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Brokerage fees - ProRealTime Trading with Saxo


Futures

Choose the profile which fits you best

The Trader pricing is applied by default to new accounts for the first 4 calendar months.

After this period, the "Trader" pricing will be maintained quarter after quarter as long as you met minimum volume conditions during the previous quarter.
If not, your account will be switched to "Active" or "Standard" pricing and if you then meet minimum volume conditions during a full quarter, you can request via email to upgrade to get a better pricing.
Note that only orders placed via the ProRealTime platform are taken into account for minimum volume conditions.


Benefit from ultra competitive brokerage fees from Saxo Bank,
with ProRealTime's platform and service in addition.

Brokerage fees  
Futures fee per contract
see exchange fees
platform rebate
Find out more
USD Futures
Mini S&P500, Mini Nasdaq 100, Micro E-Mini, Other USD Futures 0.85 $ + exchange fees -1
Eurex EUR Futures
Dax, Mini Dax, Other Eurex Futures 1 + exchange fees -1
French EUR Futures
FCE CAC40 1 + exchange fees -1
Netherlands EUR Futures
AEX Future 1 + exchange fees -1
Italian EUR Futures
FTSE Mib, Mini FTSE Mib 1 + exchange fees -1
Spanish EUR Futures
IBEX, Mini IBEX 1 + exchange fees -1
Other EUR Futures
Other EUR Futures 1 + exchange fees -1
GBP Futures
All GBP Futures 1 £ + exchange fees -1
CHF Futures
All CHF Futures 1.5 CHF + exchange fees -1
JPY Futures
All JPY Futures 700 ¥ + exchange fees -1

These commissions apply for each contract and for each trade (buy, sell or at expiry), and exclude regulatory fees and exchange fees.

  • Get up to 1€ platform rebate per executed contract - Find out more
  • If you meet the Active or Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees  
Futures fee per contract
see exchange fees
platform rebate
Find out more
USD Futures
Mini S&P500, Mini Nasdaq 100, Micro E-Mini, Other USD Futures 2.5 $ + exchange fees -1
Eurex EUR Futures
Dax, Mini Dax, Other Eurex Futures 2.5 + exchange fees -1
French EUR Futures
FCE CAC40 2.5 + exchange fees -1
Netherlands EUR Futures
AEX Future 2.5 + exchange fees -1
Italian EUR Futures
FTSE Mib, Mini FTSE Mib 2.5 + exchange fees -1
Spanish EUR Futures
IBEX, Mini IBEX 2.5 + exchange fees -1
Other EUR Futures
Other EUR Futures 2.5 + exchange fees -1
GBP Futures
All GBP Futures 5 £ + exchange fees -1
CHF Futures
All CHF Futures 8 CHF + exchange fees -1
JPY Futures
All JPY Futures 1,000 ¥ + exchange fees -1

See examples of fees

These commissions apply for each contract and for each trade (buy, sell or at expiry), and exclude regulatory fees and exchange fees.

Futures: example of fees

Futures fee per contract platform rebate
Find out more
your price
USD Futures
Mini S&P500, Mini Nasdaq 100, Micro E-Mini, Other USD Futures 2.5 $ 1 = 1.4 $ + exchange fees
Eurex EUR Futures
Dax, Mini Dax, Other Eurex Futures 2.5 1 = 1.5 + exchange fees
French EUR Futures
FCE CAC40 2.5 1 = 1.5 + exchange fees
Netherlands EUR Futures
AEX Future 2.5 1 = 1.5 + exchange fees
Italian EUR Futures
FTSE Mib, Mini FTSE Mib 2.5 1 = 1.5 + exchange fees
Spanish EUR Futures
IBEX, Mini IBEX 2.5 1 = 1.5 + exchange fees
Other EUR Futures
Other EUR Futures 2.5 1 = 1.5 + exchange fees
GBP Futures
All GBP Futures 5 £ 1 = 4.1 £ + exchange fees
CHF Futures
All CHF Futures 8 CHF 1 = 7 CHF + exchange fees
JPY Futures
All JPY Futures 1,000 ¥ 1 = 860 ¥ + exchange fees
Indicative price with conversion rate 1€ = 1.1 $ = 0.9 £ = 1 CHF = 140 ¥
  • No minimum fee per order
  • Lower contract fees
  • If you meet the Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees  
Futures fee per contract
see exchange fees
platform rebate
Find out more
USD Futures
Mini S&P500, Mini Nasdaq 100, Micro E-Mini, Other USD Futures 2 $ + exchange fees -1
Eurex EUR Futures
Dax, Mini Dax, Other Eurex Futures 2 + exchange fees -1
French EUR Futures
FCE CAC40 2 + exchange fees -1
Netherlands EUR Futures
AEX Future 2 + exchange fees -1
Italian EUR Futures
FTSE Mib, Mini FTSE Mib 2 + exchange fees -1
Spanish EUR Futures
IBEX, Mini IBEX 2 + exchange fees -1
Other EUR Futures
Other EUR Futures 2 + exchange fees -1
GBP Futures
All GBP Futures 2.5 £ + exchange fees -1
CHF Futures
All CHF Futures 4 CHF + exchange fees -1
JPY Futures
All JPY Futures 800 ¥ + exchange fees -1

See examples of fees

These commissions apply for each contract and for each trade (buy, sell or at expiry), and exclude regulatory fees and exchange fees.

Futures: example of fees

Futures fee per contract platform rebate
Find out more
your price
USD Futures
Mini S&P500, Mini Nasdaq 100, Micro E-Mini, Other USD Futures 2 $ 1 = 0.9 $ + exchange fees
Eurex EUR Futures
Dax, Mini Dax, Other Eurex Futures 2 1 = 1 + exchange fees
French EUR Futures
FCE CAC40 2 1 = 1 + exchange fees
Netherlands EUR Futures
AEX Future 2 1 = 1 + exchange fees
Italian EUR Futures
FTSE Mib, Mini FTSE Mib 2 1 = 1 + exchange fees
Spanish EUR Futures
IBEX, Mini IBEX 2 1 = 1 + exchange fees
Other EUR Futures
Other EUR Futures 2 1 = 1 + exchange fees
GBP Futures
All GBP Futures 2.5 £ 1 = 1.6 £ + exchange fees
CHF Futures
All CHF Futures 4 CHF 1 = 3 CHF + exchange fees
JPY Futures
All JPY Futures 800 ¥ 1 = 660 ¥ + exchange fees
Indicative price with conversion rate 1€ = 1.1 $ = 0.9 £ = 1 CHF = 140 ¥

Exchange Fees

FUTURES exchange and clearing fees as of 06/05/2021. These fees can increase or decrease at any time.

All fees are per contract.

Exchange Fees*
France
CAC40 0.3 €
Netherlands
AEX 0.36 €
Germany
DAX 0.95 €
Mini Dax 0.24 €
Micro Dax 0.95 €
Euro Stoxx 50 0.35 €
Micro Euro Stoxx 50 0.35 €
Euro Bund 0.22 €
Euro Bobl 0.22 €
Euro Buxl 0.22 €
Euro Schatz 0.22 €
TecDax 0.25 €
Switzerland
SMI Index 0.5 CHF
Italy
FTSE MIB index 0.8 €
MINI FTSE MIB 0.35 €
Spain
Ibex 35 1.3 €
Mini Ibex 0.45 €
United States
Micro e-mini S&P 500 0.2 $
Micro e-mini Nasdaq 100 0.2 $
Exchange Fees*
United States
Micro E-mini Russell 2000 1 $
Micro DJ Future (MYM) 0.2 $
Mini S&P 500 1.25 $
Mini S&P 400 1.25 $
Mini Nasdaq 1.25 $
Mini Russell 1.25 $
Mini Dow 1.25 $
Mini Euro FX 0.87 $
Mini Crude Oil 1.22 $
Mini Natural Gas 0.52 $
Brent crude oil 0.82 $
Crude oil 1.52 $
Heating oil 1.52 $
Natural gas 1.52 $
Rbob natural gas 1.52 $
Palladium 1.52 $
Platinum 1.52 $
Copper 1.52 $
Gold 1.52 $
Silver 1.52 $
Euro FX 1.62 $
AUDUSD 1.62 $
CADUSD 1.62 $
GBPUSD 1.62 $
CHFUSD 1.62 $
Exchange Fees*
United States
JPYUSD 1.62 $
MXNUSD 1.62 $
NZDUSD 1.62 $
EURCHF 1.62 CHF
EURGBP 1.32 GBP
EURJPY 177 JPY
Nikkei $ 225 (NKD) 253 JPY
Eurodollar 0.91 $
E-micro Euro FX 0.18 $
E-micro GBP/USD 2.05 $
Class 3 milk 2.05 $
Feeder cattle 2.05 $
Lean hogs 2.05 $
Live cattle 2.05 $
Lumber 2.05 $
30-year T-Bond 0.84 $
10 Year T-note 63 $
Com 1.97 $
Oat 1.97 $
Soybean 1.97 $
Soybean oil 1.97 $
Soybean meal 1.97 $
Wheat 1.97 $

*Includes exchange, clearing and some regulatory fees.

