Hirose Financial
Saxo Markets
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Overview
Hirose Financial was founded in 2004 and is headquartered in UK, while Saxo Markets was established in 2012 and is based in Denmark. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Hirose Financial serves 10,000+ clients worldwide; Saxo Markets has 10,000+. The minimum deposit is $1 at Hirose Financial and $6500 at Saxo Markets.
| Feature | Hirose Financial | Saxo Markets |
|---|---|---|
| Min. Deposit | $1 | $6500 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA) |
| Founded | 2004 | 2012 |
| Country | UK | Denmark |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Hirose Financial and Saxo Markets, directly affecting your bottom line as a trader. Hirose Financial has a lower barrier to entry with a minimum deposit of $1 (vs $6500 at Saxo Markets). Both brokers charge withdrawal fees. Saxo Markets applies inactivity fees on dormant accounts; Hirose Financial does not. Overall, Hirose Financial scores higher on fees in our assessment.
| Feature | Hirose Financial | Saxo Markets |
|---|---|---|
| Min. Deposit | $1 | $6500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Hirose Financial 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 | Hirose Financial | 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, Mirror Trader, Web Trader, Binary, Tablet & Mobile apps | 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 Hirose Financial and Saxo Markets compare. Hirose Financial runs regular live webinars; Saxo Markets does not. Both provide video tutorials. Hirose Financial publishes daily market commentary; Saxo Markets does not. Both integrate third-party research tools. Hirose Financial maintains an archive of past webinars for on-demand viewing. Hirose Financial scores higher overall in education and research.
| Feature | Hirose Financial | 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. Hirose Financial 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 | Hirose Financial | 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 Hirose Financial 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 | Hirose Financial | Saxo Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |