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Can You Trade Options At Saxo Bank?

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Saxo bank allows beginner and professional traders to trade options on their platforms. Options are an excellent opportunity to generate income, improve your portfolio’s leverage and manage your risk. Options strategies are both simple and complex.

This article discusses options trading at Saxo Bank.

Trading Options at Saxo Bank

Saxo Bank is a leading online broker with premium services and platforms. This broker has 23 options markets available.

Saxo Bank Swissquote TradeStation Global
Options markets (#)23633

It is a good fit for professional traders who understand the risks associated with options trading. There are few educational resources for beginner traders to learn about the risks of options trading. Read our in-depth reviews to learn about options trading and brokers.

Options Trading Fees At Saxo Bank

Saxo Bank follows a transparent fee policy. The average fee for a transaction with 10 options contracts for US stocks is $30.

Remember that not all brokerage firms have similar fee structures. Some have additional costs for opening and closing transactions. Verify our in-depth reviews to learn more about options trading and fees.

Saxo Bank Swissquote TradeStation Global
US stock options$30.0$14.9$15.0
US stock index options$30.0$19.9$15.0
UK stock index options$42.0$21.0
German stock index options$48.0$12.0$18.0

Final Word

Saxo Bank is a top choice for professional traders looking forward to trade options. Trading comes with advantages and disadvantages depending on your trading style and needs. Read our in-depth reviews to discover insights about online brokers and their portfolios.

Saxo Bank compared to other brokers:


Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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