The number of executed orders to qualify for the "Active" pricing depends on your average volume per order.

You trade on average:

  • 1 contract per order: execute 15 round trip trades per month to get the "Active" pricing

  • 2 contracts per order: execute 8 round trip trades per month to get the "Active" pricing

  • 3 contracts per order: execute 5 round trip trades per month to get the "Active" pricing
    ...

It is possible to trade a variety of instruments to reach these minimums.

The number of executed orders to qualify for the "Trader" pricing depends on your average volume per order.

You trade on average:

  • 1 contract per order: execute 30 round trip trades per month to get the "Trader" pricing

  • 2 contracts per order: execute 15 round trip trades per month to get the "Trader" pricing

  • 3 contracts per order: execute 10 round trip trades per month to get the "Trader" pricing
    ...

It is possible to trade a variety of instruments to reach these minimums.

Options

Choose the profile which fits you best

The Trader pricing is applied by default to new accounts for the first 4 calendar months.

After this period, the "Trader" pricing will be maintained quarter after quarter as long as you met minimum volume conditions during the previous quarter.
If not, your account will be switched to "Active" or "Standard" pricing and if you then meet minimum volume conditions during a full quarter, you can request via email to upgrade to get a better pricing.
Note that only orders placed via the ProRealTime platform are taken into account for minimum volume conditions.


Benefit from ultra competitive brokerage fees from Saxo Bank,
with ProRealTime's platform and service in addition.

Brokerage fees  
Options fee per contract
see exchange fees
platform rebate
Find out more
INDEX / FUTURES OPTIONS
Netherlands Options
AEX Index Options 1 + exchange fees -1
French Options
CAC40 Index Options 1 + exchange fees -1
Eurex Options
Dax Index, Estoxx50 Index & Futures Options 1 + exchange fees -1
Italian Options
FTSEMIB Index Options 1 + exchange fees -1
Spanish Options
Mini IBEX Options 1 + exchange fees -1
US Options
US Futures Options 1.25 $ + exchange fees -1
STOCKS OPTIONS
Netherlands Options
AEX Stock Options 1 + exchange fees -1
French Options
CAC40 Stocks Options 1 + exchange fees -1
Eurex Options
Dax Stocks Options 1 + exchange fees -1

These commissions apply for each contract and for each trade (buy, sell or at expiry), and exclude regulatory fees and exchange fees.

  • Get up to 1€ platform rebate per executed contract - Find out more
  • If you meet the Active or Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees  
Options fee per contract
see exchange fees
platform rebate
Find out more
INDEX / FUTURES OPTIONS
Netherlands Options
AEX Index Options 3 + exchange fees -1
French Options
CAC40 Index Options 3 + exchange fees -1
Eurex Options
Dax Index, Estoxx50 Index & Futures Options 3 + exchange fees -1
Italian Options
FTSEMIB Index Options 3 + exchange fees -1
Spanish Options
Mini IBEX Options 3 + exchange fees -1
US Options
US Futures Options 3 $ + exchange fees -1
STOCKS OPTIONS
Netherlands Options
AEX Stock Options 3 + exchange fees -1
French Options
CAC40 Stocks Options 3 + exchange fees -1
Eurex Options
Dax Stocks Options 3 + exchange fees -1

See examples of fees

These commissions apply for each contract and for each trade (buy, sell or at expiry), and exclude regulatory fees and exchange fees.

Options: example of fees

Options fee per contract platform rebate
Find out more
your price
INDEX / FUTURES OPTIONS
Netherlands Options
AEX Index Options 3 1 = 2 + exchange fees
French Options
CAC40 Index Options 3 1 = 2 + exchange fees
Eurex Options
Dax Index, Estoxx50 Index & Futures Options 3 1 = 2 + exchange fees
Italian Options
FTSEMIB Index Options 3 1 = 2 + exchange fees
Spanish Options
Mini IBEX Options 3 1 = 2 + exchange fees
US Options
US Futures Options 3 $ 1 = 1.9 $ + exchange fees
STOCKS OPTIONS
Netherlands Options
AEX Stock Options 3 1 = 2 + exchange fees
French Options
CAC40 Stocks Options 3 1 = 2 + exchange fees
Eurex Options
Dax Stocks Options 3 1 = 2 + exchange fees
Exemple indicatif basé sur une parité 1 € = 1.1 $ = 0.9 £ = 1 CHF = 140 ¥
  • No minimum fee per order
  • Lower contract fees
  • If you meet the Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees  
Options fee per contract
see exchange fees
platform rebate
Find out more
INDEX / FUTURES OPTIONS
Netherlands Options
AEX Index Options 2 + exchange fees -1
French Options
CAC40 Index Options 2 + exchange fees -1
Eurex Options
Dax Index, Estoxx50 Index & Futures Options 2 + exchange fees -1
Italian Options
FTSEMIB Index Options 2 + exchange fees -1
Spanish Options
Mini IBEX Options 2 + exchange fees -1
US Options
US Futures Options 2 $ + exchange fees -1
STOCKS OPTIONS
Netherlands Options
AEX Stock Options 2 + exchange fees -1
French Options
CAC40 Stocks Options 2 + exchange fees -1
Eurex Options
Dax Stocks Options 2 + exchange fees -1

See examples of fees

These commissions apply for each contract and for each trade (buy, sell or at expiry), and exclude regulatory fees and exchange fees.

Options: example of fees

Options fee per contract platform rebate
Find out more
your price
INDEX / FUTURES OPTIONS
Netherlands Options
AEX Index Options 2 1 = 1 + exchange fees
French Options
CAC40 Index Options 2 1 = 1 + exchange fees
Eurex Options
Dax Index, Estoxx50 Index & Futures Options 2 1 = 1 + exchange fees
Italian Options
FTSEMIB Index Options 2 1 = 1 + exchange fees
Spanish Options
Mini IBEX Options 2 1 = 1 + exchange fees
US Options
US Futures Options 2 $ 1 = 0.9 $ + exchange fees
STOCKS OPTIONS
Netherlands Options
AEX Stock Options 2 1 = 1 + exchange fees
French Options
CAC40 Stocks Options 2 1 = 1 + exchange fees
Eurex Options
Dax Stocks Options 2 1 = 1 + exchange fees
Exemple indicatif basé sur une parité 1 € = 1.1 $ = 0.9 £ = 1 CHF = 140 ¥

Exchange Fees*

OPTIONS exchange and clearing fees as of 04/08/2021. These fees can increase or decrease at any time.

All fees are per contract.

Exchange Fees*
France
CAC40 Index 0.33 €
Stock 0.09 €
Netherlands
AEX Index 0.36 €
Stock 0.36 €
Germany
DAX Index 0.54 €
EuroStoxx50 Index 0.33 €
Stock 0.15 €
Futures (Bund, Bobl, Schatz) 0.22 €
Italy
FTSE MIB Index
1-7 contracts
0.5 € per order
0.71 € per contract
FTSE MIB Index
> 7 contracts
5 € per order
0.71 € per contract
Spain
IBEX 35 Mini 0.15 €
Exchange Fees*
United States
Mini Dow Jones (5$) 1.25 $
Ultra 10-Year U.S. T-Note 0.84 $
10-Year U.S. T.Note 0.84 $
5-Year U.S. T-Note 0.84 $
2-Year U.S. T-Note 0.84 $
30-Days Federal Funds 0.97 $
Ultra T-Bond 0.84 $
U.S. T-Bond 0.84 $
30-Year U.S. T-Bond 0.84 $
Corn 1.97 $
Soybean Oil 1.97 $
Soybean Meal 1.97 $
Soybeans 1.97 $
Wheat 1.97 $
Eurodollar 0.91 $
Euro/British Pound 1.18 GBP
Exchange Fees*
United States
Other Forex Options 1.62 $
Micro S&P500 0.22 $
Micro NASDAQ100 0.22 $
Mini S&P500 0.57 $
Mini NASDAQ100 0.57 $
Lean Hogs 2.05 $
Live Cattle 2.05 $
Gold 1.52 $
Silver 1.52 $
Copper 1.52 $
Light Sweet Crude Oil 1.52 $
RBOB Gasoline 1.52 $
Heating Oil 1.52 $
Henry Hub Natural Gas 1.52 $
Platinum 1.52 $

*Includes exchange, clearing and regulatory fees.

The number of executed orders to qualify for the "Active" pricing depends on your average volume per order.

You trade on average:

  • 1 contract per order: execute 15 round trip trades per month to get the "Active" pricing

  • 2 contracts per order: execute 8 round trip trades per month to get the "Active" pricing

  • 3 contracts per order: execute 5 round trip trades per month to get the "Active" pricing
    ...

It is possible to trade a variety of instruments to reach these minimums.

The number of executed orders to qualify for the "Trader" pricing depends on your average volume per order.

You trade on average:

  • 1 contract per order: execute 30 round trip trades per month to get the "Trader" pricing

  • 2 contracts per order: execute 15 round trip trades per month to get the "Trader" pricing

  • 3 contracts per order: execute 10 round trip trades per month to get the "Trader" pricing
    ...

It is possible to trade a variety of instruments to reach these minimums.

Stocks, ETFs

Choose the profile which fits you best

The "Trader" pricing is applied by default to new accounts for the first 4 calendar months.

After this period, the "Trader" pricing will be maintained quarter after quarter as long as you met minimum volume conditions during the previous quarter.
If not, you account will be switched to "Active" or "Standard" pricing and if you then meet minimum volume conditions during a full quarter, you can request via email to upgrade to get a better pricing.
Note that only orders placed via the ProRealTime platform are taken into account for minimum volume conditions.


Brokerage fees  
Country FEE PER ORDER (1) Minimum fee per order platform rebate
Find out more
NASDAQ
0.01 $ per share traded 1.95 $ -1
NYSE
0.01 $ per share traded 1.95 $ -1
NYSE American (AMEX)
0.01 $ per share traded 1.95 $ -1
London Stock Exchange
0.06 % of trade value 2.95 £ -1
Deutsche Börse (XETRA)
0.05 % of trade value 2.95 -1
Euronext Amsterdam (AEX)
0.06 % of trade value 2.95 -1
Euronext Paris
0.05 % of trade value 2.95 -1
Milan Stock Exchange
0.06 % of trade value 2.95 -1
Euronext Lisbon
0.06 % of trade value 2.95 -1
BME Spanish Exchanges
0.06 % of trade value 2.95 -1
Euronext Brussels
0.06 % of trade value 2.95 -1
Other exchanges
See fees for other exchanges
  • Get up to 1€ platform rebate per executed order - Find out more
  • If you meet the Active or Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees  
Country FEE PER ORDER (1) Minimum fee per order platform rebate
Find out more
NASDAQ
0.02 $ per share traded 1.95 $ -1
NYSE
0.02 $ per share traded 1.95 $ -1
NYSE American (AMEX)
0.02 $ per share traded 1.95 $ -1
London Stock Exchange
0.1 % of trade value 4.95 £ -1
Deutsche Börse (XETRA)
0.1 % of trade value 4.95 -1
Euronext Amsterdam (AEX)
0.1 % of trade value 4.95 -1
Euronext Paris
0.1 % of trade value 4.95 -1
Milan Stock Exchange
0.1 % of trade value 4.95 -1
Euronext Lisbon
0.1 % of trade value 4.95 -1
BME Spanish Exchanges
0.1 % of trade value 4.95 -1
Euronext Brussels
0.1 % of trade value 4.95 -1
Other exchanges
See fees for other exchanges
  • Get up to 1€ platform rebate per executed order
  • Lower fees
  • If you meet the Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees  
Country FEE PER ORDER (1) Minimum fee per order platform rebate
Find out more
NASDAQ
0.015 $ per share traded 1.95 $ -1
NYSE
0.015 $ per share traded 1.95 $ -1
NYSE American (AMEX)
0.015 $ per share traded 1.95 $ -1
London Stock Exchange
0.08 % of trade value 4.95 £ -1
Deutsche Börse (XETRA)
0.07 % of trade value 4.95 -1
Euronext Amsterdam (AEX)
0.08 % of trade value 4.95 -1
Euronext Paris
0.07 % of trade value 4.95 -1
Milan Stock Exchange
0.08 % of trade value 4.95 -1
Euronext Lisbon
0.08 % of trade value 4.95 -1
BME Spanish Exchanges
0.08 % of trade value 4.95 -1
Euronext Brussels
0.08 % of trade value 4.95 -1
Other exchanges
See fees for other exchanges

Forex

  • Trade on the unmodified Bid / Ask with no added spread
  • Brokerage fees billed separately from your transactions with no added spread
  • Free access to Forex real-time data including tick volume
  • Choose your lot size — starting at only 1 K

Choose the profile which fits you best

The Trader pricing is applied by default to new accounts for the first 4 calendar months.

After this period, the "Trader" pricing will be maintained quarter after quarter as long as you met minimum volume conditions during the previous quarter.
If not, you account will be switched to "Active" or "Standard" pricing and if you then meet minimum volume conditions during a full quarter, you can request via email to upgrade to get a better pricing.
Note that only orders placed via the ProRealTime platform are taken into account for minimum volume conditions.


Brokerage fees and exchange transaction fees included  
  FEE PER ORDER Minimum fee per order platform rebate
Find out more
189 currency pairs (see full list)
0.2
Basis point
×
Trade value
1 basis point = 0.0001
1 $ -1
  • Get up to 1€ platform rebate per executed order - Find out more
  • If you meet the Active or Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees and exchange transaction fees included  
  FEE PER ORDER Minimum fee per order platform rebate
Find out more
189 currency pairs (see full list)
0.35
Basis point
×
Trade value
1 basis point = 0.0001
1 $ -1
  • Get up to 1€ platform rebate per executed order
  • Lower fees
  • If you meet the Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees and exchange transaction fees included  
  FEE PER ORDER Minimum fee per order platform rebate
Find out more
189 currency pairs (see full list)
0.25
Basis point
×
Trade value
1 basis point = 0.0001
1 $ -1

See examples of fees

Forex: example of fees

  lot size FEE PER ORDER platform rebate
Find out more
your price*
flag-eu flag-us
EUR / USD
50 K
(@1.1 )
1
(1.1 $ *)
1 = 0
100 K
(@1.1 )
2
(2.2 $ *)
1 = 1
flag-en flag-us
GBP / USD
50 K
(@1.6 )
1.45
(1.6 $ *)
1 = 0.45
100 K
(@1.6 )
2.91
(3.2 $ *)
1 = 1.91
* Indicative example with conversion rate 1 € = 1.1 $
  lot size FEE PER ORDER platform rebate
Find out more
your price*
flag-eu flag-us
EUR / USD
50 K
(@1.1 )
1.75
(1.93 $ *)
1 = 0.75
100 K
(@1.1 )
3.5
(3.85 $ *)
1 = 2.5
flag-en flag-us
GBP / USD
50 K
(@1.6 )
2.55
(2.81 $ *)
1 = 1.55
100 K
(@1.6 )
5.09
(5.6 $ *)
1 = 4.09
* Indicative example with conversion rate 1 € = 1.1 $
  lot size FEE PER ORDER platform rebate
Find out more
your price*
flag-eu flag-us
EUR / USD
50 K
(@1.1 )
1.25
(1.38 $ *)
1 = 0.25
100 K
(@1.1 )
2.5
(2.75 $ *)
1 = 1.5
flag-en flag-us
GBP / USD
50 K
(@1.6 )
1.82
(2 $ *)
1 = 0.82
100 K
(@1.6 )
3.64
(4 $ *)
1 = 2.64
* Indicative example with conversion rate 1 € = 1.1 $

Show calculations examples

1 basis point = 0.0001. The commissions for trading forex are calculated from the value of the trade and charged in the base currency of your account. You will find calculation examples below.

EXAMPLE 1: EUR/USD

Transaction with the following parameters:

  • Instrument: EUR/USD
  • Lot size: 100,000 (standard lot size)
  • Bid/Ask on EUR/USD: 1.19995 / 1.20000
  • Previous day close for EUR/USD: 1.2
  • Side and quantity: Buy 1 lot at market
EXAMPLE 2: GBP/USD

Transaction with the following parameters:

  • Instrument: GBP/USD
  • Lot size: 50,000
  • Bid/Ask on GBP/USD: 1.60000 / 1.60005
  • Previous day close for EUR/USD: 1.2
  • Side and quantity: Sell 1 lot at market
Fee = 0.2 basis point × trade value
= [0.2 × basis point] × [trade value]
= [0.2 × 0.0001] × [1.20000 $ × 100,000](A)
= 0.00002 × 120,000 $
= 2.4 $
Fee = 0.2 basis point × trade value
= [0.2 × basis point] × [trade value]
= [0.2 × 0.0001] × [1.60000 $ × 50,000](A)
= 0.00002 × 80,000 $
= 1.6 $

(A) To calculate trade value, multiply the lot size you are trading with by the Ask price if you are buying at market, or by the Bid price if you are selling at market.

Forex currency pairs

Code Name
AUDCAD Spot AUD/CAD
AUDCHF Spot AUD/CHF
AUDCNH Spot AUD/CNH
AUDCZK Spot AUD/CZK
AUDDKK Spot AUD/DKK
AUDEUR Spot AUD/EUR
AUDGBP Spot AUD/GBP
AUDHKD Spot AUD/HKD
AUDHUF Spot AUD/HUF
AUDJPY Spot AUD/JPY
AUDMXN Spot AUD/MXN
AUDNOK Spot AUD/NOK
AUDNZD Spot AUD/NZD
AUDPLN Spot AUD/PLN
AUDSEK Spot AUD/SEK
AUDSGD Spot AUD/SGD
AUDTRY Spot AUD/TRY
AUDUSD Spot AUD/USD
AUDZAR Spot AUD/ZAR
CADCHF Spot CAD/CHF
CADCNH Spot CAD/CNH
CADEUR Spot CAD/EUR
CADHKD Spot CAD/HKD
CADJPY Spot CAD/JPY
CADMXN Spot CAD/MXN
CADNOK Spot CAD/NOK
CADPLN Spot CAD/PLN
CADSEK Spot CAD/SEK
CADSGD Spot CAD/SGD
CADTRY Spot CAD/TRY
CADUSD Spot CAD/USD
CADZAR Spot CAD/ZAR
CHFAUD Spot CHF/AUD
CHFCNH Spot CHF/CNH
CHFCZK Spot CHF/CZK
CHFDKK Spot CHF/DKK
CHFHKD Spot CHF/HKD
CHFHUF Spot CHF/HUF
CHFJPY Spot CHF/JPY
CHFMXN Spot CHF/MXN
CHFNOK Spot CHF/NOK
CHFPLN Spot CHF/PLN
CHFSEK Spot CHF/SEK
CHFSGD Spot CHF/SGD
CHFTRY Spot CHF/TRY
CHFUSD Spot CHF/USD
CHFZAR Spot CHF/ZAR
CNHHKD Spot CNH/HKD
CNHJPY Spot CNH/JPY
CZKPLN Spot CZK/PLN
DKKCZK Spot DKK/CZK
DKKHUF Spot DKK/HUF
DKKJPY Spot DKK/JPY
DKKPLN Spot DKK/PLN
DKKSGD Spot DKK/SGD
DKKZAR Spot DKK/ZAR
EURAUD Spot EUR/AUD
EURCAD Spot EUR/CAD
EURCHF Spot EUR/CHF
EURCNH Spot EUR/CNH
EURCZK Spot EUR/CZK
EURDKK Spot EUR/DKK
EURGBP Spot EUR/GBP
Code Name
EURHKD Spot EUR/HKD
EURHUF Spot EUR/HUF
EURILS Spot EUR/ILS
EURJPY Spot EUR/JPY
EURMXN Spot EUR/MXN
EURNOK Spot EUR/NOK
EURNZD Spot EUR/NZD
EURPLN Spot EUR/PLN
EURRON Spot EUR/RON
EURRUB Spot EUR/RUB
EURSEK Spot EUR/SEK
EURSGD Spot EUR/SGD
EURTHB Spot EUR/THB
EURTRY Spot EUR/TRY
EURUSD Spot EUR/USD
EURZAR Spot EUR/ZAR
GBPAUD Spot GBP/AUD
GBPCAD Spot GBP/CAD
GBPCHF Spot GBP/CHF
GBPCNH Spot GBP/CNH
GBPCZK Spot GBP/CZK
GBPDKK Spot GBP/DKK
GBPEUR Spot GBP/EUR
GBPHKD Spot GBP/HKD
GBPHUF Spot GBP/HUF
GBPILS Spot GBP/ILS
GBPJPY Spot GBP/JPY
GBPMXN Spot GBP/MXN
GBPNOK Spot GBP/NOK
GBPNZD Spot GBP/NZD
GBPPLN Spot GBP/PLN
GBPSEK Spot GBP/SEK
GBPSGD Spot GBP/SGD
GBPTRY Spot GBP/TRY
GBPUSD Spot GBP/USD
GBPZAR Spot GBP/ZAR
HKDJPY Spot HKD/JPY
HUFJPY Spot HUF/JPY
JPYDKK Spot JPY/DKK
JPYEUR Spot JPY/EUR
JPYHKD Spot JPY/HKD
JPYNOK Spot JPY/NOK
JPYUSD Spot JPY/USD
MXNJPY Spot MXN/JPY
MXNUSD Spot MXN/USD
NOKCZK Spot NOK/CZK
NOKDKK Spot NOK/DKK
NOKJPY Spot NOK/JPY
NOKSEK Spot NOK/SEK
NOKUSD Spot NOK/USD
NZDAUD Spot NZD/AUD
NZDCAD Spot NZD/CAD
NZDCHF Spot NZD/CHF
NZDCNH Spot NZD/CNH
NZDCZK Spot NZD/CZK
NZDDKK Spot NZD/DKK
NZDEUR Spot NZD/EUR
NZDGBP Spot NZD/GBP
NZDHKD Spot NZD/HKD
NZDHUF Spot NZD/HUF
NZDJPY Spot NZD/JPY
NZDMXN Spot NZD/MXN
NZDNOK Spot NZD/NOK
Code Name
NZDPLN Spot NZD/PLN
NZDSEK Spot NZD/SEK
NZDSGD Spot NZD/SGD
NZDTRY Spot NZD/TRY
NZDUSD Spot NZD/USD
NZDZAR Spot NZD/ZAR
PLNDKK Spot PLN/DKK
PLNHUF Spot PLN/HUF
PLNJPY Spot PLN/JPY
PLNSEK Spot PLN/SEK
SEKDKK Spot SEK/DKK
SEKJPY Spot SEK/JPY
SEKNOK Spot SEK/NOK
SEKPLN Spot SEK/PLN
SGDCNH Spot SGD/CNH
SGDHKD Spot SGD/HKD
SGDJPY Spot SGD/JPY
SGDSEK Spot SGD/SEK
TRYDKK Spot TRY/DKK
TRYJPY Spot TRY/JPY
TRYZAR Spot TRY/ZAR
USDAED Spot USD/AED
USDAUD Spot USD/AUD
USDCAD Spot USD/CAD
USDCHF Spot USD/CHF
USDCNH Spot USD/CNH
USDCZK Spot USD/CZK
USDDKK Spot USD/DKK
USDHKD Spot USD/HKD
USDHUF Spot USD/HUF
USDILS Spot USD/ILS
USDJPY Spot USD/JPY
USDMXN Spot USD/MXN
USDNOK Spot USD/NOK
USDPLN Spot USD/PLN
USDRON Spot USD/RON
USDRUB Spot USD/RUB
USDSAR Spot USD/SAR
USDSEK Spot USD/SEK
USDSGD Spot USD/SGD
USDTHB Spot USD/THB
USDTRY Spot USD/TRY
USDZAR Spot USD/ZAR
XAGAUD Spot XAG/AUD
XAGCNH Spot XAG/CNH
XAGEUR Spot XAG/EUR
XAGHKD Spot XAG/HKD
XAGJPY Spot XAG/JPY
XAGUSD Spot XAG/USD
XAUAUD Spot XAU/AUD
XAUCHF Spot XAU/CHF
XAUCNH Spot XAU/CNH
XAUEUR Spot XAU/EUR
XAUHKD Spot XAU/HKD
XAUJPY Spot XAU/JPY
XAURUB Spot XAU/RUB
XAUTHB Spot XAU/THB
XAUTRY Spot XAU/TRY
XAUUSD Spot XAU/USD
XAUXAG Spot XAU/XAG
XPTUSD Spot XPT/USD
XPTZAR Spot XPT/ZAR
ZARJPY Spot ZAR/JPY

Forex trading hours are from Sunday 10 pm (GMT) to Friday 9 pm (GMT) without interruption.
List of available Forex pairs as of 1/18/20.

Crypto Forex *

  • Trade on the unmodified Bid / Ask with no added spread
  • Brokerage fees billed separately from your transactions with no added spread
  • Fractional trading supported (minimum trade size: 0.01 BTC / 0.1 ETH / 1 LTC)

Choose the profile which fits you best

The Trader pricing is applied by default to new accounts for the first 4 calendar months.

After this period, the "Trader" pricing will be maintained quarter after quarter as long as you met minimum volume conditions during the previous quarter.
If not, you account will be switched to "Active" or "Standard" pricing and if you then meet minimum volume conditions during a full quarter, you can request via email to upgrade to get a better pricing.
Note that only orders placed via the ProRealTime platform are taken into account for minimum volume conditions.


Brokerage fees and exchange transaction fees included  
  FEE PER ORDER Minimum fee per order platform rebate
Find out more
9 crypto FX pairs (see full list)
5.6
Basis point
×
Trade value
1 basis point = 0.0001
1 $ -1
  • Get up to 1€ platform rebate per executed order - Find out more
  • If you meet the Active or Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees and exchange transaction fees included  
  FEE PER ORDER Minimum fee per order platform rebate
Find out more
9 crypto FX pairs (see full list)
9.8
Basis point
×
Trade value
1 basis point = 0.0001
1 $ -1
  • Get up to 1€ platform rebate per executed order
  • Lower fees
  • If you meet the Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees and exchange transaction fees included  
  FEE PER ORDER Minimum fee per order platform rebate
Find out more
9 crypto FX pairs (see full list)
7
Basis point
×
Trade value
1 basis point = 0.0001
1 $ -1

See examples of fees

* Crypto Forex is not available to residents of the following countries/regions: China, Hong Kong, Germany, Netherlands, Belgium, Latin America, United Kingdom.

Crypto Forex: example of fees

  lot size FEE PER ORDER platform rebate
Find out more
your price*
BTC / USD 0.1
(@35,000)
1.78
(1.96 $ *)
1 = 0.78
ETH / USD 1.5
(@2,500)
1.91
(2.1 $ *)
1 = 0.91
LTC / USD 20
(@150)
1.53
(1.68 $ *)
1 = 0.53
* Indicative example with conversion rate 1 € = 1.1 $
  lot size FEE PER ORDER platform rebate
Find out more
your price*
BTC / USD 0.1
(@35,000)
3.12
(3.43 $ *)
1 = 2.12
ETH / USD 1.5
(@2,500)
3.34
(3.68 $ *)
1 = 2.34
LTC / USD 20
(@150)
2.67
(2.94 $ *)
1 = 1.67
* Indicative example with conversion rate 1 € = 1.1 $
  lot size FEE PER ORDER platform rebate
Find out more
your price*
BTC / USD 0.1
(@35,000)
2.23
(2.45 $ *)
1 = 1.23
ETH / USD 1.5
(@2,500)
2.39
(2.63 $ *)
1 = 1.39
LTC / USD 20
(@150)
1.91
(2.1 $ *)
1 = 0.91
* Indicative example with conversion rate 1 € = 1.1 $

Crypto FX pairs

Code Name
BTCUSD Spot BTC/USD
BTCEUR Spot BTC/EUR
BTCJPY Spot BTC/JPY
Code Name
ETHUSD Spot ETH/USD
ETHEUR Spot ETH/EUR
ETHJPY Spot ETH/JPY
Code Name
LTCUSD Spot LTC/USD
LTCEUR Spot LTC/EUR
LTCJPY Spot LTC/JPY

Crypto Forex trading hours are from Sunday 10 pm (GMT) to Friday 9 pm (GMT) without interruption.
List of available Crypto Forex pairs as of 7/7/21.

Precious metals spot trading

Choose the profile which fits you best

The Trader pricing is applied by default to new accounts for the first 4 calendar months.

After this period, the "Trader" pricing will be maintained quarter after quarter as long as you met minimum volume conditions during the previous quarter.
If not, you account will be switched to "Active" or "Standard" pricing and if you then meet minimum volume conditions during a full quarter, you can request via email to upgrade to get a better pricing.
Note that only orders placed via the ProRealTime platform are taken into account for minimum volume conditions.


Brokerage fees and exchange transaction fees included  
Metal FEE PER ORDER Minimum fee per order platform rebate
Find out more
XAU/USD London gold ounce (XAU/USD)
0.2
Basis point
×
Trade value
1 basis point = 0.0001
1 $ -1
XAG/USD London silver ounce (XAG/USD)
  • Get up to 1€ platform rebate per executed order - Find out more
  • If you meet the Active or Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees and exchange transaction fees included  
Metal FEE PER ORDER Minimum fee per order platform rebate
Find out more
XAU/USD London gold ounce (XAU/USD)
0.35
Basis point
×
Trade value
1 basis point = 0.0001
1 $ -1
XAG/USD London silver ounce (XAG/USD)
  • Get up to 1€ platform rebate per executed order
  • Lower fees
  • If you meet the Trader pricing conditions during a 3 month period, you can request via email to upgrade to get lower fees.
Brokerage fees and exchange transaction fees included  
Metal FEE PER ORDER Minimum fee per order platform rebate
Find out more
XAU/USD London gold ounce (XAU/USD)
0.25
Basis point
×
Trade value
1 basis point = 0.0001
1 $ -1
XAG/USD London silver ounce (XAG/USD)

See examples of fees

Precious metals spot trading: examples of fees

  lot size FEE PER ORDER platform rebate
Find out more
your price*
XAU/USD
London gold ounce (XAU/USD)
50
(@1,300 )
1.19
(1.31 $ *)
1 = 0.19
100
(@1,300 )
2.37
(2.61 $ *)
1 = 1.37
XAG/USD
London silver ounce (XAG/USD)
3,000
(@22 )
1.2
(1.32 $ *)
1 = 0.2
5,000
(@22 )
2
(2.2 $ *)
1 = 1
* Indicative example with conversion rate 1 € = 1.1 $
  lot size FEE PER ORDER platform rebate
Find out more
your price*
XAU/USD
London gold ounce (XAU/USD)
50
(@1,300 )
2.07
(2.28 $ *)
1 = 1.07
100
(@1,300 )
4.14
(4.55 $ *)
1 = 3.14
XAG/USD
London silver ounce (XAG/USD)
3,000
(@22 )
2.1
(2.31 $ *)
1 = 1.1
5,000
(@22 )
3.5
(3.85 $ *)
1 = 2.5
* Indicative example with conversion rate 1 € = 1.1 $
  lot size FEE PER ORDER platform rebate
Find out more
your price*
XAU/USD
London gold ounce (XAU/USD)
50
(@1,300 )
1.48
(1.63 $ *)
1 = 0.48
100
(@1,300 )
2.96
(3.26 $ *)
1 = 1.96
XAG/USD
London silver ounce (XAG/USD)
3,000
(@22 )
1.5
(1.65 $ *)
1 = 0.5
5,000
(@22 )
2.5
(2.75 $ *)
1 = 1.5
* Indicative example with conversion rate 1 € = 1.1 $

Platform fees & platform rebates

When you place orders with the ProRealTime platform, you get a platform rebate for each executed order or contract.

The platform rebates are deduced from your monthly subscription to the ProRealTime platform.

1st and 2nd calendar months ProRealTime platform FREE
3rd month and beyond
Platform fee − Rebates
from executed orders
= Get your platform for free
or at a reduced price


Platform fee before rebates
Product Monthly fee
Platform license 29.96 € /mth excl.tax
Forex & spot metals Free real-time access
Stocks / Futures / Options Starting at 9 € /mth excl.tax
Delayed data Free
Rebates from executed orders
Type of instrument Rebate on entry Rebate on exit
Futures / Options -1 € per contract -1 € per contract
Forex / Metals -1 € per order -1 € per order
Stocks, ETFs, Turbos -1 € per order -1 € per order


Notes:

  • The trading platform rebates from orders executed the previous month are deducted from the price of your trading platform for the following month and are only available with monthly recurring subscription plans.
  • In a given month, if the amount of the rebate is greater than the cost of your next monthly trading platform subscription price, the balance is carried forward to the following months with a maximum possible credit of 200 € for Complete workstation subscribers, and 2,000 € for Premium workstation subscribers. After a period of 6 months without any executed order through the ProRealTime Trading platform, any potential credited amount is lost.
  • The trading platform rebates and possible credited amounts can only be used in deduction of your ProRealTime software subscription.
  • If your trading platform subscription payment is in USD, the rebates will be converted from EUR to USD at the rate on the day the rebate is used.
  • Only the orders you place through the ProRealTime platform or ProRealTime mobile platform are eligible to give workstation rebates when executed.

Examples of platform cost based on your trading activity

  • You trade on Forex
  • Your monthly platform fee before rebates is: 35.95 € incl. VAT
    Details: [Platform fee: 29.96 €] + [20% VAT ]
Number of trades in a given month Fee before rebates Platform rebates Cost
You make 0 trades 35.95 € 0 € = 35.95 €
You make 10 round trades 35.95 € 20 € = 15.95 €
You make 15 round trades 35.95 € 30 € = 5.95 €
You make 20 round trades 35.95 € 40 € = FREE

Remaining rebates at the end of a given month will be automatically carried over the next month.

You make 55 round trades 35.95 € 110 € = FREE for 3 months

You can also use them to add services to your access for free (ex: additional markets, professional news, ...).

  • You trade the S&P mini future
  • Your monthly platform fee before rebates is: 82.75 € incl. VAT
    Details: [Platform fee: 29.96 €] + [real-time fee for CME mini futures: 39€] + [20% VAT]
Number of trades in a given month Fee before rebates Platform rebates Cost
You make 0 trades 82.75 € 0 € = 77.95 €
You make 15 round trades 82.75 € 30 € = 52.75 €
You make 30 round trades 82.75 € 60 € = 22.75 €
You make 45 round trades 82.75 € 90 € = FREE

Remaining rebates at the end of a given month will be automatically carried over the next month.

You make 90 round trades 82.75 € 180 € = FREE for 2 months

You can also use them to add services to your access for free (ex: additional markets, professional news, ...).

See real-time data fees for other futures

  • You trade NYSE Stocks
  • Your monthly platform fee before rebates is: 46.75 € incl. VAT
    Details: [Platform fee: 29.96 €] + [real-time fee for NYSE Stocks: 9 €] + [20% VAT]
Number of trades in a given month Fee before rebates Platform rebates Cost
You make 0 trades 46.75 € 0 € = 46.75 €
You make 10 round trades 46.75 € 20 € = 26.75 €
You make 20 round trades 46.75 € 40 € = 6.75 €
You make 25 round trades 46.75 € 50 € = FREE

Remaining rebates at the end of a given month will be automatically carried over the next month.

You make 50 round trades 46.75 € 100 € = FREE for 2 months

You can also use them to add services to your access for free (ex: additional markets, professional news, ...).

See real-time data fees for other stock markets

Are you an active trader?

[url_email]Contact-us[/url_email] for an offer based on your trading volume

Phone +44 (0)20 3868 8510
Email [url_email] [var_email] [/url_email]
  Eligible for volume discounts
Stocks, ETFs, Turbos > 40 orders on stocks per month or orders above 100k
Futures > 30 contracts per month, all futures combined
options > 30 contracts per month, all options combined
Forex > 40 standard size lots or equivalent
Precious metals > 40 standard size lots or equivalent

Other fees

Currency conversion fees

Currency conversions are executed using the FX spot mid-price, based on the time you close your position, plus/minus the fee indicated below.

Automatic currency conversions will occur when you trade an instrument in a currency that differs from your base currency (for example when: buying/selling stocks, closing a position with gains/losses, paying/receiving options premium, ...).

Fee
Currency conversion 0.5 % of converted amount

Forex Financing fees

Open positions held at the end of a trading day are rolled forward to the next available business day.

The rollover is made up of two components; the Tom/Next swap points (Forward Price) and the Financing of unrealised profit/loss (Financing Interest).

  • Tom/Next swap points (Forward Price): The swap points used are calculated using market swap prices from Tier-1 banks, plus/minus a mark-up indicated below on the Tom/Next interest swap rates. The final rate is used to adjust the opening price of the position.
  • Financing of unrealised profit/loss (Financing Interest): Any unrealised profit/loss on positions that are rolled from one day to the next are subject to an interest credit or debit. The rate is calculated based on the daily market overnight interest rates plus/minus a mark-up indicated below. The final rate is used to adjust the opening price of the position.
Fee
Tom/Next Swap Points (Forward Price) +/- 0.45 %
Tom/Next Swap Points (Forward Price) - Crypto FX +/- 2.7 %
Financing of unrealised profit/loss +/- 2.75 %
Financing of unrealised profit/loss - Crypto FX +/- 2.75 %

Notes :

  • The global market convention is that the value date rolls forward at 17.00 Eastern Standard Time, however there are exceptions to this rule e.g. NZD, which rolls forward at 07.00 New Zealand Daylight Time.
  • An additional +/- 0.30% mark-up is applied to Mexican Peso (MXN), Russian Ruble (RUB), Turkish Lira (TRY) and South African Rand (ZAR) currency crosses.
  • Historical swap points are available on the Saxo website here.

Credit and debit interests

Interest on your main account is calculated on the Net Free Equity.

Interest on sub-accounts is calculated on the Account Value.

Since the Net Free Equity is calculated on open trade positions on all your accounts, it is important to make sure that sufficient cash is available on your main account. Otherwise, you risk being subject to a debit interest on your main account.

Net Free Equity is:

  • value dated cash balance of your main trading account
  • Plus or minus any unrealised profits or losses from open CFDs, FX Forwards and Futures on your main trading account
  • Plus the market value of any FX Options on your main trading account
  • Minus any margin required for financing open positions on your main trading account and sub-accounts

Interest will be calculated daily and settled monthly - within seven business days after the end of each calendar month.

Credit interests for currencies with positive rates

For positive Net Free Equity, the interest will be the highest of either: the market bid rates minus the markdown or zero. Interest will be paid on the full amount, if Account Values/Net Free Equity is above threshold.

Standard Active Trader
Net Free Equity above USD (or equivalent) 250,000 100,000 50,000
Credit interests Market rate -3% Market rate -3% Market rate -1%

Interests for currencies with negative rates

Some central banks apply negative interest rates on the currencies below. The charge applies to balances above the thresholds indicated in the table below.

Standard Active Trader
Negative interests Central Bank rate -0.5% Central Bank rate -0.25% Central Bank rate
Threshold EUR NFE above 50,000 NFE above 100,000 NFE above 1,000,000
Threshold CHF NFE above 50,000 NFE above 100,000 NFE above 1,000,000
Threshold DKK NFE above 375,000 NFE above 750,000 NFE above 7,500,000

Debit interests

The following Debit interests apply in case of negative Account Values/Net Free Equity.

The interest will be the highest of either: the market rates plus the markup below or the markup below.

Standard Active Trader
Debit interests for negative Account Values/Net Free Equity Market rate +8% Market rate +7% Market rate +6%

Manual order fee

Clients placing orders over the phone, chat or email will be subject to a manual order fee of EUR 50 per order. Certain products that cannot be traded on the platform may be exempt.

Miscellaneous

  • Split Orders: In case an order regarding a security is split, and filled partially over a period of more than one day, the total trading costs may increase. The reason for such increase is that the minimum fee may be charged more than one time based on the number of days necessary for the total execution of the order.
  • Physical delivery Futures: Taking or making physical delivery in an underlying asset is not offered. If futures positions are not closed before the relevant date (day before the "first notice date" or expiry date), Saxo will close the position on your behalf at the first available opportunity at the prevailing market rate, which will incur additional charges.
  • Reporting fee: a fee of USD 50 – or the equivalent amount in the account currency – will be charged when client requests online reports to be delivered by email. This fee will also apply for third-party requests for reports from, for example, auditors.
  • Proxy voting service fee: A proxy voting service fee of 30 EUR (excl. VAT) per quarter will be charged to clients who subscribe to Saxo Bank's meeting services. In addition, a 5 EUR (excl. VAT) per vote fee will be levied for every vote or change to a vote.
  • 1042-s form: you can request forms 1042-S, however a 1 000 EUR handling fee per income may apply. Contact Saxo to learn more.

Minimum activity

An inactivity fee on the amount of USD 100.00 –or the equivalent amount in the account currency- will be charged where the client does not execute any trades on his/her account for a period of 6 consecutive months (180 days).

Custody & carrying fees

For accounts with stock, ETFs/ETCs or bond positions the custody fees below apply. The custody fee will be calculated daily using the end of day values and charged on a monthly basis. Regional differences may apply.

Positions held overnight in Listed Futures, CFD Futures, and short Listed Options will be subject to a carrying cost. The carrying cost is calculated on the basis of the daily margin requirement and applied when a position is held overnight. It is charged at the end of each month.

The carrying cost is based on the relevant Interbank-rate (floored at 0%) plus the rate (in percentage) from the table below:
Carrying Cost = Margin requirement x Days held x (Interbank rate + rate below) / (360 days)

Standard Active Trader Monthly minimum fee
Stocks and ETFs/ETCs 0.25 % per year 0.2 % per year 0.12 % per year 5 €
Bonds 0.25 % per year 0.2 % per year 0.12 % per year 5 €
Futures 3.5 % of margin requirement
per year
1.5 % of margin requirement
per year
0.5 % of margin requirement
per year
-
Short listed Options 3.5 % of margin requirement
per year
1.5 % of margin requirement
per year
0.5 % of margin requirement
per year
-

Please note VAT applies in addition to the custody fee.

Learn more

Individual clients:

  • residing within the EU, Danish VAT 25 % will apply
  • residing outside of the EU, no VAT will be applied by Saxo Bank A/S

Corporate/Institutional clients:

  • having its place of business in Denmark, Danish VAT 25 % will apply
  • having its place of business within the EU (except for Denmark), no VAT will be applied by Saxo Bank A/S if a valid EU VAT ID is provided.* A reverse charge invoice will be provided.
  • having its place of business within the EU (except for Denmark), Danish VAT 25 % will be applied if a valid EU VAT ID is not provided.
  • having its place of business outside the EU, no VAT will be applied by Saxo Bank A/S, but local VAT rules may apply

* Only a EU VAT ID that is verifiable through the EU commission's website will be registered as a valid EU VAT ID. If the EU VAT ID is not verifiable, please contact your local VAT authority.

Italian Financial Transaction Tax for derivatives

The tax applies on Buys and Sells of all Italian Derivatives whose underlying assets are equity instruments issued by Italian companies, regardless of the client's country of residence.

Transaction value (Euros) 0-2.5k 2.5-5k 5-10k 10-50k 50-100k 100-500k 500-1,000k Over 1,000k
Futures and Options 0.004 % 0.008 % 0.015 % 0.075 % 0.15 % 0.75 % 1.5 % 3 %

Other financial instruments

Some financial instruments available for trading with Saxo are not available for trading through the ProRealTime platform. Those markets can be traded with the Saxo trading platforms. Note however that those platforms are external to ProRealTime. Click here to check the trading fees that apply for those additional markets.

Other financial instruments

The financial instruments below are only available from the Desktop and Mobile platforms offered by the broker. The orders and positions on these instruments will be visible only in these platforms and not in ProRealTime.

The real-time access of your ProRealTime platform and the platforms offered by the broker are independant. The real-time access for the broker's platforms can be managed from the broker's account management interface and are paid directly to the broker.

Only orders placed on the ProRealTime platforms are taken into account for the volume conditions of the Active or Trader pricing and for platform credits.

Brokerage fees
Futures fee per contract
Standard Active Trader  
AUD Futures All AUD Futures 10 AUD 5 AUD 1 AUD + exchange fees
SGD Futures All SGD Futures 15 SGD 7.5 SGD 2 SGD + exchange fees
CAD Futures All CAD Futures 6 CAD 3 CAD 1 CAD + exchange fees
SEK Futures All SEK Futures 75 SEK 40 SEK 15 SEK + exchange fees
HKD Futures Mini HKD Futures 30 HKD 25 HKD 15 HKD + exchange fees
Other HKD Futures 45 HKD 30 HKD 15 HKD + exchange fees
NZD Futures All NZD Futures 15 NZD 7.5 NZD 3 NZD + exchange fees
Brokerage fees
OPTIONS Index / Futures fee per contract
Standard Active Trader  
Other EUR Options 3 € 2 € 1 € + exchange fees
USD Options Index Options 3 $ 2.5 $ 1.5 $ + exchange fees
Future options 3 $ 2 $ 1.25 $ + exchange fees
AUD Options 10 AUD 5 AUD 2 AUD + exchange fees
GBP Options 5 £ 2.5 £ 1 £ + exchange fees
CHF Options 8 CHF 4 CHF 1.5 CHF + exchange fees
JPY Options 1,000 ¥ 800 ¥ 700 ¥ + exchange fees
SEK Options 75 SEK 40 SEK 15 SEK + exchange fees
CAD Options 6 CAD 3 CAD 1 CAD + exchange fees
HKD Options 45 HKD 30 HKD 20 HKD + exchange fees
Brokerage fees
Stock Options fee per contract
Standard Active Trader  
Other EUR Options 3 € 2 € 1 € + exchange fees
GBP Options 2.5 £ 1.5 £ 1 £ + exchange fees
USD Options 3 $ 2 $ 1.25 $ + exchange fees
CHF Options 4 CHF 3 CHF 1 CHF + exchange fees
HKD Options 30 HKD 20 HKD 10 HKD + exchange fees
The Forex spreads/prices displayed below only apply to the Forex available via the Saxo platforms that includes commissions in the Spreads.
A Forex with brokerage fees billed separately from your transactions (and with no added spread) is available via the ProRealTime platform. Prices for this type of Forex are displayed on the main prices page.
Brokerage fees
Forex (spread) FEE PER ORDER Minimum fee per order
Standard Active Trader
EURUSD 0.6 0.5 0.4 2.5 $
GBPUSD 0.7 0.6 0.4 2.5 $
EURJPY 0.7 0.6 0.5 2.5 $
USDJPY 0.7 0.6 0.5 2.5 $
AUDUSD 0.6 0.5 0.4 2.5 $
Brokerage fees
Country / Exchange FEE PER ORDER Minimum fee per order
Standard Active Trader Type of pricing
Toronto Stock Exchange
0.03 CAD 0.02 CAD 0.015 CAD per share traded
1.95 CAD*
TSX Venture Exchange
0.03 CAD 0.02 CAD 0.015 CAD per share traded
1.95 CAD*
Athens Exchange
0.35 % 0.3 % 0.3 % of trade value
4.95 €
Trader : 2.95 €
Irish Stock Exchange
0.1 % 0.09 % 0.08 % of trade value
4.95 €
Trader : 2.95 €
Johannesburg Stock Exchange
0.25 % 0.2 % 0.15 % of trade value
90 ZAR
Standard : 100 ZAR
London Stock Exchange (IOB)
0.1 % 0.08 % 0.06 % of trade value
4.95 £
NASDAQ OMX Copenhagen
0.1 % 0.07 % 0.05 % of trade value
4.95 €
Trader : 2.95 €
NASDAQ OMX Helsinki
0.1 % 0.07 % 0.05 % of trade value
Standard : 12 €
Active : 10 €
Trader : 8 €
NASDAQ OMX Stockholm
0.1 % 0.07 % 0.05 % of trade value
50 SEK
Standard : 65 SEK
Oslo Stock Exchange
0.1 % 0.08 % 0.06 % of trade value
50 NOK
Standard : 65 NOK
Prague Stock Exchange
0.28 % 0.25 % 0.25 % of trade value
350 CZK
Standard : 500 CZK
SIX Swiss Exchange
0.1 % 0.08 % 0.06 % of trade value
4.95 CHF
Trader : 2.95 CHF
Vienna Stock Exchange
0.1 % 0.08 % 0.06 % of trade value
4.95 €
Warsaw Stock Exchange
0.3 % 0.25 % 0.2 % of trade value
65 PLN
Standard : 75 PLN
Australian Securities Exchange
0.1 % 0.07 % 0.05 % of trade value
8 AUD
Hong Kong Exchanges
0.15 % 0.12 % 0.1 % of trade value
Standard : 100 HKD
Active : 80 HKD
Trader : 20 HKD
HK Stock Connect (Shanghai/Shenzhen)
0.15 % 0.1 % 0.08 % of trade value
Standard : 40 CNH
Active : 30 CNH
Trader : 20 CNH
Singapore Exchange
0.15 % 0.12 % 0.1 % of trade value
Standard : 25 SGD
Active : 20 SGD
Trader : 15 SGD
Tokyo Stock Exchange
0.15 % 0.12 % 0.1 % of trade value
Standard : 1,500 JPY
Active : 1,000 JPY
Trader : 1,000 JPY
* For Canadian stocks traded below 1 CAD, a flat rate of CAD 11.00 is applied.
  • Taxation on Hong Kong Stocks: For Hong Kong stocks, Stamp Duty and other charges apply: 0.1077%. Note: Automated trading from 09:30-16:30 with a break between 12:00 - 13:30.
  • Taxation on Irish Stocks: Stocks have an ITP (Irish Takeover Panel) levy charge of 1.25 Euros for stock purchases and sales, where the trade value exceeds 12,500 Euros. Ireland Stamp Duty 1.0% of Transaction Value for stock purchases on.
  • Taxation on Malaysian Stocks: The clearing fee for Malaysian stocks is 0.03% (max MYR 1,000) and a stamp duty of 0.1% (max MYR 200) will be charged for all stocks.
  • Taxation on Singapore Securities: A clearing fee for trading Singapore listed securities is payable at 0.0325% of contract value. SGX listed securities also incur a trading fee of 0.0075% of the traded value, in addition to our regular commissions and fees.
  • Taxation on South African Stocks: The Johannesburg Stock Exchange applies a Securities Transfer Tax (STT) of 0.25% when opening a stock position (on stock buy trades)..

