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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider.
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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX, or any of our other products work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits on some products.
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Trade forex on an award-winning platform

Access 185 FX pairs across majors, minors and exotics, plus spot metals.

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Forex Trading with Saxo

  • Ultra-competitive FX spreads
    Trade major FX pairs from 0.4 pips. Competitive entry prices and even lower rates for active forex traders.
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  • Best-in-class execution
    Tier-1 liquidity gives higher fill-rates, fewer premature stop-outs and significant price improvements.
    Learn more
  • Award-winning platform
    Benefit from integrated Trade Signals, news feeds and innovative risk-management features.
    Learn more
  • Expert service, trusted for 30 years
    With 1,200,000 satisfied customers, Saxo Group offers world-class service around the clock.
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    Trade currency pairs with competitive spreads

    Retail
    Any
    ForexClassicPlatinumVIP
    Forex

     

    The prices above are indicative minimum spreads and will vary according to the country of residence. A full overview of exact pricing including other charges are available through the platform trade tickets. To see live and historical spreads, click here.

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    Receive lower prices as you trade more with our Platinum and VIP account tiers. Learn more

    See all FX prices

    Ways to trade FX pairs with Saxo

    Trade forex flexibly on the spot or deriviatives markets.

    • 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

    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.
      Learn more
    • 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.
      Learn more
    • 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 forex trade.
      Learn more
    • Full transparency of execution statistics
      We fully disclose our dealing practices so you can see how we conduct ourselves in the markets. Our commitment to transparency shows that our interests are aligned with yours.
      Learn more

      Find your next trade

      Get actionable insights into current market movements.

      Review today’s biggest gains and losses on the forex and spot metals markets for a snapshot of the market mood.

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      Market movers shows you the biggest price movements across selected markets. Data is delayed by up to 30 minutes. See the full disclaimer for more information.

      See more research Start trading

      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 FX 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

      Fast and reliable access to our range of FX markets from your phone, tablet, laptop, or multi-screen desktop setup. From a single multi-currency account.

      Learn more Preview platform

      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.

      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 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.

      For information on FX Forward margin requirements click here.

      Find more information about our general charges and fees here.

      A ticket fee is charged on FX trades below the Commission Threshold. You can find the Commission Threshold for each currency pair here. The ticket fee can be found on the Trading Conditions for any particular FX pair within the platform, under the Trading rates tab.

      You can review our trading conditions for Forex here.

      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.

      Find out more

      Trusted for more than 30 years

      Financial strength
      We’re a financially stable company with a robust balance sheet. We serve clients in 170 countries, hold 115+ bn USD 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.

      Learn about Saxo

      See all our products

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      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
      Additional Key Information Documents are available in our trading platform.

      Saxo is a registered Trading Name of Saxo Capital Markets UK Ltd (‘Saxo’). Saxo is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 551422. Registered address: 26th Floor, 40 Bank Street, Canary Wharf, London E14 5DA. Company number 7413871. Registered in England & Wales.

      This website, including the information and materials contained in it, are not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in the United States, Belgium or any other jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation.

      It is important that you understand that with investments, your capital is at risk. Past performance is not a guide to future performance. It is your responsibility to ensure that you make an informed decision about whether or not to invest with us. If you are still unsure if investing is right for you, please seek independent advice. Saxo assumes no liability for any loss sustained from trading in accordance with a recommendation.

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