Saxo Markets
Valutrades
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Overview
Saxo Markets was founded in 2012 and is headquartered in Denmark, while Valutrades was established in 2008 and is based in UK. Saxo Markets holds licences including Financial Conduct Authority (FCA), while Valutrades is regulated by Unregulated among others. Saxo Markets serves 10,000+ clients worldwide; Valutrades has 10,000+. The minimum deposit is $6500 at Saxo Markets and $0 at Valutrades.
| Feature | Saxo Markets | Valutrades |
|---|---|---|
| Min. Deposit | $6500 | $0 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 2012 | 2008 |
| Country | Denmark | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Saxo Markets and Valutrades, directly affecting your bottom line as a trader. Valutrades has a lower barrier to entry with a minimum deposit of $0 (vs $6500 at Saxo Markets). Saxo Markets charges withdrawal fees while Valutrades does not, a notable advantage for frequent withdrawers. Saxo Markets applies inactivity fees on dormant accounts; Valutrades does not. Valutrades charges deposit fees; Saxo Markets does not. Overall, Valutrades scores higher on fees in our assessment.
| Feature | Saxo Markets | Valutrades |
|---|---|---|
| Min. Deposit | $6500 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Saxo Markets offers MT4, MT5, cTrader, while Valutrades 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 | Saxo Markets | Valutrades |
|---|---|---|
| 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 | iPhone,iOS,Mac,iPad,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Saxo Markets and Valutrades compare. Valutrades runs regular live webinars; Saxo Markets does not. Both provide video tutorials. Valutrades publishes daily market commentary; Saxo Markets does not. Both integrate third-party research tools. Valutrades maintains an archive of past webinars for on-demand viewing. Valutrades scores higher overall in education and research.
| Feature | Saxo Markets | Valutrades |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 Valutrades supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Saxo Markets | Valutrades |
|---|---|---|
| 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 Valutrades 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 | Valutrades |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |