CFDs

Preise für Aktienindex-Tracker-CFDs​​

Preise

​Index-tracking CFD contract details (continuous)​
Index TrackerSpread 1)Margin requiredValue of one contract 2) Trading Hours 3)
US US Tech 100 NAS1​​.02%USD 118:01 - 16:00 (22 hrs)
US US 30 Wall Street3.02%USD 118:01 - 16:00 (22 hrs)
US US 5000.92%USD 118:01 - 16:00 (22 hrs)
Belgium Belgium 20135%EUR 109:10 - 17:25
Denmark Denmark 202.55%DKK 109:10 - 16:55
EU EU Stocks 502.04%EUR 108:01 - 21:55
France France 402.03%EUR 108:01 - 21:55
Germany Germany 302.03%EUR 108:01 - 21:55
Germany Germany Mid-Cap 50155%EUR 109:10 - 17:25
Germany Germany Tech 304.55%EUR 109:10 - 17:25
Italy Italy 4012*5%EUR 109:01 - 17:30
Netherlands Netherlands 250.253%EUR 108:01 - 21:55
Norway Norway 251.05%NOK 109:10 - 16:15
Portugal Portugal 202510%EUR 108:10 - 16:25
South Africa South Africa 401010%ZAR 108:31 - 17:25
Spain Spain 358.05%EUR 109:01 - 19:55
sweden Sweden 300.655%SEK 109:01 - 17:24
Switzerland Switzerland 203.04%CHF 108:01 - 21:55
UK UK 1001.02%GBP 101:01 - 20.55
UK UK Mid 250445%GBP 108:10 - 16.25
Australia Australia 2001.52%AUD 109:51 - 05:55 3)
Hong Kong Hong Kong125%HKD 109:16 - 22:55 3)
Japan Japan 225123%JPY 108:46 - 02:55 3)

​Index-tracking CFD contract details (expiring)​

​Index Tracker NameSpread Mark up4)MarginValue of one contract 2) Trading Hours 3)
US US2000 0.55%USD 120:00-16:00 EST
China China 501210%​​USD 109:01 - 01:55
India India 504.010%USD 109:01 - 01:55
Singapore Singapore0.3010%SGD 108:31 - 01:55
Tiawan Taiwan0.4010% USD 108:46 - 01:55

*   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.

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.Point Value of one contract: this is the currency risk you incur with one Stock Index CFD contract. The increment of risk is also one currency unit (i.e. you can increase your position by increments of one index). There is no minimum commission for Stock Index CFD traders.

3. 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 12:00-13:00 and an evening break between 16:3​0-17:01, the trading session in Japan 225 has a break between 3:20 pm and 4:16 pm and the Australia 200​ there is a break between 16:25 and 17:11.
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.
Expiring CFD Index Trackers trade on the spread of the underlying Future plus a small mark up.

4. Expiring CFD Index Trackers trade on the spread of the underlying Future plus a small mark up.
​​

Keine Mindest-Ticket-Gebühr

Für den Handel mit Aktienindex-Tracker-CFDs bei Saxo Bank wird keine Mindest-Ticket-Gebühr erhoben.

Übernachtfinanzierung 

Da Index-Tracker-CFDs bei Saxo Bank auf Margin-Basis gehandelt werden, werden für den über Nacht gehaltenen Wert Finanzierungsgebühren belastet/gutgeschrieben. Wenn Sie eine CFD-Position innerhalb des gleichen Handelstages eröffnen und schließen, fallen bis zum nachfolgenden Geschäftstag keine Finanzierungskosten an.

Wenn Sie einen Index Tracker-CFD bis zum nachfolgenden Geschäftstag halten, entstehen Belastungen/Gutschriften in folgender Höhe:

Die Finanzierungskosten für Long-Positionen in Aktienindex-Tracker-CFDs, die nach 17.00 Uhr EST (New Yorker Zeit) gehalten werden, werden wie folgt berechnet:

Indexwert × Anzahl CFDs × (geltender Referenzzinssatz für Termingeld im Interbankengeschäft + 3%) × (effektive Anzahl Tage / 360 oder effektive Anzahl Tage / 365)

 

Das Finanzierungsguthaben für Short-Positionen in Aktienindex-Tracker-CFDs, die nach 17.00 Uhr EST (New Yorker Zeit) gehalten werden, wird wie folgt berechnet:​

Index Indexwert × Anzahl CFDs × (geltender Referenzzinssatz für Termingeld im Interbankengeschäft − 2,50%) × (effektive Anzahl Tage / 360 oder effektive Anzahl Tage/365)


Ist der Finanzierungskredit negativ, wird er Ihrem Konto belastet.

Keine Übernachtfinanzierung beim Index-Tracker US2000

Da der Index-Tracker-CFD US 2000 die Wertentwicklung eines Futures-Kontrakts nachbildet, entstehen keine Gebühren für die Übernachtfinanzierung.​

Updated 18 May 2016

 

 

Commodity CFD Prices

Transparent Pricing

Commodity CFDs are over-the-counter products with a price established by Saxo Bank as the Futures market spread plus a fixed mark-up. The mark-up can be seen below under Contract Details and is always available in the Trading Conditions in the trading platforms.

Contract Details
Instrument NameSymbolSpread MinimumMin. trade sizeMarginTrading hoursExpiry date
​ ​META​LS​ ​ ​ ​ ​ ​
GoldGOLD0.6014%18:01-17:00 ESTFND -2
SilverSILVER3.5258%18:01-17:00 ESTFND -2
PlatinumPLATINUM1.718%18:01-17:00 ESTFND -2
PalladiumPALLADIUM1.7518%18:02-17:00 ESTFND -2
US CopperCOPPERUS0.555004%18:01-17:00 ESTFND -2
​ENERGY
US CrudeOILUS0.05255%18:01-17:00 ESTLTD -2
UK CrudeOILUK0.05254%01:01-22:15 GMTLTD -2
Heating OilHEATINGOIL0.355004%18:01-17:00 ESTLTD -2
Gasoline USGASOLINEUS0.255008%18:01-17:00 ESTLTD -2
Gas OilGASOILUK​1.2518%00:00-21:15 GMTLTD -2
US Natural GasNATGAS0.0172008%18:01-17:00 ESTLTD -2
CO2 EmissionsEMISSIONS0.072510%07:01-17:00 GMTLTD -2
​ AGRICULTURE
CornCORN1.252005%19:01 – 13:20 CSTFND -2
WheatWHEAT2.252005%19:01 – 13:20 CSTFND -2
SoybeansSOYBEANS1.752005%19:01 – 13:20 CSTFND -2
​​SOFTS​
NY Sugar No. 11SUGARNY0.055,0005%04:30-13:00 ESTLTD -2
NY CoffeeCOFFEE0.451,0005%05:15-13:30 ESTFND -2
NY CocoaCOCOA914%05:45-13:30 ESTFND -2
​MEATS​
Live CattleLIVECATTLE0.1752,0002%08:31-13:05 CSTLTD -2
FND= First Notice
LTD= Last trading
​​​

No Commissions

When trading Commodity CFDs with Saxo Bank, no commission is charged. A bid/ask spread is, however, included in the price Saxo Bank derives for each CFD.

This derivation means that while the CFD prices track the underlying Futures contract they are not exactly the same.

No overnight financing

Trading Commodity CFDs will not incur any overnight financing charges. All costs are factored into the trading spread.

Updated 18 May 2016

 

 

Direct Market Access Commissions

DMA Commissions

Region​Exchange name​Commission​Minimum Commission​CFD Financing (Long/Short)
North America​NYSE MKT (American Stock Exchange) (AMEX)​

5 cents per share (>10 USD share)

3 cents per share (<10 USD share)

USD 153.5pp/-3.0pp ​
North America​NASDAQ (NASDAQ NM)​5 cents per share(>10 USD share)
3 cents per share (<10 USD share)​​
USD 15​​3.5pp/-3.0pp​
North America​New York Stock Exchange​ (NYSE)5 cents per share (>10 USD share)
3 cents per share (<10 USD share)​​
USD 15​​3.5pp/-3.0pp​
North America​Toronto Stock Exchange (TSE)​5 cents per share​​CAD 25​​3.5pp/-3.0pp​
Europe​Athens Exchange (AT)​0.30%​EUR 20​3.5pp/-3.0pp ​
Europe​​Budapest Stock Exchange (BUX)​0.50%HUF 6,000​3.5pp/-3.0pp​
Europe ​NYSE Euronext Amsterdam (AMS)​0.10%​EUR 20​3.5pp/-3.0pp ​
Europe​NYSE Euronext Brussels (BRU)​0.10%​EUR 40​3.5pp/-3.0pp ​
Europe​NYSE Euronext Lisbon (LISB)​0.10%​EUR 20​3.5pp/-3.0pp ​
Europe​NYSE Euronext Paris (PAR)​0.10%​EUR 20​3.5pp/-3.0pp ​
Europe​Deutsche Börse (XETRA) (FSE)​0.10%​EUR 20​3.5pp/-3.0pp ​
Europe​​Istanbul Stock Exchange (LSE_SETS)​0.20%​TRY 50​4.0pp/-5.0pp
Europe​London Stock Exchange (SEAQ) (LSE_SEAQ)​0.10%​GBP 15​3.5pp/-3.0pp ​
Europe​London Stock Exchange (IOB) (LSE_INTL)​0.10%​USD 20​3.5pp/-3.0pp ​
EuropeBorsa Italiana/Milan Stock Exchange (MIL)​0.10%​EUR 20​3.5pp/-3.0pp ​
Europe​NASDAQ OMX Copenhagen (CSE)​0.10%​DKK 65​3.5pp/-3.0pp ​
Europe​OMX Helsinki (HSE)​0.10%​EUR 10​3.5pp/-3.0pp ​
Europe​NASDAQ OMX Stockholm (SSE)​0.10%​SEK 65​3.5pp/-3.0pp ​
Europe​Oslo Børs/Oslo Stock Exchange (OSE)​0.10%​NOK 65​3.5pp/-3.0pp ​
Europe​Prague Stock Exchange (PRA)​0.25%​CZK 500​3.5pp/-5.0pp ​
Europe​BME Spanish Exchanges (SIBE)​0.10%​EUR 20​3.5pp/-3.0pp ​
Europe​SIX Swiss Exchange (Blue-Chip) (VX)​0.10%​CHF 303.5pp/-3.0pp​
Europe​SIX Swiss Exchange (SWX)​0.10%​CHF 30​3.5pp/-3.0pp
Europe​Wiener Börse/Vienna Stock Exchange (VIE)​0.20%​EUR 30​3.5pp/-3.0pp ​
​EuropeWarsaw Stock Exchange (WSE)​​0.25%​PLN 100​3.5pp/-3.0pp
Asia Pacific​Australian Securities Exchange LTD. (ASX)​0.10%​AUD 8​3.5pp/-3.0pp​
Asia Pacific​Hong Kong Exchange (HKEX)​0.32%​HKD 150​3.5pp/-3.0pp​
Asia Pacific​Singapore Exchange (SGX-ST)​0.22%​SGD 25​3.5pp/-3.0pp​
Asia Pacific​​Tokyo Stock Exchange (TYO)​0.15%JPY 1,200​3.5pp/-3.0pp​
Africa​Johannesburg Stock Exchange (JSE)​0.25%​ZAR 100​5.0pp/-3.5pp​

Item headline

Updated 9 August 2012

 

Exchange Traded Funds /

Exchange Traded Commodity CFD Prices

Volume-based commissions

At Saxo Bank ETF / ETC CFDs pricing is similar to that of Single Stock CFDs, i.e. when trading ETF / ETC CFDs you pay a fixed commission in percentage (%) on the notional value of the trade with a minimum for small trade sizes.

For North American exchanges commission is calculated as cents per contract.
 
See full list of exchange commissions under 'Single Stock CFDs prices' above.

Minimum Ticket fee

Similar to Single Stock CFDs, a Minimum Ticket fee is charged for ETF/ETC CFDs trades below the 'Minimum Commission Threshold'.

Minimum Ticket fees are listed under the "CFD Stock Trading Conditions" on the trading platforms.

ETF / ETC available

Full list of ETFs and ETCs available for trading with Saxo Bank can be viewed in the Trading Conditions section of the trading platforms.

Live Market Data Fees

All equities trade on actual market data from the stock exchanges. To receive and trade on real-time market data, you must subscribe to the individual exchange.

A subscription to live price data from an exchange gives you access to live prices on Stocks, Single Stock CFDs, ETFs/ETCs and CFDs on ETFs/ETCs from that exchange.

Read more about subscribing to live exchange data.

Overnight Financing

As ETF/ETC CFDs at Saxo Bank are margined products, you finance the traded value through an overnight credit/debit charge. If you open and close a CFD position within the same trading day, you are not subject to overnight financing.

Overnight Financing on ETF/ETC CFDs follow the same terms as Single Stock CFDs.

Updated 1 August 2012