Circle Markets
forextime
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Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while forextime was established in 2011 and is based in Lebanon. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while forextime is regulated by Financial Conduct Authority (FCA) among others. Circle Markets serves 10,000+ clients worldwide; forextime has 200,000+. The minimum deposit is $100 at Circle Markets and $250 at forextime.
| Feature | Circle Markets | forextime |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Industry Regulatory Authority (FINRA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F230 |
| Founded | 2007 | 2011 |
| Country | New Zealand | Lebanon |
| Clients | 10,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and forextime, directly affecting your bottom line as a trader. Circle Markets has a lower barrier to entry with a minimum deposit of $100 (vs $250 at forextime). Circle Markets charges withdrawal fees while forextime does not, a notable advantage for frequent withdrawers. Circle Markets charges deposit fees; forextime does not. Overall, Circle Markets scores higher on fees in our assessment.
| Feature | Circle Markets | forextime |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Circle Markets offers MT4, MT5, cTrader, while forextime supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Circle Markets | forextime |
|---|---|---|
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 forextime 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. forextime scores higher overall in education and research.
| Feature | Circle Markets | forextime |
|---|---|---|
| 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 forextime supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). forextime uniquely supports PayPal and Skrill and Neteller among the two brokers. forextime scores higher on deposit and withdrawal flexibility.
| Feature | Circle Markets | forextime |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 forextime offer live chat support. Both provide phone support. Email support is available at both brokers. Circle Markets supports 2 languages and forextime supports 8, giving forextime broader global reach. Both brokers are comparable on support quality.
| Feature | Circle Markets | forextime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |