Trade forex

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Tight spreads across spot, options, swaps, and forwards

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Up to 1:66 leverage on majors

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180+ FX pairs, 45 Options, 26 FX Options and 140 Forwards

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TradingView, MultiCharts and more third-party tools available for free

Please note: CFDs and forex spot transactions are complex instruments and come with a high risk of losing money rapidly due to leverage. 58% of retail investor lose money when trading CFDs and/or forex spot with Saxo Bank (Switzerland) Ltd.. 17.7% of retail clients trading in leveraged products are stopped out due to insufficient margin requirements and 0.34% of retail clients trading in leveraged products with Saxo Bank (Switzerland) Ltd. experience a negative account balance after a stop out occurred. You should consider whether you understand how CFDs, forex spot transactions or any of our other products work and whether you can afford to take high risk of losing your money. Read more about margin product trading risks.

Forex spreads and margin

Swipe left or right for more
Popular pairsMinimum spreadInitial margin*
eurusdEURUSD
2.1 pips1.5%
usdchfUSDCHF
2.4 pips2%
gbpusdGBPUSD
2.4 pips2%

*Initial margin for clients with Swiss residence. Information for clients with EU residence can be found here.

No exchange fees
No third-party fees
No minimum funding

Trading platform features

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  • Efficient-trade ticket

    Efficient trade ticket

    Trade in fewer clicks with our optimised trade ticket designed for speed while providing all the info you need in the ticket itself.
  • Technical analysis and advanced charting tools

    Technical analysis and advanced charting tools

    Get integrated trade signals plus 85+ technical indicators, annotation and drawing tools, and quick trading straight from the chart.
  • Extensive risk management tools

    Extensive risk management tools

    Use stop-limit orders, trailing stops, account-wide stop loss, cancel all orders, margin monitoring, FX exposure reports, and more to help manage your risk.
  • Comprehensive option chain

    Comprehensive option chain

    Trade directly from the option chain and access real-time data plus crucial metrics like the Greeks and volatilities.
  • Third-party tools and API

    Third-party tools and APIs

    Tailor your setup with OpenAPI, FIX API, and integrations such as TradingView and MultiCharts. 

More reasons to trade FX with Saxo

With Saxo, you’ll get an average execution speed of 0.009 seconds on market orders (October 2025 statistics) and no asymmetric slippage. Our fully customised orders offer you potential price improvements on every trade and an optimal balance between fill ratio and price level.

To protect you from being stopped out early, we trigger stop orders on the opposite side of the spread, based on a neutral price from a primary inter-bank venue.

We fully disclose our dealing practices and never trade against you in the market. 

See our monthly order execution statistics

With tiered margin, the average margin requirement (“blended margin requirement”) increases with the level of exposure. As the level of exposure decreases, the margin requirement also decreases.

We use a tiered margin methodology for FX spot, forwards, and FX options.

See margin requirements

You can connect to our stable, fast, flexible, and fully documented infrastructure. Tailor your setup with OpenAPI, FIX API, and plugins, including TradingView and MultiCharts. 

Explore ways to connect

We’re a regulated Swiss bank. This means we’re under the supervision of the Swiss Financial Market Supervisory Authority (FINMA) and comply with stringent reporting requirements and client management regulations.

Your deposits are protected up to CHF 100.000, in line with the Swiss deposit insurance scheme.

See investment protection details

Sharpen your strategy with curated insights

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  • Card-image-webinar-ch

    Webinars

    Regular sessions designed to help you become a better investor
    Sign up for webinars
  • Stocks Card News

    Real-time news

    Daily commentary and in-depth analysis across the global markets available directly in the platform
    Check the news
  • Investment-themes-GO

    Investment Themes

    Easily find inspiration for your next investment with investment opportunities organized by sector, industry and market trends
    Preview Investment Themes

Forex trading FAQs

There are benefits to trading FX that could enhance your portfolio, depending on your goals. Forex trading allows you to speculate on currency price movements and access the world's largest and most liquid financial market. It offers opportunities in both rising and falling markets, but it can be highly volatile and trading with leverage increases risk, so be sure to assess your risk tolerance.

With a Saxo account, you can trade currencies as spot, options, swaps, and forwards. You can check out our forex offering in our trading platform before even creating an account.

Explore available forex pairs
To start trading forex, first be sure you understand the risks and that you research your investment choices beforehand. Once you have a trading account, you can start researching further and investing in FX. Our website and platform offer expert analysis, news, and more content to help you get started even before you have an account.

To learn about forex in general, the associated risks, and why forex can be a strategic trading product, you can check out our forex deep dive.

Read our forex deep dive

On our trading conditions page you can find information about market orders, order routing, exchange- and market-specific conditions, corporate actions, and more.

See trading conditions
Read our margin information page to find out more about initial and maintenance margin. You can also find details about professional margin rates and how to qualify. 

Review margin requirements

We offer you greater control of your trading via our fully customised orders.

See our published FX order execution statistics by month for our most traded FX spot currency pairs.

Our policy is designed to ensure client orders are executed promptly, efficiently, and with the best possible terms.

Read our order execution policy

To open an individual account, a valid identification document (ID card or passport) will be all you need. You will be required to take a selfie in a second step.

Most sign-ups for individual accounts are approved digitally within a few minutes. However, since we cannot compromise on security checks, the process can take up to a few days.

Timing and processing for corporate account opening depend on each individual case and will be assessed at the time of the account opening request.

Open an account

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Start trading in a few easy steps

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Create your account online in just a few minutes

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Log in and fund your account

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Make your first investment

Saxo Bank (Schweiz) AG
The Circle 38
CH-8058
Zürich-Flughafen
Switzerland

Contact Saxo

Select region

Switzerland
Switzerland

All trading carries risk. Losses can exceed deposits on margin products. You should consider whether you understand how our products work and whether you can afford to take the high risk of losing your money. To help you understand the risks involved we have put together a general Risk Warning series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. The KIDs can be accessed within the trading platform. Please note that the full prospectus can be obtained free of charge from Saxo Bank (Switzerland) Ltd. or the issuer.

This website can be accessed worldwide however the information on the website is related to Saxo Bank (Switzerland) Ltd. All clients will directly engage with Saxo Bank (Switzerland) Ltd. and all client agreements will be entered into with Saxo Bank (Switzerland) Ltd. and thus governed by Swiss Law. 

The content of this website represents marketing material and has not been notified or submitted to any supervisory authority.

If you contact Saxo Bank (Switzerland) Ltd. or visit this website, you acknowledge and agree that any data that you transmit to Saxo Bank (Switzerland) Ltd., either through this website, by telephone or by any other means of communication (e.g. e-mail), may be collected or recorded and transferred to other Saxo Bank Group companies or third parties in Switzerland or abroad and may be stored or otherwise processed by them or Saxo Bank (Switzerland) Ltd. You release Saxo Bank (Switzerland) Ltd. from its obligations under Swiss banking and securities dealer secrecies and, to the extent permitted by law, data protection laws as well as other laws and obligations to protect privacy. Saxo Bank (Switzerland) Ltd. has implemented appropriate technical and organizational measures to protect data from unauthorized processing and disclosure and applies appropriate safeguards to guarantee adequate protection of such data.

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