Verified: Circle Markets Was Established In 2016 And Is A Foreign Exchange And CFD Broker Registered In New Zealand. The Company Currently Has No Effective Supervision. Please Consider And Pay Attention To The Risks.
According To The Company's Official Website:
They Offer 35 Currency Pairs, 11 Commodities, 12 Stock Indices Or Bonds On The MetaTrader 4 Trading Platform. The Minimum Deposit Is Only $50.
Circle Markets' Financial Service Provider Registration (FSPR) In New Zealand And The Vanuatu Financial Services Commission (VFSC) License Has Been Revoked.
Advantages
Multiple Trading Options
Multiple Account Types
Standard Account Commission Free
Support MT4
Minimum Deposit Amount Low
Disadvantages
Too Little Website Information
Circle Markets Offers Three Account Types That Traders Can Upgrade, Including Standard Accounts, Professional Trading Accounts, And Institutional Accounts. Microtrading Lots Are Available For All Account Types.
Standard Account
50 Dollars
Professional Trading Account
$1,000
Institutional Account
$10,000
Additionally, Circle Markets Offers PAMM Accounts Through Its Percent Allocation Management Module.
Leverage
Circle Markets Offers Maximum Leverage Ratios Up To 1:200. Keep In Mind That The Greater The Leverage, The Greater The Risk Of Losing Your Deposited Capital. The Use Of Leverage Can Either Work In Your Favor Or Against You.
Standard Account
1:100
Professional Trading Account
1:200
Institutional Account
1:100
Spreads And Commissions
Circle Markets Claims To Offer Floating Spreads For All Three Account Types. Only The Standard Account Is Commission-free, But This Account Does Not Support CFD Trading.
Spreads And Commissions
Standard Accounts: From 0.7 Pips
Professional Trading Accounts: From 0.2 Pips, Standard Lot Size 2 Dollars Per Lot
Institutional Accounts: From 0.1 Pips, Standard Lot Size 1.75 Dollars Per Lot
Deposits And Withdrawals
Circle Markets Accepts A Variety Of Payment Methods, Including Major Bank Telegraphic Transfers, Credit Cards, China UnionPay, MegaTransfer E-wallets.
Accepted Currencies: USD, EUR, GBP, NZD.
Circle Markets Requires A Minimum Initial Deposit Of $50, Which Is A Relatively Low Amount To Start Trading.
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