Bridges Financial Services
Saxo Markets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Bridges Financial Services was founded in 2014 and is headquartered in Australia, while Saxo Markets was established in 2012 and is based in Denmark. Bridges Financial Services holds licences including ABN 60 003 474 977, while Saxo Markets is regulated by Financial Conduct Authority (FCA) among others. Bridges Financial Services serves 10,000+ clients worldwide; Saxo Markets has 10,000+. The minimum deposit is $100 at Bridges Financial Services and $6500 at Saxo Markets.
| Feature | Bridges Financial Services | Saxo Markets |
|---|---|---|
| Min. Deposit | $100 | $6500 |
| Regulation | ABN 60 003 474 977, AFSL No. 240837 | Financial Conduct Authority (FCA) |
| Founded | 2014 | 2012 |
| Country | Australia | Denmark |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bridges Financial Services and Saxo Markets, directly affecting your bottom line as a trader. Bridges Financial Services has a lower barrier to entry with a minimum deposit of $100 (vs $6500 at Saxo Markets). Both brokers charge withdrawal fees. Saxo Markets applies inactivity fees on dormant accounts; Bridges Financial Services does not. Bridges Financial Services charges deposit fees; Saxo Markets does not. Overall, Bridges Financial Services scores higher on fees in our assessment.
| Feature | Bridges Financial Services | Saxo Markets |
|---|---|---|
| Min. Deposit | $100 | $6500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Bridges Financial Services offers MT4, MT5, cTrader, while Saxo Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Bridges Financial Services | 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 | MetaTrader 4 | 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 Bridges Financial Services and Saxo Markets compare. Bridges Financial Services runs regular live webinars; Saxo Markets does not. Both provide video tutorials. Bridges Financial Services publishes daily market commentary; Saxo Markets does not. Both integrate third-party research tools. Bridges Financial Services maintains an archive of past webinars for on-demand viewing. Bridges Financial Services scores higher overall in education and research.
| Feature | Bridges Financial Services | 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. Bridges Financial Services 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 | Bridges Financial Services | 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 Bridges Financial Services 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 | Bridges Financial Services | Saxo Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |