CFDs: Transaction fees that fit your needs

You have different transaction fees depending on the plan you are on. For high-volume trading, you can upgrade your plan and get lower transaction fees and cash rebates. Learn more about our plans.

For clients whose Saxo accounts were opened before 1 February 2024, the information below applies until (and including) 3 March 2024. From 4 March 2024, our new account tiers and pricing will apply.

For clients whose Saxo accounts were opened from 1 February 2024 onward, please click here to refer to our new account tiers and pricing.
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PlatinumDiamondFractional amountTrading hours(2)

Asia / Pacific

Australia 200
2221.510.0109:50 - 08:00(2)
Hong Kong
777650.109:15 - 03:00(2)
Japan 225
10101086-08:30 - 06:15(2)

North America

US Tech 100 NAS
1110.70.50.0118:00 - 17:00
US 30 Wall Street - 17:00
US 500 - 17:00


Belgium 20
1313131212-09:10 - 17:25
Denmark 25 - 16:55
EU Stocks 50 - 22:00
France 40
111110.0108:01 - 22:00
Germany 40
2221.510.102:15 - 22:00
Germany Mid-Cap 50
35353530250.109:10 - 17:25
Germany Tech 30 - 17:25
Netherlands 25 - 22:00
Norway 25
1110.90.8-09:10 - 16:20
Portugal 20
2525252015-08:10 - 16:25
Spain 35
8886.540.0108:00 - 20:00
Sweden 30
0.650.650.650.550.450.109:00 - 17:25
Switzerland 20
3332.51.750.0108:00 - 22:00

Index CFDs contract details (expiring)

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Trading hours
US2000 - 16:00
China 50
121212111109:01 - 01:55
UK 100
0.850.850.850.850.8501:00 - 21.00
UK Mid 250
444444424009:05 - 16.55
Singapore - 01:55
Taiwan - 01:55

(1) Spreads: the spreads indicated are minimum spreads and depend on the spread of the underlying futures contract. If the underlying future trades at a spread that is larger than the minimum spread, the Index spread will be increased with the additional spread from the future. Example: Germany 40 normal spread is 1.5 index points if the future spread is 0.5 indicating normal conditions. If the liquidity is low in the future and the spread is 1, the Index spread will be 1.5 + (1 - 0.5) = 2.

(2) Trading hours are stated in the local hours of the underlying exchange - please note that the Hong Kong Index trading session has a mid-session break between 12:00-13:00 and an evening break between 16:30-17:15, the trading session in Japan 225 has a break between 15:25 and 15:55 and the Australia 200 there is a break between 16:30 and 17:10. For CHINA50 there is a mid-session break between 15:55 and 16:41. For INDIA50 there is a mid-session break between 18:05 and 19:16.For SINGAPORE there is a mid-session break between 17:10 and 18:16. For TAIWAN there is a mid-session break between 13:45 and 14:36.

The above prices are based on contract size for 1 index. All prices shown on this page are offered to new Saxo clients. Existing clients can access pricing information directly in the trading platform.

Actual price varies based on the client's country of residence.

Please refer to the trading platform (and pre-trade tickets) for the prevailing charges and fees, in the event of any perceived inconsistencies.

Other costs

When you trade CFDs at Saxo Markets, you finance the traded value through an overnight credit/debit charge. If you open and close a CFD position within the same trading day, you will not be subject to overnight financing.

When you hold a CFD position overnight, your CFD position will consequently be subject to the following credit or debit charge:

  • Holding Long CFD position after 17:00 EST incurs a financing charge, which is calculated as follows:
    • Price x No. of CFDs x (Saxo Offer financing rate + markup) x (Day count convention*)
  • Holding Short CFD position after 17:00 EST creates a financing credit, which is calculated as follows:
    • Price x No. of CFDs x (Saxo Bid financing rate - markdown) x (Day count convention*)

  • *See Benchmark Rates

     Overnight financing markup/down ratesBronze SilverGoldPlatinum Diamond
     Index CFDs and Single Stock CFD's     
     Long/Short positions+/-3.50% +/-3.25% +/-3.00% +/-2.75% +/-2.5% 
Short positions in single stock CFDs held overnight are subject to a borrowing fee, which is related to the cost of borrowing the underlying shares in the market. The fee varies for each CFD, depending on market conditions and the availability of shares. Instruments in high demand for short selling on the broader market can experience an increased cost of borrowing the underlying shares.

The borrowing rate will be fixed when the position is opened, at a minimum of 0.50%, and will be charged on a monthly basis. Please note that for certain corporate action events the borrowing rate on the short position may be reset to the current rate in the market upon execution of the corporate action.

If you open and close a CFD position within the same trading day, you are not subject to borrowing costs. The specific borrowing rate for a stock can be seen as the 'Borrowing costs' under 'Trading rates' in the ‘Trading Conditions' of the instrument on the platform.

Overnight positions in Expiring CFDs are subject to a carrying cost. The carrying cost is calculated based on the daily margin requirement and applied when a position is held overnight. The funding rate used for calculating the carrying cost is based on the Carrying Cost Rate.

Carrying Cost = Margin requirement * Days held * Carrying Cost Rate / (365 or 360 days)

You can refer to the carrying cost under our General Charges page here.

The Bid/Ask spread will be equal to the minimum target spread in approx. 99% of the quote updates, during the opening hours of the underlying cash market.

This gives clients an improved trading experience and a high degree of certainty with regards to trading costs associated with entering and closing CFD Index Tracker positions.

Please note that Fixed spreads are available for selected CFD indices only apply under normal market conditions up to the trade amounts listed in the table below.

Index Tracker NameSymbolTrade amount (contracts)*
US Wall Street 30US30.I15
US 500US500.I100
US Tech 100 NASUSNAS100.I25
EU StocksEU50.I100
France 40FRA40.I10
Germany 40GER40.I10
Italy 40ITALY40.I10
Netherlands 25NETH25.I10
Spain 35SPAIN35.I20
Sweden 30SWE30.I100
Switzerland 20SWISS20.I10
UK 100UK100.I20
Australia 200AUS200.I10
Japan 225JPY225.I1,000
Hong KongHK50.I25

* Fixed spreads only apply under normal market conditions and up to the indicated trade amount.

Find more information about our general charges here.

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