The number of points you will earn will depend on the product(s) you trade, and the size of your trade(s). Certain products will earn you more points than others, and the more you trade – in value or lots, for example - the more points you will earn.

The table below shows how many points you will earn for specific trading volumes in different products. Please note that points are not awarded in these exact multiples; you can earn 4 points or 1,234 points, for example, from different trades.

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FX spot tradeEUR 10,00030
FX option tradeEUR 10,00040
CFD index tradeEUR 10,00020
CFD equity tradeEUR 10,000180
CFD all tradeEUR 10,00030
CFD exp. tradeEUR 10,00020
Stock tradeEUR 10,000160
Stock option trade150
Non-stock option trade1110
Contract future trade1110
Contract options trade1110
Bonds investmentEUR 10,000320

*EUR or equivalent value in trading currencies.

Frequently asked questions

You don’t need to do anything. As you’re already a Saxo client, you’ll automatically join our loyalty program, for no extra charge.

The number of points you will earn will depend on the product(s) you trade, and the size of your trade(s). Certain products will earn you more points than others, and the more you trade - in value or lots, for example – the more points you will earn.

When Saxo Rewards launched on 19 May 2020, existing clients remained in the same tier they were in immediately prior to the launch. If you're a new client, your initial deposit will determine your account tier. Initial funding of AUD 3,000 will secure entry to the Classic tier, AUD 300,000 to the Platinum tier, and AUD 1,500,000 to the VIP tier. The upgrade will be effective two working days after the balance in your Saxo account reaches the qualifying level (e.g. AUD 1,500,000 to attain VIP status).

To qualify for an upgrade, you’ll need to earn a specific number of reward points, defined by the tier you want to join. We base qualification to a tier on the number of points you’ve earned this month, and in the three previous months. 

For example, any points earned in January will not be included in the points total from 1 May.

When you qualify for an account tier, you’ll receive a rolling 12-month membership. That means if you continue to meet the rolling points criteria of your tier, your 12-month membership will roll over as well. If you ever drop below the qualifying points criteria, you’ll have a 12-month grace period before we’ll move you to a lower tier, giving you time to build up your reward points again.

After your account has been open for 30 days, you’ll receive points for the total average assets under management (AuM) of your account. This refers to the total value on your account, including any cash deposits and open positions.

Your reward points are calculated based on the monthly average AuM, and you’ll receive your points two trading days before the end of each month.

An average AuM of AUD 15,000, for example, would earn you 250 Reward points every month.

Please note that we will not include AuM in our calculations during the first 30 days of your account being open. Rather, during this period we will factor in net funding into the account, as outlined above.

If you don’t meet the points criteria of your tier, we won’t move you to a lower tier immediately. Instead, you’ll enter a 12-month grace period. This means you can continue to enjoy all the benefits of your current account tier for at least another 12 months.

This should give you time to collect enough reward points to qualify for your current tier again. If you do, your rolling 12-month membership will start anew. We will only consider moving you to a lower tier if you’re unable to meet the points criteria of your tier at any time during the grace period.

Points are credited to accounts automatically on a daily basis, so please allow 24 hours for points you have earnt to be reflected in your account.
  1. Your Saxo Rewards tier is strictly personal to your own client account and is non-transferable. * Abuse of the Saxo Rewards program inconsistent with the purpose and intention of the program (such as gaming with and/or exploiting any unintended technical limitation) may lead to:
    1. The clawback of any Saxo Rewards points credited to you that may be deemed ineligible; and/or
    2. You being disqualified from the Saxo Rewards program and your benefits being withdrawn from you.
  2. Saxo reserves the discretion to determine what behaviour or activity constitutes misuse of the Saxo Rewards program, and may require you to indemnify it for any losses and/or damage arising from such misuse.
  3. Saxo reserves the right to modify the Saxo Rewards program, including these terms, at any time. This includes (but is not limited to) changes such as:
      1. Tier qualification requirements and/or conditions;
      2. The type of benefits accruing to the various tiers (as applicable);
      3. Validity duration of Saxo Rewards points; and
      4. Special features, offers and/or promotions (as applicable) that may be available to various tiers.
  4. You accept that you are responsible for keeping yourself updated on any changes that Saxo may implement to the Saxo Rewards program from time to time.

* Saxo Rewards is applicable only to direct private client (including individual or corporate accounts). The program is not eligible for any institutional accounts, including Trust and SMSF accounts.

Saxo Rewards

Saxo Rewards

Trade more, pay less and receive better service with our new loyalty program.

The Saxo trading platform has received numerous awards and recognition. For details of these awards and information on awards visit www.home.saxo/en-au/about-us/awards

Saxo Capital Markets (Australia) Pty Ltd ABN 32 110 128 286 AFSL 280372 (‘Saxo’ or ‘Saxo Capital Markets’) is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms, Financial Services Guide and Product Disclosure Statement to consider whether acquiring or continuing to hold financial products is suitable for you, prior to opening an account and investing in a financial product.

Trading in financial instruments carries various risks, and is not suitable for all investors. Please seek expert advice, and always ensure that you fully understand these risks before trading. Trading in leveraged products such as CFDs and Margin FX products may result in your losses surpassing your initial deposits. Saxo Capital Markets does not provide ‘personal’ financial product advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Capital Markets does not take into account an individual’s needs, objectives or financial situation.

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