CFDs Spreads and Commissions

Exchange name	Symbol	Commission Standard	Commission Active *)
North America & Canada
NASDAQ	NASDAQ & NSC	0.02 USD/share (min 20 USD)	from 6 USD (1)
New York Stock Exchange	NYSE & ARCA	0.02 USD/share (min 20 USD)	from 6 USD (1)
NYSE MKT	AMEX	0.02 USD/share (min 20 USD)	from 6 USD (1)
Toronto Stock Exchange	TSE	0.03 CAD/share (Min 25 CAD)	0.0225 CAD /share (min 15 CAD)
Europe / Middle East / Africa
BME Spanish Exchanges	SIBE	0.10% (min 12 EUR)	from 9 EUR (3)
Budapest Stock Exchange	BUX	0.50% (min 6,000 HUF)	0.30% (min 5,000 HUF)
Deutsche Börse (XETRA)	FSE	0.10% (min 12 EUR)	from 9 EUR (4)
Irish Stock Exchange	ISE	0.10% (min 12 EUR)	0.06% (min 9 EUR)
Johannesburg Stock Exchange	JSE	0.25% (min 100 ZAR)	0.15% (min 80 ZAR)
London Stock Exchange	LSE_SETS	0.10% (min 8 GBP)	from 8 GBP (5)
London Stock Exchange (IOB)	LSE_INTL	0.10% (min 20 USD)	0.05% (min 10 USD)
Milan Stock Exchange	MIL	0.19% (min 15 EUR)	from 9 EUR (+0.07%) (4)
NASDAQ OMX Copenhagen	CSE	0.10% (min 65 DKK)	0.05% (min 50 DKK)
NASDAQ OMX Helsinki	HSE	0.10% (min 10 EUR)	0.05% (min 7 EUR)
NASDAQ OMX Stockholm	SSE	0.10% (min 65 SEK)	0.05% (min 55 SEK)
NYSE Euronext Amsterdam (AEX)	AMS	0.09% (min 5 EUR)	from 12 EUR (3)
NYSE Euronext Brussels	BRU	0.10% (min 12 EUR)	0.05% (min 8 EUR)
NYSE Euronext Lisbon	LISB	0.10% (min 12 EUR)	0.05% (min 8 EUR)
NYSE Euronext Paris	PAR	0.10% (min 12 EUR)	from 9 EUR (3)
Oslo Stock Exchange	OSE	0.10% (min 65 NOK)	0.07% (min 55 NOK)
Prague Stock Exchange	PRA	0.25% (min 500 CZK)	0.22% (min 400 CZK)
SIX Swiss Exchange	SWX & VX	0.10% (min 18 CHF)	from 11 CHF (6)
Vienna Stock Exchange	VIE	0.10% (min 12 EUR)	0.09% (min 12 EUR)
Warsaw Stock Exchange	WSE	0.25% (min 65 PLN)	0.22% (min 60 PLN)
Asia / Pacific
Australian Securities Exchange	ASX	0.10% (min 8 AUD)	0.05% (min 6 AUD)
Hong Kong Exchanges	HKEX	0.25% (min 90 HKD)	0.102% (+0.108%) (min 80 HKD)
Singapore Exchange	SGX-ST	0.20% (min 17 SGD)	0.14% (+0.04%) (min 15 SGD)
Tokyo Stock Exchange	TYO	0.15% (min 1,000 JPY)	0.08% (min 600 JPY)

*) For active pricing see section in the bottom of this page

(1) NASDAQ, NYSE & NYSE ARCA: The flat fee apply up to a trade size of 1,000 shares, above the threshold the commission is 0.007 USD/share
(3) BME, NYSE Euronext Amsterdam**) and Paris: The flat fee apply up to a trade size of EUR 20,000, above the threshold the commission is 0.05%
(4) Deutsche Börse (XETRA) and Milan Stock Exchange: The flat fee apply up to a trade size of EUR 30,000, above the threshold the commission is 0.05%
(5) London Stock Exchange: The flat fee apply up to a trade size of GBP 30,000, above the threshold the commission is 0.05%.
(6) SIX Swiss Exchange: The flat fee apply up to a trade size of CHF 30,000, above the threshold the commission is 0.05%

Commodity CFD spreads

Commodity CFDs are over-the-counter products with a price established by Saxo Bank as the Futures market spread plus a fixed mark-up. The mark-up can be seen below under Contract Details and is always available in the Trading Conditions in the trading platforms.

Contract Details:

(1) For active pricing see section in the bottom of the page
(2) Trading hours are stated in the local hours of the underlying exchange
(3) Trading hours Fridays are 01:01 to 22:00

Forex CFDs are over-the-counter products with a price established by Saxo Bank as the Futures market spread plus a fixed mark-up.
The mark-up can be seen below under Contract Details and is always available in the Trading Conditions in the trading platforms.

Contract details

(1) For active pricing see section in the bottom of this page
(2) Trading hours are stated in the local hours of the underlying exchange

Bond CFDs are over-the-counter products with a price established by Saxo Bank as the Futures market spread plus a fixed mark-up.
The mark-up can be seen below under Contract Details and is always available in the Trading Conditions in the trading platforms.

Contract details

If you are an Active Trader within equity and equity-related products, Saxo offers you some of the lowest rates in the market.
In order to qualify for Equity Active Trader rates you need to place at least 100 trades per calendar month, within any of the following instruments:

• Stocks
• ETFs/ETC
• Single Stock CFDs

Please note the following:

• The Active pricing may vary from the prices shown above depending on your country of residence.
• If the required monthly activity is not fulfilled, standard rates will apply the following month.
• You can familiarise yourself with the relevant terms of our Active Equity pricing in the FAQ section.

Updated 23 June 2016