AvaTrade
Circle Markets
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while Circle Markets was established in 2007 and is based in New Zealand. AvaTrade holds licences including Central Bank of Ireland, while Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA) among others. AvaTrade serves 200,000+ clients worldwide; Circle Markets has 10,000+. The minimum deposit is $250 at AvaTrade and $100 at Circle Markets.
| Feature | AvaTrade | Circle Markets |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | Financial Industry Regulatory Authority (FINRA) |
| Founded | 2006 | 2007 |
| Country | The British Virgin Islands | New Zealand |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and Circle Markets, directly affecting your bottom line as a trader. Circle Markets has a lower barrier to entry with a minimum deposit of $100 (vs $250 at AvaTrade). Circle Markets charges withdrawal fees while AvaTrade does not, giving AvaTrade an edge for frequent withdrawers. Circle Markets charges deposit fees; AvaTrade does not. Overall, Circle Markets scores higher on fees in our assessment.
| Feature | AvaTrade | Circle Markets |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
AvaTrade offers MT4, MT5, cTrader, while Circle Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which Circle Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | AvaTrade | 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 | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | Desktop, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and Circle Markets compare. Circle Markets runs regular live webinars; AvaTrade does not. Both provide video tutorials. Circle Markets publishes daily market commentary; AvaTrade 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 | AvaTrade | 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. AvaTrade accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Neteller), while Circle Markets supports 2 (bank transfer, credit/debit card). AvaTrade uniquely supports PayPal and Neteller among the two brokers. AvaTrade scores higher on deposit and withdrawal flexibility.
| Feature | AvaTrade | Circle Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AvaTrade and Circle Markets offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and Circle Markets supports 2, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | Circle Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English, and Chinese |