Trade options
BrokerChooser, 2026
Options can be useful instruments in various trading strategies. When bought, they give you the right, but not the obligation, to buy or sell an underlying asset at a specific price within a specified period.
Options are highly speculative, and you should understand the risks involved. Underlying assets such as stocks and indices can be volatile, and your investment can lose value; as options are traded on margin, you may even lose more than your initial investment.
Read more about options trading risks.
| Popular instruments | Commission from |
|---|---|
| USD 0.75 | |
| GBP 1.00 | |
| EUR 0.75 |
| Popular instruments | Commission from |
|---|---|
| USD 0.75 | |
| EUR 0.75 | |
| EUR 0.75 |
| Popular instruments | Commission from |
|---|---|
| USD 0.75 | |
| USD 0.75 | |
| EUR 0.75 |
Based on the strategy you choose, options can help you hedge your stock portfolio, generate extra income, or do volatility play.
Strategies you can use:Qualify for lower fees and better service when you make more trades or increase your account value. Read more details about account tiers to find out different ways to earn points.
Learn about account tiersTo avoid extra conversion fees, choose from 24 different currencies and open up to 4 currency sub-accounts. The available currencies and number of sub-accounts that can be opened depend on your account type and country of residence.
Contact us to learn moreOn our trading conditions page you can find information about market orders, order routing, exchange- and market-specific conditions, corporate actions, and more.
See trading conditionsYes, portfolio-based margin is available for professional clients, a model which calculates the overall risk of your portfolio, rather than individual positions. This method can lower margin requirements, enabling more efficient capital utilisation and better risk management.
Learn about portfolio-based marginBefore investing in options, you’ll want to do some research and consider your goals. As with any investment, there are risks that you should be sure to understand before you trade options. Our website and platform offer expert analysis, news, and more content to help you get started.
To learn about options in general, what a put option and call option is, the associated risks, and why they can be a strategic trading product, you can check out our options deep dive.
There are many reasons to invest in options; they provide flexibility to hedge, speculate, or enhance returns by allowing you to buy or sell assets at predetermined prices. Compared with stocks, options provide this flexibility with less required capital due to leverage. However, options also come with higher complexity and potential for loss.
With a trading account, you can choose from over 3,100 options to fit your trading strategy. You can always check out our trading platform ahead of time and get familiar with the expert content, news, and more so you’re ready to start trading once you have an account.
Protections can vary depending on the Saxo entity and the type of product or service provided.
Saxo is a Danish bank authorised and supervised by the Danish Financial Supervisory Authority. We're therefore subject to applicable regulatory requirements, including rules on client funds, client assets, and reporting.
For retail clients who have an account with Saxo Bank A/S in MENA, cash deposits and certain assets may be covered by the Danish Guarantee Fund, subject to eligibility and scheme limits. These protections do not cover investment losses or losses resulting from market movements.
Saxo licences and regulation
We offer you greater control of your trading via our fully customised orders.
Our policy is designed to ensure client orders are executed promptly, efficiently, and with the best possible terms.
That depends on the account type you open.
For an individual account, these are the documents you’ll need to provide:
Most sign-ups for individual accounts are approved digitally within a short time. However, since we cannot compromise on security checks, the process can take longer.
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