Circle Markets
profiforex corp
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Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while profiforex corp was established in 2018 and is based in Cyprus. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while profiforex corp is regulated by Financial Conduct Authority (FCA) among others. Circle Markets serves 10,000+ clients worldwide; profiforex corp has 30,000+. The minimum deposit is $100 at Circle Markets and $250 at profiforex corp.
| Feature | Circle Markets | profiforex corp |
|---|---|---|
| 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-F297 |
| Founded | 2007 | 2018 |
| Country | New Zealand | Cyprus |
| Clients | 10,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and profiforex corp, 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 profiforex corp). Circle Markets charges withdrawal fees while profiforex corp does not, a notable advantage for frequent withdrawers. Circle Markets charges deposit fees; profiforex corp does not. Overall, Circle Markets scores higher on fees in our assessment.
| Feature | Circle Markets | profiforex corp |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Circle Markets offers MT4, MT5, cTrader, while profiforex corp 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 | profiforex corp |
|---|---|---|
| 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 | 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 profiforex corp compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Circle Markets | profiforex corp |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 profiforex corp supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). profiforex corp uniquely supports PayPal and Skrill and Neteller among the two brokers. profiforex corp scores higher on deposit and withdrawal flexibility.
| Feature | Circle Markets | profiforex corp |
|---|---|---|
| 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 profiforex corp offer live chat support. Both provide phone support. Email support is available at both brokers. Circle Markets supports 2 languages and profiforex corp supports 8, giving profiforex corp broader global reach. Both brokers are comparable on support quality.
| Feature | Circle Markets | profiforex corp |
|---|---|---|
| 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 |