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Index Tracker | Spread(1) Classic | Spread(1) Platinum | Spread(1) VIP | Contract Size | Currency | Trading Hours(2) |
---|---|---|---|---|---|---|
North America | ||||||
1.00 | 0.90 | 0.70 | 1 index | USD | 18:01 - 16:00 | |
3.00 | 3.00 | 2.00 | 1 index | USD | 18:01 - 16:00 | |
0.90 | 0.90 | 0.70 | 1 index | USD | 18:01 - 16:00 | |
Europe | ||||||
13.00 | 12.00 | 12.00 | 1 index | EUR | 09:10 - 17:25 | |
2.50 | 1.25 | 0.75 | 1 index | DKK | 09:10 - 16:55 | |
2.00 | 1.75 | 1.50 | 1 index | EUR | 01:16 - 22:00 | |
2.00 | 1.50 | 1.00 | 1 index | EUR | 08:01 - 22:00 | |
2.00 | 1.50 | 1.20 | 1 index | EUR | 01:16 - 22:00 | |
15.00 | 10.00 | 7.00 | 1 index | EUR | 09:10 - 17:25 | |
4.50 | 4.00 | 4.00 | 1 index | EUR | 09:10 - 17:25 | |
12.00 * | 11.00 * | 11.00 * | 1 index | EUR | 09:01 - 17:30 | |
0.25 | 0.20 | 0.18 | 1 index | EUR | 08:01 - 22:00 | |
1.00 | 0.90 | 0.80 | 1 index | NOK | 09:10 - 16:20 | |
25.00 | 20.00 | 15.00 | 1 index | EUR | 08:10 - 16:25 | |
10.00 | 8.00 | 7.00 | 1 index | ZAR | 08:31 - 17:30 | |
8.00 | 6.50 | 4.00 | 1 index | EUR | 08:01 - 20:00 | |
0.65 | 0.55 | 0.45 | 1 index | SEK | 09:01 - 17:25 | |
2.50 | 2.00 | 2.00 | 1 index | CHF | 08:01 - 22:00 | |
1.00 | 0.90 | 0.85 | 1 index | GBP | 01:01 - 21.00 | |
44.00 | 42.00 | 40.00 | 1 index | GBP | 08:10 - 16.25 | |
Asia | ||||||
1.50 | 1.40 | 1.25 | 1 index | AUD | 09:51 - 07:00(2) | |
12.00 | 11.00 | 10.00 | 1 index | HKD | 09:16 - 03:00(2) | |
12.00 | 10.00 | 8.00 | 1 index | JPY | 07:31 - 04:45(2) |
Index Tracker | Spread(1) Classic | Spread(1) Platinum | Spread(1) VIP | Contract Size | Currency | Trading Hours(2) |
---|---|---|---|---|---|---|
0.50 | 0.40 | 0.40 | 1 index | USD | 20:01 - 16:00 | |
12.00 | 11.00 | 11.00 | 1 index | USD | 09:01 - 01:55 | |
4.00 | 3.00 | 3.00 | 1 index | USD | 09:01 - 01:55 | |
0.30 | 0.20 | 0.20 | 1 index | SGD | 08:31 - 01:55 | |
0.40 | 0.30 | 0.30 | 1 index | USD | 08:46 - 01:55 |
Exchange | Classic | Platinum | VIP |
---|---|---|---|
North America | |||
0.02 USD/share (min. 20 USD) | 0.015 USD/share (min. 20 USD) | 0.01 USD/share (min. 10 USD) | |
0.02 USD/share (min. 20 USD) | 0.015 USD/share (min. 20 USD) | 0.01 USD/share (min. 10 USD) | |
0.02 USD/share (min. 20 USD) | 0.015 USD/share (min. 20 USD) | 0.01 USD/share (min. 10 USD) | |
0.03 CAD/share (min. 20 CAD) | 0.02 CAD /share (min. 15 CAD) | 0.015 CAD /share (min. 10 CAD) | |
Europe | |||
0.35% (min. 12 EUR) | 0.30% (min. 12 EUR) | 0.30%) (min. 12 EUR) | |
0.10% (min. 12 EUR) | 0.08% (min. 10 EUR) | 0.06%) (min. 10 EUR) | |
0.50% (min. 6,000 HUF) | 0.40% (min. 5,000 HUF) | 0.30% (min. 5,000 HUF) | |
0.10% (min. 15 EUR) | 0.09% (min. 10 EUR) | 0.07% (min. 7 EUR) | |
0.10% (min. 12 EUR) | 0.08% (min. 10 EUR) | 0.06% (min. 10 EUR) | |
0.25% (min. 100 ZAR) | 0.20% (min. 80 ZAR) | 0.15% (min. 80 ZAR) | |
0.10% (min. 8 GBP) | 0.07% (min. 7 GBP) | 0.05% (min. 5 GBP) | |
0.10% (min. 20 USD) | 0.08% (min. 15 USD) | 0.06% (min. 12 USD) | |
0.17% (min. 12 EUR) | 0.15% (min. 10 EUR) | 0.13% (min. 8 EUR) | |
0.10% (min. 65 DKK) | 0.07% (min. 50 DKK) | 0.05% (min. 50 DKK) | |
0.10% (min. 12 EUR) | 0.07% (min. 10 EUR) | 0.05% (min. 8 EUR) | |
0.10% (min. 65 SEK) | 0.07% (min. 50 SEK) | 0.05% (min. 50 SEK) | |
0.10% (min. 12 EUR) | 0.08% (min. 10 EUR) | 0.06% (min. 8 EUR) | |
0.10% (min. 12 EUR) | 0.08% (min. 10 EUR) | 0.06% (min. 8 EUR) | |
0.10% (min. 12 EUR) | 0.08% (min. 10 EUR) | 0.06% (min. 8 EUR) | |
0.10% (min. 10 EUR) | 0.07% (min. 8 EUR) | 0.05% (min. 6 EUR) | |
0.10% (min. 65 NOK) | 0.08% (min. 50 NOK) | 0.06% (min. 50 NOK) | |
0.28% (min. 500 CZK) | 0.25% (min. 350 CZK) | 0.25% (min. 350 CZK) | |
0.10% (min. 20 CHF) | 0.09% (min. 20 CHF) | 0.08% (min. 8 CHF) | |
0.10% (min. 12 EUR) | 0.08% (min. 10 EUR) | 0.07% (min. 8 EUR) | |
0.30% (min. 75 PLN) | 0.25% (min. 65 PLN) | 0.20% (min. 65 PLN) | |
Asia | |||
0.10% (min. 8 AUD) | 0.07% (min. 8 AUD) | 0.05% (min. 8 AUD) | |
0.25% (min. 100 HKD) | 0.22% (min. 80 HKD) | 0.20% (min. 60 HKD) | |
0.20% (min. 25 SGD) | 0.16% (min. 20 SGD) | 0.14% (min. 15 SGD) | |
0.15% (min. 1,500 JPY) | 0.12% (min. 1,000 JPY) | 0.10% (min. 1,000 JPY) |
Instrument Name | Spread Minimum Classic | Spread Minimum Platinum | Spread Minimum VIP | Min. trade size | Trading hours(1) | Expiry date |
---|---|---|---|---|---|---|
Metals | ||||||
Gold | 0.60 | 0.55 | 0.50 | 1 | 18:01-17:00 | FND -2 |
Silver | 3.50 | 3.00 | 2.50 | 25 | 18:01-17:00 | FND -2 |
Platinum | 1.70 | 1.40 | 1.10 | 1 | 18:02-17:00 | FND -2 |
Palladium | 1.75 | 1.45 | 1.05 | 1 | 18:01-17:00 | FND -2 |
US Copper | 0.55 | 0.50 | 0.45 | 500 | 18:01-17:00 | FND -2 |
Energy | ||||||
US Crude | 0.05 | 0.05 | 0.03 | 25 | 18:01-17:00 | LTD -2 |
UK Crude | 0.05 | 0.05 | 0.03 | 25 | 01:01-22:55(2) | LTD |
Heating Oil | 0.35 | 0.30 | 0.25 | 500 | 18:01-17:00 | LTD -2 |
Gasoline US | 0.25 | 0.20 | 0.17 | 500 | 18:01 – 17:00 | LTD -2 |
Gas Oil | 1.25 | 1.00 | 0.75 | 1 | 01:01 – 21:55 | LTD -2 |
US Natural Gas | 0.017 | 0.014 | 0.011 | 200 | 18:01 – 17:00 | LTD -2 |
CO2 Emissions | 0.07 | 0.06 | 0.05 | 25 | 07:01 – 17:00 | LTD -2 |
Agriculture | ||||||
Corn | 1.25 | 1.00 | 0.75 | 200 | 19:01 – 13:20 | FND -2 |
Wheat | 2.25 | 2.00 | 1.75 | 200 | 19:01 – 13:20 | FND -2 |
Soybeans | 1.75 | 1.50 | 1.25 | 200 | 19:01 – 13:20 | FND -2 |
Softs & Meats | ||||||
NY Sugar No. 11 | 0.05 | 0.05 | 0.03 | 5,000 | 03:31 – 13:00 | LTD -2 |
NY Coffee | 0.45 | 0.40 | 0.35 | 1,000 | 04:16 – 13:30 | FND -2 |
NY Cocoa | 9.00 | 7.00 | 5.00 | 1 | 04:46 – 13:30 | FND -2 |
Live Cattle | 0.175 | 0.150 | 0.125 | 2,000 | 08:31 – 13:05 | LTD -2 |
Instrument Name | Spread Mark up Classic | Spread Mark up Platinum | Spread Mark up VIP | Min. trade size | Trading hours(1) | Expiry | Expiry Time |
---|---|---|---|---|---|---|---|
USD Index | 0.01000 | 0.00900 | 0.00800 | 100 | 20:00-17:00 | LTD -2 | 11:00 EST |
Euro / US Dollar | 0.00020 | 0.00019 | 0.00018 | 5,000 | 17:00-16:00 | FND -3 | 10:00 CST |
Euro / Japanese Yen | 0.03000 | 0.02000 | 0.02000 | 5,000 | 17:00-16:00 | FND -3 | 10:00 CST |
Euro / Swiss Franc | 0.00020 | 0.00020 | 0.00020 | 5,000 | 17:00-16:00 | FND -3 | 10:00 CST |
Euro / British Pound | 0.00025 | 0.00020 | 0.00020 | 5,000 | 17:00-16:00 | FND -3 | 10:00 CST |
British Pound / US Dollar | 0.00030 | 0.00025 | 0.00025 | 5,000 | 17:00-6:00 | FND -3 | 10:00 CST |
Australian Dollar / US Dollar | 0.00030 | 0.00020 | 0.00020 | 5,000 | 17:00-16:00 | FND -3 | 10:00 CST |
Instrument Name | Symbol | Spread Minimum Classic | Spread Minimum Platinum | Spread Minimum VIP | Min. trade size | Trading hours |
---|---|---|---|---|---|---|
German Government 10 year Bund | BUND | 0.030 | 0.025 | 0.020 | 50 CFDs | 01:16-22:00 |
German Government 5 year Bobl | BOBL | 0.030 | 0.025 | 0.020 | 50 CFDs | 01:16-22:00 |
German Government 2 year Schatz | SCHATZ | 0.015 | 0.010 | 0.010 | 50 CFDs | 01:16-22:00 |
Italian Government 10 year BTP | 10YBTP | 0.050 | 0.040 | 0.030 | 50 CFDs | 08:01-18:55 |
French Government 10 year OAT | 10YOAT | 0.050 | 0.040 | 0.030 | 50 CFDs | 08:01-18:55 |
Option Root | Description | Contract Size | Daily Holding Fee | Currency |
---|---|---|---|---|
AEX | AEX Index | 1 Index | 1.10 | EUR |
DJX | Dow Jones Industrial Average Index | 1/100 Index | 1.10 | USD |
ESX | FTSE 100 Index | 1 Index | 1.10 | GBP |
HSI | Hang Seng Index | 1 Index | 1.10 | HKD |
MIBO | FTSE MIB Index | 1 Index | 1.10 | EUR |
NDX | Nasdaq 100 Index | 1 Index | 1.10 | USD |
NKY | Nikkei 225 (Osaka) | 1 Index | 1.10 | JPY |
OBX | OBX Index | 1 Index | 1.10 | NOK |
ODAX | DAX Index | 1 Index | 1.10 | EUR |
OESX | Euro Stoxx 50 Index | 1 Index | 1.10 | EUR |
OMXSWE30 | OMX Stockholm 30 Index | 1 Index | 1.10 | SEK |
OSMI | SMI Index | 1 Index | 1.10 | CHF |
PXA | CAC 40 Index | 1 Index | 1.10 | EUR |
SPX | S&P 500 Index | 1 Index | 1.10 | USD |
XJO | S&P ASX200 Index | 1 Index | 1.10 | AUD |
As Index CFDs at Saxo Bank Switzerland are margined products, you finance the traded value through an overnight credit/debit charge. If you open and close a CFD position within the same trading day, you are not subject to overnight financing. When you hold an Index CFD position overnight, your CFD position will consequently be subject to the following credit or debit:
Please note the following:
A) A floor will apply to the relevant Inter-Bank Bid/Offer Rate, i.e. if the Inter-Bank Rate is negative, then it will be excluded from the financing calculation.
B) If the calculated financing rate on a short position (Inter-Bank Bid Rate – mark-down) is negative, then the financing credit will become a financing charge.
As Single Stock CFDs at Saxo Bank Switzerland are a margined product, you finance the traded value through an overnight credit/debit charge. If you open and close a CFD position within the same trading day, you are not subject to overnight financing. When you hold a Single Stock CFD position (or an ETF/ETC CFD position) overnight, i.e. have an open CFD position at close of market on the Stock Exchange, your CFD position will consequently be subject to the following credit or debit
The credit/debit is calculated on the total nominal value of the underlying Stocks at the time the CFD contract is established (whether long or short).
Please note the following:
Market | Symbol | Long positions (mark-up) | Short positions (mark-down) |
---|
NASDAQ | NASDAQ & NSC | +3.50% | -3.00% | |
New York Stock Exchange | NYSE & ARCA | +3.50% | -3.00% | |
NYSE MKT | AMEX | +3.50% | -3.00% | |
Toronto Stock Exchange | TSE | +3.50% | -3.00% |
Athens Exchange | AT | +4.50% | -4.00% | |
BME Spanish Exchanges | SIBE | +3.50% | -3.00% | |
Budapest Stock Exchange | BUX | +3.50% | -3.00% | |
Deutsche Börse (XETRA) | FSE | +3.50% | -3.00% | |
Irish Stock Exchange | ISE | +3.50% | -3.00% | |
Johannesburg Stock Exchange | JSE | +5.00% | -3.50% | |
London Stock Exchange | LSE_SETS | +3.50% | -3.00% | |
London Stock Exchange (IOB) | LSE_INTL | +3.50% | -3.00% | |
Milan Stock Exchange | MIL | +3.50% | -3.00% | |
NASDAQ OMX Copenhagen | CSE | +3.50% | -3.00% | |
NASDAQ OMX Helsinki | HSE | +3.50% | -3.00% | |
NASDAQ OMX Stockholm | SSE | +3.50% | -3.00% | |
NYSE Euronext Amsterdam (AEX) | AMS | +3.50% | -3.00% | |
NYSE Euronext Brussels | BRU | +3.50% | -3.00% | |
NYSE Euronext Lisbon | LISB | +3.50% | -3.00% | |
NYSE Euronext Paris | PAR | +3.50% | -3.00% | |
Oslo Stock Exchange | OSE | +3.50% | -3.00% | |
Prague Stock Exchange | PRA | +3.00% | -5.00% | |
SIX Swiss Exchange | SWX & VX | +3.50% | -3.00% | |
Vienna Stock Exchange | VIE | +3.50% | -3.00% | |
Warsaw Stock Exchange | WSE | +3.50% | -3.00% |
Australian Securities Exchange | ASX | +3.50% | -3.00% | |
Hong Kong Exchanges | HKEX | +3.50% | -3.00% | |
Singapore Exchange | SGX-ST | +3.50% | -3.00% | |
Tokyo Stock Exchange | TYO | +3.50% | -3.00% |
'Trading Conditions' > 'CFD Stock/Index Instrument List' on the platform.
When selling a CFD, the borrowing cost for holding the position overnight is shown in the CFD Trade module in the 'Estimated borrowing cost per day' field. The borrowing rate will be fixed when the position is opened and will be charged on a monthly basis. Please be aware, that for certain corporate action events, the borrowing rate on the short position may be reset to the current rate in the market, upon the execution of the corporate action.
If you open and close a CFD position within the same trading day, you are not subject to borrowing costs.
Overnight positions in Expiring CFDs are subject to a carrying cost. The carrying cost is calculated on the basis of the daily margin requirement and applied when a position is held overnight. The funding rate used for calculating the carrying cost is based on the relevant Interbank-rate + markup (150 bps).
Carrying Cost = Margin requirement * Holding time * (Relevant Interbank rate + Markup) / (365 or 360 days)
The Bid/Ask spread will be equal to the minimum target spread in approx. 99% of the quote updates, during the opening hours of the underlying cash market.
This gives clients an improved trading experience and a high degree of certainty with regards to trading costs associated with entering and closing CFD Index Tracker positions.
Please note that Fixed spreads are available for selected CFD indices only apply under normal market conditions up to the trade amounts listed in the table below.
Index Tracker Name | Symbol | Trade amount (contracts)* | |
---|---|---|---|
US Wall Street 30 | US30.I | 15 | |
US 500 | US500.I | 100 | |
US Tech 100 NAS | USNAS100.I | 25 | |
EU Stocks | EU50.I | 100 | |
France 40 | FRA40.I | 10 | |
Germany 30 | GER30.I | 10 | |
Italy 40 | ITALY40.I | 10 | |
Netherlands 25 | NETH25.I | 10 | |
Spain 35 | SPAIN35.I | 20 | |
Sweden 30 | SWE30.I | 100 | |
Switzerland 20 | SWISS20.I | 10 | |
UK 100 | UK100.I | 20 | |
Australia 200 | AUS200.I | 10 | |
Japan 225 | JPY225.I | 1,000 | |
Hong Kong | HK50.I | 25 |
Find more information about our general charges here.