Trade tailormade forex options from anywhere1
Access 44 FX vanilla options with maturities from one day to 12 months and flexible strikes. Trade with any of our platforms, also from your mobile phone.
All trading carries risk. Products traded on margin carry a high risk of rapid loss and losses can exceed deposits on some products. Ensure you understand the risks.
Trading flexibility
Forex options provide more alternatives to manage risk, express an opinion on the underlying spot price, or take a view on future volatility.
Comprehensive reporting
Professional risk management reports with live updates allow you to manage your positions and plan your strategies. Similar to the reports used by professional traders in banks and large corporates.
24/5 expert service
Professional support whenever markets are open, including technical assistance, market analysis and access to personal sales traders.
Tight, all-inclusive spreads
We offer three levels of pricing depending on your initial funding and trading volume. See our live 30 day at-the-money spreads here.
| 30 day at-the-money spreads* | Classic | Platinum | VIP |
|---|---|---|---|
 EUR USD | 5.0 | 4.0 | 3.0 |
| USD JPY | 7.0 | 6.0 | 5.0 |
| GBP USD | 10.0 | 9.0 | 7.0 |
| AUD USD | 5.0 | 4.0 | 3.0 |
| EUR JPY | 10.0 | 9.0 | 8.0 |
| XAU USD | 150.0 | 130.0 | 125.0 |
More trading flexibility
Wide range of maturities
With maturities from one day to 12 months, traders can choose the expiration and strike price that best suits their strategy and market view.
Better risk management
In addition to traditional stop-loss orders, FX options offer more alternatives to controlling risk. They can be used to hedge current FX positions, or express a view on future volatility.
Client-centric approach
We fully disclose our dealing practices and our commitment to transparency shows that our interests are fully aligned with yours.
Award-winning trading platforms
Award-winning trading platforms
The best retail forex platform1
The award-winning, multi-device SaxoTraderGO partners seamlessly with SaxoTraderPRO, our professional-grade platform for advanced traders.
Robust option chain functionality
Easily create and personalise option chains and build links to quickly switch between instruments.
High-quality analytics
Our professional-grade suite of real time reports provide detailed analysis of FX spot and options positions, across multiple pairs.
24/5 expert service
In-house analysts
News and commentary on all major asset classes from our global team of market analysts – The #SaxoStrats.
Integrated digital support
Self-service support centre, email helpdesk, and suggested news and educational content based on your trading history
24-hour customer service for VIP clients
Support with technical matters and account queries available whenever markets are open.
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FAQs
You can see our trading conditions for FX Options here.
We have compiled a comprehensive product guide about FX vanilla options which you can download here.
Furthermore, you can find additional information about FX vanilla options below:
Start trading with Saxo
Register
Choose an account tier and submit your application
Fund
Add funds quickly and securely via bank transfer
Trade
Access 44 FX options, 182 FX spot pairs and 140 forwards
FX Options Risk Warning
You should be aware that in purchasing Foreign Exchange Options, your potential loss will be the amount of the premium paid for the option, plus any fees or transaction charges that are applicable, should the option not achieve its strike price on the expiry date
Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation you may subsequently be called upon to pay margin on the option up to the level of your premium. If you fail to do so as required, your position may be closed or liquidated.
If you write an option, the risk involved is considerably higher than buying an option. You may be liable for margin to maintain your position and a loss may be sustained well in excess of the premium received.
By writing an option, you accept a legal obligation to purchase or sell the underlying asset if the option is exercised against you; however far the market price has moved away from the strike. If you already own the underlying asset that you have contracted to sell, your risk will be limited.
If you do not own the underlying asset the risk can be unlimited. Only experienced persons should contemplate writing uncovered options, then only after securing full detail of the applicable conditions and potential risk exposure.
References: