Commissions, fees & subscriptions

Online Contract Options are traded on these monthly volume-based commissions;

Contract CurrencyTrade Volume: Contracts / Month
1 - 250251 - 1,0001,000 - 5,000
AUD10.005.002.50
EUR6.003.001.50
GBP5.002.501.25
SGD15.007.503.75
USD6.003.001.50
CHF8.004.002.00
JPY1,000.00800.00750.00
NOK65.0035.0020.00
SEK75.0040.0020.00
CAD6.003.001.50
HKD45.0030.0020.00

If you trade more than 5,000 contracts per month please contact us for pricing.

If no agreement exists to the contrary, you 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.

When trading Contract Options at Saxo Bank, there are no minimum ticket fees. Each trade is subject to a flat-rate fee based on the applicable volume bracket.

Overnight positions in short Contract Options 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 in the relevant Interbank-rate + markup (150 bps).

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

Les frais de détention sur les positions longues sur options listées (pour toute maturité) ne seront pas appliqués sur les 30 premiers jours. Les frais s’appliqueront par conséquent après 30 jours de détention de la position.
Les frais seront calculés quotidiennement sur la base de calcul indiquée ci-dessous et seront débités chaque fin de mois.

Frais de détention sur les positions acheteuses sur options par million (Valeur nominale)
CatégorieTaux d’intérêtDevises et OrActionsMétaux précieux, sauf orMatières premières, sauf les métaux précieux
Maturité < 30 joursn.a.n.a.n.a.n.a.n.a.
Maturité > 30 jours0,100,701,101,001,60


Frais de détention par jour = Valeur nominale / 1 000 000 * Frais applicable à la catégorie du sous-jacent

When trading Contract Options at Saxo Bank, there are no custody fees involved.

Saxo Bank does not pass any costs for using Saxo Bank trading software to clients. Trading on SaxoTrader, SaxoWebTrader and SaxoMobileTrader is free of charge.

Complimentary to existing live data subscriptions on Futures Exchanges, Saxo Bank offers streaming Contract Options prices on the same exchanges free of charge.

This also means that you are provided with direct market access to trade Options on various underlying assets on live streaming prices without dealer intervention.

Updated 26th April, 2012