Advanced Global Markets
Saxo Markets
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while Saxo Markets was established in 2012 and is based in Denmark. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Saxo Markets is regulated by Financial Conduct Authority (FCA) among others. Advanced Global Markets serves 10,000+ clients worldwide; Saxo Markets has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $6500 at Saxo Markets.
| Feature | Advanced Global Markets | Saxo Markets |
|---|---|---|
| Min. Deposit | $500 | $6500 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) |
| Founded | 1992 | 2012 |
| Country | Cyprus | Denmark |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and Saxo Markets, directly affecting your bottom line as a trader. Advanced Global Markets has a lower barrier to entry with a minimum deposit of $500 (vs $6500 at Saxo Markets). Both brokers charge withdrawal fees. Saxo Markets applies inactivity fees on dormant accounts; Advanced Global Markets does not. Advanced Global Markets charges deposit fees; Saxo Markets does not. The two brokers are broadly comparable on fee structure.
| Feature | Advanced Global Markets | Saxo Markets |
|---|---|---|
| Min. Deposit | $500 | $6500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while Saxo Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Saxo Markets supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Advanced Global Markets | Saxo Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | Mac, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and Saxo Markets compare. Advanced Global Markets runs regular live webinars; Saxo Markets does not. Both provide video tutorials. Advanced Global Markets publishes daily market commentary; Saxo Markets does not. Both integrate third-party research tools. Advanced Global Markets maintains an archive of past webinars for on-demand viewing. Advanced Global Markets scores higher overall in education and research.
| Feature | Advanced Global Markets | Saxo Markets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Saxo Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Advanced Global Markets | Saxo Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and Saxo Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | Saxo Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |