Trade forex options on the best FX trading platform1

Access 44 FX vanilla and six binary touch options, with maturities from one day to 12 months.

Industry-leading prices

All-inclusive spreads from 5 pips – get our best rates when you fund and trade more.

Trading flexibility

Forex options provide more alternatives to manage risk, express an opinion on the underlying spot price, or take a view on future volatility.

Award-winning FX trading platforms

Fast and reliable access to the markets from your phone, tablet, laptop, or multi-screen desktop setup.

24/5 expert service

Professional support whenever markets are open, including technical assistance, market analysis and access to personal sales traders.

Tight, all-inclusive spreads

We offer three levels of pricing depending on your initial funding and trading volume. See our live 30 day at-the-money spreads here.

30 day at-the-money spreads*ClassicPlatinumVIP
EUR USD0.00070.00060.0005
USD JPY0.070.060.05
GBP USD0.00110.00090.0008
AUD USD0.00060.00050.0004
EUR JPY0.100.090.08
XAU USD1.601.431.31

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

All prices shown on this page are offered to new Saxo clients. Existing clients can access pricing information directly in the trading platform.

More trading flexibility

Wide range of maturities

With maturities from one day to 12 months, traders can choose the expiration and strike price that best suits their strategy and market view.

Better risk management

In addition to traditional stop-loss orders, FX options offer more alternatives to controlling risk. They can be used to hedge current FX positions, or express a view on future volatility.

Award-winning trading platforms

Award-winning trading platforms

The best retail forex platform1
The award-winning, multi-device SaxoTraderGO partners seamlessly with SaxoTraderPRO, our professional-grade platform for advanced traders.

Robust option chain functionality
Easily create and personalise option chains and build links to quickly switch between instruments.

High-quality analytics
Our professional-grade suite of real time reports provide detailed analysis of FX spot and options positions, across multiple pairs.

24/5 expert service

Personal relationship managers

An individual point of contact for platform, trading and account queries.

Dedicated sales traders

Live market commentary, risk management and post-trade support from our senior sales traders.

In-house analysts

News and commentary on all major asset classes from our global team of market analysts – #SaxoStrats.

Integrated digital support

Self-service support centre, email helpdesk, and suggested news and educational content based on your trading history

24-hour customer service

With offices in 16 countries, a team of experts is on call 24/5 to assist with technical and account questions.

Local language assistance

Each team member is a Saxo platform specialist and fully-immersed in their local market.

Winner of +100 platforms and service awards

See all awards

35,000 instruments. Eight asset classes. One account


FAQs

You can see our trading conditions for FX Options here.

We have compiled a comprehensive product guide about FX vanilla options which you can download here.

Furthermore, you can find additional information about FX vanilla options below:

Yes. Whether you’re new to trading or looking to refine your knowledge, we have a range of educational videos and online courses that will suit your needs.

In addition, our experts run a series of webinars to help you broaden your understanding of forex and FX options trading.

Our expert strategists regularly post news, analysis and commentary to help you stay one step ahead of developments in the market and provide actionable trade ideas.

You can access their posts in the Insights section of our website, or directly through our trading platform.

Start trading with Saxo

Register

Choose an account tier and submit your application

Fund

Add funds quickly and securely via debit card or bank transfer

Trade

Access 40 FX options, 182 FX spot pairs and 140 forwards

risk-icon--red

FX Options Risk Warning

An option is categorised as a red product as it is considered an investment product with a high complexity and a high risk.

You should be aware that in purchasing Foreign Exchange Options, your potential loss will be the amount of the premium paid for the option, plus any fees or transaction charges that are applicable, should the option not achieve its strike price on the expiry date

Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation you may subsequently be called upon to pay margin on the option up to the level of your premium. If you fail to do so as required, your position may be closed or liquidated.

If you write an option, the risk involved is considerably higher than buying an option. You may be liable for margin to maintain your position and a loss may be sustained well in excess of the premium received.

By writing an option, you accept a legal obligation to purchase or sell the underlying asset if the option is exercised against you; however far the market price has moved away from the strike. If you already own the underlying asset that you have contracted to sell, your risk will be limited.

If you do not own the underlying asset the risk can be unlimited. Only experienced persons should contemplate writing uncovered options, then only after securing full detail of the applicable conditions and potential risk exposure.

Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red. For more information click here 

References:

1 FX Week Awards 2018: Best Retail Forex Platform.