Pricing Overview
Value for money with Saxo's transparent pricing structure
We believe that FX prices should be competitive and transparent and never burdened with false incentives. That’s why we offer volume-based fees that allow you to benefit from more attractive prices as your activity increases. And any time you trade with Saxo, you also gain access to reliable technology and supporting services.
This is is what we mean by value for money.
Saxo offers industry-leading tight spreads and low commissions on our Saxo Essential limited risk account. See a full pricing overview for Saxo Essential here.
Note: Saxo Essential has a margin utilization cap of EUR 20,000 and gives you access to a limited range of 20 FX pairs, 10 index CFDs and our full range of Stocks and Bonds.
Forex
FX Volume-based Discount Plan
| Commissions level | Volume USDm (monthly) required | Gross Commission per USDm | Discount | Net commission per USDm |
|---|---|---|---|---|
| Level 1 | 0 - 25 | 50 USD | 0 USD | 50 USD |
| Level 2 | 25 - 100 | 50 USD | -10 USD | 40 USD |
| Level 3 | 100 - 250 | 50 USD | -20 USD | 30 USD |
| Level 4 | 250 - 500 | 50 USD | -25 USD | 25 USD |
| Level 5 | 500 - 1,000 | 50 USD | -30 USD | 20 USD |
| Level 6 | > 1,000 | 50 USD | -33 USD | 17 USD |
- Competitive and transparent pricing from as low as 0.1 pips, plus commission
- Increasing commission discounts for larger cumulative trading volume
- Consistency in spread across notional trade sizes
- No minimum monthly commission fee
- Designed for pricing simplicity
The FX Volume-based Discount Plan serves low-volume traders equally as well as it does high-volume traders, taking into account that trading volumes can fluctuate. We charge a standard commission rate of 50 USD per 1 million USD traded, with the benefit of increasing discounts for larger cumulative trading volume, i.e. the more volume traded, the cheaper trading costs (commission) become.
For Example:
- If you trade over 25 million USD, you will receive a 20% (10 USD) discount on commission paid on volume traded up to 100 million USD.
- If you trade over 100 million USD, you will receive a 40% (20 USD) discount on commission paid on volume traded up to 250 million USD.
- If you trade over 250 million USD, you will receive a 50% (25 USD) discount on commission paid on volume traded up to 500 million USD.
- If you trade over 500 million USD, you will receive a 60% (30 USD) discount on commission paid on volume traded up to 1,000 million USD.
- If you trade over 1,000 million USD, you will receive a 66% (33 USD) discount on commission paid on volume traded in excess of 1,000 million USD
CFDs
Active Pricing
If you execute 100 trades or more per calendar month on Stocks, ETFs and Single Stock CFDs, you qualify for an Active Pricing Plan with very competitive rates.
| CFD single stock commissions from | Volume based |
|---|---|
| from 9 SGD | |
| from 7 USD | |
| from 80 HKD |
| CFD index tracker - Minimum spreads | |
|---|---|
| 1.4 | |
| 0.4 | |
| 0.85 |
| CFD single stock commissions from | Standard price |
|---|---|
| from 15 SGD | |
| from 9.9 USD | |
| from 90 HKD |
| CFD index tracker - Minimum spreads | |
|---|---|
| 1.5 | |
| 0.5 | |
| 1.0 |
Bonds
We deliver competitive pricing and tight spreads through our global access to source liquidity.
Volume-based Pricing
With volume-based pricing commission is based on your trading activity - the more you trade the less you pay.
| Market | Commission from |
|---|---|
| European government bonds | 0.05% (minimum 50 EUR) * |
| US government bonds | 0.05% ** (minimum 50 EUR) * |
| European an US corporate bonds | 0.10% (minimum 50 EUR) * |
| All other Markets bonds | 0.10% (minimum 50 EUR) * |
| Market | Commission from |
|---|---|
| European government bonds | 0.20% (minimum 80 EUR) * |
| US government bonds | 0.20% ** (minimum 80 EUR) * |
| European an US corporate bonds | 0.20% (minimum 80 EUR) * |
| All other Markets bonds | 0.20% (minimum 80 EUR) * |
Contract Options
We deliver access to competitive pricing and tight spreads – all in one click. Use our platform to trade on live streaming prices for full transparency.
Volume-based Pricing
With volume-based pricing, commissions are based on your trading activity - the more you trade the less you pay.
| Contract currency | Commission from* |
|---|---|
| GBP | 1.25 |
| EUR | 1.50 |
| USD | 1.50 |
| CAD | 1.50 |
| CHF | 2.00 |
| AUD | 2.50 |
Equities
Active Pricing
If you execute 100 trades or more per calendar month on Stocks, ETFs and Single Stock CFDs, you qualify for an Active Pricing Plan with very competitive rates.
| from 8 GBP | |
| from 3.99 USD | |
| from 9 EUR | |
| from 7 bps | |
| from 10 bps | |
| from 10 bps | |
| from 8 bps |
| from 20 GBP | |
| from 3.99 USD | |
| from 20 EUR | |
| from 15 bps | |
| from 15 bps | |
| from 12 bps | |
| from 20 bps |
Equity Options
We deliver access to competitive pricing and tight spreads – all in one click. Use our platform to trade on live streaming prices for full transparency.
Volume-based Pricing
With volume-based pricing, commissions* are based on your trading activity - the more you trade the less you pay.
| Contract currency | Commissions as low as* |
|---|---|
| GBP | 1.50 |
| EUR | 2.00 |
| USD | 2.00 |
| AUD | 3.00 |
| CHF | 3.00 |
| HKD | 20.00 |
Futures
We deliver access to competitive pricing and tight spreads – all in one click. Use our platform to trade on live streaming prices for full transparency.
Volume-based Pricing
With volume-based pricing, commissions* are based on your trading activity - the more you trade the less you pay.
| Contract currency | Commissions as low as* |
|---|---|
| GBP | 1.25 |
| EUR | 1.50 |
| USD | 1.50 |
| CAD | 1.50 |
| CHF | 2.00 |
| AUD | 2.50 |
FX Options
We deliver access to competitive pricing and tight spreads – all in one click.
Use our platform to trade on live streaming prices for full transparency.
| FX crosses | Lowest spread* |
|---|---|
| EUR USD | 0.0005 |
| GBP USD | 0.0008 |
| EUR CHF | 0.0008 |
| AUD USD | 0.0004 |
| XAU USD | 1.90 |
