Circle Markets
OptionWeb
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while OptionWeb was established in 2012 and is based in Cyprus. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Circle Markets serves 10,000+ clients worldwide; OptionWeb has 10,000+. The minimum deposit is $100 at Circle Markets and $200 at OptionWeb.
| Feature | Circle Markets | OptionWeb |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Financial Industry Regulatory Authority (FINRA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2007 | 2012 |
| Country | New Zealand | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and OptionWeb, directly affecting your bottom line as a trader. Circle Markets has a lower barrier to entry with a minimum deposit of $100 (vs $200 at OptionWeb). Circle Markets charges withdrawal fees while OptionWeb does not, a notable advantage for frequent withdrawers. Circle Markets charges deposit fees; OptionWeb does not. Overall, OptionWeb scores higher on fees in our assessment.
| Feature | Circle Markets | OptionWeb |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Circle Markets offers MT4, MT5, cTrader, while OptionWeb supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Circle Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Circle Markets | OptionWeb |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop, Tablet & Mobile apps | Binary, 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 OptionWeb compare. Circle Markets runs regular live webinars; OptionWeb does not. Both provide video tutorials. Circle Markets publishes daily market commentary; OptionWeb 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 | OptionWeb |
|---|---|---|
| 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 OptionWeb supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Circle Markets | OptionWeb |
|---|---|---|
| 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 OptionWeb 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 | OptionWeb |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |