Trade forex on an award-winning platform

Access 182 Forex pairs across majors, minors and exotics, plus spot metals, from only 0.4 pips

Saxo platforms

Forex Trading with Saxo Markets

  • Ultra-competitive FX spreads
    Trade major FX pairs from 0.4 pips. Competitive entry prices and even lower rates for active forex traders.
  • Best-in-class execution
    Tier 1 liquidity gives higher fill-rates, fewer premature stop-outs and significant price improvements.
  • Award-winning platform
    Benefit from integrated Trade Signals, news feeds and innovative risk-management features.
  • Expert service, trusted for 25 years
    With 800,000+ satisfied customers, Saxo Markets offers world-class service around the clock.

    Tight, all-inclusive Forex Trading spreads

    See how our entry prices compare to our competitors'.

    Instrument
    EUR USD0.6 0.60.71.10.6
    USD JPY0.6 0.70.71.20.7
    GBP USD0.7 0.91.01.30.8
    AUD USD0.5 0.60.71.30.7
    EUR JPY0.7 1.51.51.61.2

    Source: Comparable pricing available on websites of respective brokers as of 7 February 2020.
    Saxo prices are indicative of prevailing classic tier pricing. For most up to date pricing, existing clients should refer to the trading platform.


    Receive lower prices as you trade more with our Platinum and VIP account tiers. Learn more

    See all FX prices

    Best-in-class forex execution

    Access tier 1 liquidity to receive higher fill-rates, fewer premature stop-outs and significant price improvements.

    • Tier 1 liquidity
      To provide you with the best price possible, we derive our prices from a broad range of tier 1 institutions. These include banks, ECNs and market-making firms with unique liquidity.
    • Fewer premature stop-outs
      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.
    • Significant price improvements
      Our fully customised orders offer you greater control over your trading. With no asymmetric slippage, you could benefit from significant price improvements on every trade.
    • Full transparency of execution statistics
      We fully disclose our dealing practices and never trade against you in the market. Our commitment to transparency shows that our interests are aligned with yours.

      Find your next trade

      Get actionable insights into current market movements.

      See whether Saxo clients are buying or selling the forex pairs below.

      Instrument
      Sellers
      Buyers
      BidAskChange (1D)
      Australian Dollar/Japanese Yen
      AUDJPY
      57%
      43%
      73.91273.962
      -0.27%
      US Dollar/Japanese Yen
      USDJPY
      47%
      53%
      111.539111.589
      -0.49%
      Euro/US Dollar
      EURUSD
      40%
      60%
      1.084571.08558
      +0.62%
      Euro/Australian Dollar
      EURAUD
      43%
      57%
      1.636581.63743
      +0.38%
      Euro/Swiss Franc
      EURCHF
      53%
      47%
      1.061051.06145
      -0.01%

      Client sentiment data shows the percentage split between buyers and sellers on today’s most popular instruments. Data is delayed by up to 30 minutes. See the full disclaimer for more information.

      See whether Saxo clients are buying or selling the forex pairs below.

      Instrument
      Change (1D)
      Australian Dollar/Japanese Yen
      AUDJPY
      -0.27%
      Sellers
      57%
      Buyers
      43%
      Bid
      73.912
      Ask
      73.962
      US Dollar/Japanese Yen
      USDJPY
      -0.49%
      Sellers
      47%
      Buyers
      53%
      Bid
      111.539
      Ask
      111.589
      Euro/US Dollar
      EURUSD
      +0.62%
      Sellers
      40%
      Buyers
      60%
      Bid
      1.08457
      Ask
      1.08558
      Euro/Australian Dollar
      EURAUD
      +0.38%
      Sellers
      43%
      Buyers
      57%
      Bid
      1.63658
      Ask
      1.63743
      Euro/Swiss Franc
      EURCHF
      -0.01%
      Sellers
      53%
      Buyers
      47%
      Bid
      1.06105
      Ask
      1.06145

      Client sentiment data shows the percentage split between buyers and sellers on today’s most popular instruments. Data is delayed by up to 30 minutes. See the full disclaimer for more information.

      Trade Forex on our award-winning trading platform

      Trade Forex on our award-winning trading platform

      SaxoTraderGO is our powerful yet easy-to-use platform. Trade from PC, Mac, tablet or smartphone.

      Powerful FX trading tools

      Benefit from extensive charting with 50+ technical indicators, integrated Trade Signals and innovative risk management tools.

      Trade 182 FX spot pairs and 140 forwards

      Access 40,000+ instruments. Trade FX, FX options, CFDs, stocks, ETFs, futures, listed options and bonds from a single cross-margin, multi-currency account.

