FX Options Trading at Saxo
Our proposition to the FX options trader is unique given the depth of our product offering, the quality of our analytics, and the level of service we provide.
FX options give you more alternatives to control your risk, enable you to express a view on the underlying spot price, or take a view on future volatility.
In order to demonstrate our commitment to fair outcome, execution quality, and transparency within the financial industry Saxo has fully disclosed its dealing practices and client performance.
FX Global Code
Saxo is one of the first global institutions to sign and act in accordance with the new FX Global Code of Conduct, a commitment to stricter customer protection and transparency in the Forex market.
Get full electronic access to trade vanilla and binary touch options with maturities from 1 day to 12 months, providing you with maximum flexibility to implement your trading strategies and market views.
Access a professional set of reports with live updates that provide a detailed analysis of FX spot and option positions across multiple currency pairs.
Benefit from our tiered margin methodology as a mechanism to manage political and economic events that may lead to the market becoming volatile and changing rapidly.
Available on Saxo’s next generation trading platforms SaxoTrader and SaxoTraderGO, with Global Sales Trading or via API across 3rd party platforms. Platforms
Education and analysis
Follow Saxo Strategists on Tradingfloor.com and access training through the Saxo Academy. Whether you are new to trading, or you are refining your strategy, there is something for you. Learn more
Stay in longer
Take comfort in the certainty that existing FX positions can be fully hedged at a guaranteed price, whilst also benefitting from participation in favourable market movements depending on what happens to the spot price over the life of the option.
Whether you are new to the possibilities of FX options or looking for advanced training, the Saxo Academy has something for you. Click here for bite-sized videos on specific issues, or commit to a more extensive online training module.
Visit the Saxo Academy
FX Options Product Guide
Learn more about trading FX options with Saxo by downloading our comprehensive FX Options Product Guide.
FX Vanilla Options Factsheet
FX Vanilla options provide the possibility to both buy and sell European style options, giving clients the opportunity to express a directional view in two different ways.
FX Touch Options Factsheet
FX Touch options provide the possibility to both buy and sell One Touch and No Touch options, giving clients the opportunity to express a directional view in two different ways.
An introduction to Forex Options
Whether expressing a view on an underlying market or using them as a hedging tool, Forex Options don't have to be complicated.
Call Options Examples
Walk through an example of trading EURUSD via a call option.
Put Options Examples
Think a currency pair is overvalued? You can express that point of view via a put option.
Shorting Vanilla Options
Find out about how you can earn a premium from an option but also how you might face an obligation to the owner.
An option is categorised as a red product as it is considered an investment product with a high complexity and a high risk.
You should be aware that in purchasing Foreign Exchange Options, your potential loss will be the amount of the premium paid for the option, plus any fees or transaction charges that are applicable, should the option not achieve its strike price on the expiry date
Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation you may subsequently be called upon to pay margin on the option up to the level of your premium. If you fail to do so as required, your position may be closed or liquidated.
If you write an option, the risk involved is considerably higher than buying an option. You may be liable for margin to maintain your position and a loss may be sustained well in excess of the premium received.
By writing an option, you accept a legal obligation to purchase or sell the underlying asset if the option is exercised against you; however far the market price has moved away from the strike. If you already own the underlying asset that you have contracted to sell, your risk will be limited.
If you do not own the underlying asset the risk can be unlimited. Only experienced persons should contemplate writing uncovered options, then only after securing full detail of the applicable conditions and potential risk exposure.
Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red. For more information click here