Circle Markets
Eightcap
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Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while Eightcap was established in 2009 and is based in Australia. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while Eightcap is regulated by Australian Securities and Investment Commission (ASIC) among others. Circle Markets serves 10,000+ clients worldwide; Eightcap has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Circle Markets | Eightcap |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Financial Industry Regulatory Authority (FINRA) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2007 | 2009 |
| Country | New Zealand | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and Eightcap, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Both brokers charge withdrawal fees. Eightcap applies inactivity fees on dormant accounts; Circle Markets does not. Circle Markets charges deposit fees; Eightcap does not. The two brokers are broadly comparable on fee structure.
| Feature | Circle Markets | Eightcap |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Circle Markets offers MT4, MT5, cTrader, while Eightcap supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Eightcap supports social and copy trading features, which Circle Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Circle Markets | Eightcap |
|---|---|---|
| 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 | MT4, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Circle Markets and Eightcap compare. Circle Markets runs regular live webinars; Eightcap does not. Circle Markets has a video library; Eightcap does not. Circle Markets publishes daily market commentary; Eightcap does not. Circle Markets integrates third-party research tools (Trading Central); Eightcap does not. Circle Markets maintains an archive of past webinars for on-demand viewing. Circle Markets scores higher overall in education and research.
| Feature | Circle Markets | Eightcap |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 Eightcap supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Circle Markets | Eightcap |
|---|---|---|
| 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 Eightcap 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 | Eightcap |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |