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Saxo OpenAPI POST /trade/v2/orders/precheck

POST/trade/v2/orders/precheckversion v2Orders

Checks an order without placing it and returns the expected costs, cash required and margin impact. Useful to show a cost preview before the user confirms.

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.

Independent and unofficialdeveloper.saxochecked

Does not place an order. Saxo's page advises checking ErrorInfo on a 200 reply and also lists 503. ManualOrder does not appear in this call's parameter table. 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.

Parameters

NameInTypeDescription
AccountKeyrequired, not confirmedbodystringAccount to place the order on, from GET /port/v1/accounts/me.
Uicrequired, not confirmedbodyintegerUnique id of the instrument.
AssetTyperequired, not confirmedbodystringThe instrument's asset type.
BuySellrequired, not confirmedbodystringBuy or Sell.
Amountrequired, not confirmedbodynumberOrder size.
OrderTyperequired, not confirmedbodystringPlaceable order type, for example Market, Limit or Stop.
OrderPricebodynumberOrder price; optional for market orders.
OrderDurationrequired, not confirmedbodyobjectDuration, for example DurationType DayOrder or GoodTillCancel.
ExternalReferencebodystringYour own reference, up to 50 characters.
OrdersbodyarrayOptional related take profit and stop orders, or an OCO order.
FieldGroupsbodyarrayExtra results to return, for example Costs and MarginImpactBuySell.

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

NameTypeDescription
Authorizationrequired, not confirmedstringOAuth 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: body fields OrderPrice, ExternalReference, Orders, FieldGroups.
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/precheck", 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: body fields OrderPrice, ExternalReference, Orders, FieldGroups.
// 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/precheck", {
  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: body fields OrderPrice, ExternalReference, Orders, FieldGroups.
curl -X POST "https://gateway.saxobank.com/sim/openapi/trade/v2/orders/precheck" \
  -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,
  "PreCheckResult": "Ok",
  "EstimatedCashRequired": 10,
  "EstimatedCashRequiredCurrency": "EUR",
  "Cost": {
    "Commission": 1,
    "ExchangeFee": 0,
    "StampDuty": 0
  },
  "EstimatedTotalCost": 1,
  "EstimatedTotalCostInAccountCurrency": 1,
  "InstrumentToAccountConversionRate": 1,
  "MarginImpactBuySell": {
    "Currency": "EUR",
    "InitialMarginBuy": 0,
    "MaintenanceMarginBuy": 0
  }
}

Response schema, HTTP 200

Every field this site's OpenAPI file for Saxo OpenAPI declares for this response.

FieldTypeDescription
PreCheckResultstringNot recorded
EstimatedCashRequirednumberNot recorded
EstimatedCashRequiredCurrencystringNot recorded
CostobjectNot recorded
CommissionnumberNot recorded
ExchangeFeenumberNot recorded
StampDutynumberNot recorded
EstimatedTotalCostnumberNot recorded
EstimatedTotalCostInAccountCurrencynumberNot recorded
InstrumentToAccountConversionRateintegerNot recorded
MarginImpactBuySellobjectNot recorded
CurrencystringNot recorded
InitialMarginBuynumberNot recorded
MaintenanceMarginBuynumberNot recorded

developer.saxochecked

Limits that apply at Saxo OpenAPI

LimitValueScopeSource
Headline limit120/min per session, per service groupsessiondeveloper.saxochecked

Saxo API errors you may meet

All Saxo API error codes, including 137 more not listed here.