What is the fee to convert cash into a different currency?
Where an instrument currency is different to the account currency, currency conversions of trading costs as well as profit/loss from trading activities are executed using the FX Spot mid-price rate at the time of closing the position, plus/minus 1 per cent.
We charge Platinum clients no more than plus/minus 0.75 per cent, and VIPs no more than plus/minus 0.5 per cent.
General information about currency conversion fees can be found on our global website.
Please note that these rates do not apply to all Saxo Bank A/S clients, as they may vary in some countries.