Efficient trade ticket
Trade in fewer clicks with our optimised trade ticket designed for speed while providing all the info you need in the ticket itself.
| Popular pairs | Minimum spread | Initial margin* |
|---|---|---|
 EURUSD | 0.5 pips | 3.33% |
 GBPUSD | 0.5 pips | 4% |
 USDJPY | 0.6 pips | 4% |
| Popular pairs | Minimum spread | Initial margin* |
|---|---|---|
 BTCUSD | USD 201 | 50% |
 ETHUSD | USD 11.50 | 60% |
 BTCEUR | USD 185 | 50% |
| Popular pairs | Minimum spread | Initial margin* |
|---|---|---|
 EURUSD | 3 pips | 3.33% |
 USDJPY | 4 pips | 4% |
 XAUUSD | 140 pips | 7% |
Please note, these fees are indicative and may vary according to your country of residence.
*Initial margin for retail clients. Professional clients can get lower margin requirements.
No third-party fees
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Technical analysis and advanced charting tools
Get integrated trade signals plus 85+ technical indicators, annotation and drawing tools, and quick trading straight from the chart. -
Extensive risk management tools
Use stop-limit orders, trailing stops, account-wide stop loss, cancel all orders, margin monitoring, FX exposure reports, and more to help manage your risk. -
Comprehensive option chain
Trade directly from the option chain and access real-time data plus crucial metrics like the Greeks and volatilities. -
Third-party tools and APIs
Tailor your setup with OpenAPI, FIX API, and plugins, including TradingView and MultiCharts.
More reasons to trade FX with Saxo
With Saxo, you’ll get an average execution speed of 0.012 seconds on market orders (March 2025 statistics) and no asymmetric slippage. Our fully customised orders offer you potential price improvements on every trade and an optimal balance between fill ratio and price level.
To protect you from being stopped out early, we trigger stop orders on the opposite side of the spread, based on a neutral price from a primary inter-bank venue.
We fully disclose our dealing practices and never trade against you in the market.
Retail FX traders covered by ESMA regulation are eligible for negative balance protection, which prevents you from losing more money than what’s in your account.
Contact us to learn moreWith tiered margin, the average margin requirement (“blended margin requirement”) increases with the level of exposure. As the level of exposure decreases, the margin requirement also decreases.
We use a tiered margin methodology for FX spot, forwards, and FX options.
If you are eligible for a professional account, you can take advantage of better margin rates and waive certain protections to have greater trading flexibility.
See how to qualifyWe’re a licensed Danish bank regulated in 15 countries and your deposits are backed by the Danish Guarantee Fund up to EUR 100,000.
Read about us-
Webinars
Regular sessions designed to help you become a better investor -
Real-time news
Daily commentary and in-depth analysis across the global markets available directly in the platform -
Podcasts
A quick way to get up to speed on market news and upcoming risks and opportunities
Forex trading FAQs
On our trading conditions page you can find information about market orders, order routing, exchange- and market-specific conditions, corporate actions, and more.
See trading conditionsRead our margin information page to find out more about initial and maintenance margin. You can also find details about professional margin rates and how to qualify.
Review margin requirements
Review margin requirements
We’re a regulated Danish bank. This means we’re under the supervision of the Danish FSA and comply with stringent reporting requirements and client management regulations.
Your funds are protected via the Danish Guarantee Fund up to EUR 100,000.
Your securities are also protected by the Danish Guarantee Fund. Generally, securities would be returned to you in cases like suspension of payment or compulsory winding up. If we’re unable to return them, they are covered up to EUR 20,000 per client.
We offer you greater control of your trading via our fully customised orders.
See our published FX order execution statistics by month for our most traded FX spot currency pairs.
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:
- A document as proof of identity (e.g., a passport, ID card) and a selfie.
- A document as proof of residence
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.
Open an account