      Frequently asked questions

      Our initial margin rates start at 5% for major FX pairs including EURUSD, USDJPY, USDCAD, EURJPY and more. If you qualify as an Accredited Investor, our initial margin rates start at 2% for major FX pairs.

      See a full list of our FX margin rates for retail clients.

      Read more about Forex margins here.

      You can find more information about the FX value date rollover, rollover procedure and historical swap points here.

      Both our SaxoTraderGO and SaxoTraderPRO platforms offer you a fast and intuitive forex trading experience.

      However, if you’d like some help getting started, we’ve put together a short guide on how to trade forex on SaxoTraderGO, which highlights the key features you’ll need.

      Derive the value of potential price improvements on every trade. Assume greater control of your trading, and achieve an optimal balance between fill ratio and price level through our fully customised orders.

      Saxo offer a variety of orders, including Market, Limit and Stop orders. To learn more please see Orders and Execution Statistics.

      To learn more about how Saxo executes orders on behalf of its clients, please refer to our Order Execution Policy.

      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 trading and seize market opportunities.

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

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

      Whereas the FX spot market is for immediate currency trades, the FX forward market is the market for trading currencies for delivery at some point in the future. FX forward outrights enable you to agree a price today (the FX forward price) at which two currencies will be exchanged on a predetermined date in the future. FX swaps likewise enable you to agree a price today at which two transactions will be executed. An FX swap is a simultaneous purchase and sale, or vice versa, of one currency for another currency with two different value dates; two parties agree upon a currency exchange on one day and simultaneously agree to unwind or reverse that transaction on a specified date in the future.

      At Saxo, we provide full electronic access to trade FX forward outrights and FX swaps in 100+ currency pairs with maturities from 1 day to 12 months.

      To understand the FX forward outright trading conditions please click here.

      For more information on FX swaps please click here

      NDFs are tradable offline only through the Global Sales Trading desk. An initial FX margin requirement of 9% is applicable (8% maintenance margin) and 1% interest rate margin (subject to change). There is a minimum trade size of USD 100,000 or equivalent and a Net Open Position (NOP) limit of 3 million USD. A higher margin requirement may apply depending on the level of exposure. Prior to trading this product an addendum to Saxo’s General Business Terms must be signed.

      NDFs are tradeable offline only with maturities from 1 day to 12 months.

      The following currency pairs are available to trade: USDBRL, USDCLP, USDCOP, USDCNY, USDIDR, USDINR, USDKRW, USDPEN, USDPHP, USDTWD.

      Find more information about our general charges here.

      You can review our trading conditions for Forex here.

      24-hour expert service

      24-hour expert service

      Whether you’re a high- or low-volume trader, you’ll receive first-class support tailored to your needs.

      Integrated digital support
      Access our self-service support centre, email helpdesk and a range of educational courses.

      24-hour customer service
      Get support for technical matters and account queries whenever markets are open.

      Relationship managers and sales traders
      Active traders benefit from a dedicated point of contact and access to our world-class trading experts.

      Exclusive VIP services
      Receive our very best prices, priority support and exclusive event invitations.

      Trusted for more than 25 years

      Trusted for more than 25 years

      Fully regulated
      We adhere to the strictest regulatory standards, and are fully licensed and regulated in 15 jurisdictions across Europe, the Middle East and Asia.

      Financial strength
      We’re a financially stable company with a robust balance sheet. We serve clients in 170 countries, hold USD 16bn in AUM and process 1m transactions daily.

      Multi-award winner
      We’ve been consistently recognised by our industry and have won the highest accolades for our products, platform and service.

      Ready to get started?

      Opening an account takes around 5 minutes 

      Did you find the information you were looking for on this page?

      Saxo Capital Markets Pte Ltd ('Saxo Markets') is a company authorised and regulated by the Monetary Authority of Singapore (MAS) [Co. Reg. No.: 200601141M ] and is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms & Risk Warning to consider whether acquiring or continuing to hold financial products is suitable for you, prior to opening an account and investing in a financial product.

      Trading in financial instruments carries various risks, and is not suitable for all investors. Please seek expert advice, and always ensure that you fully understand these risks before trading. Trading in leveraged products such as Margin FX products may result in your losses exceeding your initial deposits. Saxo Markets does not provide financial advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Markets does not take into account an individual’s needs, objectives or financial situation.

      The Saxo trading platform has received numerous awards and recognition. For details of these awards and information on awards visit www.home.saxo/en-sg/about-us/awards.

      The information or the products and services referred to on this website may be accessed worldwide, however is only intended for distribution to and use by recipients located in countries where such use does not constitute a violation of applicable legislation or regulations. Products and Services offered on this website is not intended for residents of the United States and Japan. Please click here to view our full disclaimer.

      This advertisement has not been reviewed by the Monetary Authority of Singapore.