Start trading with Saxo today
Opening an account takes 5 minutes
Access Tier-1 liquidity to receive higher fill-rates, fewer premature stop-outs and significant price improvements.
SaxoTraderGO is our powerful yet easy-to-use platform. Trade from PC, Mac, tablet or smartphone.
Benefit from extensive charting with 50+ technical indicators, integrated Trade Signals and innovative risk management tools.
Access 40,000+ instruments. Trade FX, FX options, CFDs, stocks, ETFs, futures, listed options and bonds from a single cross-margin, multi-currency account.
Our initial margin rates start at 3.33% for major FX pairs including EURUSD, USDJPY, USDCAD, EURJPY and more. If you qualify as an Elective Professional client, our initial margin rates start at 1.5% for major FX pairs.
Read more about Forex margins here.
Both our SaxoTraderGO and SaxoTraderPRO platforms offer you a fast and intuitive forex trading experience.
However, if you’d like some help getting started, we’ve put together a short guide on how to trade forex on SaxoTraderGO, which highlights the key features you’ll need.
Our expert strategists regularly post news, analysis and commentary to help you stay one step ahead of developments in the market.
You can access their posts in the Insights section of our website, or directly through our trading platform.
Whereas the FX spot market is for immediate currency trades, the FX forward market is the market for trading currencies for delivery at some point in the future. It enables you to agree a price today (the FX forward price) at which two currencies will be exchanged on a predetermined date in the future.
At Saxo, we provide full electronic access to trade FX forward outrights in 100+ currency pairs with maturities from 1 day to 12 months.
To understand the FX forward outright trading conditions please click here.
NDFs are tradable offline only through the Global Sales Trading desk. A minimum margin requirement of 8% is applicable (Professional clients only) along with a minimum trade size of USD 100,000 or equivalent. A higher margin requirement may apply depending on the level of exposure. Prior to trading this product an addendum to Saxo’s General Business Terms must be signed.
NDFs are tradeable offline only with maturities from 1 day to 12 months (3 months for CNY).
The following currency pairs are available to trade up to certain Net Open Position (NOP) limits:
USD 10 million
USDBRL, USDCLP, USDCOP, USDCNY, USDIDR, USDINR, USDKRW, USDTWD
USD 5 million
Whether you’re a high- or low-volume trader, you’ll receive first-class support tailored to your needs.
Integrated digital support
Access our self-service support centre, email helpdesk and a range of educational courses.
24-hour customer service
Get support for technical matters and account queries whenever markets are open.
Relationship managers and sales traders
Active traders benefit from a dedicated point of contact and access to our world-class trading experts.
Exclusive VIP services
Receive our very best prices, priority support and exclusive event invitations.
Saxo Bank is a fully regulated broker with offices in 15 countries, serving 800,000+ clients globally.
We adhere to the strictest regulatory standards, and are fully licensed and regulated in 15 jurisdictions across Europe, the Middle East and Asia.
We’re a financially stable company with a robust balance sheet. We serve clients in 120 countries, hold USD 16bn in AUM and process 1m transactions daily.
We’ve been consistently recognised by our industry and have won the highest accolades for our products, platform and service.
Forex is categorised as a red product as it is considered an investment product with a high complexity and a high risk.
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 further information click here