Circle Markets
Ingot Brokers
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Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while Ingot Brokers was established in 2004 and is based in Australia. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. Circle Markets serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $100 at Circle Markets and $1000 at Ingot Brokers.
| Feature | Circle Markets | Ingot Brokers |
|---|---|---|
| Min. Deposit | $100 | $1000 |
| Regulation | Financial Industry Regulatory Authority (FINRA) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2007 | 2004 |
| Country | New Zealand | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and Ingot Brokers, directly affecting your bottom line as a trader. Circle Markets has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Ingot Brokers). Circle Markets charges withdrawal fees while Ingot Brokers does not, a notable advantage for frequent withdrawers. Ingot Brokers applies inactivity fees on dormant accounts; Circle Markets does not. Circle Markets charges deposit fees; Ingot Brokers does not. Overall, Circle Markets scores higher on fees in our assessment.
| Feature | Circle Markets | Ingot Brokers |
|---|---|---|
| Min. Deposit | $100 | $1000 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
Circle Markets offers MT4, MT5, cTrader, while Ingot Brokers 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 | Ingot Brokers |
|---|---|---|
| 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 Ingot Brokers compare. Circle Markets runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Circle Markets publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Circle Markets maintains an archive of past webinars for on-demand viewing. Circle Markets scores higher overall in education and research.
| Feature | Circle Markets | Ingot Brokers |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 Ingot Brokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Circle Markets | Ingot Brokers |
|---|---|---|
| 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 Ingot Brokers 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 | Ingot Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |