Trading Forex Options Online - Saxo Bank

Forex Options

Diversify online investment with FX Options trading

FX Options can be used to facilitate trading strategies on various investment timelines as well as offering excellent opportunities for hedging spot positions.


Saxo Bank FX Options universe

Saxo Bank offers two types of Forex Options. Forex Vanilla Options are available for more than 40 currency crosses including Gold and Silver against the US dollar. Furthermore, Saxo Bank offers Forex Binary Touch Options on six of the most traded currency crosses. Two types of binary touch options are available:

  • One Touch (OT): Buyer receives a fixed payout if spot reaches the trigger level at any time prior to Expiry.
  • No Touch (NT): Buyer receives a fixed payout if spot never reaches the trigger level before the Expiry.

Top-10 Advantages of trading FX Options with Saxo Bank:

  • Saxo Bank is a Market Maker in the FX OTC market with a real interbank market presence
  • Access to deep pool of liquidity and improved live pricing
  • All FX Options trading on live streaming price quotes with no dealer intervention
  • All FX Options available can be bought (Long) or sold (Short)
  • Broad FX Options universe includes FX Vanilla Options (also Gold and Silver) and Binary Touch Options
  • New unique OTC FX Options Market Information and Client position data available
  • Innovative FX Options Board with standardised maturities and strikes
  • Automatic exercise and settlement of FX Options on expiry
  • FX Option expiries from short dated to one year
  • Experienced Options Trading Desk provides necessary support, information and education

Review the FX options board

CHOOSE FX OPTIONS SUITABLE FOR YOUR TRADING STRATEGY

FX Vanilla Options FX Binary Touch Options
• Experienced FX traders • Novice FX traders, Equity traders
• You can benefit from FX market uncertainty or market volatility (Up, Down, No change, Any change) • You have an opinion about the FX market direction (Up or Down, No change – case of No Touch)
• Advanced strategies • Non-leverage instrument with 100% margin reserved
• Allows for active Delta hedging • Simple strategies (Touch / No Touch, time horizon, Long / Short, payout amount)
• Variable margin – Delta & Vega to be monitored • Limit to your potential loss and known potential payout
Read more about FX Vanilla Options Read more about FX Binary Touch Options

Trade FX Options on live prices with available liquidity of a market maker

Saxo Bank is the first FX Options trading provider to offer trading of FX Options (both Vanilla and Binary Touch Options) from the innovative FX Options Board on live streaming prices, without dealer intervention.

The Options Board covers maturities from 1 day to 6 months, other maturities are available in separate trade ticket or as Request For Quote (RFQ).

FX Options interbank market info and client position data is public with Saxo Bank

Saxo Bank is the first to publish market data from the FX Options OTC market. The unique data is posted three times a day both in Client’s Chat on the trading platform as well as on our analytics portal, TradingFloor.com . Access to this market-sensitive data is intended to enhance your understanding and ability to trade Forex profitably as an asset class.

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Contact Saxo Bank

If you would like to speak with Saxo Bank about opening an account or if you have experienced any difficulties becoming a client, please contact us.
Phone: + 45 3977 4007
Fax: + 45 3977 4700

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