Alpha Capital Markets
Circle Markets
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Overview
Alpha Capital Markets was founded in 1999 and is headquartered in UK, while Circle Markets was established in 2007 and is based in New Zealand. Alpha Capital Markets holds licences including Unregulated, while Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; Circle Markets has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $100 at Circle Markets.
| Feature | Alpha Capital Markets | Circle Markets |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Unregulated | Financial Industry Regulatory Authority (FINRA) |
| Founded | 1999 | 2007 |
| Country | UK | New Zealand |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Alpha Capital Markets and Circle Markets, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Circle Markets). Circle Markets charges withdrawal fees while Alpha Capital Markets does not, giving Alpha Capital Markets an edge for frequent withdrawers. Alpha Capital Markets applies inactivity fees on dormant accounts; Circle Markets does not. Circle Markets charges deposit fees; Alpha Capital Markets does not. Overall, Alpha Capital Markets scores higher on fees in our assessment.
| Feature | Alpha Capital Markets | Circle Markets |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Alpha Capital Markets offers MT4, MT5, cTrader, while Circle Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which Circle Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Alpha Capital Markets | Circle Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Metatrader 4 - desktop, iOS and Android versions available. | Desktop, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Alpha Capital Markets and Circle Markets compare. Circle Markets runs regular live webinars; Alpha Capital Markets does not. Both provide video tutorials. Circle Markets publishes daily market commentary; Alpha Capital Markets does not. Both integrate third-party research tools. Circle Markets maintains an archive of past webinars for on-demand viewing. Circle Markets scores higher overall in education and research.
| Feature | Alpha Capital Markets | Circle Markets |
|---|---|---|
| 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. Alpha Capital Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Circle Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Alpha Capital Markets | Circle 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 Alpha Capital Markets and Circle 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 | Alpha Capital Markets | Circle Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |