Circle Markets
XGLOBAL Markets
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Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while XGLOBAL Markets was established in 2008 and is based in Cyprus. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Circle Markets serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $100 at Circle Markets and $500 at XGLOBAL Markets.
| Feature | Circle Markets | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Financial Industry Regulatory Authority (FINRA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2007 | 2008 |
| Country | New Zealand | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and XGLOBAL Markets, directly affecting your bottom line as a trader. Circle Markets has a lower barrier to entry with a minimum deposit of $100 (vs $500 at XGLOBAL Markets). Both brokers charge withdrawal fees. Circle Markets charges deposit fees; XGLOBAL Markets does not. Overall, Circle Markets scores higher on fees in our assessment.
| Feature | Circle Markets | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
Circle Markets offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Circle Markets | XGLOBAL Markets |
|---|---|---|
| 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 | Desktop,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Circle Markets and XGLOBAL Markets compare. Circle Markets runs regular live webinars; XGLOBAL Markets does not. Both provide video tutorials. Circle Markets publishes daily market commentary; XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Circle Markets | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |