Can I trade crypto FX at Totality?

Totality offers access to crypto through exchange-traded products (ETPs) and a variety of Crypto FX pairs. For a full list of our crypto offerings, visit our website.

Trading hours for FX Crypto crosses adhere to the trading hours of Crypto Futures offered on the CME exchange. Trading Hours for BTC/USD, BTC/EUR, BTC/JPY, ETH/USD, ETH/EUR, and ETH/JPY are:

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Please note that the underlying crypto market remains open on weekends, and any Crypto FX exposure should be managed and adjusted before the FX trading session closes on Friday evening (EST).

The minimum trade size for Crypto FX pairs varies depending on which pair you trade:

• Trading in Bitcoin pairs starts from a minimum of 0.01 BTC.

• Trading in Ethereum pairs starts from a minimum of 0.1 ETH.

Totality will apply an Exposure Limit of USD 200,000 per coin for Retail and USD 500,000 per coin for wholesale investors on BTC and ETH pairs.

Do I need a crypto wallet to trade cryptocurrencies with Saxo?

A crypto wallet is not required because you do not own the underlying coins when trading ETPs or Crypto FX pairs. This also means there is no need for cold storage solutions or recovery seeds.

Totality does not allow funding or withdrawal in cryptocurrencies.

What are the costs to trade Crypto FX?

• Crypto FX pairs are not subject to a minimum commission.

• Please refer to Trading Conditions for additional information.

• You can also click on the "i" information icon on the product overview from the trading platform.

• Crypto FX positions do not settle into physical crypto. Instead, open positions held at the end of a trading day (1700 EST) are rolled forward to the next available business day.

Can I trade crypto with leverage?

Crypto FX pairs are leveraged instruments that allow you to open positions in greater sizes than your available collateral. Please note that leveraged instruments amplify both trading gains and losses. You can find the relevant margin requirements for Crypto FX pairs here.  

How is the P/L settled for Crypto FX?

The trading profit/loss will always be settled in the second currency in the Crypto FX pair, which is always the fiat currency (e.g., BTC/USD will be settled in USD and converted to your account currency).

What are the margin requirements for Crypto FX?