Trade forex options on the best FX trading platform1
Access 44 FX vanilla options with maturities from one day to 12 months.
Industry-leading prices
All-inclusive spreads from 5 pips – get our best rates when you fund and trade more.
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.
Award-winning FX trading platforms
Fast and reliable access to the markets from your phone, tablet, laptop, or multi-screen desktop setup.
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* | Classic | Platinum | VIP |
|---|---|---|---|
 EUR USD | 0.0007 | 0.0006 | 0.0005 |
| USD JPY | 0.07 | 0.06 | 0.05 |
| GBP USD | 0.0010 | 0.0009 | 0.0008 |
| AUD USD | 0.0006 | 0.0005 | 0.0004 |
| EUR JPY | 0.14 | 0.13 | 0.12 |
| XAU USD | 1.67 | 1.50 | 1.38 |
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.
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
Personal relationship managers
An individual point of contact for platform, trading and account queries.
Dedicated sales traders
Live market commentary, risk management and post-trade support from our senior sales traders.
In-house analysts
News and commentary on all major asset classes from our global team of market analysts – #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
With offices in 16 countries, a team of experts is on call 24/5 to assist with technical and account questions.
Local language assistance
Each team member is a Saxo platform specialist and fully-immersed in their local market.
A FinTech pioneer with a vision
See why Saxo is trusted
around the world
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:
Yes. 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 and FX options trading.
Our expert strategists regularly post news, analysis and commentary to help you stay one step ahead of developments in the market and provide actionable trade ideas.
You can access their posts on the ‘insights’ section of our website , or directly through our trading platform.
Start trading with Saxo
Register
Choose an account tier and submit your application
Fund
Add funds quickly and securely via bank transfer or cheque
Trade
Access 40 FX options, 182 FX spot pairs and 140 forwards
FX 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 more information click here
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