Trade forex on an award-winning platform

Access 182 FX pairs across majors, minors and exotics, plus spot metals, from only 0.4 pips

Saxo platforms

Why trade FX with Saxo Bank

  • Ultra-competitive FX spreads
    Trade major FX pairs from 0.4 pips. Competitive entry prices and even lower rates for active traders.
  • Best-in-class execution
    Tier-1 liquidity gives higher fill-rates, fewer premature stop-outs and significant price improvements.
  • Award-winning platform
    Benefit from integrated Trade Signals, news feeds and innovative risk-management features.
  • Expert service, trusted for 25 years
    With 800,000+ satisfied customers, Saxo Bank offers world-class service around the clock.

    Tight, all-inclusive FX spreads

    We offer three levels of pricing depending on your account tier.

    Swipe left or right for more
    InstrumentClassicPlatinumVIP
    EUR USD0.80.70.6
    GBP USD1.00.80.7
    EUR JPY1.11.00.9
    USD JPY0.80.70.6
    AUD USD0.50.50.4
    XAU USD14.015.011.0
    Live and historical spreadsLive and historical spreadsLive and historical spreads

    Best-in-class forex execution

    Access Tier-1 liquidity to receive higher fill-rates, fewer premature stop-outs and significant price improvements.

    • Tier 1 liquidity
      To provide you with the best price possible, we derive our prices from a broad range of Tier 1 institutions. These include banks, ECNs and market-making firms with unique liquidity.
    • Fewer premature stop-outs
      To protect you from being stopped out early, we trigger stop orders on the opposite side of the spread, based on a neutral price from a primary inter-bank venue.
    • Significant price improvements
      Our fully customised orders offer you greater control over your trading. With no asymmetric slippage, you could benefit from significant price improvements on every trade.
    • Full transparency of execution statistics
      We fully disclose our dealing practices and never trade against you in the market. Our commitment to transparency shows that our interests are aligned with yours.

      Trade FX on our award-winning trading platform

      Trade FX on our award-winning trading platform

      SaxoTraderGO is our powerful yet easy-to-use platform. Trade from PC, Mac, tablet or smartphone.

      Powerful FX trading tools

      Benefit from extensive charting with 50+ technical indicators, integrated Trade Signals and innovative risk management tools.

      Trade 182 FX spot pairs and 140 forwards

      Access 40,000+ instruments. Trade FX, FX options, CFDs, stocks, ETFs, futures, listed options and bonds from a single cross-margin, multi-currency account.

      More information

      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.

      See a full list of our FX margin rates for retail clients as well as our FX margin rates for elective professional clients.

      Read more about FX margins for retail clients here or FX margins for professionals here.

      You can find more information about the FX value date rollover, rollover procedure and historic swap points 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.

      Derive the value of potential price improvements on every trade. Assume greater control of your trading, and achieve an optimal balance between fill ratio and price level through our fully customised orders.

      Saxo offer a variety of orders, including Market, Limit and Stop orders. To learn more please see Orders and Execution Statistics.

      To learn more about how Saxo executes orders on behalf of its clients, please refer to our Order Execution Policy.

       

      Whether you’re new to trading or looking to refine your knowledge, we have a range of educational videos and online courses that will suit your needs.

      In addition, our experts run a series of webinars to help you broaden your understanding of equity trading and seize market opportunities.

      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:

      NOP Limit

      Currency Pairs

      USD 10 million

      USDBRL, USDCLP, USDCOP, USDCNY, USDIDR, USDINR, USDKRW, USDTWD

      USD 5 million

      USDPHP, USDPEN

      Find more information about our general charges here.

      You can review our trading conditions for Forex here.

      24-hour expert service

      24-hour expert service

      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.

      Trusted for more than 25 years

      Trusted for more than 25 years

      Saxo Bank is a fully regulated broker with offices in 15 countries, serving 800,000+ clients globally.

      Fully regulated
      We adhere to the strictest regulatory standards, and are fully licensed and regulated in 15 jurisdictions across Europe, the Middle East and Asia.

      Financial strength
      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.

      Multi-award winner
      We’ve been consistently recognised by our industry and have won the highest accolades for our products, platform and service.

      Ready to get started?

      Opening an account takes around 5 minutes 

      Did you find the information you were looking for on this page?

      Forex risk warning

      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

      Saxo Bank A/S (Headquarters)
      Philip Heymans Alle 15
      2900
      Hellerup
      Denmark

      International

      Trade responsibly
      All trading carries risk. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

      This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. All clients will directly engage with Saxo Bank A/S and all client agreements will be entered into with Saxo Bank A/S and thus governed by Danish Law.

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