Value for money with Saxo's transparent pricing structure
We believe that FX prices should be competitive and transparent and never burdened with false incentives. That’s why we offer volume-based fees that allow you to benefit from more attractive prices as your activity increases. And any time you trade with Saxo, you also gain access to reliable technology and supporting services.
This is is what we mean by value for money.
FX Volume-based Discount Plan
|Commissions level||Volume USDm (monthly) required||Gross Commission per USDm||Discount||Net commission per USDm|
|Level 1||0 - 25||50 USD||0 USD||50 USD|
|Level 2||25 - 100||50 USD||-10 USD||40 USD|
|Level 3||100 - 250||50 USD||-20 USD||30 USD|
|Level 4||250 - 500||50 USD||-25 USD||25 USD|
|Level 5||500 - 1,000||50 USD||-30 USD||20 USD|
|Level 6||> 1,000||50 USD||-33 USD||17 USD|
- Competitive and transparent pricing from as low as 0.1 pips, plus commission
- Increasing commission discounts for larger cumulative trading volume
- Consistency in spread across notional trade sizes
- No minimum monthly commission fee
- Designed for pricing simplicity
The FX Volume-based Discount Plan serves low-volume traders equally as well as it does high-volume traders, taking into account that trading volumes can fluctuate. We charge a standard commission rate of $50 per $1 million traded, with the benefit of increasing discounts for larger cumulative trading volume, i.e. the more volume traded, the cheaper trading costs (commission) become.
- If you trade over 25 million USD, you will receive a 20% (10 USD) discount on commission paid on volume traded up to 100 million USD.
- If you trade over 100 million USD, you will receive a 40% (20 USD) discount on commission paid on volume traded up to 250 million USD.
- If you trade over 250 million USD, you will receive a 50% (25 USD) discount on commission paid on volume traded up to 500 million USD.
- If you trade over 500 million USD, you will receive a 60% (30 USD) discount on commission paid on volume traded up to 1,000 million USD.
- If you trade over 1,000 million USD, you will receive a 66% (33 USD) discount on commission paid on volume traded in excess of 1,000 million USD.
Rates and Conditions