BDSwiss
Saxo Markets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
BDSwiss was founded in 2012 and is headquartered in Mauritius, while Saxo Markets was established in 2012 and is based in Denmark. BDSwiss holds licences including BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, while Saxo Markets is regulated by Financial Conduct Authority (FCA) among others. BDSwiss serves 10,000+ clients worldwide; Saxo Markets has 10,000+. The minimum deposit is $500 at BDSwiss and $6500 at Saxo Markets.
| Feature | BDSwiss | Saxo Markets |
|---|---|---|
| Min. Deposit | $500 | $6500 |
| Regulation | BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, licence no. SD047) Registered address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles | Financial Conduct Authority (FCA) |
| Founded | 2012 | 2012 |
| Country | Mauritius | Denmark |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BDSwiss and Saxo Markets, directly affecting your bottom line as a trader. BDSwiss has a lower barrier to entry with a minimum deposit of $500 (vs $6500 at Saxo Markets). Saxo Markets charges withdrawal fees while BDSwiss does not, giving BDSwiss an edge for frequent withdrawers. Saxo Markets applies inactivity fees on dormant accounts; BDSwiss does not. BDSwiss charges deposit fees; Saxo Markets does not. The two brokers are broadly comparable on fee structure.
| Feature | BDSwiss | Saxo Markets |
|---|---|---|
| Min. Deposit | $500 | $6500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
BDSwiss offers MT4, MT5, cTrader, a proprietary platform, 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 BDSwiss does not offer. BDSwiss edges ahead on platform breadth and functionality in our scoring.
| Feature | BDSwiss | 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 ,Android,iPhone,Mac | 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 BDSwiss and Saxo Markets compare. BDSwiss runs regular live webinars; Saxo Markets does not. Both provide video tutorials. BDSwiss publishes daily market commentary; Saxo Markets does not. Both integrate third-party research tools. BDSwiss maintains an archive of past webinars for on-demand viewing. BDSwiss scores higher overall in education and research.
| Feature | BDSwiss | Saxo Markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. BDSwiss 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 | BDSwiss | 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 BDSwiss 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 | BDSwiss | Saxo Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |