CFD Spreads And Commissions

CFD Prices – Essential Account

Saxo offers industry-leading tight spreads and low commissions on our Saxo Essential limited risk account. See a full pricing overview for Saxo Essential here.

Note: Saxo Essential has a margin utilization cap of EUR 20,000 and gives you access to a limited range of 20 FX pairs, 10 index CFDs and our full range of Stocks and Bonds.

Exchange nameSymbolCommission StandardCommission Active*

North America & Canada

NASDAQNASDAQ & NSC0.01 USD/share
(min 9.90 USD)
from 7 USD (1)
New York Stock ExchangeNYSE & ARCA0.01 USD/share
(min 9.90 USD)
from 7 USD(1)
NYSE MKTAMEX0.01 USD/share
(min 9.90 USD)
from 7 USD(1)
Toronto Stock ExchangeTSE0.03 CAD/share
(Min 25 CAD)
0.0225 CAD /share
(min 15 CAD)


Europe / Middle East / Africa

Athens ExchangeAT0.30%
(min 12 EUR)
0.1175% (+0.1325%)
(min 10 EUR)
BME Spanish ExchangesSIBE0.10%
(min 12 EUR)
from 9 EUR(3)
Budapest Stock ExchangeBUX0.50%
(min 6,000 HUF)
0.30%
(min 5,000 HUF)
Deutsche Börse (XETRA)FSE0.10%
(min 12 EUR)
from 9 EUR(4)
Irish Stock ExchangeISE0.10%
(min 6 EUR)
0.06%
(min 9 EUR)
Johannesburg Stock ExchangeJSE0.25%
(min 100 ZAR)
0.15%
(min 80 ZAR)
London Stock ExchangeLSE_SETS0.10%
(min 8 GBP)
from 8 GBP(5)
London Stock Exchange (IOB)LSE_INTL0.10%
(min 20 USD)
0.05%
(min 10 USD)
Milan Stock ExchangeMIL0.19%
(min 15 EUR)
from 9 EUR
(+0.07%)(4)
NASDAQ OMX CopenhagenCSE0.10%
(min 65 DKK)
0.05%
(min 50 DKK)
NASDAQ OMX HelsinkiHSE0.10%
(min 10 EUR)
0.05%
(min 7 EUR)
NASDAQ OMX StockholmSSE0.10%
(min 65 SEK)
0.05%
(min 55 SEK)
NYSE Euronext Amsterdam (AEX)AMS0.10%
(min 12 EUR)
from 9 EUR(3)
NYSE Euronext BrusselsBRU0.10%
(min 12 EUR)
0.05%
(min 8 EUR)
NYSE Euronext LisbonLISB0.10%
(min 12 EUR)
0.05%
(min 8 EUR)
NYSE Euronext ParisPAR0.10%
(min 12 EUR)
from 9 EUR(3)
Oslo Stock ExchangeOSE0.10%
(min 65 NOK)
0.07%
(min 55 NOK)
Prague Stock ExchangePRA0.25%
(min 500 CZK)
0.22%
(min 400 CZK)
SIX Swiss ExchangeSWX & VX0.10%
(min 18 CHF)
from 11 CHF(6)
Vienna Stock ExchangeVIE0.10%
(min 12 EUR)
0.09%
(min 12 EUR)
Warsaw Stock ExchangeWSE0.25%
(min 65 PLN)
0.22%
(min 60 PLN)


Asia / Pacific

Australian Securities ExchangeASX0.10%
(min 8 AUD)
0.05%
(min 5 AUD)
Hong Kong ExchangesHKEX0.25%
(min 90 HKD)
0.21%
(min 80 HKD)
Singapore ExchangeSGX-ST0.20%
(min 17 SGD)
0.18%
(min 15 SGD)
Tokyo Stock ExchangeTYO0.15%
(min 1,000 JPY)
0.08%
(min 600 JPY)

*) For active pricing see section in the bottom of this page.

(1) NASDAQ, NYSE & NYSE ARCA: The flat fee applies up to a trade size of 1,000 shares. Above the threshold the commission is 0.007 USD/share.
(3) BME, NYSE Euronext Amsterdam**) and Paris: The flat fee apply up to a trade size of EUR 20,000, above the threshold the commission is 0.05%.
(4) Deutsche Börse (XETRA) and Milan Stock Exchange: The flat fee apply up to a trade size of EUR 30,000, above the threshold the commission is 0.05%.
(5) London Stock Exchange: The flat fee apply up to a trade size of GBP 30,000, above the threshold the commission is 0.05%.
(6) SIX Swiss Exchange: The flat fee apply up to a trade size of CHF 30,000, above the threshold the commission is 0.05%.

Commodity CFDs are over-the-counter products with a price established by Saxo Capital Markets as the Futures market spread plus a fixed mark-up. The mark-up can be seen below under Contract Details and is always available in the Trading Conditions in the trading platforms.

Contract details



Instrument NameSymbolSpread Minimum StandardMin. trade sizeTrading hours(1)Expiry date

METALS

GoldGOLD0.60118:01-17:00FND -2
SilverSILVER3.52518:01-17:00FND -2
PlatinumPLATINUM1.70118:01-17:00FND -2
PalladiumPALLADIUM1.75118:02-17:00FND -2
US CopperCOPPERUS0.5550018:01-17:00FND -2


ENERGY

US CrudeOILUS0.052518:01-17:00LTD -2
UK CrudeOILUK0.052501:01-22:15(2)LTD -2
Heating OilHEATINGOIL0.3550018:01-17:00LTD -2
Gasoline USGASOLINEUS0.2550018:01-17:00LTD -2
Gas OilGASOILUK1.25100:00-21:15LTD -2
US Natural GasNATGASUS0.01720018:01-17:00LTD -2
CO2 EmissionsEMISSIONS0.072507:01-17:00LTD -2


AGRICULTURE

CornCORN1.2520019:01 – 13:20FND -2
WheatWHEAT2.2520019:01 – 13:20FND -2
SoybeansSOYBEANS1.7520019:01 – 13:20FND -2


SOFTS

NY Sugar No. 11SUGARNY0.055,00004:30-13:00LTD -2
NY CoffeeCOFFEENY0.451,00005:15-13:30FND -2
NY CocoaCOCOANY9.0105:45-13:30FND -2


MEATS

Live CattleLIVECATTLE0.1752,00008:31-13:05LTD -2
FND= First Notice
LTD= Last trading

(1) Trading hours are stated in the local hours of the underlying exchange.
(2) Trading hours Fridays are 01:01 to 22:00.

Forex CFDs are over-the-counter products with a price established by Saxo Capital Markets as the Futures market spread plus a fixed mark-up. The mark-up can be seen below under Contract Details and is always available in the Trading Conditions in the trading platforms.

Contract details


Instrument NameSymbolSpread Mark up StandardSpread Mark up Active(1)Min. trade sizeTrading hours(2)ExpiryExpiry Time
Euro/US DollarEURUSDEC0.00020.000185,00017:00-16:00FND-310:00 CST
Euro/Japanese YenEURJPYRY0.030.025,00017:00-16:00FND-310:00 CST
Euro/Swiss FrancEURCHFRF0.00030.00025,00017:00-16:00FND-310:00 CST
Euro/British PoundEURGBPRP0.00030.00025,00017:00-16:00FND-310:00 CST
British Pound/US DollarGBPUSDBP0.00030.000255,00017:00-16:00FND-310:00 CST
Australian Dollar/US DollarAUDUSDAD0.00030.00025,00017:00-16:00FND-310:00 CST
USD IndexUSDINDEX0.010.00810020:00-17:00LTD-211:00 EST
FND= First Notice; LTD = Last trading

(1) For active pricing see section in the bottom of this page.
(2) Trading hours are stated in the local hours of the underlying exchange.

Bond CFDs are over-the-counter products with a price established by Saxo Capital Markets as the Futures market spread plus a fixed mark-up. The mark-up can be seen below under Contract Details and is always available in the Trading Conditions in the trading platforms.

Contract details


Instrument NameSymbolSpread Minimum StandardMin. trade sizeTrading hours
German Government 10 year BundBUND0.0350 CFDs08:01-21:55
German Government 5 year BoblBOBL0.0350 CFDs08:01-21:55
German Government 2 year SchatzSCHATZ0.01550 CFDs08:01-21:55
Italian Government 10 year BTP10YBTP0.0550 CFDs08:01-18:55
French Government 10 year OAT10YOAT0.0550 CFDs08:01-18:55

If you are an Active Trader within equity and equity-related products, Saxo Capital Markets offers you some of the lowest rates in the market.
In order to qualify for Equity Active Trader rates you need to place at least 100 trades per calendar month, within any of the following instruments;

  • Stocks
  • ETFs/ETC
  • Single Stock CFDs

Please note the following:

  • The Active pricing may vary from the prices shown above depending on your country of residence. If the required monthly activity is not fulfilled, standard rates will apply the following month.
  • You can familiarise yourself with the relevant terms of our Active Equity pricing in the FAQ section.