Trade FX options on an award-winning platform

Access 44 FX vanilla options with maturities from one day to 12 months.

Saxo platforms

Why trade FX options with Saxo Bank Switzerland

  • Ultra-competitive pricing
    Trade EUR USD from 3 pips and USD JPY from 5 pips.
  • Access 44 FX options
    Trade FX options across major pairs with maturities from one day to 12 months.
  • Advanced FX Option tools
    Take advantage of extensive option chain tools, option analytics and innovative risk-management tools.
  • Expert service, trusted for 25 years
    With 800,000+ satisfied customers, Saxo Bank Switzerland offers world-class service around the clock.

    Tight, all-inclusive FX option spreads

    We offer three levels of pricing depending on your initial funding and trading volume.

    Swipe left or right for more
    30 day at-the-money spreads*ClassicPlatinumVIP
    EUR USD5.04.03.0
    USD JPY7.06.05.0
    GBP USD10.09.07.0
    AUD USD5.04.03.0
    EUR JPY11.010.08.0
    XAU USD150.0130.0125.0

    Please note that spreads shown are ATM 1 month minimum spreads under normal market conditions. Spreads will vary depending on the life and the strike of the option. For current ATM 1 month spreads please see the link below.

    Receive lower prices as you trade more with our Platinum and VIP account tiers. Learn more 

    See all FXO spreads

    Trade with 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.

      Trade FX options with advanced tools

      Trade FX options with advanced tools

      SaxoTraderGO is our powerful yet easy-to-use platform. Trade from your PC, Mac, tablet or smartphone.

      Robust option chain functionality

      Benefit from extensive charting with 50+ technical indicators, integrated Trade Signals and innovative risk management tools.

      High-quality analytics

      Our professional-grade suite of real-time reports provide detailed analysis of FX spot and options positions, across multiple pairs.

      More information

      You can review information on margin requirements here.

      Saxo offers a range of 44 FX Vanilla Options as well as 6 FX Touch Options (in Europe Touch Options are available for elective professional clients only).

      You can find additional information in our factsheet for FX Vanilla Options and our factsheet for FX Touch Options.

      Find more information about our general charges here.

      You can review our trading conditions for Forex options here.

      24-hour expert service

      24-hour expert service

      Whether you’re a high- or low-volume trader, you’ll receive first-class support tailored to your needs.

      Integrated digital support
      Access our self-service support centre, email helpdesk and a range of educational courses.

      24-hour customer service
      Get support for technical matters and account queries whenever markets are open.

      Relationship managers and sales traders
      Active traders benefit from a dedicated point of contact and access to our world-class trading experts.

      Exclusive VIP services
      Receive our very best prices, priority support and exclusive event invitations.

      Trusted for more than 25 years

      Trusted for more than 25 years

      Fully regulated
      We adhere to the strictest regulatory standards, and are fully licensed and regulated in 15 jurisdictions across Europe, the Middle East and Asia.

      Financial strength
      We’re a financially stable company with a robust balance sheet. We serve clients in 170 countries, hold USD 16bn in AUM and process 1m transactions daily.

      Multi-award winner
      We’ve been consistently recognised by our industry and have won the highest accolades for our products, platform and service.

      Ready to get started?

      Opening an account takes around 5 minutes 

      risk-icon--red

      Forex 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.

      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 series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. The KIDs can be accessed here or 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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