Circle Markets Guide – Read our In-Depth Circle Markets Review
This Circle Markets review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this Circle Markets review does not apply to US users.
If you're a new entrant in the realm of trading and broker, so many facts will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You'll acquire proficient at all of the concepts of brokerage as you continue trading. For starters, you have to select the right agent who'll be transparent with you always.
In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program will create hefty returns. Circle Markets is just one such stage which will take you along with your investment to great heights. It is important to understand all about Circle Markets until you trust them with your money.
Our full Circle Markets Review covers all you will need to learn about trading with Circle Markets. A fantastic broker can multiply your first investments and provide you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you choose them. It is a common misconception that all agents are exactly the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
Circle Markets is a broker which has paved its way successfully to the broker world. In this review, we have tried to collate some of the vital aspects of Circle Markets. This review can allow you to understand whether Circle Markets is a fantastic fit for your own investments or not. We've tried to breakdown all of the qualities and charges for your convenience.
Circle Markets Review, Table Of Contents
- Who are Circle Markets?
- Benefits Of Trading With Circle Markets
- Everything you should know about trading with Circle Markets
- Is Circle Markets Safe To Trade With?
- Pro's & Con's Of Trading With Circle Markets?
- Compare Brokers Similar To Circle Markets
- Regulation And Licencing In More Detail
- Circle Markets Awards
- Minimum Deposit Required For A Live Account With Circle Markets
- Circle Markets Commission And Fees Explained
- Compare broker fees against Circle Markets
- Circle Markets Withdrawal Fees Explained
- Circle Markets Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Circle Markets?
- Alternatives To Circle Markets
- Frequently Asked Questions About Circle Markets
Who are Circle Markets?
Circle Markets is a foreign exchange broker headquartered in New Zealand and provides a range of instruments for trading. Since its beginning in 2007, Circle Markets has emerged as a top-tier player in the industry of online broker. Circle Markets includes a highly aggressive and full-featured trading site that's focused on forex, indices, metals, shares, commodities.
Over the past 14 years, Circle Markets has grown into one of the leading online brokers.
After launching in 2007, their customer base has become as big as 10,000+ clients.
Circle Markets is a favorite of many traders.. Our Circle Markets review discovered that they are an excellent choice for automated trading solutions. It's most appropriate for investors that are searching for an assortment of assets. Social and automated trading options are the heart at Circle Markets.
Technology plays a significant role at Circle Markets. Circle Markets offers trading on Desktop, Tablet & Mobile apps. Circle Markets is honest, transparent, and a well-regulated agent by the Financial Industry Regulatory Authority (FINRA). Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The trader resource section at Circle Markets is quite enlightening for new dealers as it permits them to get a closer look in the financial markets. Circle Markets caters to all sorts of traders and are a must-have broker for almost any well-diversified method of online trading.
If you feel that Circle Markets is not right for you then at the bottom of this Circle Markets review you wil find a lot of alternatives to Circle Markets.
Everything you should know about trading using Circle Markets
Circle Markets is a dynamic platform that offers various techniques of online trading. These tools cover the monetary markets substantially. The Majority of the broker platforms offer less methods than Circle Markets
If you wish to trade with Circle Markets, you will need a minimum deposit of $100. This deposit is compulsory if you want to start trading with Circle Markets. This 2021 Circle Markets review will guide you easily about trading with them.
Circle Markets is as versatile as another brokerage platform. Circle Markets is great for traders that want a manageable selection of low-cost services. The programs offered by Circle Markets are third party, white-label offerings. All traders can select from Desktop, Tablet & Mobile apps.
Along with everything, Circle Markets has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a trade has to be kept available. The agents offer premium client service that rewards customers with advantages.
Many unethical brokers try to pressurise consumers into larger financing for superior services. Circle Markets, on the other hand, is more concentrated on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the further benefits will become available.
Circle Markets accounts are available all over the world and provides excellent service everywhere they have customers. There are only a select few countries where Circle Markets accounts are not available. Traders in the following countries cannot open or use a Circle Markets account:
Is Circle Markets Safe To Trade With?
Established in 2007, Circle Markets has been in operation for 14 years, they have a head office in New Zealand.
Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA). These bodies have rules that ensure that trading platforms have steps in place to keep investor's resources procured. This means that Circle Markets users don't need to worry about their money since it is segregated and safely kept in banks that are established. SSL encryption secures every user's private information also.
You are able to make use of a choice for 2 Factor Authentications (2FA) with Circle Markets for heightened security. An SMS with the confirmation code will be sent to your mobile phone. You'll be required to enter this code to log into your account.
Another concern with fiscal brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for consumers on those platforms. However, this is more prevalent in the example of Market Maker brokers who compete with users on the platform.
Pro's & Con's Of Trading With Circle Markets
Every online trading platform has some pros and cons Circle Markets review would be complete without having a balanced approach. This Circle Markets review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Circle Markets Pro's
- Circle Markets is trusted by 10,000+ clients
- Circle Markets doesn't charge inactivity fees
- Circle Markets doesn't charge deposit fees
- Circle Markets doesn't charge CFD fees
- Circle Markets offer trading on Desktop, Tablet & Mobile apps
- Circle Markets offer 75 trading instruments
- Circle Markets trades major forex pairs
- Circle Markets offers trading on cryptocurrencies
- Circle Markets can communicate in
Circle Markets Con's
- Circle Markets does not offer Negative Balance Protection
- Circle Markets does not offer Guaranteed Stop Loss
- Circle Markets charge withdrawal fees
- Circle Markets doesn't trade minor forex pairs
- Circle Markets doesn't trade exotic forex pairs
Circle Markets Review - Compare Brokers Similar To Circle Markets
|Circle Markets||Capital Index||EverFX||City Of Investment|
|Headquarters||New Zealand||Cyprus||Cayman Islands||United Kingdom|
|Regulated By||Financial Industry Regulatory Authority (FINRA)||Financial Conduct Authority (FCA), FCA FRN 709693||Cayman Islands Monetary Authority (CIMA)||Financial Markets Authority (FMA)|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk|
Circle Markets Review - Regulation And Licencing In More Detail
Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA).
Circle Markets, as a business, has a powerful collection of rules for ensuring honest trading on its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is never to be shared with some other institutions or individuals. Including credit history and other financial information.
Circle Markets Review - Awards
- At the time of writing this Circle Markets review, they had not received any awards.
Circle Markets Review - Minimum Deposit Required
The minimum deposit you must deposit to get started on Circle Markets is $100. This is a decent amount for people just beginning. It's possible to make more advanced residue as you go along. However, make certain that you understand how to make the most of your cash before investing larger sums.
Circle Markets Review - Commission And Fees Explained
Circle Markets is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. That is, an online broker is not necessarily influenced by the amount of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly three types of fees for this purpose.
The first sort of charges to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In such cases, you're spending a spread, financing speed, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are people who are billed when you hold a leveraged position for more than a day.
Aside from trading fees, online agents also charge non-trading fees. These are determined by the activities you undertake in your account. They're billed for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, Circle Markets doesn't charge high fees in comparison to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who often trade, such as daily or weekly trading.
But, non-trading fees billed by Circle Markets are comparatively competitive. Consequently, you are billed more for non-trading actions in your trading account, like deposits and withdrawal. These are not about the sale and purchase of assets.
This Circle Markets review breaks down every one of the relevant non-trading fees for you in detail.
Compare broker fees against Circle Markets
|Circle Markets||Capital Index||EverFX||City Of Investment|
Circle Markets Review - Withdrawal Fees Explained
Circle Markets charges a withdrawal fee when you create a bank transfer. Each time you transfer money back into your bank accounts, these withdrawal charges become applicable.
Withdrawal of money is possible at any moment from the Circle Markets account. It's possible to withdraw sums up to the amount of your account balance, keeping aside the perimeter used. One thing to keep in mind is that you don't necessarily need to have any cash in your accounts.
Moreover, the withdrawn money will be transferred directly to the accounts you use to create deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn cash is going to be sent into the card. Circle Markets will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you are choosing to withdraw in.
Circle Markets Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of those buzzing questions which run through your mind when open an account with Circle Markets. An inactivity fee is an amount charged to registered dealers that haven't engaged in buying or selling for a while. The period regarded as inactive is determined by the agent.
The inactivity fee differs from one broker to another and isn't generalized. If a traders account does not have a buying or selling transaction, it's maintained by the broker as an inactivity charge. The traders need to pay this commission under conditions and terms they had agreed while enrolling.
Circle Markets doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no charges are implied by Circle Markets, it's better that you close the account if you are inactive. Inactivity fees aren't just charged by broker firms but also many financial services.
For other trading platforms, the inactivity fee is contingent upon the type of account you've chosen. The inactivity fee is exposed to a lot of circumstances and should be revealed clearly by the agent beforehand.
Circle Markets Review - Deposit Fees Explained
When you transfer money in your trading account by your bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this particular operation.
Circle Markets doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the Circle Markets trading platform is simple. You just need to complete a single-user profile questionnaire to start depositing money into your trading account. You will have to give an identity evidence and evidence of residency to deposit substantial sums.
Circle Markets Review - Compare Broker Deposit Methods
|Circle Markets||Capital Index||EverFX||City Of Investment|
What Can You trade With Circle Markets?
Note: Circle Markets offers many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered can be different based on the country of residence of the client.
Circle Markets has a wide variety of over 75 instruments available for you to trade with.
If trading currency pairs is of interest to you then Circle Markets offer over forex pairs.
Compare Circle Markets, Capital Index, EverFX & City Of Investment below.
Alternatives To Circle Markets
If, after reading this Circle Markets review, Circle Markets doesn't quite meet your requirements check out these Circle Markets alternatives.
We've scoured the internet to find the best alternatives to Circle Markets. Click on the links below to find out more.
Frequently Asked Questions about Circle Markets
Can I try Circle Markets before I buy?
Yes, you can most certainly try Circle Markets before you buy. Circle Markets provides demo accounts for the ease of beginner traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up for a demonstration account on Circle Markets, you may set out using a decent amount of virtual currency. It's to establish a sense of safety and confidence in you until you decide to invest your own money.
With this digital Circle Marketsdemo account, you can experiment at all, to whatever period you wish. You might even open positions, test different trading approaches, and much more.
Circle Markets specifies on its official website which you are able to trade real time stocks with your demo account.
Is Circle Markets safe?
You can drop all of your worries since we believe that Circle Markets is totally safe to use. It is in compliance with the rules of Financial Industry Regulatory Authority (FINRA).
Nevertheless, Circle Markets doesn't provide assured stop-loss protection.
Why does Circle Markets ask for my passport?
The reason that Circle Markets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Circle Markets has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Circle Markets must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Circle Markets?
The process to start trading withCircle Markets is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Circle Markets website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Circle Markets is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with Circle Markets.
The best way to kickstart your trading career with Circle Markets is to open a demo account facility before risking any real money
What funding methods do Circle Markets accept?
There are multiple methods to fund your account with Circle Markets. The process is effortless and quick, with different payment methods in your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must bear in mind that PayPal is not available in all place. The monies Circle Markets
Is my money safe with Circle Markets?
Yes, your cash is safe and secure with Circle Markets. As you know, Circle Markets operates with good conformation to. It's established plenty of steps to protect all its own investors.
Circle Markets protects its customers' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further safeguard your accounts, it is possible to empower Two-Step Verification as well. It takes an SMS confirmation that you access your account.
Is Circle Markets trading good?
Yes, trading via Circle Markets is a pleasant and good experience indeed. It's a great and intuitive platform with useful features for your ease. Moreover, you can even obtain access to a vast selection of educational tools and assistive material to kickstart your trading experience.
If you are still skeptical, it is possible to open a eToro demo account and assess the credibility of the platform on your own.
Which Countries does Circle Markets support?
Circle Markets operates across the globe. However, due to regulations there are some countries that Circle Markets do accept clients from
Is Circle Markets legit?
Circle Markets is a legit company headquarted in New Zealand since 2007. They are regulated by Financial Industry Regulatory Authority (FINRA). Circle Markets is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Circle Markets a good broker?
Circle Markets is a great broker, and its own users can vouch for it. The highlight of this platform is its fast order execution on transactions.
You will discover the clean layout of this platform along with the admirable features that a pleasure to work with.
Is Circle Markets a trustworthy broker?
Yes, Circle Markets is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for Circle Markets?
