Yes, Saxo is one of the better value brokers for larger traders where you can trade stock options from USD 0.85, EUR 1 or GBP 1. Saxo Markets provides access to 1,200+ listed options from 23 exchanges worldwide, across equities, indices, interest rates, energy, and metals.
Saxo options trading is one of the best things about their range of markets. You can trade options with Saxo DMA on exchange on indices, commodities, forex and equities or as a CFD. They are one of a handful of options brokers to offer this, and of them have the best market range.
The key difference between CFDs and options trading is that options can limit your risk to the premium paid.
However, if you want to take on more options risk as opposed to “retial” clients who can only hold (buy) options. If you upgrade to a professional trading account you can buy and sell (write) options in the hope that they expire worthless.
Another key benefit of trading options through Saxo is that you can exercise options early (rather than just closing off your options position). To exercise an American option early on Saxo you just need to request it in your account summary tab and a position in the underlying asset will be added to your account.
Saxo is one of the better value brokers for larger traders where you can trade stock options from USD 0.85, EUR 1 or GBP 1. Saxo Markets provides access to 1,200+ listed options from 23 exchanges worldwide, across equities, indices, interest rates, energy, and metals.
- Expert opinion: Saxo Markets reviewed & rated
Compare Saxo against other options brokers below:
Options Trading Platform | Options Available | DMA or OTC | Minimum Deposit | GMG Rating | More Info | Risk Warning |
---|---|---|---|---|---|---|
40+ | OTC | £100 | See Platform | 69% of retail investor accounts lose money when trading CFDs with this provider | ||
10,000 | DMA | £1 | See Platform | 60% of retail investor accounts lose money when trading CFDs with this provider | ||
5+ | OTC | £1 | See Platform | 64% of retail investor accounts lose money when trading CFDs with this provider | ||
100+ | CFD | £100 | See Platform | 80% of retail investor accounts lose money when trading CFDs with this provider. | ||
1,000+ | OTC | £250 | See Platform | 69% of retail investor accounts lose money when trading CFDs and spread bets with this provider. | ||
1,200 | DMA | £1 | See Platform | 65% of retail investor accounts lose money when trading CFDs with this provider | ||
40+ | OTC | £1 | See Platform | 74% of retail investor accounts lose money when trading CFDs with this provider. | ||
6 | OTC | £1 | See Platform | 68% of retail investor accounts lose money when trading CFDs with this provider |
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