Cost efficient, and simple to trade, FX CFDs open the door to all major currencies online. Commission-free trading at lower margins – only 0.5% with a small minimum trade size of just 5,000 notional value.
The benefits of trading Forex CFDs with Saxo Bank:
• All costs are built into the Bid/Ask spread.
• No financing charges and no need to roll CFD positions overnight.
• No exchange commissions.
• Minimal collateral requirements.
• Benefit from price movements in the underlying Futures contract with no restrictions on lot sizes.
A simple and flexible alternative to Futures trading
FX CFDs with Saxo Bank offer an attractive alternative to trading currencies in the FX market. See the difference with the Euro/US Dollar trades below:
|Min. trade size
||Spread + commission on small trades
||Spread + Commisions + Exchange Fee|
|Stocks/Bonds as collateral