Trade forex on
Access 182 Forex pairs across majors, minors and exotics, plus spot metals, from only 0.4 pips
Why trade Forex with XTE
Ultra-competitive FX spreads
Trade major Forex pairs from 0.4 pips. Competitive entry prices and even lower rates for active traders.
Tier-1 liquidity gives higher fill-rates, fewer premature stop-outs and significant price improvements.
Benefit from integrated Trade Signals, news feeds and innovative risk-management features.
Expert service, trusted for 25 years
With 600,000+ satisfied customers, XTE offers world-class service around the clock.
Trade Forex on our award-winning trading platform
XTE is our powerful yet easy-to-use platform. Trade from PC, Mac, tablet or smartphone.
Powerful Forex trading tools
Benefit from extensive charting with 50+ technical indicators, integrated Trade Signals and innovative risk management tools.
Trade 182 Forex spot pairs and 140 forwards
Access 40,000+ instruments. Trade FX, FX options, CFDs, stocks, ETFs, futures, listed options and bonds from a single cross-margin, multi-currency account.
Best-in-class forex execution
Access Tier-1 liquidity to receive higher fill-rates, fewer premature stop-outs and significant price improvements.
Tier 1 liquidity
To provide you with the best price possible, we derive our prices from a broad range of Tier 1 institutions. These include banks, ECNs and market-making firms with unique liquidity.
Fewer premature stop-outs
To protect you from being stopped out early,
we trigger stop orders on the opposite side of the
spread, based on a neutral price from a primary
Significant price improvements
Our fully customised orders offer you greater control over your trading. With no asymmetric slippage, you could benefit from significant price improvements on every trade.
Full transparency of execution statistics
We fully disclose our dealing practices and never trade against you in the market. Our commitment to transparency shows that our interests are aligned with yours.
Our initial margin rates start at 3.33% for major FX pairs including EURUSD, USDJPY, USDCAD, EURJPY and more. If you qualify as an Elective Professional client, our initial margin rates start at 1.5% for major FX pairs.
Derive the value of potential price improvements on every trade. Assume greater control of your trading, and achieve an optimal balance between fill ratio and price level through our fully customised orders.
Whereas the FX spot market is for immediate currency trades, the FX forward market is the market for trading currencies for delivery at some point in the future. FX forward outrights enable you to agree a price today (the FX forward price) at which two currencies will be exchanged on a predetermined date in the future. FX swaps likewise enable you to agree a price today at which two transactions will be executed. An FX swap is a simultaneous purchase and sale, or vice versa, of one currency for another currency with two different value dates; two parties agree upon a currency exchange on one day and simultaneously agree to unwind or reverse that transaction on a specified date in the future.
NDFs are tradable offline only through the Global Sales Trading desk. An initial FX margin requirement of 9% is applicable (8% maintenance margin) and 1% interest rate margin (subject to change). There is a minimum trade size of USD 100,000 or equivalent and a Net Open Position (NOP) limit of 3 million USD. A higher margin requirement may apply depending on the level of exposure. Prior to trading this product an addendum to Saxo’s General Business Terms must be signed.
NDFs are tradeable offline only with maturities from 1 day to 12 months.
The following currency pairs are available to trade: USDBRL, USDCLP, USDCOP, USDCNY, USDIDR, USDINR, USDKRW, USDPEN, USDPHP, USDTWD.