Optimize your FX trading
Experience & Expertise
With extensive experience as market makers in the interbank market, we are pioneers in bringing FX Options online. Trade online with the stability and security of a regulated broker.
Intuitive usability – such as click & drag trading on SaxoTraderGO or the sophisticated options board on SaxoTraderPRO – and a customisable platform makes trading FX Options clear and straightforward.
Professional risk management reports with live updates allow you to manage your positions and plan your strategies. Similar to the reports used by professional traders in banks and large corporates.
Competitive & transparent pricing
Competitive prices and low spreads. At Saxo, you always know what a trade will cost you – which frees you up to think about your positions. We offer vanilla options in over 40 currency pair including Gold and Silver.
Puts and calls in 40 pairs
With our wide FX Options product range, you can trade FX Vanilla Options in 40 currency crosses.
Cross-portfolio margin reductions
This feature gives you an easy and flexible way to trade on margin. Use the value of the assets in your portfolio to reduce your FX Options trading margins.
FX Options report
The ultimate tool to manage your FX Options portfolio. Aggregating your Options and spot positions allows you to analyse the risk of your portfolio, so you can plan your strategies accordingly.
Whether you are new to the possibilities of FX options or looking for advanced training, the Saxo Academy has something for you. Click here for bite-sized videos on specific issues, or commit to a more extensive online training module.
Visit the Saxo Academy
An introduction to Forex Options
Whether expressing a view on an underlying market or using them as a hedging tool, Forex Options don't have to be complicated.
Call Options Examples
Walk through an example of trading EURUSD via a call option.
Put Options Examples
Think a currency pair is overvalued? You can express that point of view via a put option.
Shorting Vanilla Options
Find out about how you can earn a premium from an option but also how you might face an obligation to the owner.
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.