Saxo Markets
World Forex Review
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Overview
Saxo Markets was founded in 2012 and is headquartered in Denmark, while World Forex Review was established in 2008 and is based in Vanuatu. Saxo Markets holds licences including Financial Conduct Authority (FCA), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. Saxo Markets serves 10,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $6500 at Saxo Markets and $100 at World Forex Review.
| Feature | Saxo Markets | World Forex Review |
|---|---|---|
| Min. Deposit | $6500 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Vanuatu Financial Services Commission (VFSC) |
| Founded | 2012 | 2008 |
| Country | Denmark | Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Saxo Markets and World Forex Review, directly affecting your bottom line as a trader. World Forex Review 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; World Forex Review does not. World Forex Review charges deposit fees; Saxo Markets does not. Overall, World Forex Review scores higher on fees in our assessment.
| Feature | Saxo Markets | World Forex Review |
|---|---|---|
| Min. Deposit | $6500 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Saxo Markets offers MT4, MT5, cTrader, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Saxo Markets supports social and copy trading features, which World Forex Review does not offer. The two brokers are closely matched on platform offering.
| Feature | Saxo Markets | World Forex Review |
|---|---|---|
| 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 | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Saxo Markets and World Forex Review compare. World Forex Review runs regular live webinars; Saxo Markets does not. Both provide video tutorials. World Forex Review publishes daily market commentary; Saxo Markets does not. Both integrate third-party research tools. World Forex Review maintains an archive of past webinars for on-demand viewing. World Forex Review scores higher overall in education and research.
| Feature | Saxo Markets | World Forex Review |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 World Forex Review supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Saxo Markets | World Forex Review |
|---|---|---|
| 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 World Forex Review 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 | World Forex Review |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |