Start trading with Saxo today
Opening an account takes 5 minutes
We offer three levels of pricing depending on your account tier. All prices have an equivalent if traded in another currency.
|European government bonds||0.20%(min. 80 EUR)||0.10%(min. 60 EUR)||0.05%(min. 50 EUR)|
|US government bonds *||0.20%(min. 80 EUR)||0.10%(min. 60 EUR)||0.05%(min. 50 EUR)|
|European and US corporate bonds||0.20%(min. 80 EUR)||0.10%(min. 60 EUR)||0.05%(min. 50 EUR)|
|Emerging Markets bonds **||0.20%(min. 80 EUR)||0.10%(min. 60 EUR)||0.05%(min. 50 EUR)|
Orders are routed straight to an optimised digital dealer auction, where the top end of 50+ liquidity providers compete for your order and return the best possible price for an instant trade.
With direct electronic access to liquidity providers, we eliminate manual processes across the value chain of traditional bond trading - so that you can benefit from significantly lower commissions.
We source liquidity from our network of more than 50+ Tier-1 liquidity providers in the global OTC market, covering the US, EU and emerging markets including LATAM, APAC and MENA.
Whatever your investment style, you can find the tools and features you need on SaxoInvestor or SaxoTraderGO.
Saxo Markets allows a percentage of the investment in certain bonds to be used as collateral for margin trading activities.
The collateral value of a bond position depends on the rating of the individual bond, as outlined below:
|Rating definition*||Collateral percentage|
|Highest Rating (AAA)||95%|
|Very High Quality (AA)||90%|
|High Quality (A)||80%|
* as rated internally by Saxo Markets
Example: 80% of the market value of a bond position with an A rating can be used as collateral (instead of cash) to trade margin products such as Forex, CFDs or Futures and Options.
Saxo supports 33,000 bonds offline, so there is a good chance that it can be traded offline from our bond desk. Please contact Saxo to enquire about the possibility of trading the specific bond offline. If so, it will be manually traded, but will still appear in the account summary of your account just like any other position.
Bonds have different minimum trading sizes which can be as high as 50k, 100k or 200k in the relevant currency. You can see the minimum trading sizes and increment on each bond under account > Trading conditions as well as on the trade ticket. However, there are bonds which trade in lower sizes, which may also be available (a minimum limit of 10k in € or $ on all online bonds).
Bonds can be traded online 24/5 if the relevant underlying bond market is open. Trading hours will be limited to the daylight hours where liquidity in the relevant underlying bond market is best (i.e. European government bonds are open for trading in European hours).
A wide range of the most active and liquid government and corporate bonds in Europe, US, Asia, the Middle East and Africa, as well as a limited number of Latin American bonds - in total more than 5,000 bonds - are available for online bond trading.
Whether you’re a high- or low-volume trader, you’ll receive first-class support tailored to your needs.
Integrated digital support
Access our self-service support centre, email helpdesk and a range of educational courses.
24-hour customer service
Get support for technical matters and account queries whenever markets are open.
Relationship managers and sales traders
Active traders benefit from a dedicated point of contact and access to our world-class trading experts.
Exclusive VIP services
Receive our very best prices, priority support and exclusive event invitations.
We adhere to the strictest regulatory standards, and are fully licensed and regulated in 15 jurisdictions across Europe, the Middle East and Asia.
We’re a financially stable company with a robust balance sheet. We serve clients in 170 countries, hold 80 bn USD in AUM and process 1m transactions daily.
We’ve been consistently recognised by our industry and have won the highest accolades for our products, platform and service.
Bonds are categorised as either green, yellow or red products depending on the individual instrument. Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red. For most bonds, in particular corporate bonds, bid and offer prices are not public available and transparent, as the majority of trading takes place outside regulated marketplaces. Bonds are traded OTC with Saxo Bank as counterpart, and OTC trading conditions apply. For further information click here