BeeOptions
Circle Markets
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Overview
BeeOptions was founded in 2004 and is headquartered in Cyprus, while Circle Markets was established in 2007 and is based in New Zealand. BeeOptions holds licences including Cyprus Securities and Exchange Commission (CySEC), while Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA) among others. BeeOptions serves 10,000+ clients worldwide; Circle Markets has 10,000+. The minimum deposit is $0 at BeeOptions and $100 at Circle Markets.
| Feature | BeeOptions | Circle Markets |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Industry Regulatory Authority (FINRA) |
| Founded | 2004 | 2007 |
| Country | Cyprus | New Zealand |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BeeOptions and Circle Markets, directly affecting your bottom line as a trader. BeeOptions has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Circle Markets). Circle Markets charges withdrawal fees while BeeOptions does not, giving BeeOptions an edge for frequent withdrawers. Circle Markets charges deposit fees; BeeOptions does not. Overall, BeeOptions scores higher on fees in our assessment.
| Feature | BeeOptions | Circle Markets |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
BeeOptions offers MT4, MT5, cTrader, while Circle Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. BeeOptions supports social and copy trading features, which Circle Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | BeeOptions | 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 | IRESSTrader,IRESSInvestor,netIRESS,XPLAN | Desktop, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BeeOptions and Circle Markets compare. Circle Markets runs regular live webinars; BeeOptions does not. Circle Markets has a video library; BeeOptions does not. Circle Markets publishes daily market commentary; BeeOptions does not. Circle Markets integrates third-party research tools (Trading Central); BeeOptions does not. Circle Markets maintains an archive of past webinars for on-demand viewing. Circle Markets scores higher overall in education and research.
| Feature | BeeOptions | Circle Markets |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. BeeOptions 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 | BeeOptions | 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 BeeOptions 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 | BeeOptions | Circle Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |