Trade forex

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Tight spreads across spot, options, swaps, and forwards

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Best-in-class forex execution

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Advanced tools on an award-winning platform

Forex spreads and margin

Swipe left or right for more
InstrumentsMinimum spreadInitial margin
EURUSD
EURUSD
0.5 pips5%
GBPUSD
GBPUSD
0.5 pips5%
USDJPY
USDJPY
0.6 pips5%

Please refer to the trading platform (and pre-trade tickets) for the prevailing charges and fees, in the event of any perceived inconsistencies or introducing/bespoke arrangements.

No account fees
No minimum funding

Trading platform features

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  • Efficient trade ticket

    Trade in fewer clicks with our optimised trade ticket designed for speed while providing all the info you need in the ticket itself.
  • Technical analysis and advanced charting tools

    Get integrated trade signals plus 85+ technical indicators, annotation and drawing tools, and quick trading straight from the chart.
  • Extensive risk management tools

    Use stop-limit orders, trailing stops, account-wide stop loss, cancel all orders, margin monitoring, FX exposure reports, and more to help manage your risk.
  • Comprehensive option chain

    Trade directly from the option chain and access real-time data plus crucial metrics like the Greeks and volatilities.
  • Third-party tools and APIs

    Tailor your setup with OpenAPI, FIX API, and plugins, including TradingView and MultiCharts. 

More reasons to trade FX with Saxo

With Saxo, you’ll get the best-in-class execution on market orders and no asymmetric slippage. Our fully customised orders offer you potential price improvements on every trade and an optimal balance between fill ratio and price level.

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.

We fully disclose our dealing practices and never trade against you in the market. 

See our monthly order execution statistics

With tiered margin, the average margin requirement increases with the level of exposure. As the level of exposure decreases, the margin requirement also decreases.

We use a tiered margin methodology for FX spot, forwards, and FX options.

See margin requirements

Qualify for lower fees and better service when you make more trades or increase your account value.

Learn more about account tiers

If you are eligible for an accredited investor account, you can take advantage of better margin rates for greater trading flexibility but do note that accredited Investors also forgo certain regulatory safeguards that would otherwise be available to general retail investors.

Learn more about Accredited Investor account

Saxo Markets is regulated by the Monetary Authority of Singapore and is a wholly owned subsidiary of Saxo Bank A/S. It has been operating in Singapore since 2006. 

Sharpen your strategy with curated insights

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  • Webinars

    Regular sessions designed to help you become a better investor
    Sign up for webinars
  • News and research

    Our in-house strategists deliver actionable insights across global markets, asset classes and tradable instruments directly in the platform.

    Read more
  • Forex analysis

    Forex-specific news, sentiment-tracking tools and expert insights to help you identify your next trade.
    Read more on Forex analysis

Forex trading FAQs

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 conditions
Rollover occurs when you hold a trade open overnight. The position’s value date is moved to the next day, and a daily interest adjustment is applied to cover the cost of holding the position overnight.

Read financing details
Read our margin information page to find out more about initial and maintenance margin. 

Review margin requirements
To start trading forex, first be sure you understand the risks and that you research your investment choices beforehand. Once you have a trading account, you can start researching further and investing in FX. Our website and platform offer expert analysis, news, and more content to help you get started even before you have an account.

To learn about forex in general, the associated risks, and why forex can be a strategic trading product, you can check out our forex deep dive.

Read our forex deep dive
There are benefits to trading FX that could enhance your portfolio, depending on your goals. Forex trading allows you to trade on currency price movements and access the world's largest and most liquid financial market. It offers opportunities in both rising and falling markets, but it can be highly volatile and trading with leverage increases risk, so be sure to assess your risk tolerance.

With a Saxo account, you can trade currencies as spot, options, swaps, and forwards. You can check out our forex offering in our trading platform before even creating an account.

Explore available forex pairs

Saxo Capital Markets is regulated by the Monetary Authority of Singapore. As such all client funds are kept in a segregated client funds account, separate from the company’s own money and assets.

We offer you greater control of your trading with an optimal balance between fill ratio and price level through our fully customised orders.

See our published FX order execution statistics by month for our most traded FX spot currency pairs.

Our policy is designed to ensure client orders are executed promptly, efficiently, and with the best possible terms.

Read our order execution policy

Start investing in a few easy steps

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Apply using your Singpass

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Fund your account through your preferred funding method

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Access 71,000+ instruments across all asset classes

Saxo Markets
88 Market Street
CapitaSpring #31-01
Singapore 048948

Contact Saxo

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Singapore
Singapore

Saxo Capital Markets Pte Ltd ('Saxo Markets') is a company authorised and regulated by the Monetary Authority of Singapore (MAS) [Co. Reg. No.: 200601141M ] and is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms & Risk Warning to consider whether acquiring or continuing to hold financial products is suitable for you, prior to opening an account and investing in a financial product.

Trading in financial instruments carries various risks, and is not suitable for all investors. Please seek expert advice, and always ensure that you fully understand these risks before trading. Trading in leveraged products such as Margin FX products may result in your losses exceeding your initial deposits. Saxo Markets does not provide financial advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Markets does not take into account an individual’s needs, objectives or financial situation.

The Saxo trading platform has received numerous awards and recognition. For details of these awards and information on awards visit www.home.saxo/en-sg/about-us/awards.

The information or the products and services referred to on this website may be accessed worldwide, however is only intended for distribution to and use by recipients located in countries where such use does not constitute a violation of applicable legislation or regulations. Products and Services offered on this website are not intended for residents of the United States, Malaysia and Japan. Please click here to view our full disclaimer.

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