Your new trading rates
If you have any questions, please don’t hesitate to contact us.
EUR USD
EUR USD
US 30
Contract Option - Gold| Contract | Classic | Platinum | VIP |
|---|---|---|---|
 AUD | 10.00 | 5.00 | 2.00 |
 EUR | 3.00 | 2.00 | 1.00 |
 GBP | 2.50 | 1.50 | 1.00 |
 USD (Cash Index Options) | 6.00 | 3.00 | 1.50 |
| USD (Future Options) | 3.00 | 2.00 | 1.25 |
 CHF | 4.00 | 3.00 | 1.00 |
 JPY | 1000.00 | 800.00 | 700.00 |
 NOK | 65.00 | 35.00 | 20.00 |
 SEK | 75.00 | 40.00 | 15.00 |
 CAD (Full-sized contracts) | 6.00 | 3.00 | 1.00 |
 HKD (Mini contracts) | 30.00 | 20.00 | 10.00 |
| Exchange | Classic | Platinum | VIP |
|---|---|---|---|
| NASDAQ | 0.02 USD/share (min. USD 10) | 0.015 USD/share (min. USD 7) | 0.01 USD/share (min. USD 3) |
| London Stock Exchange | 0.10% (min. GPB 8) | 0.07% (min. GPB 7) | 0.05% (min. GPB 5) |
 Deutsche Börse (XETRA) | 0.10% (min. EUR 10) | 0.07% (min. EUR 8) | 0.05% (min. EUR 6) |
| Australian Securities Exchange | 0.10% (min. AUD 8) | 0.07% (min. AUD 8) | 0.05% (min. AUD 8) |
| Hong Kong Exchange | 0.25% (min. 100 HKD) | 0.22% (min. 80 HKD) | 0.20% (min. 60 HKD) |
| Tokyo Stock Exchange | 0.15% (min. JPY 1,500) | 0.12% (min. JPY 1,000) | 0.10% (min. JPY 1,000) |
| CONTRACT DENOMINATION | Classic commission per contract | Platinum commission per contract | VIP commission per contract |
|---|---|---|---|
 EUR (Stock Options) | 3 | 2 | 1 |
| GPB (Stock Options) | 2.5 | 1.5 | 1 |
| CHF (Stock Options) | 4 | 3 | 1 |
| HKD (Stock Options) | 30 | 20 | 10 |
| USD (Cash Index Options) | 6 | 3 | 1.5 |
| USD (Futures Options) | 3 | 2 | 1.25 |
| CURRENCY | Commission Classic | Commission Platinum | Commission VIP |
|---|---|---|---|
| EUR | 3.00 | 2.00 | 1.00 |
| GBP | 2.50 | 1.50 | 1.00 |
| USD | 3.00 | 2.00 | 0.85 |
| CHF | 4.00 | 3.00 | 1.00 |
| HKD | 30.00 | 20.00 | 10.00 |
EUR*| Type of bond | Classic | Platinum | VIP |
|---|---|---|---|
 European government bonds | 0.20% (min. EUR 80) | 0.10% (min. EUR 60) | 0.05% (min. EUR 50) |
| US government bonds ** | 0.20% (min. EUR 80) | 0.10% (min. EUR 60) | 0.05% (min. EUR 50) |
| European and US corporate bonds | 0.20% (min. EUR 80) | 0.10% (min. EUR 60) | 0.05% (min. EUR 50) |
| Emerging markets bonds | 0.20% (min. EUR 80) | 0.10% (min. EUR 60) | 0.05% (min. EUR 50) |
Where the instrument currency is different to the account currency, currency conversions of trading costs as well as profit/loss from trading activities are executed using the FX Spot mid-price at the time of closing the position, plus/minus 1% (classic accounts), 0.5% (platinum accounts) or 0.3% (VIP accounts).
Positions held overnight in Listed Futures, CFD Futures, and short Listed Options will be 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. It is charged at the end of each month.
For Futures the funding rate used for calculating the carrying cost is based on the relevant Interbank-rate + markup at: 2.5% (classic accounts), 1.5% (platinum accounts), or 0.5% (VIP accounts).
For short Listed Options the funding rate used for calculating the carrying cost is based on the relevant Interbank-rate + markup at 1.5%.
Carrying Cost = Margin requirement * Days held * (Relevant Interbank rate + Markup) / (365 or 360 days)
Please note that relevant benchmark rates are floored at 0%.
The FX Spot market is used for immediate currency trades. The term “Spot” refers to the standard settlement convention of two business days after the trade date (known as T+2)1 . For example, a EURUSD trade executed on a Monday will settle on a Wednesday (if there is not a public holiday in either currency on Tuesday or Wednesday, in which case the trade will be settled on the next available business day). The settlement period refers to the amount of time that is allotted to both parties to satisfy the trade’s obligations. At Saxo, FX Spot trades do not settle. Instead, open positions held at the end of a trading day (17.00 Eastern Standard Time) are rolled forward to the next available business day2.
The rollover is made up of two components; the Tom/Next swap points (Forward Price) and the financing of unrealised profit/loss (Financing Interest).
1. Tom/Next swap points (Forward Price)
The swap points used are calculated using market swap prices from Tier-1 banks, plus/minus a mark-up corresponding to +/- 0.60% (classic clients) or +/-0.35% (platinum clients)3 or +/-0.25% (VIP clients)3 of the Tom/Next interest swap rates. The final rate is used to adjust the opening price of the position4.
2. Financing of unrealised profit/loss (Financing Interest)
Any unrealised profit/loss on positions that are rolled from one day to the next are subject to an interest credit or debit. The unrealised profit/loss is calculated as the difference between the opening price of a position (possibly corrected for previous Tom/Next rollovers) and the Spot price at the time that the rollover is performed.
The rate is calculated based on the daily market overnight interest rates plus/minus a mark-up corresponding to +/-2.50% (classic clients) or +/- 2.00% (platinum/VIP clients). The final rate is used to adjust the opening price of the position3.
An inactivity fee on the amount of USD 150.00 –or the equivalent amount in the account currency- will be charged where the client does not execute any trades on his/her account for a period of 180 consecutive calendar days.
A fee of 0.15% p.a. is charged on classic accounts, platinum accounts are charged a fee of 0.12% p.a. and VIP accounts a fee of 0.05% p.a. with open Bond, Stock and ETF/ETC positions, with a minimum monthly fee of EUR 5 (or account currency equivalent). Fees are calculated daily, but debited on a monthly basis.