• Forex Options trading

    Our clients enjoy access and live-streaming to
    prices across 40 OTC Forex Options through our
    cutting-edge Forex Options Board.
    Trade in real-time to speculate or
    manage existing positions.

    Open Account Try Free Demo

The value of your investments can go down as well as up.
Losses can exceed deposits on margin products. Please ensure you understand the risks.

Trading FX Options

Trading FX options enables clients to speculate on the market with a limited, known risk (i.e. the premium for a long option) or to manage existing positions and margin requirements.
Alternatively, clients might prefer to sell options to create income, whether outright or as part of a position building strategy - although this strategy carries a high level of risk.

Why trade FX options with Saxo?

We deliver access to FX Options with tight, competitive spreads and offer clients a wide range of innovative tools: directly within our platform Saxo clients have full visibility of the Greeks and volatility, and are able to view Saxo’s FX Options Dashboard via the TradingFloor website to assess the market weighting.

Product Offering & Risk Management

We offer a wide range of FX Options across 40 currency pairs including Gold and Silver, providing clients with the flexibility to take positions on markets with varying degrees of risk/reward profiles and directional strategies.
Clients are also able to use FX Options in addition to existing portfolios as a way to manage and control risk, and cap potential losses.

Indicative FX Options spreads for one month maturity

FX crosses Lowest spread*
EUR USD 0.0005
GBP USD 0.0008
USD JPY 2.00
XAU USD 20.00

*Indicative spreads are for 30 day at-the-money options. Spreads for other strikes and maturities will vary.

Features of trading FX Options with Saxo

Puts and Calls in 40 Pairs

With our wide FX Options product range, you can trade FX Vanilla Options in 40 currency crosses including gold and silver.

Cross-Portfolio Margin Reductions

Better manage your positions by netting off related currency options strategies to reduce overall margin utilisation. Spot FX positions are used in order to balance margin based on realistic ultimate exposure, while the value of other assets in your portfolio can also be used as collateral to reduce trading margins.

FX Options Report

A reporting tool which helps you manage your FX Options portfolio. The analytics report enables you to aggregate your Options and Spot positions to analyse the risk of your portfolio, so you can plan strategies accordingly.

Options Board

We show all options for a currency pair in one place. Prices are displayed on a board split between downside and upside, whilst mid-volatilities and option deltas are also shown. Use the board to compare and analyse, whilst also trading directly from it.

Online Options Trading

Currency options are widely available across our platforms with colour-coded pricing indicating liquidity and accessibility to the trader. In times of market volatility and illiquidity, dedicated dealing desks are available to provide quotes upon request in order to increase reliability for clients.

Commentary & Insight

Live market updates are available on TradingFloor.com, allowing traders to keep up-to-date with the news and information from global markets. Market analysis is also provided daily via the global morning call, conducted by our in-house trading desks.

FX Options Analysis Tools

Saxo Bank Group’s TradingFloor.com website houses invaluable tools for the FX Options trader, including current trader sentiment through the Retail Positions Ratios; our current FX Options Board prices; At The Money volatilities; 25-Delta Risk Reversals; and Market Pin Risk.

Visit TradingFloor.com to see the tools available

Special SaxoTrader tools for effective Options trading

Convenient Options features like the FX Options Board place everything you need before your eyes. Continuously monitor prices on multiple contracts, view the most popular contracts according to expiry dates and strikes, and make your trades with one click – all straight from the platform.

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The value of your investments can go down as well as up.
Losses can exceed deposits on margin products. Please ensure you understand the risks.

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