FOREX - Forex Options

Saxo Bank is the first FX Option trading provider to offer trading of FX options directly on live streaming prices, without dealer intervention, to private investors.
Saxo Bank offers Over the Counter (OTC) plain vanilla European style Forex options in 36 major currency crosses, traded online through our SaxoTrader trading platform.

Forex Options at Saxo Bank

  • Forex Options for 36 Currency Pairs
  • 31 FX Options traded directly on live streaming price quotes (no dealer intervention)
  • Gold and Silver options
  • Low margin requirements with professional netting calculation for hedging spot positions
  • Automatic exercise of options on expiry
  • Use other investments (including stocks and bonds) as collateral for options trading

Options Trading on Live Price Quotes

  • Forex Options for 36 Currency Pairs
  • 31 FX Options traded directly on live streaming price quotes (no dealer intervention)
  • Gold and Silver options
  • Low margin requirements with professional netting calculation for hedging spot positions
  • Automatic exercise of options on expiry
  • Use other investments (including stocks and bonds) as collateral for options trading

Options Trading on Live Price Quotes

Trader Forex

Options for 31 major Forex crosses are traded directly on live price quotes without dealer intervention. For other crosses, SaxoTrader offers good price indications.
For options with expiries outside 1 week to 6 months, exotic and multiple leg options, prices are quoted by a dealer on request.

Low Margin Requirements

Option margins are calculated taking into account:

  • Delta margin related to the related exposure in the spot market
  • Vega margin related to changes in volatility of the underlying spot Forex
  • Any open related spot positions

This margin calculation offers lower requirements for options used to hedge spot positions — a service previously only offered to professional traders.

Exercise/Expiry

Options for 31 major Forex crosses are traded directly on live price quotes without dealer intervention. For other crosses, SaxoTrader offers good price indications.
For options with expiries outside 1 week to 6 months, exotic and multiple leg options, prices are quoted by a dealer on request.

Trader Forex