Circle Markets
Daw Trading
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Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while Daw Trading was established in 1988 and is based in USA. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while Daw Trading is regulated by Financial Conduct Authority (FCA) among others. Circle Markets serves 10,000+ clients worldwide; Daw Trading has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Circle Markets | Daw Trading |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Financial Industry Regulatory Authority (FINRA) | Financial Conduct Authority (FCA) |
| Founded | 2007 | 1988 |
| Country | New Zealand | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and Daw Trading, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Circle Markets charges withdrawal fees while Daw Trading does not, a notable advantage for frequent withdrawers. Circle Markets charges deposit fees; Daw Trading does not. Overall, Daw Trading scores higher on fees in our assessment.
| Feature | Circle Markets | Daw Trading |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Circle Markets offers MT4, MT5, cTrader, while Daw Trading supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Circle Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Circle Markets | Daw Trading |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop, Tablet & Mobile apps | Android,WEB,Desktop,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Circle Markets and Daw Trading 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. The two brokers are evenly matched on educational content.
| Feature | Circle Markets | Daw Trading |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Circle Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Daw Trading supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Circle Markets | Daw Trading |
|---|---|---|
| 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 Circle Markets and Daw Trading 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 | Circle Markets | Daw Trading |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |