Ultra-competitive pricing
Trade EUR USD from 3 pips and USD JPY from 5 pips.
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Why trade FX options with Saxo Markets
Tight, all-inclusive FX option spreads
| Instrument | Classic | Platinum | VIP |
|---|---|---|---|
| EUR USD | 5.0 | 4.0 | 3.0 |
| USD JPY | 6.0 | 5.0 | 4.0 |
| GBP USD | 8.0 | 7.0 | 5.0 |
| AUD USD | 5.0 | 4.0 | 3.0 |
| EUR JPY | 9.0 | 8.0 | 6.0 |
| EUR CHF | 8.0 | 7.0 | 6.0 |
| XAU USD | 180.0 | 160.0 | 140.0 |
| XAG USD | 9.5 | 8.8 | 6.5 |
Trade with flexibility
Trade FX options with advanced tools
Trade FX options with advanced tools
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 45 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.
Forex Options risk warning
An option is categorised as a red product as it is considered an investment product with a high complexity and a high risk.
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.
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