Futures Trading Commissions
| CONTRACT /CURRENCY | Commission Classic | Commission Platinum | Commission VIP |
|---|---|---|---|
 AUD | 10.00 | 5.00 | 1.00 |
 EUR | 6.00 | 3.00 | 1.00 |
 GBP | 5.00 | 2.50 | 1.00 |
 SGD | 10.00 | 7.50 | 2.00 |
 USD | 6.00 | 3.00 | 0.85 |
 CHF | 8.00 | 4.00 | 1.50 |
 JPY | 1000.00 | 800.00 | 700.00 |
 SEK | 75.00 | 40.00 | 15.00 |
 CAD | 6.00 | 3.00 | 1.00 |
 HKD (Full-sized contracts) | 30.00 | 25.00 | 15.00 |
| HKD (Mini contracts) | 30.00 | 25.00 | 15.00 |
 NZD | 15.00 | 7.50 | 3.00 |
If you trade more than 5,000 contracts per month please contact us for pricing.
As a special introductory offer, Saxo Bank will offer trading of all HKD contracts at mini contracts at mini contract commissions rates until further notice.
These commissions are for each contract and for each trade (buy or sell) through SaxoTrader and exclude exchange fees which are listed under the contract specifications.
If no agreement exists to the contrary, clients will be charged the highest price category in the table. Contact Saxo Bank to apply for another price category if applicable based on previous trading volumes.
Moves to different price categories take place at the discretion of Saxo Bank and always take effect from the beginning of the following month without any adjustment in commissions already paid.
* For Nordic Power Futures a different pricing table applies, please contact your account manager.
For a full list of available Futures Contracts see the Futures Trading Conditions page.
These commissions are for each contract and for each trade (buy, sell or at expiry) through SaxoTrader and exclude exchange fees which are listed under the contract specifications.
| Contracts Available for Trading | Instrument Code | Fees |
|---|---|---|
| Hang Seng Index | HSI | Exchange Fee HKD 10.54 per contract per side |
| H-shares Index | HHI | Exchange Fee HKD 4.04 per contract per side |
| Mini-Hang Seng Index | MHI | Exchange Fee HKD 3.60 per contract per side |
| Mini-H-shares Index | MCH | Exchange Fee HKD 2.10 per contract per side |
The minimum ticket fee per Futures contract trade is USD 10, EUR 10, GBP 8, CHF 11, AUD 12.5, CAD 10, JPY 1200, SEK 100 or SGD 20.
| Contract / Currency | Trade Volume: Contracts / Month | ||
| 1 - 250 | 251 - 1,000 | 1,001 - 5,000 | |
| EUR | EUR 6.00 | EUR 3.00 | EUR 1.50 |
Minimum ticket fee per Futures contract trade is EUR 13.
For transactions between 0-100,000 Euros an additional 0.5 EUR per trade will be added to the commission; for transactions of 100,001+ EUR an additional 5.0 EUR will be added per trade.
Overnight positions in Futures 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)
Please note that relevant benchmark rates are floored at 0%.
