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Written by: Adam N. Updated: Dec 2022
Expert verified

Are forex spreads low at Saxo Bank?

Yes, forex spreads at Saxo Bank are low.

Check forex spreads at Saxo Bank for major currency pairs:

Currency pair Spread Low / Average / High
EURUSD 0.7 Average
GBPUSD 0.8 Low
AUDUSD 0.6 Low
EURCHF 1.4 Low
EURGBP 1.2 Average

Spreads were collected on Nov 4, 2022.

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Saxo Bank forex spreads
Is forex commission charged at Saxo Bank?

No, there is no FX commission at Saxo Bank. All FX fees are built into the spread.

Saxo Bank forex spreads
Looking for the lowest-spread FX brokers?

If you are looking for brokers with the lowest spread and FX fees, check our top list of the lowest-spread brokers.

For more details on Saxo Bank, read our comprehensive Saxo Bank review for 2023.

Author of this article

Adam Nasli

Author of this article

Adam is a motivated finance expert. He joined BrokerChooser in 2018 and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Adam Nasli

Analyst Head

Adam is a motivated finance expert. He joined BrokerChooser in 2018 and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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