Trade forex on an award-winning platform

Access 182 FX pairs across majors, minors and exotics, plus spot metals, from only 0.4 pips

Saxo platforms

Why trade Forex with Saxo Markets

  • Ultra-competitive FX spreads
    Trade major Forex pairs from 0.4 pips. Competitive entry prices and even lower rates for active traders.
  • Best-in-class execution
    Tier-1 liquidity gives higher fill-rates, fewer premature stop-outs and significant price improvements.
  • Award-winning platform
    Benefit from integrated Trade Signals, news feeds and innovative risk-management features.
  • Expert service, trusted for 25 years
    With 800,000+ satisfied customers, Saxo Markets offers world-class service around the clock.

    Tight, all-inclusive Forex spreads

    We offer three levels of pricing depending on your account tier.

    Swipe left or right for more
    INSTRUMENTCLASSICPLATINUMVIP
    EUR USD0.60.50.4
    GBP USD0.70.60.4
    EUR JPY0.90.80.6
    AUD USD0.40.30.3
    Live and historical spreadsLive and historical spreadsLive and historical spreads

    All prices shown on this page are offered to new Saxo clients and are subject to minimum ticket fee. Existing clients can access pricing information directly in the trading platform.

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

    See all FX prices

    More information

    Our initial margin rates start at 3.33% for major FX pairs including EURUSD, USDJPY, USDCAD, EURJPY and more. If you qualify as an Elective Professional client, our initial margin rates start at 1.5% for major FX pairs.

    See a full list of our FX margin rates for retail clients.

    Read more about FX margins for retail clients here

    You can find more information about the FX value date rollover, rollover procedure and historic swap points here

    Both our SaxoTraderGO and SaxoTraderPRO platforms offer you a fast and intuitive forex trading experience.

    However, if you’d like some help getting started, we’ve put together a short guide on how to trade forex on SaxoTraderGO, which highlights the key features you’ll need.

    Derive the value of potential price improvements on every trade. Assume greater control of your trading, and achieve an optimal balance between fill ratio and price level through our fully customised orders.

    Saxo offer a variety of orders, including Market, Limit and Stop orders. To learn more please see Orders and Execution Statistics.

    To learn more about how Saxo executes orders on behalf of its clients, please refer to our Order Execution Policy.

     

    Whether you’re new to trading or looking to refine your knowledge, we have a range of educational videos and online courses that will suit your needs.

    In addition, our experts run a series of webinars to help you broaden your understanding of forex trading and seize market opportunities.

    Our expert strategists regularly post news, analysis and commentary to help you stay one step ahead of developments in the market.

    You can access their posts in the Insights section of our website, or directly through our trading platform.

    Whereas the FX spot market is for immediate currency trades, the FX forward market is the market for trading currencies for delivery at some point in the future. FX forward outrights enable you to agree a price today (the FX forward price) at which two currencies will be exchanged on a predetermined date in the future. FX swaps likewise enable you to agree a price today at which two transactions will be executed. An FX swap is a simultaneous purchase and sale, or vice versa, of one currency for another currency with two different value dates; two parties agree upon a currency exchange on one day and simultaneously agree to unwind or reverse that transaction on a specified date in the future.

    At Saxo, we provide full electronic access to trade Forex forward outrights and Forex swaps in 100+ currency pairs with maturities from 1 day to 12 months.

    To understand the FX forward outright trading conditions please click here.

    For more information on FX swaps please click here

    NDFs are tradable offline only through the Global Sales Trading desk. An initial FX margin requirement of 9% is applicable (8% maintenance margin) and 1% interest rate margin (subject to change). There is a minimum trade size of USD 100,000 or equivalent and a Net Open Position (NOP) limit of 3 million USD. A higher margin requirement may apply depending on the level of exposure. Prior to trading this product an addendum to Saxo’s General Business Terms must be signed.

    NDFs are tradeable offline only with maturities from 1 day to 12 months.

    The following currency pairs are available to trade: USDBRL, USDCLP, USDCOP, USDCNY, USDIDR, USDINR, USDKRW, USDPEN, USDPHP, USDTWD.

    Find more information about our general charges here.

    You can review our trading conditions for Forex here.

    Forex risk warning

    Forex is categorised as a red product as it is considered an investment product with a high complexity and a high risk.
    Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red. For further information click here

    Saxo Capital Markets HK is a company authorised and regulated by the Securities and Futures Commission of Hong Kong. Saxo Capital Markets HK Limited holds a Type 1 Regulated Activity (Dealing in securities); Type 2 Regulated Activity (Dealing in Futures Contract) and Type 3 Regulated Activity (Leveraged foreign exchange trading) licenses (CE No. AVD061). Registered address: Rooms 2001-02, 20/F York House, The Landmark, 15 Queen's Road Central, Hong Kong

    By clicking on certain links on this site, you are aware and agree to leave the website of Saxo Capital Markets, proceed on to the linked site managed by Saxo Group and where you will be subject to the terms of that linked site.

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    Please note that the information on this site and any product and services we offer are not targeted at investors residing in the United States and Japan, and are not intended for distribution to, or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Please click here to view our full disclaimer.