Saxo OpenAPI POST /trade/v2/orders
Places a new order, optionally with related limit and stop orders as children. A 200 reply can still carry ErrorInfo, so check for OrderId before treating the order as placed.
Risk warning: CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. You can lose money on these products, and each provider publishes its own loss figure under FCA rules. You should consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Automated and API trading can amplify losses through bugs, connectivity failures and runaway orders.
Saxo's page lists 200 with the advice to check OrderId and ErrorInfo, 400 codes such as InsufficientCash, MarketClosed and WouldExceedMargin, and 503. Default limit of 1 order a second per session. Saxo's order placement return codes page also describes a TradeNotCompleted case when broker confirmation takes more than 60 seconds. Saxo's parameter table for this call has no required or optional column; the required flags here are our reading of Saxo's descriptions and example request, not markers on Saxo's page. Method, path and parameter names were re-read on Saxo's reference page for this call on 12 Oct 2026 and agree with this record. That page does not mark which parameters are required, so the required flags here were not re-checked, and the mock reply was not compared field by field. The x-request-id header is not on this call's reference page: its source is Saxo's rate limiting page (https://www.developer.saxo/openapi/learn/rate-limiting), read on 12 Oct 2026.
Parameters
| Name | In | Type | Description |
|---|---|---|---|
| x-request-id | header | string | Optional unique id per request. Not listed on the endpoint page itself. It is on Saxo's rate limiting page (https://www.developer.saxo/openapi/learn/rate-limiting, read 12 Oct 2026): identical order operations on the same account within a rolling 15 second window are rejected with 409 Conflict unless each request carries a different x-request-id. |
| AccountKeyrequired, not confirmed | body | string | Account to place the order on, from GET /port/v1/accounts/me. |
| Uicrequired, not confirmed | body | integer | Unique id of the instrument. |
| AssetTyperequired, not confirmed | body | string | The instrument's asset type. |
| BuySellrequired, not confirmed | body | string | Buy or Sell. |
| Amountrequired, not confirmed | body | number | Order size. |
| OrderTyperequired, not confirmed | body | string | Placeable order type, for example Market, Limit or Stop. |
| OrderPrice | body | number | Order price; optional for market orders. |
| OrderDurationrequired, not confirmed | body | object | Duration, for example DurationType DayOrder or GoodTillCancel. |
| ManualOrder | body | boolean | Whether a person placed the order (true) or an automated system did (false). |
| ExternalReference | body | string | Your own reference, up to 50 characters. |
| Orders | body | array | Optional related take profit and stop orders, or an OCO order. |
The required marks on this page are this site's reading of secondary material, as the note above says. Which fields the API insists on is not confirmed on the provider's own reference.
Authentication headers
| Name | Type | Description |
|---|---|---|
| Authorizationrequired, not confirmed | string | OAuth 2.0 bearer access token. In SIM you can use a 24 hour token from the Saxo developer portal. Placeholder only: never paste a real token into this site. |
Request
Written from the method, path and parameters recorded on this page, against the demo host. Not executed against a live or demo account. Credentials are read from environment variables on your own machine and are never entered on this site. The request builder writes these same snippets, from the same record.
This call takes a request body. The samples send it as JSON with a Content-Type of application/json (in Python, passing json= sets that header) and a placeholder for each of the 7 body fields the record marks as required, a mark that is not confirmed. Each placeholder has to be replaced with a real value before the request can succeed.
Python
# Set SAXO_SIM_TOKEN as an environment variable first. Never paste real values into code.
# Replace each {placeholder}, "..." and 0 with a real value before running.
# Optional and not shown: headers x-request-id; body fields OrderPrice, ManualOrder, ExternalReference, Orders.
import os
import requests
BASE_URL = "https://gateway.saxobank.com/sim/openapi" # the demo host
headers = {
"Authorization": "Bearer " + os.environ["SAXO_SIM_TOKEN"],
}
body = {"AccountKey": "...", "Uic": 0, "AssetType": "...", "BuySell": "...", "Amount": 0, "OrderType": "...", "OrderDuration": {}}
resp = requests.post(BASE_URL + "/trade/v2/orders", headers=headers, json=body, timeout=10)
resp.raise_for_status()
print(resp.json())JavaScript
// Set SAXO_SIM_TOKEN as an environment variable first. Never paste real values into code.
// Replace each {placeholder}, "..." and 0 with a real value before running.
// Optional and not shown: headers x-request-id; body fields OrderPrice, ManualOrder, ExternalReference, Orders.
// Run as a module, for example a .mjs file, on a Node version that has fetch built in.
const BASE_URL = "https://gateway.saxobank.com/sim/openapi"; // the demo host
const res = await fetch(BASE_URL + "/trade/v2/orders", {
method: "POST",
headers: {
"Authorization": "Bearer " + process.env.SAXO_SIM_TOKEN,
"Content-Type": "application/json",
},
body: JSON.stringify({"AccountKey": "...", "Uic": 0, "AssetType": "...", "BuySell": "...", "Amount": 0, "OrderType": "...", "OrderDuration": {}}),
});
if (!res.ok) throw new Error(`HTTP ${res.status}`);
console.log(await res.json());curl
# Set SAXO_SIM_TOKEN as an environment variable first. Never paste real values into code.
# Replace each {placeholder}, "..." and 0 with a real value before running.
# Optional and not shown: headers x-request-id; body fields OrderPrice, ManualOrder, ExternalReference, Orders.
curl -X POST "https://gateway.saxobank.com/sim/openapi/trade/v2/orders" \
-H "Authorization: Bearer $SAXO_SIM_TOKEN" \
-H "Content-Type: application/json" \
-d '{"AccountKey": "...", "Uic": 0, "AssetType": "...", "BuySell": "...", "Amount": 0, "OrderType": "...", "OrderDuration": {}}'Response
A mock response. The values are invented, so check field names against the official reference.
{
"_mock": true,
"OrderId": "MOCK-ORDER-0001",
"Orders": [
{
"OrderId": "MOCK-ORDER-0001"
}
]
}Response schema, HTTP 200
Every field this site's OpenAPI file for Saxo OpenAPI declares for this response.
| Field | Type | Description |
|---|---|---|
| OrderId | string | Not recorded |
| Orders | array of objects | Not recorded |
| OrderId | string | Not recorded |
developer.saxochecked
Limits that apply at Saxo OpenAPI
| Limit | Value | Scope | Source |
|---|---|---|---|
| Headline limit | 120/min per session, per service group | session | developer.saxochecked |
Saxo API errors you may meet
- HTTP 409 (duplicate order)HTTP 409. An identical order was sent within a rolling 15 second window and was rejected.
- HTTP 426HTTP 426. Upgrade Required.
- HTTP 429HTTP 429. Rate limit exceeded: 120 requests per minute per session per service group, 1 order per second per session, or 10,000,000 per day per app.
- ActiveFollowerCannotDoManualTradeHTTP 400. Opening or closing a position is not allowed on an active strategy account.
- AlgoOrderTimeBeforeExchangeOpenHTTP 400. An algo order parameter carries a time before the exchange opens.
- AmountBelowMinimumLotSizeHTTP 400. The order size is below the exchange's minimum lot size.
All Saxo API error codes, including 137 more not listed here.