CFD Indices

Brokerage fees
CFD Indices FEE PER ORDER
Standard Active Trader Type of pricing
NORTH AMERICA
US Tech 100 NAS 1 0.7 0.5 per contract
US 30 Wall Street 3 2 2 per contract
US 500 0.7 0.5 0.4 per contract
EUROPE
Belgium 20 13 12 12 per contract
Denmark 20 2.5 1.25 0.75 per contract
EU Stocks 50 2 1.75 1.5 per contract
France 40 2 1.5 1 per contract
Germany 30 1.2 1 0.9 per contract
Germany Mid-Cap 50 15 10 7 per contract
Germany Tech 30 4.5 4 4 per contract
Italy 40 12 11 11 per contract
Netherlands 25 0.25 0.2 0.18 per contract
Norway 25 1 0.9 0.8 per contract
Portugal 20 25 20 15 per contract
South Africa 40 10 8 7 per contract
Spain 35 8 6.5 4 per contract
Sweden 30 0.65 0.55 0.45 per contract
Switzerland 20 3 2.5 1.75 per contract
UK 100 1 0.9 0.85 per contract
UK Mid 250 44 42 40 per contract
ASIA PACIFIC
Australia 200 1.5 1.4 1.25 per contract
Hong Kong 12 11 10 per contract
Japan 225 12 10 8 per contract

CFD Futures

Brokerage fees
CFD Futures FEE PER ORDER
Standard Active Trader Type of pricing
Indices (expiry)
US2000 0.5 0.4 0.4 per contract
China 50 12 11 11 per contract
India 50 4 3 3 per contract
Singapore 0.3 0.2 0.2 per contract
Taiwan 0.4 0.3 0.3 per contract
Commodities - Metals
Gold 0.6 0.55 0.5 per contract
Silver 3.5 3 2.5 per contract
Platinum 1.7 1.4 1.1 per contract
Palladium 1.75 1.45 1.05 per contract
US Copper 0.55 0.5 0.45 per contract
Commodities - Energy
US Crude 0.05 0.05 0.03 per contract
UK Crude 0.05 0.05 0.03 per contract
Heating Oil 0.35 0.3 0.25 per contract
Gasoline US 0.25 0.2 0.17 per contract
Gas Oil 1.25 1 0.75 per contract
US Natural Gas 0.017 0.014 0.011 per contract
CO2 Emissions 0.07 0.06 0.05 per contract
Commodities - Agriculture
Corn 1.25 1 0.75 per contract
Wheat 2.25 2 1.75 per contract
Soybeans 1.75 1.5 1.25 per contract
Commodities – Softs & Meats
NY Sugar No. 11 0.05 0.05 0.03 per contract
NY Coffee 0.45 0.4 0.35 per contract
NY Cocoa 9 7 5 per contract
Live Cattle 0.175 0.15 0.125 per contract
Forex (spread)
USD Index 0.01 0.009 0.008 per contract
Euro / US Dollar 0 0 0 per contract
Euro / Japanese Yen 0.03 0.02 0.02 per contract
Euro / Swiss Franc 0 0 0 per contract
Euro / British Pound 0 0 0 per contract
British Pound / US Dollar 0 0 0 per contract
Australian Dollar / US Dollar 0 0 0 per contract
Bonds
German Government 10 year Bund 0.03 0.025 0.02 per contract
German Government 5 year Bobl 0.03 0.025 0.02 per contract
German Government 2 year Schatz 0.015 0.01 0.01 per contract
Italian Government 10 year BTP 0.05 0.04 0.03 per contract
French Government 10 year OAT 0.05 0.04 0.03 per contract

Overnight financing fees

Market Type of position Overnight fees
CFD Indices Long positions (markup) +2.5 %
Short Positions (markdown) -3 %
CFD Single Stocks Long positions (markup) +3.5 %
Short Positions (markdown) -3 %

(1)Stocks, ETFs

Financial transaction taxes:

  • Taxation on French Stocks: For French large cap stocks a Financial Transaction Tax (FTT) of 0.30% applies to all buy trades. The full list of stocks can be found in the official application decree (in French).
  • Taxation on Italian Stocks : From 1 March 2013 the Italian Financial Transaction Tax (FTT) of 0.10% will go live on all purchases of Italian shares and Equity linked securities (i.e. depositary receipts) in listed companies that have a registered office in Italy. Please find here the Ministerial Decree as issued by the Italian Minister of Economy and Finance.
  • Taxation on Spanish Stocks: From 16 January 2021 the Spanish Financial Transaction Tax (FTT) of 0.20% will be applied to all purchases of Spanish shares and equity-linked securities (i.e. depositary receipts) in listed companies with a capitalisation above EUR 1 billion.
  • Taxation on UK Stocks : For UK stocks a Panel for Takeovers and Mergers (PTM) Levy and Stamp Duty may be applicable. Stamp Duty is applied on all buy transactions at a rate of 0.5% of the transaction value. A PTM Levy of GBP 1 is applied to buy and sell transactions where the Gross Value of the trade exceeds GBP 10,000. Please note that for Irish registered stocks, Stamp Duty is 1% of the transaction value.

All the fees indicated on this page are paid directly to the broker from your trading account and include ProRealTime's commission. ProRealTime's commission are displayed in the reporting section of your Saxo account under 'Partner Commissions'. The fees are the same for orders transmitted via ProRealTime's platform or via Saxo's platforms. For more information, contact us.

Platform fees & platform rebates

When you place orders with the ProRealTime platform, you get a platform rebate for each executed order or contract.

The platform rebates are deduced from your monthly subscription to the ProRealTime platform.

1st and 2nd calendar months ProRealTime platform FREE
3rd month and beyond
Platform fee − Rebates
from executed orders
= Get your platform for free
or at a reduced price


Platform fee before rebates
Product Monthly fee
Platform license 29.96 € /mth excl.tax
Forex & spot metals Free real-time access
Stocks / Futures / Options Starting at 9 € /mth excl.tax
Delayed data Free
Rebates from executed orders
Type of instrument Rebate on entry Rebate on exit
Futures / Options -1 € per contract -1 € per contract
Forex / Metals -1 € per order -1 € per order
Stocks, ETFs, Turbos -1 € per order -1 € per order


Notes:

  • The trading platform rebates from orders executed the previous month are deducted from the price of your trading platform for the following month and are only available with monthly recurring subscription plans.
  • In a given month, if the amount of the rebate is greater than the cost of your next monthly trading platform subscription price, the balance is carried forward to the following months with a maximum possible credit of 200 € for Complete workstation subscribers, and 2,000 € for Premium workstation subscribers. After a period of 6 months without any executed order through the ProRealTime Trading platform, any potential credited amount is lost.
  • The trading platform rebates and possible credited amounts can only be used in deduction of your ProRealTime software subscription.
  • If your trading platform subscription payment is in USD, the rebates will be converted from EUR to USD at the rate on the day the rebate is used.
  • Only the orders you place through the ProRealTime platform or ProRealTime mobile platform are eligible to give workstation rebates when executed.

Examples of platform cost based on your trading activity

  • You trade on Forex
  • Your monthly platform fee before rebates is: 35.95 € incl. VAT
    Details: [Platform fee: 29.96 €] + [20% VAT ]
Number of trades in a given month Fee before rebates Platform rebates Cost
You make 0 trades 35.95 € 0 € = 35.95 €
You make 10 round trades 35.95 € 20 € = 15.95 €
You make 15 round trades 35.95 € 30 € = 5.95 €
You make 20 round trades 35.95 € 40 € = FREE

Remaining rebates at the end of a given month will be automatically carried over the next month.

You make 55 round trades 35.95 € 110 € = FREE for 3 months

You can also use them to add services to your access for free (ex: additional markets, professional news, ...).

  • You trade the S&P mini future
  • Your monthly platform fee before rebates is: 82.75 € incl. VAT
    Details: [Platform fee: 29.96 €] + [real-time fee for CME mini futures: 39€] + [20% VAT]
Number of trades in a given month Fee before rebates Platform rebates Cost
You make 0 trades 82.75 € 0 € = 77.95 €
You make 15 round trades 82.75 € 30 € = 52.75 €
You make 30 round trades 82.75 € 60 € = 22.75 €
You make 45 round trades 82.75 € 90 € = FREE

Remaining rebates at the end of a given month will be automatically carried over the next month.

You make 90 round trades 82.75 € 180 € = FREE for 2 months

You can also use them to add services to your access for free (ex: additional markets, professional news, ...).

See real-time data fees for other futures

  • You trade NYSE Stocks
  • Your monthly platform fee before rebates is: 46.75 € incl. VAT
    Details: [Platform fee: 29.96 €] + [real-time fee for NYSE Stocks: 9 €] + [20% VAT]
Number of trades in a given month Fee before rebates Platform rebates Cost
You make 0 trades 46.75 € 0 € = 46.75 €
You make 10 round trades 46.75 € 20 € = 26.75 €
You make 20 round trades 46.75 € 40 € = 6.75 €
You make 25 round trades 46.75 € 50 € = FREE

Remaining rebates at the end of a given month will be automatically carried over the next month.

You make 50 round trades 46.75 € 100 € = FREE for 2 months

You can also use them to add services to your access for free (ex: additional markets, professional news, ...).

See real-time data fees for other stock markets

Are you an active trader?

[url_email]Contact-us[/url_email] for an offer based on your trading volume

Phone +44 (0)20 3868 8510
Email [url_email] [var_email] [/url_email]
  Eligible for volume discounts
Stocks, ETFs, Turbos > 40 orders on stocks per month or orders above 100k
Futures > 30 contracts per month, all futures combined
options > 30 contracts per month, all options combined
Forex > 40 standard size lots or equivalent
Precious metals > 40 standard size lots or equivalent