BTCUSD
spreads from
91
USD
ETHUSD
spreads from
6.3
USD
ETHEUR
spreads from
6.4
EUR
What clients say about Saxo
Saxo's trading platform is solid and user friendly
Saxo's trading platform is very clear, use friendly, and provides a lot of instant information; news, financial analysis, and...
Fast response to customers questions…
Fast response to customers questions and demands, fully available contact with saxo's representatives in any case,good flow of economy news, facts...
Excellent Broker Service
My experience with Saxo Bank is from the beginning of the year 2020. From the very beginning when registering to my first and next buying/selling...
Saxo Bank The Best
Saxo Is the good and expert platform,also easy to use when want to make trade,all have there like news,signal sign so to me it much better and enough no need to find other platform also if...
Best Reports
Most detailed reports available and easily accessible on the site. would appreciate a little more functionality on the charts. Info available on Trade window is excellent...
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Saxo's trading platform is solid and user friendly
Saxo's trading platform is very clear, use friendly, and provides a lot of instant information; news, financial analysis, and...
Fast response to customers questions…
Fast response to customers questions and demands, fully available contact with saxo's representatives in any case,good flow of economy news, facts...
-
Excellent Broker Service
My experience with Saxo Bank is from the beginning of the year 2020. From the very beginning when registering to my first and next buying/selling...
-
Saxo Bank The Best
Saxo Is the good and expert platform,also easy to use when want to make trade,all have there like news,signal sign so to me it much better and enough no need to find other platform also if...
-
Best Reports
Most detailed reports available and easily accessible on the site. would appreciate a little more functionality on the charts. Info available on Trade window is excellent...
Should I trade crypto FX?
With crypto markets still largely unregulated, they can be prone to market manipulation. Hackers have also gained unauthorised access to digital wallets and crypto exchanges.
Most bitcoins are held by a small number of investors, and many platforms and exchanges trade on their own books. In a sales rush, liquidity issues could leave investors sidelined with rapidly falling prices.
The parabolic price increases of cryptocurrencies are largely driven by speculation rather than intrinsic value. The first crypto bubble burst spectacularly in 2018, suggesting history could repeat itself.
Cryptocurrencies are known for their volatility. Bitcoin, for example soared by over 1000% in 2017, only to lose 80% of its value the following year. While large corporations have since entered the crypto space, Bitcoin and other cryptos continue to make significant moves up and down.
Good to know
Saxo offers access to crypto through exchange traded products (ETPs) and a variety of Crypto FX pairs e.g. BTCUSD and ETHJPY.
Saxo does not allow funding or withdrawal in cryptocurrencies.
Crypto FX pairs support fractional trading which allows you to trade in fractions of a crypto.
This provides the possibility to scale your position with greater precision and does not limit you to trading crypto in full integer amounts.
Trading hours for FX Crypto crosses adhere to the trading hours of Crypto Futures offered on the CME exchange.
Trading Hours for BTCUSD, BTCEUR, BTCJPY, ETHUSD, ETHEUR, and ETHJPY are:
| Monday | 17:00 – 15:55 CT (18:00-16:55 EST) |
| Tuesday | 17:00 – 15:55 CT (18:00-16:55 EST) |
| Wednesday | 17:00 – 15:55 CT (18:00-16:55 EST) |
| Thursday | 17:00 – 15:55 CT (18:00-16:55 EST) |
| Friday | 17:00 – 15:55 CT (18:00-16:55 EST) |
Please note that the underlying crypto market remains open on weekends and any Crypto FX exposure should be managed and adjusted before the FX trading session closes on Friday evening.
Saxo Crypto FX Trading hours follow the CME Group holiday calendar which is available on the CME Group public website, as well as under the Holiday Overview.
For more information please visit our crypto FX support page.
Buy and hold or trade on leverage
Buy and hold or trade on leverage