Forex crosses and trading rates are available to private clients with a SaxoTrader account as well as corporate clients.

To view the full trading rates on all Forex Trading Rates please click here

The commission and margin rates may vary from time to time especially for very active or inactive customers. SAMM reserves the right to amend the commission rates, brokerage fees, margin rates and interest rates referred to according to the terms of the trading agreement entered into between SAMM and the Client.

About the Currency Market

With an estimated USD 3.5 trillion traded each day, the FX market is larger than the Stock and Futures markets combined. With Saxo Bank’s online platforms, traders from all over the world can access this exciting global market 24 hours a day from their desktop or mobile device and take advantage of almost unlimited trading opportunities.

Trading the Currency Markets

When an investor trades in Foreign Exchange, they always trade a combination of two currencies. These are referred to as a Forex cross or currency pair. One currency is bought (long) whilst the other is sold (short). The investor is effectively speculating on the prospect of one currency appreciating in value in relation to the other.

Margin Trading

Margin trading, available on all of Saxo Bank’s online Forex products, enables clients to trade assets with a higher value than the capital held in their accounts.

Trading on margin involves a certain amount of risk since the margined position exceeds the value of the account. Substantial losses are possible if the market moves against the trader’s position. Traders are advised to closely monitor their margin utilisation – the collateral used to hold margined positions – and keep in mind that if margin utilisation exceeds available collateral, positions must be closed, reduced or covered with an additional deposit of funds.

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