More on Futures trading
A Future is a contractual agreement to buy or sell a particular commodity or financial instrument at a pre-determined price on a specific date in the future.
A Futures contract can be bought for a number of assets, from traditional commodities like Corn, Wheat, and Orange Juice to more diverse asset classes, including Government Bonds, Interest Rates, Energies and Stock Indices. Futures contracts detail both the quality and quantity of the underlying asset purchased, and are standardised to facilitate trading on a Futures Exchange.
Futures are highly liquid financial instruments, enabling clients to trade the Future Market on tight spreads. Transaction costs are low, and pricing is transparent due to the precise nature of a given Future contract and the regulations imposed by the various exchanges. Please note that there is no physical delivery with Saxo Bank.
Volume-based commissions
Online futures trading is conducted using volume-based commissions. The more Futures products that are traded, the lower the costs incurred. For large monthly trading volumes, the price can drop to as little as USD 0.30 per contract.
For more information, please visit our Futures rates and conditions page