A smarter way to trade crypto

Whether you’re looking to speculate on short-term price action or playing the long game, trading Crypto FX pairs with Saxo is the secure, flexible and hassle-free way to invest in cryptocurrencies like bitcoin, ethereum and many more.


Why trade Crypto FX with Saxo?

  • Hassle-free
    Manage your crypto trading on an easy-to-use platform and don’t worry about crypto wallets, cold storage or recovery seeds.
  • Flexible
    Go long or short with leverage to capitalise on rapid price movements, or invest long-term in cryptocurrencies against major currencies on mobile or desktop.
  • Secure
    Keep your focus on price movement. You don’t own or store the coins, so you don’t need to worry about crypto exchange hacks or losing access.
  • Trusted
    Trade with a licensed and ASIC regulated broker that protects your funds, on a reliable platform fine-tuned over 30 years.

Risk transparency

Cryptocurrencies have become known for their extreme fluctuations in prices. While there is potential for significant gains, please understand the risks before investing.

  • Security
    With crypto markets still largely unregulated, they can be prone to market manipulation. Hackers have also gained unauthorised access to digital wallets and crypto exchanges in the past.
  • Liquidity
    Most bitcoins are held by a small number of investors, and many platforms and exchanges trade on their own books. In a sales rush, liquidity issues could leave investors sidelined with rapidly falling prices.
  • Boom or burst
    The parabolic price increases of cryptocurrencies are largely driven by speculation rather than intrinsic value. The first crypto bubble burst spectacularly in 2018, suggesting history could repeat itself.
  • High volatility
    In 2017 bitcoin’s value soared by more than 1,000%, before losing 80% of its value in early 2018. Since the start of 2019, it has climbed more than 800% as of January 1st 2021, spurred on by large corporations’ entry into the crypto space.

    Ways to trade crypto with Saxo

    Choose a product that suits your strategy and risk appetite

    cfx  Crypto FX

    Take advantage of short-term volatility with leverage

    Wide choice of crypto crosses

    Trade bitcoin, ethereum and more against the major fiat currencies. Trading Crypto FX pairs means you don’t have to exchange between currencies when it’s time to cash out. We offer BTC and ETH against USD, EUR or JPY.

    Take advantage of rising and falling markets

    Don't limit yourself to bull markets. Go long or short and trade the market in either direction.

    Increase your buying power

    Trade Crypto FX pairs with leverage to increase your purchasing power and maximise your exposure to potential gains. Please note that leverage also amplifies potential losses as well as gains.

      Crypto ETFs and ETNs

    Take a long-term view with unleveraged exchange traded products, such as ETFs and ETNs

    The simple way to diversify your portfolio with crypto

    Invest over the long-term with crypto ETFs and ETNs. Buy and hold just like you would with stocks. We offer ETNs and ETFs on bitcoin, ethereum, ripple, tezos and others.

    A more cost-efficient way to buy and hold

    Avoid interest and roll-over fees with ETFs and ETNs, if you want to make cryptocurrencies a long-term component of your portfolio.

    Manage your risk

    Crypto markets can be notoriously volatile. ETFs and ETNs aren't traded with leverage, so you can’t lose more than you invest, even in the event of a drop in crypto prices.

    Competitive and transparent prices

    See our competitive fees upfront, so you can keep more of your returns without any surprises.

    Crypto FXClassicPlatinumVIP
    Crypto FX

    The prices above are indicative minimum spreads and will vary according to the country of residency. To see live and historical spreads please click here. A full overview of exact pricing is available through the platform trade tickets. *See live spreads in the Saxo platforms.

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    Learn more about trading crypto with Saxo

    Start trading with Saxo today

    Trade crypto on our award- winning platform

    Trade cryptocurrencies like bitcoin, ethereum and ripple on an easy-to-use platform that puts powerful tools in your hands. Track your coin’s trends with advanced analytics and put robust risk-management solutions in place.

    Frequently Asked Questions

    Saxo offers access to crypto through exchange traded products (ETPs) and a variety of Crypto FX pairs e.g. BTCUSD and ETHJPY.
    A crypto wallet is not required because you do not own the underlying coins when trading ETPs or Crypto FX pairs. This also means that there is no need for cold storage solutions or recovery seeds.
    Saxo does not allow funding or withdrawal in cryptocurrencies.
    Crypto FX pairs are available on the SaxoTraderGO and SaxoTraderPRO platforms.

    Crypto FX pairs support fractional trading which allows you to trade in fractions of a crypto.

    This provides the possibility to scale your position with greater precision and does not limit you to trading crypto in full integer amounts.

    Swipe left or right for more
    Minimum trade size
    BTC0.01 BTC
    ETH0.1 ETH
    Crypto FX pairs are not subject to a minimum commission.
    You can short crypto using Crypto FX pairs, allowing you to benefit from falling prices.

    Trading hours for FX Crypto crosses adhere to the trading hours of Crypto Futures offered on the CME exchange. 

    Trading Hours for BTCUSD, BTCEUR, BTCJPY, ETHUSD, ETHEUR, and ETHJPY are:

     Monday 17:00 – 15:55 CT (18:00-16:55 EST)  
     Tuesday17:00 – 15:55 CT (18:00-16:55 EST)  
     Wednesday 17:00 – 15:55 CT (18:00-16:55 EST)  
     Thursday17:00 – 15:55 CT (18:00-16:55 EST)  
     Friday17:00 – 15:55 CT (18:00-16:55 EST)  

    Please note that the underlying crypto market remains open on weekends and any Crypto FX exposure should be managed and adjusted before the FX trading session closes on Friday evening.

    Saxo Crypto FX Trading hours follow the CME Group holiday calendar which is available on the CME Group public website, as well as under the Holiday Overview.

    The trading profit/loss will always be settled in the second currency in the Crypto FX pair which is always the fiat currency e.g. BTCUSD will be settled in USD and converted to your account currency.

    Crypto FX positions do not settle into physical crypto. Instead, open positions held at the end of a trading day (17:00 Eastern Standard Time) are rolled forward to the next available business day.

    You can find more information on the rollover procedure along with Historic swap points here.

    You can find the full point catalogue for SaxoRewards here.

    Crypto FX pairs are leveraged instruments which allow you to open positions in greater size than you available collateral. Please note that leveraged instruments amplify both trading gains and losses. You can find the relevant margin requirements for Crypto FX pairs here.

    Saxo will apply an Exposure Limit of USD 200,000 per coin for Retail and USD 500,000 per coin for Wholesale clients on BTC & ETH pairs.

    Please see below for the margin requirements.

    Retail clients

    Swipe left or right for more
    Initial Margin / Maintenance MarginExposure limit
    BTC50%/40%USD 200,000
    ETH60%/50%USD 200,000

    Wholesale clients

    Swipe left or right for more
    Initial Margin / Maintenance MarginExposure limit
    BTC40%/30%USD 500,000
    ETH50%/40%USD 500,000

    Start trading with Saxo today

    Saxo Capital Markets (Australia) Limited
    Suite 1, Level 14, 9 Castlereagh St
    Sydney NSW 2000

    Contact Saxo

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    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) Limited 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, Product Disclosure Statement and Target Market Determination 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. 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. The Target Market Determination should assist you in determining whether any of the products or services we offer are likely to be consistent with your objectives, financial situation and needs.

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