FXCM vs Circle Markets, for 2024
FXCM Rating
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Circle Markets Rating
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Losses can exceed deposits |
Your capital is at risk |
FXCM vs Circle Markets Guide |
Read our In-Depth FXCM vs Circle Markets Review - 2024 Update
Our comprehensive analysis of FXCM and Circle Markets has been refreshed for 2024 from seasoned professionals with significant financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of FXCM vs Circle Markets does not apply to all countries as follows:
FXCM Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Circle Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FXCM vs Circle Markets
Each platforms for online trading feature certain advantages and disadvantages, and a complete FXCM and Circle Markets review would not be regarded as thorough without embracing a fair assessment.
Assess Circle Markets and FXCM to get a better understanding of how they line up to one another before you choose to make an account. Performing a comprehensive comparison can bring aspects into perspective in order that you remain informed about what to expect.
So you are looking for a reputable broker and are choosing between FXCM or Circle Markets. Who is better in 2024?
Our FXCM vs Circle Markets comparison contains the latest information so you can easily compare Circle Markets against FXCM.
If you are a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You will acquire proficient at all of the concepts of brokerage since you keep trading. For starters, you have to choose the right broker who'll be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. FXCM and Circle Markets are two such trading platforms which will take you along with your investment into great heights. It's important to compare FXCM vs Circle Markets before you trust them with your money.
Our FXCM vs Circle Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FXCM and Circle Markets side by side.
Our full FXCM vs Circle Markets Review covers everything you will need to learn about trading using either FXCM or Circle Markets. A good agent can multiply your initial investments and give you positive profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investing objectives.
There is no sure-fire method to guarantee profits; thus, you should carefully assess your broker before you select them. It is a frequent misconception that all agents will be the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.
FXCM and Circle Markets are both brokers that have forged their way successfully into the brokerage world. In this review, we have attempted to collate a number of the vital aspects of both FXCM and Circle Markets. This review will allow you to know whether either Circle Markets or FXCM is a fantastic match for your investments or not. We've tried to breakdown all the features and charges for your advantage.
Benefits of FXCM and Circle Markets Compared
FXCM has a minimum deposit of $1 while Circle Markets has a $100 minimum deposit.
Why smaller minimum deposits are good and how FXCM and Circle Markets 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.
FXCM allows you to trade around 100 financial instruments while Circle Markets has around 100 on their platform.
The more financial instruments you can trade on the FXCM and Circle Markets 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 never want to miss out on a trading opportunity due to the limitations of FXCM or Circle Markets.
FXCM and Circle Markets Contact Details
Being able to contact a broker through many ways is a sign of a professional broker. FXCM and Circle Markets have the following contact details and social medias that you can use.
Broker | FXCM | Circle Markets |
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Telephone Number | ||
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FXCM Twitter Account | Circle Markets Twitter Account | |
FXCM Facebook Page | Circle Markets Facebook Page | |
FXCM Instagram Account | Circle Markets Instagram Account | |
FXCM LinkedIn Page | Circle Markets LinkedIn Page | |
YouTube | FXCM YouTube Channel | Circle Markets YouTube Channel |
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Circle Markets and FXCM Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing FXCM and Circle Markets will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
FXCM vs Circle Markets - Awards
FXCM vs Circle Markets - Frequently Asked Questions
FXCM vs Circle Markets - Headquarters And Year Of Founding
FXCM was founded in 1999 and has its head office in United States.
Circle Markets was founded in 2007 and has its head office in New Zealand.
What is the minimum deposit for Circle Markets or FXCM
The minimum deposit for FXCM is $1.
The minimum deposit for Circle Markets is $100.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FXCM and Circle Markets are a good choice.
FXCM vs Circle Markets - Regulation And Licencing In More Detail
FXCM is regulated by Financial Conduct Authority (FCA).
Circle Markets is regulated by Financial Industry Regulatory Authority (FINRA).
Both FXCM and Circle Markets have a powerful collection of rules for ensuring fair trading on their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare FXCM vs Circle Markets Commission And Fees
FXCM and Circle Markets are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker isn't necessarily affected by the number of customers they have.
However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily 3 types of fees for this purpose.
The first kind of fees to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In these instances, you are spending a spread, financing speed, or a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight prices are those that are billed when you hold a leveraged position for longer than daily.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake on your account. They're charged for surgeries like depositing cash, not trading for long periods, or withdrawals.
Generally, neither FXCM or Circle Markets charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who regularly exchange, for example weekly or daily trading.
However, non-trading fees charged by FXCM and Circle Markets are relatively lower. As a result, you are billed more for non-trading actions in your trading account, like deposits and withdrawal. These aren't about the purchase and sale of resources.
This FXCM vs Circle Markets review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For FXCM And Circle Markets
Broker | FXCM | Circle Markets |
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Minimum Deposit | $1 | $100 |
Withdrawal Fees | No | Yes |
Inactivity Fees | No | No |
Deposit Fees | No | Yes |
CFD Fees | No | No |
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What Languages Do FXCM And Circle Markets Support?
Being able to communicate easily with your trading broker is a key part of comparing trading platforms to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their application as it is a key part of success when trading forex.
Here you can find all the languages that both FXCM and Circle Markets offer communication in.
Broker | FXCM | Circle Markets |
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Languages Supported | English, and Chinese | English, and Chinese |
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How Many Clients Do FXCM and Circle Markets Have?
Both FXCM and Circle Markets are well known and trusted. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many clients FXCM and Circle Markets are active on their platform
Broker | FXCM | Circle Markets |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do FXCM and Circle Markets Accept?
FXCM and Circle Markets 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 FXCM and Circle Markets
Broker | FXCM | Circle Markets |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | No |
Skrill | No | No |
Payoneer | Yes | Yes |
Neteller | No | No |
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What Can You Trade With FXCM and Circle Markets?
FXCM offers 100 trading instruments and Circle Markets offers 75.
Below you will find a full breakdown of what both FXCM and Circle Markets offer.
FXCM Review
FXCM vs Circle Markets:
Table Of Contents
- Compare FXCM vs Circle Markets
- Benefits of FXCM and Circle Markets Compared
- Circle Markets and FXCM Mobile App Comparison
- FXCM vs Circle Markets - Awards
- FXCM vs Circle Markets - Frequently Asked Questions
- What is the minimum deposit for Circle Markets or FXCM
- FXCM vs Circle Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For FXCM And Circle Markets
- What Languages Do FXCM And Circle Markets Support?
- How Many Clients Do FXCM and Circle Markets Have?
- What Payment Methods Do FXCM and Circle Markets Accept?
- What Can You Trade With FXCM and Circle Markets?