Crypto FX pricing
Execution prices
Retail
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Financing details
Saxo offers access to crypto through exchange traded products (ETPs) and a variety of Crypto FX pairs e.g. BTCUSD, LTCEUR and ETHJPY.
A crypto wallet is not required because you do not own the underlying coins when trading ETPs or Crypto FX pairs. This also means that there is no need for cold storage solutions or recovery seeds.
Saxo does not allow funding or withdrawal in cryptocurrencies.
Crypto FX pairs are available on the SaxoTraderGO and SaxoTraderPRO platforms.
Crypto FX pairs support fractional trading which allows you to trade in fractions of a crypto.
This provides the possibility to scale your position with greater precision and does not limit you to trading crypto in full integer amounts.
This provides the possibility to scale your position with greater precision and does not limit you to trading crypto in full integer amounts.
| Minimum trade size | |
|---|---|
| BTC | 0.01 BTC |
| ETH | 0.1 ETH |
| LTC | 1 LTC |
Crypto FX pairs are not subject to a minimum commission.
You can short crypto using Crypto FX pairs, allowing you to benefit from falling prices.
Crypto FX is open for trading 24 hours a day, 5½ days a week, opening on Sunday evening at 18:00 Eastern Time (ET) and closing on Friday evening 17:00 Eastern Time.
Please note that the underlying crypto market remains open on weekends and any Crypto FX exposure should be managed and adjusted before the FX trading session closes on Friday evening.
Find more information about Crypto FX trading hours here.
Please note that the underlying crypto market remains open on weekends and any Crypto FX exposure should be managed and adjusted before the FX trading session closes on Friday evening.
Find more information about Crypto FX trading hours here.
The trading profit/loss will always be settled in the second currency in the Crypto FX pair which is always the fiat currency e.g. BTCUSD will be settled in USD and converted to your account currency.
Crypto FX positions do not settle into physical crypto. Instead, open positions held at the end of a trading day (17:00 Eastern Standard Time) are rolled forward to the next available business day.
You can find more information on the rollover procedure along with Historic swap points here.
You can find more information on the rollover procedure along with Historic swap points here.
You can find the full point catalogue for SaxoRewards here.
Crypto FX pairs are leveraged instruments which allow you to open positions in greater size than you available collateral. Please note that leveraged instruments amplify both trading gains and losses. You can find the relevant margin requirements for Crypto FX pairs here.
Saxo Bank will apply an Exposure Limit of USD 200,000 per coin for Retail and USD 500,000 per coin for Professionals on BTC & ETH pairs. LTC pairs are subject to Exposure limits of USD 50,000 for Retail clients and USD 200,000 for Professionals.
Please see below for the margin requirements.
Retail clients
| Initial Margin / Maintenance Margin | Exposure limit | |
|---|---|---|
| BTC | 50%/40% | USD 200,000 |
| ETH | 60%/50% | USD 200,000 |
| LTC | 60%/50% | USD 50,000 |
Professional accounts
| Initial Margin / Maintenance Margin | Exposure limit | |
|---|---|---|
| BTC | 40%/30% | USD 500,000 |
| ETH | 50%/40% | USD 500,000 |
| LTC | 50%/40% | USD 200,000 |
See all our prices
