Trade forex on an award-winning platform

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

Saxo platforms

Why trade Forex with Saxo Bank

  • Ultra-competitive FX spreads
    Trade major Forex 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 USD14.012.011.0
    Live and historical spreadsLive and historical spreadsLive and historical spreads

    Please note the pricing shown above is displayed as minimum 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.

      Find your next trade

      Get actionable insights into current market movements.

      See whether Saxo traders are buying or selling our most popular FX pairs.

      Instrument
      Sellers
      Buyers
      Change (1D)
      British Pound/Japanese Yen
      GBPJPY
      42%
      58%
      +0.19%
      Gold/Euro
      XAUEUR
      36%
      64%
      -0.13%
      New Zealand Dollar/US Dollar
      NZDUSD
      52%
      48%
      +0.11%
      Euro/British Pound
      EURGBP
      60%
      40%
      -0.1%
      Australian Dollar/Japanese Yen
      AUDJPY
      49%
      51%
      +0.16%

      Client sentiment data shows the percentage split between buyers and sellers on today’s most popular instruments. Data is delayed by up to 30 minutes. See the full disclaimer for more information.

      See whether Saxo traders are buying or selling our most popular FX pairs.

      Instrument
      Change (1D)
      +0.19%
      Sellers
      42%
      Buyers
      58%
      Change (1D)
      -0.13%
      Sellers
      36%
      Buyers
      64%
      Change (1D)
      +0.11%
      Sellers
      52%
      Buyers
      48%
      Change (1D)
      -0.1%
      Sellers
      60%
      Buyers
      40%
      Change (1D)
      +0.16%
      Sellers
      49%
      Buyers
      51%

      Client sentiment data shows the percentage split between buyers and sellers on today’s most popular instruments. Data is delayed by up to 30 minutes. See the full disclaimer for more information.

      Trade Forex on our award-winning trading platform

      Trade Forex on our award-winning trading platform

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

      Powerful Forex trading tools

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

      Trade 182 Forex 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.

       

      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. FX forward outrights enable you to agree a price today (the FX forward price) at which two currencies will be exchanged on a predetermined date in the future. FX swaps likewise enable you to agree a price today at which two transactions will be executed. An FX swap is a simultaneous purchase and sale, or vice versa, of one currency for another currency with two different value dates; two parties agree upon a currency exchange on one day and simultaneously agree to unwind or reverse that transaction on a specified date in the future.

      At Saxo, we provide full electronic access to trade FX forward outrights and FX swaps in 100+ currency pairs with maturities from 1 day to 12 months.

      To understand the FX forward outright trading conditions please click here.

      For more information on FX swaps please click here

      NDFs are tradable offline only through the Global Sales Trading desk. An initial FX margin requirement of 9% is applicable (8% maintenance margin) and 1% interest rate margin (subject to change). There is a minimum trade size of USD 100,000 or equivalent and a Net Open Position (NOP) limit of 3 million USD. 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.

      The following currency pairs are available to trade: USDBRL, USDCLP, USDCOP, USDCNY, USDIDR, USDINR, USDKRW, USDPEN, USDPHP, USDTWD.

      Find more information about our general charges here.

      You can review our trading conditions for Forex here.

      Relation manager on phone
      expert service

      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.

      Trust

      Trusted for more than 25 years

      Trusted for more than 25 years

      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 170 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

      Choose topic below:

      Trade responsibly
      All trading carries risk. Read more. 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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