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Contract Options Commissions

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CONTRACT CURRENCYCommission ClassicCommission PlatinumCommission VIP
AUD
10.005.002.00
EUR
6.003.001.00
GBP
5.002.501.00
USD (Cash Index Options)
6.003.001.50
USD (Future Options)
6.003.000.85
CHF
8.004.001.50
JPY
1000.00800.00700.00
NOK
65.0035.0020.00
SEK
75.0040.0015.00
CAD
6.003.001.00
HKD
35.0030.0020.00

If you trade more than 5,000 contracts per month please contact us for pricing.

If no agreement exists to the contrary, you will be charged the highest price category in the table. Contact Saxo Capital Markets to apply for another price category if applicable based on previous trading volumes.

Moves to different price categories take place at the discretion of Saxo Capital Markets and always take effect from the beginning of the following month without any adjustment in commissions already paid.

When trading Contract Options at Saxo Capital Markets, there are no minimum ticket fees. Each trade is subject to a flat-rate fee based on the applicable volume bracket.

Overnight positions in short Contract Options is subject to a carrying cost. The carrying cost is calculated on the basis of the daily margin requirement and applied when a position is held overnight. The funding rate used for calculating the carrying cost is based in the relevant Interbank-rate + markup (150 bps).

Carrying Cost = Margin requirement * Holding time * (Relevant Interbank rate + Markup) / (365 or 360 days)

Holding fees on long option positions (all maturities) will not be applied for the first 30 days – holding fees will only apply after 30 days of holding a position. The fee will be calculated daily based on the below schedule and charged end-of-month.

Bought Options daily holding fees per million (Nominal Value)
CategoryInterest ratesForeign-exchange rates and GoldEquitiesPrecious metals, except goldCommodities, except precious metals
<30 Days Holding the Positionn.a.n.a.n.a.n.a.n.a.
>30 Days Holding the Position0.100.701.101.001.60


Holding Fee per day = Nominal Value / 1,000,000 * Underlying Category Fee

When trading Contract Options at Saxo Capital Markets, there are no custody fees involved.

Saxo Capital Markets does not pass any costs for using Saxo trading software to clients. Trading on SaxoTraderand SaxoTraderGO is free of charge.

Complimentary to existing live data subscriptions on Futures Exchanges, Saxo Capital Markets offers streaming Contract Options prices on the same exchanges free of charge.

This also means that you are provided with direct market access to trade Options on various underlying assets on live streaming prices without dealer intervention.

risk-icon--red

Listed 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.


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

Options involve risks and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges are subject to Saxo Bank A/S review and approval. Prior to buying or selling an option, investors must read a copy of the Characteristics & Risks of Standardized Options, also known as the options disclosure document (ODD). It explains the characteristics and risks of exchange- traded options.

Other Risks: Spreads, Straddles, and other multiple-leg option strategies can entail substantial transaction costs, including multiple commissions, which may impact any potential return. These are advanced option strategies and often involve greater risk, and more complex risk, than basic options trades.

Exercise and assignment of options, particularly American-style, may lead to substantial losses especially if a writer of the option is "uncovered." Options that expire in-the- money are subject to automatic exercise, while options that are out-of-the-money are expired. In some cases, holders of long OTM options may decide to exercise if very close to the daily settlement underlying price, e.g. "Pin Risk."

Saxo Capital Markets HK Limited
Rooms 2001-02, 20/F York House
The Landmark
15 Queen's Road Central
Hong Kong

Hong Kong S.A.R

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

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