Barclays
Circle Markets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Barclays was founded in 2011 and is headquartered in United Kingdom, while Circle Markets was established in 2007 and is based in New Zealand. Barclays holds licences including Financial Conduct Authority (FCA), while Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA) among others. Barclays serves 10,000+ clients worldwide; Circle Markets has 10,000+. The minimum deposit is $0 at Barclays and $100 at Circle Markets.
| Feature | Barclays | Circle Markets |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) | Financial Industry Regulatory Authority (FINRA) |
| Founded | 2011 | 2007 |
| Country | United Kingdom | New Zealand |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Barclays and Circle Markets, directly affecting your bottom line as a trader. Barclays has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Circle Markets). Circle Markets charges withdrawal fees while Barclays does not, giving Barclays an edge for frequent withdrawers. Circle Markets charges deposit fees; Barclays does not. Overall, Barclays scores higher on fees in our assessment.
| Feature | Barclays | Circle Markets |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Barclays offers MT4, MT5, cTrader, while Circle Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Barclays | 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 | Desktop, 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 Barclays and Circle Markets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Barclays scores higher overall in education and research.
| Feature | Barclays | Circle Markets |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Barclays 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 | Barclays | 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 Barclays 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 | Barclays | Circle Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |