CFD Spreads And Commissions

Index-tracking CFD contract details (continuous)

INDEX TRACKER	SPREAD(1) CLASSIC	SPREAD(1) PLATINUM	SPREAD(1) VIP	CONTRACT SIZE	CURRENCY	TRADING HOURS(2)
North America
US Tech 100 NAS	1.00	0.70	0.50	1 index	USD	18:01 - 16:00
US 30 Wall Street	3.00	2.00	2.00	1 index	USD	18:01 - 16:00
US 500	0.50	0.50	0.40	1 index	USD	18:01 - 16:00
Europe
Belgium 20	13.00	12.00	12.00	1 index	EUR	09:10 - 17:25
Denmark 20	2.50	1.25	0.75	1 index	DKK	09:10 - 16:55
EU Stocks 50	2.00	1.75	1.50	1 index	EUR	01:16 - 22:00
France 40	2.00	1.50	1.00	1 index	EUR	08:01 - 22:00
Germany 30	1.00	1.00	0.90	1 index	EUR	01:16 - 22:00
Germany Mid-Cap 50	15.00	10.00	7.00	1 index	EUR	09:10 - 17:25
Germany Tech 30	4.50	4.00	4.00	1 index	EUR	09:10 - 17:25
Italy 40	12.00 *	11.00 *	11.00 *	1 index	EUR	09:01 - 17:30
Netherlands 25	0.25	0.20	0.18	1 index	EUR	08:01 - 22:00
Norway 25	1.00	0.90	0.80	1 index	NOK	09:10 - 16:20
Portugal 20	25.00	20.00	15.00	1 index	EUR	08:10 - 16:25
South Africa 40	10.00	8.00	7.00	1 index	ZAR	08:31 - 17:30
Spain 35	8.00	6.50	4.00	1 index	EUR	08:01 - 20:00
Sweden 30	0.65	0.55	0.45	1 index	SEK	09:01 - 17:25
Switzerland 20	3.00	2.50	1.75	1 index	CHF	08:01 - 22:00
UK 100	1.00	0.90	0.85	1 index	GBP	01:01 - 21.00
UK Mid 250	44.00	42.00	40.00	1 index	GBP	08:10 - 16.25
Asia
Australia 200	1.50	1.40	1.25	1 index	AUD	09:51 - 07:00(2)
Hong Kong	12.00	11.00	10.00	1 index	HKD	09:16 - 01:00(2)
Japan 225	12.00	10.00	8.00	1 index	JPY	07:31 - 04:45(2)

Index-tracking CFD contract details (expiring)

INDEX TRACKER NAME	SPREAD(1) CLASSIC	SPREAD(1) PLATINUM	SPREAD(1) VIP	CONTRACT SIZE	CURRENCY	TRADING HOURS(2)
US2000	0.50	0.40	0.40	1 index	USD	20:01 - 16:00
China 50	12.00	11.00	11.00	1 index	USD	09:01 - 01:55
India 50	4.00	3.00	3.00	1 index	USD	09:01 - 01:55
Singapore	0.30	0.20	0.20	1 index	SGD	08:31 - 01:55
Taiwan	0.40	0.30	0.30	1 index	USD	08:46 - 01:55

* Italy 40: Italian derivatives are subject to Italian Financial Transaction Tax (Stamp duty) which is applied for both buys and sells. Click here for more information about the Italian Financial Transaction Tax (IFTT). Also, an additional charge of 2 bps. (0.02%) of the trade amount is applied, to cover Saxo Bank’s increased cost of execution and hedging due to IFTT.

(1) Spreads: the spreads indicated are minimum spreads and depend on the spread of the underlying futures contract. If the underlying future trades at a spread that is larger than the minimum spread, the Index spread will be increased with the additional spread from the future. Example: Germany 30 normal spread is 1.5 index points if the future spread is 0.5 indicating normal conditions. If the liquidity is low in the future and the spread is 1, the Index spread will be 1.5 + (1 - 0.5) = 2.

(2) Trading hours are stated in the local hours of the underlying exchange - please note that the Hong Kong Index trading session has a mid-session break between 12:00-13:01 and an evening break between 16:30-17:16, the trading session in Japan 225 has a break between 14:30 and 14:56 and the Australia 200 there is a break between 14:30 and 15:11. For CHINA50 there is a mid-session break between 15:55 and 16:41. For INDIA50 there is a mid-session break between 18:05 and 19:16.For SINGAPORE there is a mid-session break between 17:10 and 18:16. For TAIWAN there is a mid-session break between 13:45 and 14:36.

Single Stock and ETF CFD Commissions

Exchange name	Symbol	Commission Classic	Commission Platinum	Commission VIP
North America
NASDAQ	NASDAQ & NSC	0.02 USD/share (min. 10 USD)	0.015 USD/share (min. 7 USD)	0.01 USD/share (min. 3 USD)
New York Stock Exchange	NYSE & ARCA	0.02 USD/share (min. 10 USD)	0.015 USD/share (min. 7 USD)	0.01 USD/share (min. 3 USD)
NYSE MKT	AMEX	0.02 USD/share (min. 10 USD)	0.015 USD/share (min. 7 USD)	0.01 USD/share (min. 3 USD)
Toronto Stock Exchange	TSE	0.03 CAD/share (min. 20 CAD)	0.02 CAD /share (min. 15 CAD)	0.015 CAD /share (mi.n 10 CAD)
Europe
Athens Exchange	AT	0.35% (min. 12 EUR)	0.30% (min. 12 EUR)	0.30% (min. 12 EUR)
BME Spanish Exchanges	SIBE	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.06% (min. 10 EUR)
Budapest Stock Exchange	BUX	0.50% (min. 6,000 HUF)	0.40% (min. 5,000 HUF)	0.30% (min. 5,000 HUF)
Deutsche Börse (XETRA)	FSE	0.10% (min. 10 EUR)	0.07% (min. 8 EUR)	0.05% (min. 6 EUR)
Irish Stock Exchange	ISE	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.06% (min. 10 EUR)
Johannesburg Stock Exchange	JSE	0.25% (min. 100 ZAR)	0.20% (min. 80 ZAR)	0.15% (min. 80 ZAR)
London Stock Exchange	LSE_SETS	0.10% (min. 8 GBP)	0.07% (min. 7 GBP)	0.05% (min. 5 GBP)
London Stock Exchange (IOB)	LSE_INTL	0.10% (min. 20 USD)	0.08% (min. 15 USD)	0.06% (min. 12 USD)
Milan Stock Exchange *	MIL	0.17% (min. 12 EUR)	0.15% (min. 10 EUR)	0.13% (min. 8 EUR)
NASDAQ OMX Copenhagen	CSE	0.10% (min. 65 DKK)	0.07% (min. 50 DKK)	0.05% (min. 50 DKK)
NASDAQ OMX Helsinki	HSE	0.10% (min. 12 EUR)	0.07% (min. 10 EUR)	0.05% (min. 8 EUR)
NASDAQ OMX Stockholm	SSE	0.10% (min. 65 SEK)	0.07% (min. 50 SEK)	0.05% (min. 50 SEK)
NYSE Euronext Amsterdam (AEX)	AMS	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.06% (min. 8 EUR)
NYSE Euronext Brussels	BRU	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.06% (min. 8 EUR)
NYSE Euronext Lisbon	LISB	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.06% (min. 8 EUR)
NYSE Euronext Paris	PAR	0.10% (min. 10 EUR)	0.07% (min. 8 EUR)	0.05% (min. 6 EUR)
Oslo Stock Exchange	OSE	0.10% (min. 65 NOK)	0.08% (min. 50 NOK)	0.06% (min. 50 NOK)
Prague Stock Exchange	PRA	0.28% (min. 500 CZK)	0.25% (min. 350 CZK)	0.25% (min. 350 CZK)
SIX Swiss Exchange	SWX & VX	0.10% (min. 12 CHF)	0.07% (min. 10 CHF)	0.05% (min. 8 CHF)
Vienna Stock Exchange	VIE	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.07% (min. 8 EUR)
Warsaw Stock Exchange	WSE	0.30% (min. 75 PLN)	0.25% (min. 65 PLN)	0.20% (min. 65 PLN)
Asia
Australian Securities Exchange	ASX	0.10% (min. 6 AUD)	0.07% (min. 8 AUD)	0.05% (min. 8 AUD)
Hong Kong Exchanges *	HKEX	0.25% (min. 100 HKD)	0.22% (min. 80 HKD)	0.20% (min. 60 HKD)
Singapore Exchange *	SGX-ST	0.20% (min. 25 SGD)	0.16% (min. 20 SGD)	0.14% (min. 15 SGD)
Tokyo Stock Exchange	TYO	0.15%(min. 1,500 JPY)	0.12% (min. 1,000 JPY)	0.10% (min. 1,000 JPY)

* Rates include 'DMA surcharges' to cover transaction tax, stamp duty, exchange and regulatory fees etc. associated with carrying out a CFD Direct Market Access transaction.

Commodity CFD spreads

⁽¹⁾ Trading hours are stated in the local hours of the underlying exchange
⁽²⁾ Trading hours Fridays are 01:01 to 22:00

Forex CFD (expiring) spreads

⁽¹⁾ Trading hours are stated in the local hours of the underlying exchange

Bond CFD spreads

Option CFD pricing

Holding fees on long option positions (all maturities) will be applied when positions are held overnight. The daily holding fee is 1.10 per million (notional value) in the contract’s trading currency. Holding fee per day = nominal value / 1,000,000 * 1.10.