The minimum deposit to open a live account with Circle Markets is $100
How long do Circle Markets withdrawals take?
Normally, withdrawal of money from Circle Markets is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Circle Markets to show in your bank account.
Are Circle Markets regulated?
Circle Markets are regulated by Financial Industry Regulatory Authority (FINRA)
Is Circle Markets a market leading broker?
Circle Markets is indisputably one of the business leaders. It supports over 10,000+ registered customers and over 14 years of expertise on its own record. They are among the world's top trading platforms and a prominent figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and broad range of tools plus resources so you can invest in capital markets.
Is Circle Markets a con?
No, Circle Markets is not a con. They are regulated by Financial Industry Regulatory Authority (FINRA) and must adhere to their rules. Thus, it is safe to say that Circle Markets is not a scam.
Can you make money with Circle Markets?
Through Circle Markets, many traders earn a lot of cash. But typically, through continual trading, you can create between 2% - 10% profit a month.
This can look like a little number, but within the entire year, this adds to a significant amount of gains. Even though Circle Markets provide you all the tools to earn money, they can't guarantee you will profit.
Does Circle Markets have fees?
Yes. To start trading using Circle Markets, you need to deposit $100. Certain commissions while trading also applies. Any processing fees from your bank might need to be incurred by you.
When was Circle Markets founded?
Circle Markets was founded in 2007 in New Zealand. Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA).
How many people use Circle Markets?
Circle Markets is a globally recognised agent with 10,000+ customers.
Where is the Circle Markets head office?
Circle Markets has its head office in New Zealand
Does Circle Markets offer negative balance protection?
No. Circle Markets does not offer negative balance protection. If your balance is negative, Circle Markets indicates you promptly contact customer services. For this, you can fix any imbalances within your own account.
Does Circle Markets offer guaranteed stop loss?Circle Markets regrettably, does not provide guaranteed stop loss. Circle Markets gives a chance to its traders to close their trades in their given price. Apart from that, Circle Markets does not provide guaranteed stop loss.
Does Circle Markets allow scalping?Yes, Circle Markets do allow scalping. Many traders across the world choose Circle Markets due to their services that are trading. They offer trading on Desktop, Tablet & Mobile apps which let this.
Does Circle Markets allow hedging?
Yes, Circle Markets does allow hedging.
Can you trade energies with Circle Markets?
Yes, you can trade energy stocks with Circle Markets
Can you trade agricultural shares with Circle Markets?
Yes, you can trade agricultural stocks with Circle Markets
Can you trade cryptocurrency with Circle Markets?
Yes, you can trade cryptocurrency with Circle Markets
Can you trade metals with Circle Markets?
Yes, you can trade metals with Circle Markets
Can you trade UK Shares with Circle Markets?
No, unfortunately you cannot trade UK shares with Circle Markets
Can you trade US Shares with Circle Markets?
Yes, you can trade US shares with Circle Markets
Can you trade Japanese Shares with Circle Markets?
No, unfortunately you cannot trade Japanese shares with Circle Markets
Can you trade German Shares with Circle Markets?
No, unfortunately you cannot trade German shares with Circle Markets
Does Circle Markets accept bank transfers?
No, Circle Markets does not accept bank transfers.
Does Circle Markets accept credit cards?
No, Circle Markets does not accept credit cards.
Does Circle Markets accept PayPal?
No, Circle Markets does not accept PayPal.
Does Circle Markets accept Skrill?
No, Circle Markets does not accept Skrill.
Does Circle Markets accept Payoneer?
No, Circle Markets does not accept Payoneer.
Does Circle Markets accept Neteller?
No, Circle Markets does not accept Neteller.
Does Circle Markets offer Live Chat customer support?
No, Circle Markets does not offer customer support through live chat.
Does Circle Markets offer phone customer support?
No, Circle Markets does not offer customer support over the telephone.
Does Circle Markets offer email customer support?
No, Circle Markets does not offer customer support through email.
What languages can Circle Markets communicate in?
Circle Markets has the ability to communicate and support customers who speak:
Does Circle Markets have a wikipedia page?
No, Circle Markets does not have an official wikipedia page.
Does Circle Markets offer demo accounts?
Yes, Circle Markets offers demo accounts so you can learn their systems before risking any real money.