Popular instruments | Minimum spread | Initial margin* as low as |
---|---|---|
US 500 | USD 0.70 | 5% |
US Tech 100 NAS | USD 1 | 5% |
Germany 40 | EUR 1.50 | 5% |
Popular exchanges | Commission | Initial margin* as low as |
---|---|---|
NASDAQ | USD 0.02/share min. USD 4 | 20% |
New York Stock Exchange | USD 0.02/share min. USD 4 | 20% |
Deutsche Börse (XETRA) | 0.1% min. EUR 4 | 20% |
Popular instruments | Minimum spread | Initial margin* as low as |
---|---|---|
Gold | USD 0.60 | 5% |
Silver | USD 3.50 | 5% |
US Crude | USD 0.05 | 10% |
Popular instruments | Minimum spread | Initial margin* as low as |
---|---|---|
10 Year US T-Note | USD 0.06 | 20% |
German Government 5 year Bobl | EUR 0.03 | 20% |
German Government 10 year Bund | EUR 0.03 | 20% |
Please note, these prices are indicative and may vary according to your country of residence.
*Initial margin for retail clients. Professional clients can get lower margin requirements.
More reasons to trade CFDs with Saxo
You have a 23-hour trading window when you trade US500, USNAS100, and US30.
In this way, we align with global market operations, offer you flexibility, access to markets across different time zones and around the clock, and efficient risk management and price discovery.
You can trade most of our index CFDs with fractional amounts as low as 0.01 contracts or even define your quantity as a specific trading amount.
Check if a CFD index tracker is available for fractional trading in the individual instrument’s trading conditions.
When you trade in a currency that differs from your base denomination, conversions—including trading profits/losses—are executed using the relevant FX spot mid-price, based on the time of your trade, ±0.25 percent.
Learn more about conversion feesRetail CFD traders covered by ESMA regulation are eligible for negative balance protection, which prevents you from losing more money than what’s in your account.
Contact us to learn moreWe’re a licensed Danish bank regulated in 15 countries and your deposits are backed by the Danish Guarantee Fund up to EUR 100,000.
Read about usCFD trading FAQs
Live market data for index CFDs is available without a subscription. Stock and ETF CFDs have a 15-minute delay by default. To see live prices, you can subscribe to the individual exchanges for a monthly fee.
Learn more about subscriptionsReview margin requirements
We offer pre-market and after-hours trading access to the major US exchanges, including New York Stock Exchange, Nasdaq, American Stock Exchange, and Bats BZX.
Most stocks listed on these exchanges are eligible for pre-market and after-hours trading; however, availability is determined by order volume.
You should also be aware that trading pre-market and after-hours comes with additional volatility and larger price movements for many securities, in part due to lower liquidity in the market.
On our trading conditions page you can find information about market orders, order routing, exchange- and market-specific conditions, corporate actions, and more.
See trading conditionsWe offer you greater control of your trading via our fully customised orders.
Our policy is designed to ensure client orders are executed promptly, efficiently, and with the best possible terms.
The first step to trade CFDs is to fully understand the risks involved. It's essential to thoroughly research CFD trading beforehand to assess your own risk tolerance.
Our website and platform offer expert analysis, news, and more content to help you get started. To learn about CFDs in general, the associated risks, and why they can be a strategic trading product, you can check out our CFDs deep dive.
CFDs let you trade price movements of various assets like stocks, indices, and commodities without owning the underlying asset. They offer flexibility (such as allowing you to go long or short) and leverage (giving you bigger potential buying power) but carry bigger risks like magnified losses.
You’ll want to be informed and take your risk tolerance into account before deciding to invest in CFDs.
When you have a trading account with us and add funds, you can dive right into research and trade CFDs. You can also search for available CFDs in our trading app/platform before even creating an account.
You can connect to our stable, fast, flexible, and fully documented infrastructure. Tailor your setup with OpenAPI, FIX API, and plugins, including TradingView and MultiCharts.
Explore ways to connectWe’re a regulated Danish bank. This means we’re under the supervision of the Danish FSA and comply with stringent reporting requirements and client management regulations.
Your funds are protected via the Danish Guarantee Fund up to EUR 100,000.
Your securities are also protected by the Danish Guarantee Fund. Generally, securities would be returned to you in cases like suspension of payment or compulsory winding up. If we’re unable to return them, they are covered up to EUR 20,000 per client.
That depends on the account type you open.
For an individual account, these are the documents you’ll need to provide:
- Your national ID number from the country where you hold citizenship.
- Your tax ID number from your country of residence.
- A document as proof of identity (e.g., a passport, ID card, driver’s licence) and a selfie.
- A document as proof of residence (one that shows your home address, such as a residence permit, utility bill, or bank statement).
Most sign-ups for individual accounts are approved digitally within a few minutes. However, since we cannot compromise on security checks, the process can sometimes take longer. If all documents you provided meet requirements, we’ll process your application within 2 working days.
If you provide clear copies of all required documents, corporate accounts will generally be approved in about 1 week.