Circle Markets
multibank exchange group
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Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while multibank exchange group was established in 2015 and is based in Cyprus. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while multibank exchange group is regulated by Financial Conduct Authority (FCA) among others. Circle Markets serves 10,000+ clients worldwide; multibank exchange group has 10,000+. The minimum deposit is $100 at Circle Markets and $250 at multibank exchange group.
| Feature | Circle Markets | multibank exchange group |
|---|---|---|
| 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-F282 |
| Founded | 2007 | 2015 |
| Country | New Zealand | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and multibank exchange group, 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 multibank exchange group). Circle Markets charges withdrawal fees while multibank exchange group does not, a notable advantage for frequent withdrawers. Circle Markets charges deposit fees; multibank exchange group does not. Overall, Circle Markets scores higher on fees in our assessment.
| Feature | Circle Markets | multibank exchange group |
|---|---|---|
| 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 multibank exchange group supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. multibank exchange group supports social and copy trading features, which Circle Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Circle Markets | multibank exchange group |
|---|---|---|
| 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 multibank exchange group compare. Circle Markets runs regular live webinars; multibank exchange group does not. Both provide video tutorials. Circle Markets publishes daily market commentary; multibank exchange group 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 | multibank exchange group |
|---|---|---|
| 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 multibank exchange group supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). multibank exchange group uniquely supports PayPal and Skrill and Neteller among the two brokers. multibank exchange group scores higher on deposit and withdrawal flexibility.
| Feature | Circle Markets | multibank exchange group |
|---|---|---|
| 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 multibank exchange group offer live chat support. Both provide phone support. Email support is available at both brokers. Circle Markets supports 2 languages and multibank exchange group supports 8, giving multibank exchange group broader global reach. Both brokers are comparable on support quality.
| Feature | Circle Markets | multibank exchange group |
|---|---|---|
| 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 |