Circle Markets
ForexVox
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Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while ForexVox was established in 2019 and is based in UK. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while ForexVox is regulated by Financial Conduct Authority (FCA) in the United Kingdom among others. Circle Markets serves 10,000+ clients worldwide; ForexVox has 10,000+. The minimum deposit is $100 at Circle Markets and $0 at ForexVox.
| Feature | Circle Markets | ForexVox |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Industry Regulatory Authority (FINRA) | Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028 |
| Founded | 2007 | 2019 |
| Country | New Zealand | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and ForexVox, directly affecting your bottom line as a trader. ForexVox has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Circle Markets). Both brokers charge withdrawal fees. Circle Markets charges deposit fees; ForexVox does not. Overall, ForexVox scores higher on fees in our assessment.
| Feature | Circle Markets | ForexVox |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Circle Markets offers MT4, MT5, cTrader, while ForexVox supports MT4, MT5. Both brokers provide mobile trading apps for iOS and Android. ForexVox supports social and copy trading features, which Circle Markets does not offer. Circle Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Circle Markets | ForexVox |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | Yes |
| Trading Platforms | Desktop, Tablet & Mobile apps | MT4, MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Circle Markets and ForexVox compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Circle Markets integrates third-party research tools (Trading Central); ForexVox does not. Circle Markets maintains an archive of past webinars for on-demand viewing. ForexVox scores higher overall in education and research.
| Feature | Circle Markets | ForexVox |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| 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 ForexVox supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ForexVox uniquely supports PayPal and Skrill and Neteller among the two brokers. ForexVox scores higher on deposit and withdrawal flexibility.
| Feature | Circle Markets | ForexVox |
|---|---|---|
| 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 ForexVox offer live chat support. Both provide phone support. Email support is available at both brokers. Circle Markets supports 2 languages and ForexVox supports 4, giving ForexVox broader global reach. Both brokers are comparable on support quality.
| Feature | Circle Markets | ForexVox |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Russian, Indonesian, Malaysian |