Your new trading rates

Find details of our improved spreads and commissions on our most popular products here.


If you have any questions, please don’t hesitate to contact us.

Forex pricing

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INSTRUMENTSClassicPlatinumVIP
EUR USD0.60.50.4
GBP USD0.70.60.4
XAU USD0.100.090.08
USD JPY0.60.50.4
AUD USD0.40.30.3
EUR JPY0.90.80.6

FX options pricing

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InstrumentClassicPlatinumVIP
EUR USD5.04.03.0
USD JPY7.06.05.0
GBP USD10.09.07.0
AUD USD5.04.03.0
EUR JPY10.09.08.0
XAU USD150.0130.0125.0

* Spreads may vary depending on the life, and the strike price, of the individual option.

CFDs pricing

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InstrumentClassicPlatinumVIP
US 301.41.41.4
US 5000.50.50.4
US stocks0.020 USD/stock (min. 10 USD)0.015 USD/share (min. 7 USD)0.010 USD/share (min. 3 USD)
GER 301.01.00.9
UK 1001.00.90.85
Gold0.600.550.50

Contract options pricing

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Commodity optionsClassicPlatinumVIP
Contract Option - GoldUSD 6USD 3USD 1.5
Contract Option - SilverUSD 6USD 3USD 1.5
Contract Option – Brent CrudeUSD 6USD 3USD 1.5
Contract Option - CornUSD 6USD 3USD 1.5

Contract Options Commissions

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ContractClassicPlatinumVIP
AUD
10.005.002.00
EUR
3.002.001.00
GBP
2.501.501.00
USD (Cash Index Options)
6.003.001.50
USD (Future Options)
3.002.001.25
CHF
4.003.001.00
JPY
1000.00800.00700.00
NOK
65.0035.0020.00
SEK
75.0040.0015.00
CAD (Full-sized contracts)
6.003.001.00
HKD (Mini contracts)
30.0020.0010.00

Stocks & ETF commissions

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ExchangeClassicPlatinumVIP
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)

Stock options pricing

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CONTRACT DENOMINATIONClassic commission
per contract
Platinum commission
per contract
VIP commission
per contract
EUR (Stock Options)321
GPB (Stock Options)2.51.51
CHF (Stock Options)431
HKD (Stock Options)302010
USD (Cash Index Options)631.5
USD (Futures Options)321.25

Equity Options Commissions

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CURRENCYCommission ClassicCommission PlatinumCommission VIP
EUR
3.002.001.00
GBP
2.501.501.00
USD
3.002.000.85
CHF
4.003.001.00
HKD
30.0020.0010.00

Futures commissions

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Contract denominationClassicPlatinumVIP
EUR*321
USD321.25
GBP2.51.51
SGD157.52
HKD (Full-sized contracts)453015
CAD631

These commissions apply for each contract and for each trade (buy, sell or at expiry), and exclude exchange fees which are listed under the contract specifications.
*For EUR denominated Power Futures different pricing applies. Read more here.

Bonds pricing

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Type of bondClassicPlatinumVIP
European government bonds0.20% (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 bonds0.20% (min. EUR 80)0.10% (min. EUR 60)0.05% (min. EUR 50)
Emerging markets bonds0.20% (min. EUR 80)0.10% (min. EUR 60)0.05% (min. EUR 50)

* The equivalent if traded in another currency.
** For US government bonds there is an additional external execution fee of 0.0004% embedded in the price.

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.


1 The standard settlement convention of T+2 is applicable for the majority of currency pairs; however there are exceptions to this rule e.g. USDCAD, which has a settlement convention of one day after the trade date (T+1).

2 The global market convention is that the value date rolls forward at 17.00 Eastern Standard Time, however there are exceptions to this rule e.g. NZD, which rolls forward at 07.00 New Zealand Daylight Time.

3 An additional +/- 0.30% mark-up is applied to Mexican Peso (MXN), Russian Ruble (RUB), Turkish Lira (TRY) and South African Rand (ZAR) currency crosses.

4 Applicable to the default rollover methodology.

For clients on the Classic service level, 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 6 consecutive months (180 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.

Trade responsibly
All trading carries risk. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

Saxo Bank A/S is licensed by the Danish Financial Supervisory Authority and operates in the UAE under a representative office license issued by the Central bank of the UAE.

The content and material made available on this website and the linked sites are provided by Saxo Bank A/S. It is the sole responsibility of the recipient to ascertain the terms of and comply with any local laws or regulation to which they are subject.

The UAE Representative Office of Saxo Bank A/S markets the Saxo Bank A/S trading platform and the products offered by Saxo Bank A/S.