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Circle Markets logo

Circle Markets

6.3/10

NordFX

6.9/10
4/10RegulationWinner5/10
4/10FeesWinner10/10
9/10WinnerPlatforms7.5/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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Overview

Circle Markets was founded in 2007 and is headquartered in New Zealand, while NordFX was established in 2008 and is based in Mauritius. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while NordFX is regulated by VFSC (15008) among others. Circle Markets serves 10,000+ clients worldwide; NordFX has 10,000+. The minimum deposit is $100 at Circle Markets and $10 at NordFX.

NordFX wins this category
FeatureCircle MarketsNordFX
Min. Deposit$100$10
RegulationFinancial Industry Regulatory Authority (FINRA)VFSC (15008)
Founded20072008
CountryNew ZealandMauritius
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Circle Markets and NordFX, directly affecting your bottom line as a trader. NordFX has a lower barrier to entry with a minimum deposit of $10 (vs $100 at Circle Markets). Circle Markets charges withdrawal fees while NordFX does not, a notable advantage for frequent withdrawers. NordFX applies inactivity fees on dormant accounts; Circle Markets does not. Circle Markets charges deposit fees; NordFX does not. Overall, NordFX scores higher on fees in our assessment.

NordFX wins this category
FeatureCircle MarketsNordFX
Min. Deposit$100$10
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Circle Markets offers MT4, MT5, cTrader, while NordFX supports MT4, MT5. Both brokers provide mobile trading apps for iOS and Android. NordFX supports social and copy trading features, which Circle Markets does not offer. Circle Markets edges ahead on platform breadth and functionality in our scoring.

Circle Markets wins this category
FeatureCircle MarketsNordFX
MT4YesYes
MT5YesYes
cTraderYesNo
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop, Tablet & Mobile appsMT4, MT5, 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 NordFX compare. Circle Markets runs regular live webinars; NordFX does not. Both provide video tutorials, including advanced content. Circle Markets publishes daily market commentary; NordFX does not. Circle Markets integrates third-party research tools (Trading Central); NordFX does not. Circle Markets maintains an archive of past webinars for on-demand viewing. The two brokers are evenly matched on educational content.

Tied
FeatureCircle MarketsNordFX
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

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 NordFX supports 4 (bank transfer, credit/debit card, Skrill, Neteller). NordFX uniquely supports Skrill and Neteller among the two brokers. NordFX scores higher on deposit and withdrawal flexibility.

NordFX wins this category
FeatureCircle MarketsNordFX
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoYes
NetellerNoYes

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 NordFX offer live chat support. Both provide phone support. Email support is available at both brokers. Circle Markets supports 2 languages and NordFX supports 13, giving NordFX broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCircle MarketsNordFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay