Circle Markets
Forex Club
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Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while Forex Club was established in 2008 and is based in Russia. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while Forex Club is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Circle Markets serves 10,000+ clients worldwide; Forex Club has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Circle Markets | Forex Club |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Financial Industry Regulatory Authority (FINRA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2007 | 2008 |
| Country | New Zealand | Russia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and Forex Club, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Circle Markets charges withdrawal fees while Forex Club does not, a notable advantage for frequent withdrawers. Circle Markets charges deposit fees; Forex Club does not. Overall, Forex Club scores higher on fees in our assessment.
| Feature | Circle Markets | Forex Club |
|---|---|---|
| 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 Forex Club supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex Club supports social and copy trading features, which Circle Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Circle Markets | Forex Club |
|---|---|---|
| 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,WEB,desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Circle Markets and Forex Club 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. Forex Club scores higher overall in education and research.
| Feature | Circle Markets | Forex Club |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
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 Forex Club supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Circle Markets | Forex Club |
|---|---|---|
| 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 Forex Club 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 | Forex Club |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |