ProRealTime with Saxo - Brokerage fees Futures

FUTURES exchange and clearing fees as of 14/10/2025. These fees can increase or decrease at any time.

All fees below are per contract and include exchange, clearing and regulatory fees.

Automatic currency conversions will occur when you trade an instrument in a currency that differs from your base currency (for example when: buying/selling stocks, closing a position with gains/losses, paying/receiving options premium, ...).

Currency conversions are executed using the FX spot mid-price at the time of the conversion, plus/minus the fee indicated below.

Note that if you regularly trade instruments in a currency that differs from your base currency, you can open a sub-account in that currency to trade those instruments. This way you can avoid paying conversion fees on these transactions.

Taking or making physical delivery in an underlying asset is not offered. If futures positions are not closed before the relevant date (day before the "first notice date" or expiry date), Saxo will close the position on your behalf at the first available opportunity at the prevailing market rate, which will incur additional charges.

Positions held overnight in Listed Futures, CFD Futures, and short Listed Options will be subject to a carrying cost. The carrying cost is calculated on the basis of the daily margin requirement and applied when a position is held overnight. It is charged at the end of each month.

The carrying cost is based on the relevant Interbank-rate (floored at 0%) plus the rate (in percentage) from the table below:
Carrying Cost = Margin requirement x Days held x (Interbank rate + rate below) / (360 days)

The tax applies on Buys and Sells of all Italian Derivatives whose underlying assets are equity instruments issued by Italian companies, regardless of the client's country of residence.