Circle Markets vs Roboforex, for 2024
Circle Markets Rating
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Roboforex Rating
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Your capital is at risk |
58.42% of retail investor accounts lose money when trading CFDs with this provider. |
Circle Markets vs Roboforex Guide |
Read our In-Depth Circle Markets vs Roboforex Review - for 2024
Our Circle Markets vs Roboforex review has been revised for 2024 from knowledgeable insiders boasting considerable expertise across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Circle Markets vs Roboforex does not apply to all countries as follows:
Circle Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Roboforex Excluded Countries
United States of America, and Japan.
Compare Circle Markets vs Roboforex
Each online trading platforms will have some advantages and disadvantages, so a complete Circle Markets and Roboforex review would not be complete without having a balanced approach.
Compare Circle Markets and Roboforex to understand how these platforms line up with each other prior to you choose to make an account. Conducting a side-by-side comparison will put things into perspective so that you remain informed about what you should anticipate.
So you are looking for an online trading platform and are choosing between Circle Markets or Roboforex. Who should you choose?
This Circle Markets vs Roboforex comparison contains the most recent information so you can easily compare Roboforex against Circle Markets.
If you're a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You'll acquire proficient at all of the concepts of brokerage as you continue trading. For starters, you have to choose the ideal broker who will be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. Circle Markets and Roboforex are just two such platforms which will take you along with your investment into great heights. It is crucial that you compare Circle Markets vs Roboforex until you trust them with your cash.
Our Circle Markets vs Roboforex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Circle Markets and Roboforex side by side.
Our entire Circle Markets vs Roboforex Review covers everything you need to learn about trading with either Circle Markets or Roboforex. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investing objectives.
There is no sure-fire way to ensure profits; therefore, you should carefully analyze your agent before you choose them. It is a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments in danger.
Circle Markets and Roboforex are both brokers that have forged their way successfully into the broker world. In this review, we've tried to collate a number of the important aspects of both Circle Markets and Roboforex. This review will help you to understand whether either Roboforex or Circle Markets is a good match for your investments or not. We have tried to breakdown all the qualities and fees for your advantage.
Benefits of Circle Markets and Roboforex Compared
Circle Markets has a minimum deposit of $100 while Roboforex offers a $1 minimum deposit.
Why smaller minimum deposits are good and how Circle Markets and Roboforex compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Circle Markets has around 75 financial instruments whilst Roboforex allows you to trade around 75 on their platform.
The more financial instruments you can trade on the Circle Markets and Roboforex platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Circle Markets or Roboforex.
Circle Markets and Roboforex Contact Details
Being able to contact a broker simply is vital. Circle Markets and Roboforex have the following contact details and social medias that you can use.
Broker | Circle Markets | Roboforex |
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Telephone Number | +65 3158 8389 | |
info@roboforex.com | ||
Address | 2118 Guava Street, Belama Phase 1, Belize City, Belize | |
Circle Markets Twitter Account | Roboforex Twitter Account | |
Circle Markets Facebook Page | Roboforex Facebook Page | |
Circle Markets Instagram Account | Roboforex Instagram Account | |
Circle Markets LinkedIn Page | Roboforex LinkedIn Page | |
YouTube | Circle Markets YouTube Channel | Roboforex YouTube Channel |
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Roboforex and Circle Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Circle Markets and Roboforex we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Circle Markets vs Roboforex - Awards
Broker | Circle Markets | Roboforex |
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Awards | At the time of writing this Circle Markets review, and despite Circle Markets’s impressive offering, the company has surprisingly not garnered any awards to date. |
Roboforex have won a lot of industry awards over the years they have been operating as an online broker. We list the most recognised awards for Roboforex here.
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Circle Markets vs Roboforex - Frequently Asked Questions
Circle Markets vs Roboforex - Headquarters And Year Of Founding
Circle Markets was founded in 2007 and has its head office in New Zealand.
Roboforex was founded in 2009 and has its headquaters in Belize.
What is the minimum deposit for Roboforex or Circle Markets
The minimum deposit for Circle Markets is $100.
The minimum deposit for Roboforex is $1.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Circle Markets and Roboforex are a good choice.
Circle Markets vs Roboforex - Regulation And Licencing In More Detail
Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA).
Roboforex is regulated by RoboForex Ltd is a financial brokerage company regulated by the FSC, license No. 000138/437, reg. number 128.572. Address: 2118 Guava Street, Belama Phase 1, Belize City, Belize. .
Both Circle Markets and Roboforex have a strong collection of rules for ensuring fair trading onto their own platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, client information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Circle Markets vs Roboforex Commission And Fees
Circle Markets and Roboforex are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. In other words, an internet broker isn't necessarily influenced by the amount of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are primarily three types of fees for this purpose.
The first sort of fees to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In such instances, you are paying a spread, funding rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people that are billed when you maintain a leveraged position for longer than a day.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They're charged for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither Circle Markets or Roboforex charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by Circle Markets and Roboforex are comparatively higher. As a result, you're charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't about the purchase and sale of resources.
This Circle Markets vs Roboforex review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For Circle Markets And Roboforex
What Languages Do Circle Markets And Roboforex Support?
Being able to communicate easily with your online platform is a key element when comparing trading platforms to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading forex.
Here you will find the languages that both Circle Markets and Roboforex offer communication in.
How Many Clients Do Circle Markets and Roboforex Have?
Both Circle Markets and Roboforex are well known and trusted. It is really important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers Circle Markets and Roboforex are active on their platform
Broker | Circle Markets | Roboforex |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do Circle Markets and Roboforex Accept?
Circle Markets and Roboforex both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Circle Markets and Roboforex
What Can You Trade With Circle Markets and Roboforex?
Circle Markets offers 75 trading instruments and Roboforex offers 12000.
Below you will find a full breakdown of what both Circle Markets and Roboforex offer.
Circle Markets Review
Circle Markets vs Roboforex:
Table Of Contents
- Compare Circle Markets vs Roboforex
- Benefits of Circle Markets and Roboforex Compared
- Roboforex and Circle Markets Mobile App Comparison
- Circle Markets vs Roboforex - Awards
- Circle Markets vs Roboforex - Frequently Asked Questions
- What is the minimum deposit for Roboforex or Circle Markets
- Circle Markets vs Roboforex - Regulation And Licencing In More Detail
- Compare Broker Fees For Circle Markets And Roboforex
- What Languages Do Circle Markets And Roboforex Support?
- How Many Clients Do Circle Markets and Roboforex Have?
- What Payment Methods Do Circle Markets and Roboforex Accept?
- What Can You Trade With Circle Markets and Roboforex?