BOQ Trading
Circle Markets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
BOQ Trading was founded in 2014 and is headquartered in United States, while Circle Markets was established in 2007 and is based in New Zealand. BOQ Trading holds licences including Financial Conduct Authority (FCA), while Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA) among others. BOQ Trading serves 10,000+ clients worldwide; Circle Markets has 10,000+. The minimum deposit is $200 at BOQ Trading and $100 at Circle Markets.
| Feature | BOQ Trading | Circle Markets |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Industry Regulatory Authority (FINRA) |
| Founded | 2014 | 2007 |
| Country | United States | New Zealand |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BOQ Trading 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 $200 at BOQ Trading). Circle Markets charges withdrawal fees while BOQ Trading does not, giving BOQ Trading an edge for frequent withdrawers. BOQ Trading charges deposit fees; Circle Markets does not. Overall, BOQ Trading scores higher on fees in our assessment.
| Feature | BOQ Trading | Circle Markets |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
BOQ Trading offers MT4, MT5, cTrader, while Circle Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. BOQ Trading supports social and copy trading features, which Circle Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | BOQ Trading | 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 | MetaTrader 4,Mac,iPhone | Desktop, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BOQ Trading 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. BOQ Trading scores higher overall in education and research.
| Feature | BOQ Trading | 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. BOQ Trading 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 | BOQ Trading | 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 BOQ Trading 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 | BOQ Trading | Circle Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |