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Trade major, minor and exotic currency pairs with Saxo Capital Markets

Trade more than 180 currency pairs and choose pricing terms to suit you when you open a forex trading account with Saxo Capital Markets.

Currency pairs

Saxo Capital Markets allows you to trade 182 currency crosses, including a broad range of major, minor and exotic pairs. You can see a full list of the currency pairs available on the Saxo Capital Markets website.

What trading levels are available with Saxo Capital Markets

There are three different service levels available with Saxo Capital Markets, and your level is determined based on your account balance. The differences between Classic, Premium and Platinum service levels are shown in the table below.

Minimum account balance$10,000$100,000$500,000
Access to all platformsYesYesYes
24/5 customer serviceYesYesYes
Free extended news and researchNoYesYes
24/5 dedicated account executive serviceNoYesYes
Individual pricingNoNoYes
Preferred customer serviceNoNoYes

You can also choose from two types of trading account with Saxo Capital Markets: an FX All-Inclusive Price Plan or an FX Volume Price Plan. The All-Inclusive Price Plan is designed to provide a simple pricing structure, with less variability in spreads and no monthly commission charged. There is also no additional commission based on the number of trades you make.

Meanwhile, FX Volume Price Plans are designed for higher-volume traders, providing spreads as tight as 0.2 pips. There are three price plans available, each with the same spreads, and the commission charged depends on the price plan you choose.

The commissions of the three price plans – FX 60, FX 30 AND FX 20 – are shown in the table below.

FX 60US$60 per million US$ traded with no minimum monthly commission
FX 30US$30 per million US$ traded with US$600 minimum monthly commission
FX 20US$20 per million US$ traded with US$2,000 minimum monthly commission

What trading platforms are available?

Saxo Capital Markets offers two trading platforms: SaxoTraderGO and SaxoTrader. Check the table below for a comparison of the features and functionality each platform offers.

What is it?A multi-asset trading platform accessible across a range of devicesAn advanced professional trading platform
How is it accessed?Any HTML5 web browser on your PC, Mac, or Android or iOS smartphone or tabletDownloadable Windows software
Trading workspaceSimple fixed layoutAdvanced multi-screen layout
Suitable forInvestors and tradersAdvanced traders
ChartingHTML5 charting on all devicesAdvanced charting
Other features
  • Integrated account services
  • Cross-device watchlists and settings
  • Push notifications (iOS devices)
  • Algo trade orders
  • FX options board
  • Trade blotter
  • TradeMaker
  • Technical analysis
  • Dealer chat

Features look-up table

Spread fee – AUD/USD0.7 (FX Volume Price Plan average spread across past month as at 6/3/17)
Education and resources
  • Written guides
  • Video tutorials
  • Webinars
  • Saxo Academy (online trading courses)
Does it offer fixed spreads?Yes
Is it MetaTrader supported?No
Minimum deposit required$10,000
Compatible devicesPC, Mac, Android, iOS
Order types
  • Immediate or cancel
  • Resting limit
  • Market
  • Stop
  • Stop limit
  • Trailing stop
Payment methods
  • Credit card
  • Debit card
  • Bank transfer
Promotional bonus$0 commission on your first day of trading when you open a SaxoTrader account
Payout %100%
24-hour tradingYes
Demo account available?Yes

What are the benefits of using Saxo Capital Markets?

  • Choose the pricing terms that suit you
  • Take control of your trading by setting your price tolerance
  • Access sophisticated risk management tools to monitor your exposure
  • Take advantage of a wide range of order types to suit your trading needs
  • Trade many other financial instruments from the same account, including stocks, CFDs and futures

What are the pros and cons of using the provider?


  • Trading opportunities. Saxo Capital Markets allows you to trade more than 180 currency crosses, providing access to a wide range of trading opportunities.
  • Easy access. With two platforms available, it’s easy to access your Saxo Capital Markets account from your PC, Mac, or iOS or Android device.
  • Choose your own pricing. Whether you opt for the simplicity of an FX All-Inclusive Price Plan or the customisation provided by an FX Volume Price Plan, you can tailor your account to suit your needs.
  • Support and education. Saxo Capital Markets provides an extensive online support centre and a host of educational resources to help improve your trading knowledge.


  • Experienced traders. Saxo Capital Markets accounts are better suited to experienced traders than casual investors, so this provider may not be suitable for you.
  • Lower leverage. The maximum leverage of 100:1 is lower than that offered by some other forex providers.

How do I sign up?

It’s quick and easy to apply for an account via the Saxo Capital Markets website. Simply fill out the online form with your name, date of birth and contact details, select the type of account you want, and provide the requested proof of ID.

If you’d prefer to find out more about Saxo Capital Markets’ features and platforms before signing up, you can open a free demo account for up to 20 days. You can apply online in three easy steps and then practise trading with a simulated balance of US$100,000.

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