Spreads & Commissions

See all live and historic FX Volume-based spreads

See all live and historic FX all-inclusive spreads

Questions?

Please ensure that you familiarise yourself with the relevant terms of our commission based pricing on our website and FAQ

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FX Spot Trading

Bid/Ask spreads on majors

Saxo Bank provides an executable price that is based on Saxo’s own liquidity, in addition to liquidity available on a DMA basis in the broader market. 

Spreads vary depending on the currency pair and the desired trade amount.  

Trading on Bands

Different spreads are provided for different trade size bands. The spread is tightest in the smallest band. Trade amounts above the largest bands prices will be routed to manual intervention. However typically, only a very small proportion of orders placed with Saxo Bank require manual intervention.

See a full overview of the spreads on all FX crosses on the links to the live and historic spreads in the first section on volume price plan and the section on all-inclusive price plan.

Minimum trade size

Below the threshold amount a minimum ticket fee of $10 is charged on the trade to cover administration costs. For most currency pairs the threshold amount is 5,000 units of the base currency, however variations occur. Precious metals can be traded as low as 1 ounce.

Trades cannot be executed below the Minimum Trade Sizes (except for closing an open position below the minimum trade size).

Full details can be found here

Updated 6 June, 2016