CFD Spreads And Commissions

Index-tracking CFD contract details (continuous)

INDEX TRACKER SPREAD
CONTRACT SIZE CURRENCY TRADING HOURS(2)
North America
US Tech 100 NAS
1.00 1 index USD 18:01 - 16:00
US 30 Wall Street
1.40 1 index USD 18:01 - 16:00
US 500
0.40 1 index USD 18:01 - 16:00
Europe
Belgium 20
13.00 1 index EUR 09:10 - 17:25
Denmark 20
2.50 1 index DKK 09:10 - 16:55
EU Stocks 50
1.50 1 index EUR 01:16 - 22:00
France 40
1.00 1 index EUR 08:01 - 22:00
Germany 30
1.00 1 index EUR 01:16 - 22:00
Germany Mid-Cap 50
15.00 1 index EUR 09:10 - 17:25
Germany Tech 30
4.50 1 index EUR 09:10 - 17:25
Italy 40
12.00 * 1 index EUR 09:01 - 17:30
Netherlands 25
0.25 1 index EUR 08:01 - 22:00
Norway 25
1.00 1 index NOK 09:10 - 16:20
Portugal 20
25.00 1 index EUR 08:10 - 16:25
South Africa 40
10.00 1 index ZAR 08:31 - 17:30
Spain 35
8.00 1 index EUR 08:01 - 20:00
Sweden 30
0.65 1 index SEK 09:01 - 17:25
Switzerland 20
3.00 1 index CHF 08:01 - 22:00
UK 100
0.80 1 index GBP 01:01 - 21.00
UK Mid 250
44.00 1 index GBP 08:10 - 16.25
Asia
Australia 200
1.00 1 index AUD 09:51 - 07:00(2)
Hong Kong
5.00 1 index HKD 09:16 - 01:00(2)
Japan 225
7.00 1 index JPY 07:31 - 04:45(2)

 

Single Stock and ETF CFD Commissions



Exchange name Symbol Commission

North America

NASDAQ
NASDAQ & NSC 0.02 USD/share (min. 10 USD)
New York Stock Exchange
NYSE & ARCA 0.02 USD/share (min. 10 USD)
NYSE MKT
AMEX 0.02 USD/share (min. 10 USD)
Toronto Stock Exchange
TSE 0.03 CAD/share (min. 20 CAD)

Europe

Athens Exchange
AT 0.30% (min. 12 EUR)
BME Spanish Exchanges
SIBE 0.10% (min. 12 EUR)
Budapest Stock Exchange
BUX 0.50% (min. 6,000 HUF)
Deutsche Börse (XETRA)
FSE 0.10% (min. 10 EUR)
Irish Stock Exchange
ISE 0.10% (min. 12 EUR)
Johannesburg Stock Exchange
JSE 0.25%(min.100EUR
London Stock Exchange
LSE_SETS 0.10% (min. 8 GBP) 0
London Stock Exchange (IOB)
LSE_INTL 0.10% (min. 20 USD)
Milan Stock Exchange *
MIL 0.17% (min. 12 EUR)
NASDAQ OMX Copenhagen
CSE 0.10% (min. 65 DKK)
NASDAQ OMX Helsinki
HSE 0.10% (min. 12 EUR)
NASDAQ OMX Stockholm
SSE 0.10% (min. 65 SEK)
NYSE Euronext Amsterdam (AEX)
AMS 0.10% (min. 12 EUR)
NYSE Euronext Brussels
BRU 0.10% (min. 12 EUR)
NYSE Euronext Lisbon
LISB 0.10% (min. 12 EUR)
NYSE Euronext Paris
PAR 0.10% (min. 10 EUR)
Oslo Stock Exchange
OSE 0.10% (min. 65 NOK)
Prague Stock Exchange
PRA 0.28% (min. 500 CZK)
SIX Swiss Exchange
SWX & VX 0.10% (min. 12 CHF)
Vienna Stock Exchange
VIE 0.10% (min. 12 EUR)
Warsaw Stock Exchange
WSE 0.30% (min. 75 PLN)

Asia

Australian Securities Exchange
ASX 0.10% (min. 6 AUD)
Hong Kong Exchanges *
HKEX 0.25% (min. 100 HKD)
Singapore Exchange *
SGX-ST 0.20% (min. 25 SGD)
Tokyo Stock Exchange
TYO 0.15%(min. 1,500 JPY)

* Rates include 'DMA surcharges' to cover transaction tax, stamp duty, exchange and regulatory fees etc. associated with carrying out a CFD Direct Market Access transaction.

Index-tracking CFD contract details (expiring)


INDEX TRACKER NAME SPREAD

CONTRACT SIZE CURRENCY TRADING HOURS(2)
US2000
0.50 1 index USD 20:01 - 16:00
China 50
12.00 1 index USD 09:01 - 01:55
India 50
4.00 1 index USD 09:01 - 01:55
Singapore
0.30 1 index SGD 08:31 - 01:55
Taiwan
0.40 1 index USD 08:46 - 01:55

Forex CFD (expiring) spreads

 
Instrument Name Symbol Spread Mark up
Classic
Min. trade size Trading hours(1) Expiry Expiry Time
USD Index USDINDEX 0.01000 100 20:00-17:00 LTD -2 11:00 EST
Euro / US Dollar EURUSDEC 0.000200 5,000 17:00-16:00 FND -3 10:00 CST
Euro / Japanese Yen EURJPYRY 0.03000 5,000 17:00-16:00 FND -3 10:00 CST
Euro / Swiss Franc EURCHFRF 0.00020 5,000 17:00-16:00 FND -3 10:00 CST
Euro / British Pound EURGBPRP 0.00025 5,000 17:00-16:00 FND -3 10:00 CST
British Pound / US Dollar GBPUSDBP 0.00030 5,000 17:00-6:00 FND -3 10:00 CST
Australian Dollar / US Dollar AUDUSDAD 0.00030 5,000 17:00-16:00 FND -3 10:00 CST
FND= First Notice; LTD = Last trading

(1) Trading hours are stated in the local hours of the underlying exchange

Bond CFD spreads


Instrument Name Symbol Spread Minimum Classic Min. trade size Trading hours
German Government
10 year Bund
BUND 0.030 50 CFDs 01:16-22:00
German Government
5 year Bobl
BOBL 0.030 50 CFDs 01:16-22:00
German Government
2 year Schatz
SCHATZ 0.015 50 CFDs 01:16-22:00
Italian Government
10 year BTP
10YBTP 0.050 50 CFDs 08:01-18:55
French Government
10 year OAT
10YOAT 0.050 50 CFDs 08:01-18:55

Option CFD pricing

 
Option Root Description Contract Size Daily Holding Fee Currency
AEX AEX Index 1 Index 1.10 EUR
DJX Dow Jones Industrial Average Index 1/100 Index 1.10 USD
ESX FTSE 100 Index 1 Index 1.10 GBP
HSI Hang Seng Index 1 Index 1.10 HKD
MIBO FTSE MIB Index 1 Index 1.10 EUR
NDX Nasdaq 100 Index 1 Index 1.10 USD
NKY Nikkei 225 (Osaka) 1 Index 1.10 JPY
OBX OBX Index 1 Index 1.10 NOK
ODAX DAX Index 1 Index 1.10 EUR
OESX Euro Stoxx 50 Index 1 Index 1.10 EUR
OMXSWE30 OMX Stockholm 30 Index 1 Index 1.10 SEK
OSMI SMI Index 1 Index 1.10 CHF
PXA CAC 40 Index 1 Index 1.10 EUR
SPX S&P 500 Index 1 Index 1.10 USD
XJO S&P ASX200 Index 1 Index 1.10 AUD

Holding fees on long option positions (all maturities) will be applied when positions are held overnight. The daily holding fee is 1.10 per million (notional value) in the contract’s trading currency. Holding fee per day = nominal value / 1,000,000 * 1.10.

CFD Spreads And Commissions | Saxo Markets

Commodity CFD spreads


Instrument Name Symbol Spread Minimum Classic Min. trade size Trading hours(1) Expiry date

METALS

Gold GOLD 0.60 1 18:01-17:00 FND -2
Silver SILVER 3.50 25 18:01-17:00 FND -2
Platinum PLATINUM 1.70 1 18:02-17:00 FND -2
Palladium PALLADIUM 1.75 1 18:01-17:00 FND -2
US Copper COPPERUS 0.55 500 18:01-17:00 FND -2

ENERGY

US Crude OILUS 0.05 25 18:01-17:00 LTD -2
UK Crude OILUK 0.05 25 01:01-22:55(2) LTD
Heating Oil HEATINGOIL 0.35 500 18:01-17:00 LTD -2
Gasoline US GASOLINEUS 0.25 500 18:01 – 17:00 LTD -2
Gas Oil GASOILUK 1.25 1 01:01 – 21:55 LTD -2
US Natural Gas NATGASUS 0.017 200 18:01 – 17:00 LTD -2
CO2 Emissions EMISSIONS 0.07 25 07:01 – 17:00 LTD -2

AGRICULTURE

Corn CORN 1.25 200 19:01 – 13:20 FND -2
Wheat WHEAT 2.25 200 19:01 – 13:20 FND -2
Soybeans SOYBEANS 1.75 200 19:01 – 13:20 FND -2

SOFTS & MEATS

NY Sugar No. 11 SUGARNY 0.05 5,000 03:31 – 13:00 LTD -2
NY Coffee COFFEENY 0.45 1,000 04:16 – 13:30 FND -2
NY Cocoa COCOANY 9.00 1 04:46 – 13:30 FND -2
Live Cattle LIVECATTLE 0.175 2,000 08:31 – 13:05 LTD -2

FND= First Notice
LTD= Last trading

(1) Trading hours are stated in the local hours of the underlying exchange 
(2) Trading hours Fridays are 01:01 to 22:00

* Italy 40: Italian derivatives are subject to Italian Financial Transaction Tax (Stamp duty) which is applied for both buys and sells. Click here for more information about the Italian Financial Transaction Tax (IFTT). Also, an additional charge of 2 bps. (0.02%) of the trade amount is applied, to cover Saxo Bank’s increased cost of execution and hedging due to IFTT.

(1) Spreads: the spreads indicated are minimum spreads and depend on the spread of the underlying futures contract. If the underlying future trades at a spread that is larger than the minimum spread, the Index spread will be increased with the additional spread from the future. Example: Germany 30 normal spread is 1.5 index points if the future spread is 0.5 indicating normal conditions. If the liquidity is low in the future and the spread is 1, the Index spread will be 1.5 + (1 - 0.5) = 2.

(2) Trading hours are stated in the local hours of the underlying exchange - please note that the Hong Kong Index trading session has a mid-session break between 12:00-13:01 and an evening break between 16:30-17:16, the trading session in Japan 225 has a break between 14:30 and 14:56 and the Australia 200 there is a break between 14:30 and 15:11. For CHINA50 there is a mid-session break between 15:55 and 16:41. For INDIA50 there is a mid-session break between 18:05 and 19:16.For SINGAPORE there is a mid-session break between 17:10 and 18:16. For TAIWAN there is a mid-session break between 13:45 and 14:36.