CFD pricing

Find details of our industry-leading CFD prices and low trading costs.

Execution prices

We have three pricing tiers. Pay less as you trade more.
Learn more about our account tiers

Swipe left or right for more
Instrument NameSymbolSpread Minimum ClassicSpread Minimum PlatinumSpread Minimum VIPMin. trade sizeTrading hours
German Government
10 year Bund
BUND0.0300.0250.02050 CFDs01:16-22:00
German Government
5 year Bobl
BOBL0.0300.0250.02050 CFDs01:16-22:00
German Government
2 year Schatz
SCHATZ0.0150.0100.01050 CFDs01:16-22:00
Italian Government
10 year BTP
10YBTP0.0500.0400.03050 CFDs08:01-18:55
French Government
10 year OAT
10YOAT0.0500.0400.03050 CFDs08:01-18:55

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 country of client residence.

Other costs

As Index CFDs at Saxo Markets are margined products, 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 are not subject to overnight financing. When you hold an Index CFD position overnight, your CFD position will consequently be subject to the following credit or debit:

  • Holding Long CFD Stock Index Tracker positions after 17:00 EST (New York time) incurs a financing charge which is calculated as follows:
    • Index Value * Number of CFDs * (relevant Inter-Bank Offered Rate + 2.50%) * (Actual Number of Days/360 or Actual Number of Days/365)
  • Holding Short positions after 17:00 EST (New York time) creates a financing credit which is calculated as follows:
    • Index Value * Number of CFDs * (relevant Inter-Bank Bid Rate – 3.00%) * (Actual Number of Days/360 or Actual Number of Days/365)

Please note the following:
A) A floor will apply to the relevant Inter-Bank Bid/Offer Rate, i.e. if the Inter-Bank Rate is negative, then it will be excluded from the financing calculation.
B) If the calculated financing rate on a short position (Inter-Bank Bid Rate – mark-down) is negative, then the financing credit will become a financing charge.

As Single Stock CFDs at Saxo Markets are a margined product, 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 are not subject to overnight financing. When you hold a Single Stock CFD position (or an ETF/ETC CFD position) overnight, i.e. have an open CFD position at close of market on the Stock Exchange, your CFD position will consequently be subject to the following credit or debit

  • When you hold a long CFD position, you are subject to a debit calculated on the basis of the relevant Inter-Bank Offer Rate for the currency in which the underlying share is traded (e.g. - LIBOR) plus a mark-up (times Actual Days/360 or Actual Days/365).

  • When you hold a short CFD position, you receive a credit calculated on the basis of the relevant Inter-Bank Bid Rate for the currency in which the underlying share is traded (e.g. LIBID) minus a mark-down (times Actual Days/360 or Actual Days/365).

The credit/debit is calculated on the total nominal value of the underlying Stocks at the time the CFD contract is established (whether long or short).

Please note the following:

  • A floor will apply to the relevant Inter-Bank Bid/Offer Rate, i.e. if the Inter-Bank Rate is negative it will be excluded from the financing calculation.

  • If the calculated financing rate on a short position (Inter-Bank Bid Rate – mark-down) is negative, the financing credit will become a financing charge.
MarketSymbolLong positions (mark-up)Short positions (mark-down)

North America & Canada

NASDAQNASDAQ & NSC+3.50%-3.00%
New York Stock ExchangeNYSE & ARCA+3.50%-3.00%
NYSE MKTAMEX+3.50%-3.00%
Toronto Stock ExchangeTSE+3.50%-3.00%

Europe / Middle East / Africa

Athens ExchangeAT+4.50%-4.00%
BME Spanish ExchangesSIBE+3.50%-3.00%
Budapest Stock ExchangeBUX+3.50%-3.00%
Deutsche Börse (XETRA)FSE+3.50%-3.00%
Irish Stock ExchangeISE+3.50%-3.00%
London Stock ExchangeLSE_SETS+3.50%-3.00%
London Stock Exchange (IOB)LSE_INTL+3.50%-3.00%
Milan Stock ExchangeMIL+3.50%-3.00%
NASDAQ OMX CopenhagenCSE3.50%-3.00%
NASDAQ OMX HelsinkiHSE+3.50%-3.00%
NASDAQ OMX StockholmSSE+3.50%-3.00%
NYSE Euronext Amsterdam (AEX)AMS+3.50%-3.00%
NYSE Euronext BrusselsBRU+3.50%-3.00%
NYSE Euronext LisbonLISB+3.50%-3.00%
NYSE Euronext ParisPAR+3.50%-3.00%
Oslo Stock ExchangeOSE+3.50%-3.00%
Prague Stock ExchangePRA+3.00%-5.00%
SIX Swiss ExchangeSWX & VX+3.50%-3.00%
Vienna Stock ExchangeVIE+3.50%-3.00%
Warsaw Stock ExchangeWSE+3.50%-3.00%

Asia / Pacific

Johannesburg Stock ExchangeJSE+5.00%-3.50%
Australian Securities ExchangeASX+3.50%-3.00%
Hong Kong ExchangesHKEX+3.50%-3.00%
Singapore ExchangeSGX-ST3.50%-3.00%
Tokyo Stock ExchangeTYO+3.50%-3.00%

A borrowing cost may be applied to short Single Stock CFD positions held overnight. This borrowing cost is dependent on the liquidity of the underlying Stocks and may be zero (0) for high liquidity Stocks. The specific borrowing rate for a Stock can be seen as the 'Borrowing Rate' under 'Account' > 'Trading Conditions' > 'CFD Stock/Index Instrument List' on the platform.

When selling a CFD, the borrowing cost for holding the position overnight is shown in the CFD Trade module in the 'Estimated borrowing cost per day' field. The borrowing rate will be fixed when the position is opened and will be charged on a monthly basis. Please be aware, that for certain corporate action events, the borrowing rate on the short position may be reset to the current rate in the market, upon the 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.

Overnight positions in Expiring CFDs are subject to a carrying cost. The carrying cost is calculated on the basis of 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 relevant Interbank-rate + markup (150 bps).

Carrying Cost = Margin requirement * Holding time * (Relevant Interbank rate + Markup) / (365 or 360 days)

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 30GER30.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.

See all our prices

Get ultra-competitive spreads and commissions across all asset classes, and receive even better rates as your volume increases. 

Ready to get started?

Opening an account takes around 5 minutes 

Saxo Markets
3 Church Street, #30-00
Samsung Hub
Singapore 049483

All departments are available 08:30 to 17:30 Monday to Friday.

Singapore

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.