Circle Markets
Zerodha
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Overview
Circle Markets was founded in 2007 and is headquartered in New Zealand, while Zerodha was established in 2010 and is based in India. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while Zerodha is regulated by Securities and Exchange Board of India (SEBI) among others. Circle Markets serves 10,000+ clients worldwide; Zerodha has 1,500,000+. The minimum deposit is $100 at Circle Markets and $0 at Zerodha.
| Feature | Circle Markets | Zerodha |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Industry Regulatory Authority (FINRA) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2007 | 2010 |
| Country | New Zealand | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Circle Markets and Zerodha, directly affecting your bottom line as a trader. Zerodha has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Circle Markets). Circle Markets charges withdrawal fees while Zerodha does not, a notable advantage for frequent withdrawers. Circle Markets charges deposit fees; Zerodha does not. Overall, Zerodha scores higher on fees in our assessment.
| Feature | Circle Markets | Zerodha |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Circle Markets offers MT4, MT5, cTrader, while Zerodha 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 | Zerodha |
|---|---|---|
| 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 | 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 Zerodha 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 | Zerodha |
|---|---|---|
| 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 Zerodha supports 1 (bank transfer). Circle Markets uniquely supports credit/debit card among the two brokers. Circle Markets scores higher on deposit and withdrawal flexibility.
| Feature | Circle Markets | Zerodha |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| 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 Zerodha offer live chat support. Both provide phone support. Email support is available at both brokers. Circle Markets supports 2 languages and Zerodha supports 13, giving Zerodha broader global reach. Both brokers are comparable on support quality.
| Feature | Circle Markets | Zerodha |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |