Forex

Forex

Order Driven Execution

Order Driven Execution provides an executable price provided to Saxo clients that is based on Saxo’s own liquidity, in addition to liquidity available on a DMA basis in the broader market.  We believe that this is in line with our ongoing commitment to deliver best execution to our clients by giving them greater control and transparency over the way that their order is traded.

We provide clients with:
  • Access to a broad  range of currency pairs, including precious metals
  • Control over the way that your order is traded through user defined Price Tolerance
  • Transparency in the way that we handle client orders
  • Participation in price movements - either positive or negative
  • Leverage of up to 100:1

 Sample of Retail Spreads

CrossSpread in PipsCrossSpread in Pips
EURUSD2EURJPY3.5
GBPUSD3GBPJPY7
AUDUSD3USDCAD4
EURCHF3USDCHF3
EURGBP3USDJPY2
XAUUSD45XAGUSD55

see full list of FX Spot spreads 

Trading Precious Metals

Saxo Bank provides access to a broad range of FX spot precious metals.

Gold and Silver can be traded against EUR, GBP, USD, AUD and HKD, and Platinum and Palladium against the USD.

Additional features include:

  • 24 hour trading with a short break from 17:15 to 18:00 Eastern Standard Time (NYC time)
  • Customised liquidity with executable prices from 1 to 2,000 oz.
  • Margin requirements of 4% for Platinum and Palladium
Read more about Precious Metals spot trading