Futures Trading Commissions
These commissions are for each contract and for each trade (buy, sell or at expiry) through SaxoTrader and exclude exchange fees which are listed under the contract specifications.
| Contract /Currency | Trade Volume: Contracts/Month | ||
|---|---|---|---|
| 1-250 | 251-1,000 | 1,001-5,000 | |
| AUD | AUD 10.00 | AUD 5.00 | AUD 2.50 |
| EUR | EUR 6.00 | EUR 3.00 | EUR 1.50 |
| GBP | GBP 5.00 | GBP 2.50 | GBP 1.25 |
| SGD | SGD 15.00 | SGD 7.50 | SGD 3.75 |
| USD | USD 6.00 | USD 3.00 | USD 1.50 |
| CHF | CHF 8.00 | CHF 4.00 | CHF 2.00 |
| JPY | JPY 1,000.00 | JPY 800.00 | JPY 750.00 |
| SEK | SEK 75.00 | SEK 40.00 | SEK 20.00 |
| CAD | CAD 6.00 | CAD 3.00 | CAD 1.50 |
| HKD | HKD 25.00 | HKD 25.00 | HKD 20.00 |
| NZD | NZD 15.00 | NZD 7.50 | NZD 4.00 |
If you trade more than 5,000 contracts per month, please contact us for pricing.
As a special introductory offer, Saxo Capital Markets will offer trading of all HKD contracts at mini contracts at mini contract commissions rates until further notice.
These commissions are for each contract and for each trade (buy or sell) through SaxoTrader and exclude exchange fees which are listed under the contract specifications.
If no agreement exists to the contrary, clients 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.
* For Nordic Power Futures a different pricing table applies, please contact your account manager.
For a full list of available Futures Contracts see the Futures Trading Conditions page.
Overnight positions in Futures are 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 on the relevant Interbank-rate + markup (150 bps).
Carrying Cost = Margin requirement * Holding time * (Relevant Interbank rate + Markup) / (365 or 360 days).
Please note that relevant benchmark rates are floored at 0%.
Futures Risk Warning
A Future 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