Circle Markets
Swissquote
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Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while Swissquote was established in 1999 and is based in Switzerland. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while Swissquote is regulated by Financial Conduct Authority (FCA) among others. Circle Markets serves 10,000+ clients worldwide; Swissquote has 300,000+. The minimum deposit is $100 at Circle Markets and $0 at Swissquote.
| Feature | Circle Markets | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Industry Regulatory Authority (FINRA) | Financial Conduct Authority (FCA) |
| Founded | 2007 | 1999 |
| Country | New Zealand | Switzerland |
| Clients | 10,000+ | 300,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and Swissquote, directly affecting your bottom line as a trader. Swissquote has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Circle Markets). Circle Markets charges withdrawal fees while Swissquote does not, a notable advantage for frequent withdrawers. Circle Markets charges deposit fees; Swissquote does not. Overall, Swissquote scores higher on fees in our assessment.
| Feature | Circle Markets | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Circle Markets offers MT4, MT5, cTrader, while Swissquote supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Swissquote supports social and copy trading features, which Circle Markets does not offer. Circle Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Circle Markets | Swissquote |
|---|---|---|
| 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, ZuluTrade, Web Trader, 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 Swissquote compare. Circle Markets runs regular live webinars; Swissquote does not. Both provide video tutorials. Circle Markets publishes daily market commentary; Swissquote 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 | Swissquote |
|---|---|---|
| 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 Swissquote supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Circle Markets | Swissquote |
|---|---|---|
| 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 Swissquote offer live chat support. Both provide phone support. Email support is available at both brokers. Circle Markets supports 2 languages and Swissquote supports 8, giving Swissquote broader global reach. Both brokers are comparable on support quality.
| Feature | Circle Markets | Swissquote |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, French, Italian, Spanish, Arabic, Russian, and Chinese |