B

AxiTrader

7.4/10
Circle Markets logo

Circle Markets

6.3/10
10/10WinnerRegulation4/10
10/10WinnerFees4/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner6/10
6/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

AxiTrader was founded in 2007 and is headquartered in Australia, while Circle Markets was established in 2007 and is based in New Zealand. AxiTrader holds licences including Financial Conduct Authority (FCA), while Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA) among others. AxiTrader serves 10,000+ clients worldwide; Circle Markets has 10,000+. The minimum deposit is $0 at AxiTrader and $100 at Circle Markets.

AxiTrader wins this category
FeatureAxiTraderCircle Markets
Min. Deposit$0$100
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)Financial Industry Regulatory Authority (FINRA)
Founded20072007
CountryAustraliaNew Zealand
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between AxiTrader and Circle Markets, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Circle Markets). Both brokers charge withdrawal fees. AxiTrader charges deposit fees; Circle Markets does not. Overall, AxiTrader scores higher on fees in our assessment.

AxiTrader wins this category
FeatureAxiTraderCircle Markets
Min. Deposit$0$100
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesNo

Platforms

AxiTrader offers MT4, MT5, cTrader, while Circle Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AxiTrader supports social and copy trading features, which Circle Markets does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAxiTraderCircle Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile appsDesktop, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how AxiTrader and Circle Markets compare. Circle Markets runs regular live webinars; AxiTrader does not. Circle Markets has a video library; AxiTrader does not. Circle Markets publishes daily market commentary; AxiTrader does not. Circle Markets integrates third-party research tools (Trading Central); AxiTrader does not. Circle Markets maintains an archive of past webinars for on-demand viewing. Circle Markets scores higher overall in education and research.

Circle Markets wins this category
FeatureAxiTraderCircle Markets
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AxiTrader accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while Circle Markets supports 2 (bank transfer, credit/debit card). AxiTrader uniquely supports Neteller among the two brokers. AxiTrader scores higher on deposit and withdrawal flexibility.

AxiTrader wins this category
FeatureAxiTraderCircle Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AxiTrader and Circle Markets offer live chat support. Both provide phone support. Email support is available at both brokers. AxiTrader supports 8 languages and Circle Markets supports 2, giving AxiTrader broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAxiTraderCircle Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Chinese, Spanish, German, Japanese, Russian, Romanian, and ArabicEnglish, and Chinese