Saxo Markets
Wilsons Advisory And Stockbroking
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Overview
Saxo Markets was founded in 2012 and is headquartered in Denmark, while Wilsons Advisory And Stockbroking was established in 2008 and is based in Australia. Saxo Markets holds licences including Financial Conduct Authority (FCA), while Wilsons Advisory And Stockbroking is regulated by Unregulated among others. Saxo Markets serves 10,000+ clients worldwide; Wilsons Advisory And Stockbroking has 10,000+. The minimum deposit is $6500 at Saxo Markets and $100 at Wilsons Advisory And Stockbroking.
| Feature | Saxo Markets | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $6500 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 2012 | 2008 |
| Country | Denmark | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Saxo Markets and Wilsons Advisory And Stockbroking, directly affecting your bottom line as a trader. Wilsons Advisory And Stockbroking has a lower barrier to entry with a minimum deposit of $100 (vs $6500 at Saxo Markets). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Wilsons Advisory And Stockbroking charges deposit fees; Saxo Markets does not. Overall, Wilsons Advisory And Stockbroking scores higher on fees in our assessment.
| Feature | Saxo Markets | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $6500 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Saxo Markets offers MT4, MT5, cTrader, while Wilsons Advisory And Stockbroking supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Saxo Markets supports social and copy trading features, which Wilsons Advisory And Stockbroking does not offer. The two brokers are closely matched on platform offering.
| Feature | Saxo Markets | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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 | Metatrader 4 - desktop, iOS and Android versions available. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Saxo Markets and Wilsons Advisory And Stockbroking compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Saxo Markets | Wilsons Advisory And Stockbroking |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
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 Wilsons Advisory And Stockbroking supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Saxo Markets | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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 Wilsons Advisory And Stockbroking 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 | Wilsons Advisory And Stockbroking |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |