Ultra-competitive FX spreads
Trade major Forex pairs from 0.4 pips. Competitive entry prices and even lower rates for active traders.
Trade forex on an award-winning platform
Access 182 Forex spot pairs and 140 forwards across majors, minors and exotics, plus spot metals, from only 0.4 pips
Why trade Forex with Saxo Markets
Tight, all-inclusive FX spreads
We offer three levels of pricing depending on your account tier.
| INSTRUMENTS |  |  |  |  |
|---|---|---|---|---|
| AUD USD | 0.5 | 0.6 | 0.7 | 1.5 |
| EUR USD | 0.6 | 0.6 | 0.7 | 1.4 |
| USD JPY | 0.6 | 0.7 | 0.7 | 1.5 |
| GBP USD | 0.7 | 0.9 | 0.9 | 1.7 |
| EUR JPY | 0.7 | 1.5 | 1.5 | 1.8 |
| XAU USD | 0.1 | 0.3 | 0.3 | 24.6 |
Receive lower prices as you trade more with our Platinum and VIP account tiers. Learn more
More information
Our margin rates start at 2% for major FX pairs including EURUSD, USDJPY, USDCAD, EURJPY and more.
See a full list of our FX margin rates for retail clients.
Read more about FX margins for retail clients here.
You can find more information about the FX value date rollover, rollover procedure and historic swap points here
Both our SaxoTraderGO and SaxoTraderPRO platforms offer you a fast and intuitive forex trading experience.
However, if you’d like some help getting started, we’ve put together a short guide on how to trade forex on SaxoTraderGO, which highlights the key features you’ll need.
Derive the value of potential price improvements on every trade. Assume greater control of your trading, and achieve an optimal balance between fill ratio and price level through our customised orders.
Saxo offer a variety of orders, including Market, Limit and Stop orders. To learn more please see Orders and Execution Statistics.
To learn more about how Saxo executes orders on behalf of its clients, please refer to our Order Execution Policy.
Whether you’re new to trading or looking to refine your knowledge, we have a range of educational videos and online courses that will suit your needs.
In addition, our experts run a series of webinars to help you broaden your understanding of forex trading and seize market opportunities.
Our expert strategists regularly post news, analysis and commentary to help you stay one step ahead of developments in the market.
You can access their posts in the Insights section of our website, or directly through our trading platform.
Whereas the FX spot market is for immediate currency trades, the FX forward market is the market for trading currencies for delivery at some point in the future. FX forward outrights enable you to agree a price today (the FX forward price) at which two currencies will be exchanged on a predetermined date in the future. FX swaps likewise enable you to agree a price today at which two transactions will be executed. An FX swap is a simultaneous purchase and sale, or vice versa, of one currency for another currency with two different value dates; two parties agree upon a currency exchange on one day and simultaneously agree to unwind or reverse that transaction on a specified date in the future.
At Saxo, we provide full electronic access to trade Forex forward outrights and Forex swaps in 100+ currency pairs with maturities from 1 day to 12 months.
To understand the FX forward outright trading conditions please click here.
For more information on FX swaps please click here
Find more information about our general charges here.
You can review our trading conditions for Forex here.