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*ClassicPlatinumVIP
EUR USD0.00060.00050.0005
USD JPY0.070.060.05
GBP USD0.00100.00090.0008
AUD USD0.00060.00050.0004
EUR JPY0.120.110.10
XAU USD1.531.361.24

* Spreads may vary depending on the life, and the strike price, of the individual option.
All prices shown on this page are offered to new Saxo clients. Existing clients can access pricing information directly in the trading platform.
For professionals or elective professionals, our experts are available to discuss markets, strategies and trading opportunities.

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.

Winner of +100 platforms and service awards

See all awards

35,000 instruments. Eight asset classes. One account


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:

1 FX Week Awards 2018: Best Retail Forex Platform.