Commissions

Volume-based commissions

Trade volume: Contracts per Month
Currency0 - 1,0001,001 - 5,000*
AUD 5.003.00
EUR 3.002.00
GBP 2.501.50
USD 3.002.00
CHF 4.003.00
HKD 30.0020.00

 

* Above 5,000 lots per month clients are encouraged to speak with their Account Manager to negotiate commission levels based on the volume they offer.

No Minimum Ticket Fees

When trading Stock options at Saxo Bank, there are no minimum ticket fees. Each trade is subject to a flat-rate fee based on the applicable volume bracket.
Updated 02 May, 2014

Product Risk

Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red. For further information click here.

Options involve risks and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges are subject to Saxo Bank A/S review and approval. Prior to buying or selling an option, investors must read a copy of the Characteristics & Risks of Standardized Options, also known as the options disclosure document (ODD). It explains the characteristics and risks of exchange- traded options. 

Spreads, Straddles, and other multiple-leg option strategies can entail substantial transaction costs, including multiple commissions, which may impact any potential return.  These are advanced option strategies and often involve greater risk, and more complex risk, than basic options trades.