Blitzbrokers
Circle Markets
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Overview
Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while Circle Markets was established in 2007 and is based in New Zealand. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA) among others. Blitzbrokers serves 10,000+ clients worldwide; Circle Markets has 10,000+. The minimum deposit is $1 at Blitzbrokers and $100 at Circle Markets.
| Feature | Blitzbrokers | Circle Markets |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | Securities and Futures Commission (SFC) | Financial Industry Regulatory Authority (FINRA) |
| Founded | 1982 | 2007 |
| Country | Hong Kong | New Zealand |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Blitzbrokers and Circle Markets, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Circle Markets). Circle Markets charges withdrawal fees while Blitzbrokers does not, giving Blitzbrokers an edge for frequent withdrawers. Circle Markets charges deposit fees; Blitzbrokers does not. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | Blitzbrokers | Circle Markets |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Blitzbrokers offers MT5, cTrader, while Circle Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blitzbrokers supports social and copy trading features, which Circle Markets does not offer. Circle Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Blitzbrokers | Circle Markets |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,WEB,Android | Desktop, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blitzbrokers and Circle Markets compare. Circle Markets runs regular live webinars; Blitzbrokers does not. Both provide video tutorials. Circle Markets publishes daily market commentary; Blitzbrokers 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 | Blitzbrokers | 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. Blitzbrokers 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 | Blitzbrokers | 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 Blitzbrokers 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 | Blitzbrokers | Circle Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |