Ultra-competitive FX spreads
Trade major Forex pairs from 0.4 pips. Competitive entry prices and even lower rates for active traders.
Start trading with Saxo today
Opening an account takes 5 minutes
Why trade Forex with Saxo
| Instrument | Ask | Bid | Spread |
|---|---|---|---|
Euro/US Dollar EURUSD | 1.04378 | 1.04214 | 16.40 |
US Dollar/Japanese Yen USDJPY | 156.492 | 156.293 | 19.90 |
British Pound/US Dollar GBPUSD | 1.25777 | 1.25601 | 17.60 |
Australian Dollar/US Dollar AUDUSD | 0.62543 | 0.62480 | 6.30 |
Euro/Japanese Yen EURJPY | 163.371 | 162.898 | 47.30 |
Cash rebates
Tight, all-inclusive Forex spreads
Ways to trade FX pairs with Saxo
Spot FX
Buy and sell 185+ currency pairs at their current prices.
FX options
Anticipate future prices with maturities from one day to 12 months. Read more here.
FX swaps
Speculate on FX prices while hedging your exposure.
Best-in-class forex execution
Forex Trading on our award-winning trading platform
Powerful Forex trading tools
Benefit from extensive charting with 50+ technical indicators, integrated Trade Signals and innovative risk management tools.
Trade 185 FX spot pairs and 140 forwards
Access 71,000+ instruments. Trade FX, FX options, stocks, ETFs, futures, listed options and bonds from a single cross-margin, multi-currency account.
More information
Our initial margin rates start at 5% for major FX pairs including EURUSD, USDJPY, USDCAD, EURJPY and more.
See a full list of our FX margin rates for retail clients.
Read more about FX margins for retail clients 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 Forex forward outrights and Forex swaps in 140 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
Find more information about our general charges here.
Effective from 26th June 2023, there will be no minimum ticket fee charged on FX trades. You can find the Commission Threshold for each currency pair here. The trading cost for respective FX pairs can be found in the Trading Conditions on the platform under Trading rates
You can review our trading conditions for Forex here.
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