Saxo Markets
Uniglobe Markets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Saxo Markets was founded in 2012 and is headquartered in Denmark, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. Saxo Markets holds licences including Financial Conduct Authority (FCA), while Uniglobe Markets is regulated by Unregulated among others. Saxo Markets serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $6500 at Saxo Markets and $10 at Uniglobe Markets.
| Feature | Saxo Markets | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $6500 | $10 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 2012 | 2008 |
| Country | Denmark | Marshall Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Saxo Markets and Uniglobe Markets, directly affecting your bottom line as a trader. Uniglobe Markets has a lower barrier to entry with a minimum deposit of $10 (vs $6500 at Saxo Markets). Saxo Markets charges withdrawal fees while Uniglobe Markets does not, a notable advantage for frequent withdrawers. Saxo Markets applies inactivity fees on dormant accounts; Uniglobe Markets does not. Uniglobe Markets charges deposit fees; Saxo Markets does not. Overall, Uniglobe Markets scores higher on fees in our assessment.
| Feature | Saxo Markets | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $6500 | $10 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Saxo Markets offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Saxo Markets supports social and copy trading features, which Uniglobe Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Saxo Markets | Uniglobe Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Mac, Web Trader, Tablet & Mobile apps | Windows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Saxo Markets and Uniglobe Markets compare. Saxo Markets has a video library; Uniglobe Markets does not. Saxo Markets integrates third-party research tools (Autochartist); Uniglobe Markets does not. Saxo Markets scores higher overall in education and research.
| Feature | Saxo Markets | Uniglobe Markets |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Saxo Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Uniglobe Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Saxo Markets | Uniglobe 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 Saxo Markets and Uniglobe 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 | Saxo Markets | Uniglobe Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |