CFD Spreads And Commissions

Index-tracking CFD contract details (continuous)

INDEX TRACKER	SPREAD⁽¹⁾ CLASSIC	SPREAD⁽¹⁾ PLATINUM	SPREAD⁽¹⁾ VIP	CONTRACT SIZE	CURRENCY	TRADING HOURS⁽²⁾
North America
US Tech 100 NAS	1.00	0.70	0.50	1 index	USD	18:01 - 16:00
US 30 Wall Street	3.00	2.00	2.00	1 index	USD	18:01 - 16:00
US 500	0.70	0.50	0.40	1 index	USD	18:01 - 16:00
Europe
Belgium 20	13.00	12.00	12.00	1 index	EUR	09:10 - 17:25
Denmark 20	2.50	1.25	0.75	1 index	DKK	09:10 - 16:55
EU Stocks 50	2.00	1.75	1.50	1 index	EUR	01:16 - 22:00
France 40	2.00	1.50	1.00	1 index	EUR	08:01 - 22:00
Germany 30	1.20	1.00	0.90	1 index	EUR	01:16 - 22:00
Germany Mid-Cap 50	15.00	10.00	7.00	1 index	EUR	09:10 - 17:25
Germany Tech 30	4.50	4.00	4.00	1 index	EUR	09:10 - 17:25
Italy 40	12.00 *	11.00 *	11.00 *	1 index	EUR	09:01 - 17:30
Netherlands 25	0.25	0.20	0.18	1 index	EUR	08:01 - 22:00
Norway 25	1.00	0.90	0.80	1 index	NOK	09:10 - 16:20
Portugal 20	25.00	20.00	15.00	1 index	EUR	08:10 - 16:25
South Africa 40	10.00	8.00	7.00	1 index	ZAR	08:31 - 17:30
Spain 35	8.00	6.50	4.00	1 index	EUR	08:01 - 20:00
Sweden 30	0.65	0.55	0.45	1 index	SEK	09:01 - 17:25
Switzerland 20	3.00	2.50	1.75	1 index	CHF	08:01 - 22:00
UK 100	1.00	0.90	0.85	1 index	GBP	01:01 - 21.00
UK Mid 250	44.00	42.00	40.00	1 index	GBP	08:10 - 16.25
Asia
Australia 200	1.50	1.40	1.25	1 index	AUD	09:51 - 07:00⁽²⁾
Hong Kong	12.00	11.00	10.00	1 index	HKD	09:16 - 01:00⁽²⁾
Japan 225	12.00	10.00	8.00	1 index	JPY	07:31 - 04:45⁽²⁾

All prices shown on this page are offered to new Saxo clients. Existing clients can access pricing information directly in the trading platform.

Index-tracking CFD contract details (expiring)

INDEX TRACKER NAME	SPREAD⁽¹⁾ CLASSIC	SPREAD⁽¹⁾ PLATINUM	SPREAD⁽¹⁾ VIP	CONTRACT SIZE	CURRENCY	TRADING HOURS⁽²⁾
US2000	0.50	0.40	0.40	1 index	USD	20:01 - 16:00
China 50	12.00	11.00	11.00	1 index	USD	09:01 - 01:55
India 50	4.00	3.00	3.00	1 index	USD	09:01 - 01:55
Singapore	0.30	0.20	0.20	1 index	SGD	08:31 - 01:55
Taiwan	0.40	0.30	0.30	1 index	USD	08:46 - 01:55

* Italy 40: Italian derivatives are subject to Italian Financial Transaction Tax (Stamp duty) which is applied for both buys and sells. Click here for more information about the Italian Financial Transaction Tax (IFTT). Also, an additional charge of 2 bps. (0.02%) of the trade amount is applied, to cover Saxo Bank’s increased cost of execution and hedging due to IFTT.

(1) Spreads: the spreads indicated are minimum spreads and depend on the spread of the underlying futures contract. If the underlying future trades at a spread that is larger than the minimum spread, the Index spread will be increased with the additional spread from the future. Example: Germany 30 normal spread is 1.5 index points if the future spread is 0.5 indicating normal conditions. If the liquidity is low in the future and the spread is 1, the Index spread will be 1.5 + (1 - 0.5) = 2.

(2) Trading hours are stated in the local hours of the underlying exchange - please note that the Hong Kong Index trading session has a mid-session break between 12:00-13:01 and an evening break between 16:30-17:16, the trading session in Japan 225 has a break between 14:30 and 14:56 and the Australia 200 there is a break between 14:30 and 15:11. For CHINA50 there is a mid-session break between 15:55 and 16:41. For INDIA50 there is a mid-session break between 18:05 and 19:16.For SINGAPORE there is a mid-session break between 17:10 and 18:16. For TAIWAN there is a mid-session break between 13:45 and 14:36.

All prices shown on this page are offered to new Saxo clients. Existing clients can access pricing information directly in the trading platform.

Single Stock and ETF CFD Commissions

Exchange name	Symbol	Commission Classic	Commission Platinum	Commission VIP
North America
NASDAQ	NASDAQ & NSC	0.02 USD/share (min. 10 USD)	0.015 USD/share (min. 7 USD)	0.01 USD/share (min. 3 USD)
New York Stock Exchange	NYSE & ARCA	0.02 USD/share (min. 10 USD)	0.015 USD/share (min. 7 USD)	0.01 USD/share (min. 3 USD)
NYSE MKT	AMEX	0.02 USD/share (min. 10 USD)	0.015 USD/share (min. 7 USD)	0.01 USD/share (min. 3 USD)
Toronto Stock Exchange	TSE	0.03 CAD/share (min. 20 CAD)	0.02 CAD /share (min. 15 CAD)	0.015 CAD /share (mi.n 10 CAD)

Europe
Athens Exchange	AT	0.35% (min. 12 EUR)	0.30% (min. 12 EUR)	0.30%) (min. 12 EUR)
BME Spanish Exchanges	SIBE	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.06%) (min. 10 EUR)
Budapest Stock Exchange	BUX	0.50% (min. 6,000 HUF)	0.40% (min. 5,000 HUF)	0.30% (min. 5,000 HUF)
Deutsche Börse (XETRA)	FSE	0.10% (min. 10 EUR)	0.07% (min. 8 EUR)	0.05% (min. 6 EUR)
Irish Stock Exchange	ISE	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.06% (min. 10 EUR)
Johannesburg Stock Exchange	JSE	0.25% (min. 100 ZAR)	0.20% (min. 80 ZAR)	0.15% (min. 80 ZAR)
London Stock Exchange	LSE_SETS	0.10% (min. 8 GBP)	0.07% (min. 7 GBP)	0.05% (min. 5 GBP)
London Stock Exchange (IOB)	LSE_INTL	0.10% (min. 20 USD)	0.08% (min. 15 USD)	0.06% (min. 12 USD)
Milan Stock Exchange *	MIL	0.17% (min. 12 EUR)	0.15% (min. 10 EUR)	0.13% (min. 8 EUR)
NASDAQ OMX Copenhagen	CSE	0.10% (min. 65 DKK)	0.07% (min. 50 DKK)	0.05% (min. 50 DKK)
NASDAQ OMX Helsinki	HSE	0.10% (min. 12 EUR)	0.07% (min. 10 EUR)	0.05% (min. 8 EUR)
NASDAQ OMX Stockholm	SSE	0.10% (min. 65 SEK)	0.07% (min. 50 SEK)	0.05% (min. 50 SEK)
NYSE Euronext Amsterdam (AEX)	AMS	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.06% (min. 8 EUR)
NYSE Euronext Brussels	BRU	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.06% (min. 8 EUR)
NYSE Euronext Lisbon	LISB	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.06% (min. 8 EUR)
NYSE Euronext Paris	PAR	0.10% (min. 10 EUR)	0.07% (min. 8 EUR)	0.05% (min. 6 EUR)
Oslo Stock Exchange	OSE	0.10% (min. 65 NOK)	0.08% (min. 50 NOK)	0.06% (min. 50 NOK)
Prague Stock Exchange	PRA	0.28% (min. 500 CZK)	0.25% (min. 350 CZK)	0.25% (min. 350 CZK)
SIX Swiss Exchange	SWX & VX	0.10% (min. 12 CHF)	0.07% (min. 10 CHF)	0.05% (min. 8 CHF)
Vienna Stock Exchange	VIE	0.10% (min. 12 EUR)	0.08% (min. 10 EUR)	0.07% (min. 8 EUR)
Warsaw Stock Exchange	WSE	0.30% (min. 75 PLN)	0.25% (min. 65 PLN)	0.20% (min. 65 PLN)
Asia
Australian Securities Exchange	ASX	0.10% (min. 8 AUD)	0.07% (min. 8 AUD)	0.05% (min. 8 AUD)
Hong Kong Exchanges *	HKEX	0.25% (min. 100 HKD)	0.22% (min. 80 HKD)	0.20% (min. 60 HKD)
Singapore Exchange *	SGX-ST	0.20% (min. 25 SGD)	0.16% (min. 20 SGD)	0.14% (min. 15 SGD)
Tokyo Stock Exchange	TYO	0.15%(min. 1,500 JPY)	0.12% (min. 1,000 JPY)	0.10% (min. 1,000 JPY)

* Rates include 'DMA surcharges' to cover transaction tax, stamp duty, exchange and regulatory fees etc. associated with carrying out a CFD Direct Market Access transaction.

All prices shown on this page are offered to new Saxo clients. Existing clients can access pricing information directly in the trading platform.

Commodity CFD spreads

Instrument Name	Symbol	Spread Minimum Classic	Spread Minimum Platinum	Spread Minimum VIP	Min. trade size	Trading hours⁽¹⁾	Expiry date
METALS
Gold	GOLD	0.60	0.55	0.50	1	18:01-17:00	FND -2
Silver	SILVER	3.50	3.00	2.50	25	18:01-17:00	FND -2
Platinum	PLATINUM	1.70	1.40	1.10	1	18:02-17:00	FND -2
Palladium	PALLADIUM	1.75	1.45	1.05	1	18:01-17:00	FND -2
US Copper	COPPERUS	0.55	0.50	0.45	500	18:01-17:00	FND -2
ENERGY
US Crude	OILUS	0.05	0.05	0.03	25	18:01-17:00	LTD -2
UK Crude	OILUK	0.05	0.05	0.03	25	01:01-22:55⁽²⁾	LTD
Heating Oil	HEATINGOIL	0.35	0.30	0.25	500	18:01-17:00	LTD -2
Gasoline US	GASOLINEUS	0.25	0.20	0.17	500	18:01 – 17:00	LTD -2
Gas Oil	GASOILUK	1.25	1.00	0.75	1	01:01 – 21:55	LTD -2
US Natural Gas	NATGASUS	0.017	0.014	0.011	200	18:01 – 17:00	LTD -2
CO2 Emissions	EMISSIONS	0.07	0.06	0.05	25	07:01 – 17:00	LTD -2
AGRICULTURE
Corn	CORN	1.25	1.00	0.75	200	19:01 – 13:20	FND -2
Wheat	WHEAT	2.25	2.00	1.75	200	19:01 – 13:20	FND -2
Soybeans	SOYBEANS	1.75	1.50	1.25	200	19:01 – 13:20	FND -2
SOFTS & MEATS
NY Sugar No. 11	SUGARNY	0.05	0.05	0.03	5,000	03:31 – 13:00	LTD -2
NY Coffee	COFFEENY	0.45	0.40	0.35	1,000	04:16 – 13:30	FND -2
NY Cocoa	COCOANY	9.00	7.00	5.00	1	04:46 – 13:30	FND -2
Live Cattle	LIVECATTLE	0.175	0.150	0.125	2,000	08:31 – 13:05	LTD -2

FND= First Notice
LTD= Last trading

⁽¹⁾ Trading hours are stated in the local hours of the underlying exchange
⁽²⁾ Trading hours Fridays are 01:01 to 22:00

All prices shown on this page are offered to new Saxo clients. Existing clients can access pricing information directly in the trading platform.

Forex CFD (expiring) spreads

Instrument Name	Symbol	Spread Mark up Classic	Spread Mark up Platinum	Spread Mark up VIP	Min. trade size	Trading hours⁽¹⁾	Expiry	Expiry Time
USD Index	USDINDEX	0.01000	0.00900	0.00800	100	20:00-17:00	LTD -2	11:00 EST
Euro / US Dollar	EURUSDEC	0.00020	0.00019	0.00018	5,000	17:00-16:00	FND -3	10:00 CST
Euro / Japanese Yen	EURJPYRY	0.03000	0.02000	0.02000	5,000	17:00-16:00	FND -3	10:00 CST
Euro / Swiss Franc	EURCHFRF	0.00020	0.00020	0.00020	5,000	17:00-16:00	FND -3	10:00 CST
Euro / British Pound	EURGBPRP	0.00025	0.00020	0.00020	5,000	17:00-16:00	FND -3	10:00 CST
British Pound / US Dollar	GBPUSDBP	0.00030	0.00025	0.00025	5,000	17:00-6:00	FND -3	10:00 CST
Australian Dollar / US Dollar	AUDUSDAD	0.00030	0.00020	0.00020	5,000	17:00-16:00	FND -3	10:00 CST

FND= First Notice; LTD = Last trading

⁽¹⁾ Trading hours are stated in the local hours of the underlying exchange

All prices shown on this page are offered to new Saxo clients. Existing clients can access pricing information directly in the trading platform.

Bond CFD spreads

Instrument Name	Symbol	Spread Minimum Classic	Spread Minimum Platinum	Spread Minimum VIP	Min. trade size	Trading hours
German Government 10 year Bund	BUND	0.030	0.025	0.020	50 CFDs	01:16-22:00
German Government 5 year Bobl	BOBL	0.030	0.025	0.020	50 CFDs	01:16-22:00
German Government 2 year Schatz	SCHATZ	0.015	0.010	0.010	50 CFDs	01:16-22:00
Italian Government 10 year BTP	10YBTP	0.050	0.040	0.030	50 CFDs	08:01-18:55
French Government 10 year OAT	10YOAT	0.050	0.040	0.030	50 CFDs	08:01-18:55

All prices shown on this page are offered to new Saxo clients. Existing clients can access pricing information directly in the trading platform.

Index-tracking CFD contract details (continuous)

Index Tracker		Spread⁽¹⁾ Standard	Spread⁽¹⁾ Active⁽³⁾	Contract Size	Currency	Trading Hours⁽²⁾

North America

US Tech 100 NAS	1.0	0.5	1 index	USD	18:01 - 16:00
US 30 Wall Street	3.0	2.0	1 index	USD	18:01 - 16:00
US 500	0.9	0.4	1 index	USD	18:01 - 16:00

Europe / Middle East / Africa

Belgium 20	13	12	1 index	EUR	09:10 - 17:25
Denmark 20	2.5	0.75	1 index	DKK	09:10 - 16:55
EU Stocks 50	2.0	1.75	1 index	EUR	01:16 - 22:00
France 40	2.0	1.0	1 index	EUR	08:01 - 22:00
Germany 30	1.5	1.0	1 index	EUR	01:16 - 22:00
Germany Mid-Cap 50	15	7.0	1 index	EUR	09:10 - 17:25
Germany Tech 30	4.5	4.0	1 index	USD	09:10 - 17:25
Italy 40	12 ^*	11 ^*	1 index	EUR	09:01 - 17:30
Netherlands 25	0.25	0.18	1 index	EUR	08:01 - 22:00
Norway 25	1.0	0.8	1 index	NOK	09:10 - 16:20
Portugal 20	25	15	1 index	EUR	08:10 - 16:25
South Africa 40	10	7.0	1 index	ZAR	08:31 - 17:30
Spain 35	8.0	4.8	1 index	EUR	08:01 - 20:00
Sweden 30	0.65	0.45	1 index	SEK	09:01 - 17:25
Switzerland 20	3.0	1.75	1 index	CHF	08:01 - 22:00
UK 100	1.0	0.85	1 index	GBP	01:01 - 21.00
UK Mid 250	44	40	1 index	GBP	08:10 - 16.25

Asia / Pacific

Australia 200	1.5	1.4	1 index	AUD	09:51 - 07:00 ⁽²⁾
Hong Kong	12	10	1 index	HKD	09:16 - 01:00 ⁽²⁾
Japan 225	12	8.0	1 index	JPY	07:31 - 04:45 ⁽²⁾

Index-tracking CFD contract details (expiring)

	Spread⁽¹⁾ Standard	Spread⁽¹⁾ Active⁽³⁾	Contract Size	Currency	Trading Hours⁽²⁾
US2000	0.5	0.40	1 index	USD	20:01 - 16:00
China 50	12	11	1 index	USD	09:01 - 01:55
India 50	4.0	3.0	1 index	USD	09:01 - 01:55
Singapore	0.30	0.20	1 index	SGD	08:31 - 01:55
Taiwan	0.40	0.30	1 index	USD	08:46 - 01:55

⁽¹⁾ Spreads: the spreads indicated are minimum spreads and depend on the spread of the underlying futures contract. If the underlying future trades at a spread that is larger than the minimum spread, the Index spread will be increased with the additional spread from the future. Example: Germany 30 normal spread is 1.5 index points if the future spread is 0.5 indicating normal conditions. If the liquidity is low in the future and the spread is 1, the Index spread will be 1.5 + (1 - 0.5) = 2.

⁽²⁾ Trading hours are stated in the local hours of the underlying exchange - please note that the Hong Kong Index trading session has a mid-session break between 12:00-13:01 and an evening break between 16:30-17:16, the trading session in Japan 225 has a break between 14:30 and 14:56 and the Australia 200 there is a break between 14:30 and 15:11. For CHINA50 there is a mid-session break between 15:55 and 16:41. For INDIA50 there is a mid-session break between 18:05 and 19:16.For SINGAPORE there is a mid-session break between 17:10 and 18:16. For TAIWAN there is a mid-session break between 13:45 and 14:36.

⁽³⁾ For Active pricing see section in the bottom of this page

Option CFD pricing

Option Root	Description	Contract Size	Daily Holding Fee	Currency
AEX	AEX Index	1 Index	1.10	EUR
DJX	Dow Jones Industrial Average Index	1/100 Index	1.10	USD
ESX	FTSE 100 Index	1 Index	1.10	GBP
HSI	Hang Seng Index	1 Index	1.10	HKD
MIBO	FTSE MIB Index	1 Index	1.10	EUR
NDX	Nasdaq 100 Index	1 Index	1.10	USD
NKY	Nikkei 225 (Osaka)	1 Index	1.10	JPY
OBX	OBX Index	1 Index	1.10	NOK
ODAX	DAX Index	1 Index	1.10	EUR
OESX	Euro Stoxx 50 Index	1 Index	1.10	EUR
OMXSWE30	OMX Stockholm 30 Index	1 Index	1.10	SEK
OSMI	SMI Index	1 Index	1.10	CHF
PXA	CAC 40 Index	1 Index	1.10	EUR
SPX	S&P 500 Index	1 Index	1.10	USD
XJO	S&P ASX200 Index	1 Index	1.10	AUD

Holding fees on long option positions (all maturities) will be applied when positions are held overnight. The daily holding fee is 1.10 per million (notional value) in the contract’s trading currency. Holding fee per day = nominal value / 1,000,000 * 1.10.

All prices shown on this page are offered to new Saxo clients. Existing clients can access pricing information directly in the trading platform.

Ostrzeżenie o ryzyku w przypadku kontraktów CFD

Kontrakt CFD jest sklasyfikowany jako produkt czerwony, ponieważ postrzega się go jako produkt inwestycyjny o dużej złożoności i wysokim ryzyku.

Duńskie banki mają obowiązek klasyfikowania produktów inwestycyjnych oferowanych klientom detalicznym jako produktów zielonych, żółtych lub czerwonych, w zależności od złożoności produktu i ryzyka z nim związanego. Aby uzyskać dodatkowe informacje, kliknij tutaj

Szybkie linki

CFD Spreads And Commissions

Index-tracking CFD contract details (continuous)