Saxo Capital Markets forex and CFD trading

Saxo Capital Markets offers traders access to 35,000+ instruments via its award-winning trading platforms.

Saxo Capital Markets offers award-winning trading platforms that offers easy access to a huge range of currency pairs and financial instruments with competitive pricing. You can access more than 35,000 instruments and choose between a number of trading platforms and accounts, depending on how often you trade.

Saxo Capital Markets is part of Saxo Bank Group, which was established in Denmark in 1992 and now offers its products and services to customers in more than 180 countries around the world. Read on to learn what products you can trade with Saxo Capital Markets, the key features it offers traders and the different platforms available.

Updated October 17th, 2018
Name Product Minimum Opening Deposit Minimum Spreads for Major Currencies Commission Minimum Trade Size Platforms
0.6 - 1.1 pips
5,000 units

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Updated October 17th, 2018
Name Product Minimum Opening Deposit Major Trading Instruments Commission (ASX 200 Shares) Platforms
Indices, FX, Shares, Commodities, ETFs
0.10% with $6 minimum
More than 9,000 CFDs including single stocks, stock indices and commodities

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Disclaimer: Trading in financial instruments carries various risks, and you can lose more than your capital. This article may contain general advice. You should always seek professional advice when deciding if a product is right for you.

What can you trade with Saxo Capital Markets?

  • Forex. 182 forex spot pairs, and 140 forwards.
  • Forex options. Trade more than 40 forex options.
  • Contracts for difference (CFDs). Trade more than 9,000 CFDs on products including stocks, ETFs, indices and commodities.
  • Equities. More than 19,000 global shares and more than 3000 ETFs available.
  • Equity options. More than 1000 equity options available.
  • Futures. More than 200 futures across 23 global exchanges.
  • Bonds. access more than 5000 corporate and government bonds.

What are the features of Saxo Capital Markets' forex and CFD trading?

35,000+ trading instruments

Access more than 35,000 financial instruments across a range of asset classes including equities, forex, bonds and CFDs.

Precise execution

Saxo Capital Markets offers fast and precise execution of all trades through an order-driven trading model, allowing you to take advantage of price movements as they occur. Saxo publishes its FX order execution statistics on its website.

Your choice of pricing structure

Saxo Capital Markets allows you to choose a pricing plan that best suits your needs. The first option is an FX All-Inclusive Price Plan, which includes the commission in the spread. The second option is an FX Volume Price Plan, where there are three choices available based on the amount you trade per month.

Different trading accounts available

Saxo Capital Markets offers three main trading accounts, that are dependent on your trading volume, plus an additional limited-risk account. See the account details below under 'What trading accounts are available?'.

Order types

Saxo clients can use the following order types: stop limit, resting limit (Day Order, Good till Date and Good till Cancelled), Immediate or Cancel, market, stop and trailing stop.

Compatible devices

With two platforms available, Saxo Capital Markets allows you to trade from your PC or Mac, or from your Android or iOS smartphone or tablet.


Spreads on AUD/USD from a minimum 0.4 pips, average 0.8 pips, while EUR/USD has a tightly kept minimum of 0.2 pips and an average of 0.4 pips for its FX Volume-pricing plan clients.

CFD Active trading clients can access Indices at 0.4pts for the US 500, 1.4pts for AUS 200 and 0.9pts for the UK 100. CFDs on ASX listed shares are a minimum $8 for standard clients, and $5 for active traders.


Saxo Capital Markets offers maximum leverage of 100:1.

Minimum deposit

The minimum deposit to start trading forex with Saxo Capital Markets is $3,000.

Regulated in Australia

Saxo Capital Markets is regulated by the Australian Securities and Investments Commission and holds an Australian Financial Services Licence.

Payment methods available

You can deposit funds into your Saxo Capital Markets account via credit card, debit card or bank transfer. Saxo Capital Markets charge a transaction fee of 1.34% on credit cards and 0.93% on debit cards on transactions used to fund trading accounts.

What trading platforms are available?

Saxo offer two award-winning trading platforms, and traders can either use one or the other, or a combination of the two.

  • SaxoTraderGO.

This is the platform chosen by most traders and investors. Access news feeds, market data and economic releases, plus use live charting to make more informed trades. This user-friendly platform supports all products and asset classes, and is available on an PC, Mac, tablet or smartphone. You can easily switch between devices throughout the day without losing your settings and preferences.

  • SaxoTraderPRO.

This is a more advanced platform designed for professional-grade traders, which supports up to six screens at once and can be used on either Windows or Mac. The platform featured advanced trading tools and technical analysis tools, and boasts super-fast execution functionality. The fully integrated charts allow traders to open, close and edit positions directly from the chart.

What trading accounts are available?

Saxo capital Markets offers three different trading accounts, depending on your trading volume. It also offers an additional trading account, Saxo Essential, that is a limited-risk account.

Saxo trading accounts

Classic PlatinumVIP
Minimum deposit AUD $3000AUD $50,000AUD $1,000,000
Account features
  • Integrated digital support
  • 24/5 expert service
  • Integrated digital support
  • 24/5 expert service
  • Private relationship manager
  • Integrated digital support
  • 24/5 expert service
  • Private relationship manager
  • Dedicated sales trader
  • Concierge club access (reserved for highest volume VIP clients)

Additional account

Saxo Essential is a limited-risk account, designed for new traders or traders who wish to lower their risk. Unlike the above trading accounts, your losses on margin trades cannot exceed the funds available in your Essential account. The Saxo Essential account also has a lower minimum opening balance of just AUD $1000.

What support is available with Saxo Capital Markets?

Saxo Capital Markets offers 24/5 customer support so you can access help 24 hours a day, five days a week. Phone, email and live chat options are available, while there’s also an extensive support centre featuring answers to a wide range of frequently asked questions. You can also access a number of educational resources to help further your trading knowledge and understand all the features of your account. As well as instructional guides, video tutorials and webinars, you can complete a number of free online trading courses through the Saxo Academy.

What are the pros and cons of using Saxo Capital Markets forex trading?


  • 35,000 instruments. More than 35,000 instruments available to trade.
  • 24/5 customer support. 24-hour customer support means that you are able to access assistance quickly and easily when you need it.
  • Educational resources. Access free actionable trade signals, equity research and news and analysis. From video tutorials and webinars to the online courses offered by the Saxo Academy, Saxo Capital Markets provides plenty of tools to help increase your trading knowledge.
  • Supported on a range of devices. Saxo Capital Markets supports trading across a wide range of platforms, including iOS and Android smartphones and tablets.


  • No MetaTrader. Saxo Capital Markets does not support MetaTrader, the world’s most popular trading platform.

How do I apply for an account with Saxo Capital Markets?

If you’d like to open a trading account with Saxo Capital Markets, click on the “Apply now” link at the top of this page. You’ll be taken to the Saxo Capital Markets website where you can begin an online application.

To apply you will need to provide:

  • Your name
  • Your residential address
  • Your date of birth
  • Your contact details
  • Proof of ID
  • Your deposit details

A minimum deposit of $3,000 is required to start trading. However if you'd like to open the Saxo Essential account, a minimum of $1000 applies.

Do you have more questions about Saxo Capital Markets?

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