Circle Markets
Circle Markets Broker Overview
Here is every key fact about Circle Markets in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | Circle Markets |
|---|---|
| Broker name | Circle Markets |
| Foundation year | 2016 |
| Headquarters | New Zealand |
| Country | New Zealand |
| Telephone | +64 9 889 1223 |
| Email / Skype | info@circlemarkets.com |
| Regulated by | Registration Number: FSP460986 |
| Type of broker | STP/NDD |
| Min. deposit | $300 |
| Max leverage | 200:1 |
| Min. spreads | 0.1 Pips |
| Funding methods | Bank Wire, Visa Card, Master Card, China Union Pay, MegaTransfer E-Wallet |
| Withdrawal methods | Bank Wire, Visa Card, Master Card, China Union Pay, MegaTransfer E-Wallet |
| Base currencies | USD/EUR & More |
| Languages | English |
| Trading platforms | MetaTrader 4 |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get MetaTrader 4, spreads from 0.1 Pips, leverage up to 200:1 and a $300 minimum deposit. New clients can also check the current Yes.
Is Circle Markets Safe? Regulation and Company Details
Circle Markets is a regulated broker. Registration Number: FSP460986. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
Registration Number: FSP460986
Head office
New Zealand (New Zealand)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2016. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 200:1.
Circle Markets Trading Conditions
Spreads and commissions
Circle Markets spreads start from 0.1 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 200:1, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader 4
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This Circle Markets review covers regulation, fees, platforms and bonuses.
Official website: Circle Markets
Circle Markets Account Types
Circle Markets offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $300 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD/EUR & More. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at Circle Markets
Circle Markets supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
Circle Markets Bonus and Promotions
Bonuses are a big reason traders search for Circle Markets. Availability depends on your country and the account type.
- Yes — the current promotion for Circle Markets clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official Circle Markets website before accepting any offer.
Circle Markets Pros and Cons
Pros
- Regulated: Registration Number: FSP460986
- Yes
- Low $300 minimum deposit
- Spreads from 0.1 Pips, STP/NDD execution
- MetaTrader 4
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open a Circle Markets Account
- RegisterFill in your name, email, country and phone number on the Circle Markets sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $300 with your preferred method, claim any eligible bonus, then log in and start trading.
About Circle Markets
Circle Markets Overview
Circle Markets is a forex broker founded in 2016 and based in New Zealand. It operates as an STP/NDD broker, which means client orders are routed to liquidity providers rather than being handled only on the broker's own book. The company offers online trading through MetaTrader 4, with access on the web and on mobile devices, and it publishes its website in English.
The broker sets a minimum deposit of 300, offers leverage up to 200:1 and advertises spreads from 0.1 pips. Account base currencies include USD and EUR, along with other options. Traders can choose from several account types, including mini, VIP, Islamic, swap-free and managed accounts, and there is a free demo account for practice before committing real money.
This review looks at the main features of Circle Markets, including regulation, account types, platforms, costs, funding methods, bonuses and support, and then gives a summary verdict. All figures are based on the information available on the broker's profile. Conditions can change, so you should confirm current details on the official website: Circle Markets.
Regulation and Safety
Circle Markets is registered under Registration Number FSP460986 and is based in New Zealand. Registration is one of the first things to check when you assess any forex broker. A licence or registration shows that the firm is subject to some form of oversight, but it does not remove the risk of trading. Before opening an account, search for the registration number on the relevant official New Zealand register and confirm that the entity named on the website matches the one on the register.
The broker states that it holds segregated client funds. In general terms, segregation means that client money is kept apart from the company's own operating money. This can help protect traders if the firm runs into financial difficulty, although it is not a guarantee. Ask the broker directly how client funds are held if this matters to your decision.
Keep in mind that regulation does not make trading safe. Trading forex and CFDs on leverage carries a high risk of losing money, and you should only trade with funds you can afford to lose.
Account Types
Circle Markets offers a range of accounts aimed at different types of traders. The list includes:
- Free demo account: a practice account for testing the platform and strategies without risking real money.
- Mini accounts: designed for traders who want to start with smaller positions and a lower capital commitment.
- VIP accounts: higher-tier accounts that are usually linked to larger deposits or more advanced service. Check the official website for the exact requirements.
- Islamic accounts: accounts structured to be compatible with Sharia principles, which typically means no swap or overnight interest is charged.
- Swap-free accounts: accounts without overnight financing charges, which can suit traders who hold positions for several days.
- Managed accounts: accounts where trading decisions may be handled by a professional manager on the client's behalf.
Base currencies are listed as USD and EUR, plus other options. Choosing a base currency that matches your deposit currency can make it easier to track your results and avoid unnecessary conversion costs. Read the account descriptions carefully before you choose, as the minimum deposit, features and fees can differ between account types.
Trading Platforms
Circle Markets provides MetaTrader 4, one of the most widely used retail trading platforms. MT4 offers standard charting tools, technical indicators, custom scripts and expert advisors, which are automated trading programs. Many traders already know the platform, which can shorten the learning curve when switching brokers.
Access is available through the web browser and on mobile devices, so you can monitor positions when you are away from your desk. Web trading is useful if you want to avoid installing software, while the mobile option suits short-term traders who need to react quickly to market moves.
The broker also permits hedging and scalping, and it allows news trading. These rules matter for active traders, because some brokers restrict these strategies. Even where they are allowed, they can be costly and risky, particularly around major economic releases when spreads may widen and prices can move sharply.
Spreads, Fees and Leverage
Circle Markets advertises spreads from 0.1 pips. The spread is the difference between the buy and sell price, and it is one of the main trading costs. Actual spreads vary with market conditions, the instrument traded and the account type, so the advertised minimum is not a fixed cost for every trade. Compare typical spreads during your preferred trading hours rather than relying only on the headline figure.
Maximum leverage is 200:1. Leverage allows you to control a larger position with a smaller amount of capital, which increases both potential gains and potential losses. A 200:1 ratio is high by many standards, and it can lead to rapid losses if positions move against you. Some traders choose to use far less leverage than the maximum available. Leverage may also be lower depending on your country of residence and account type, so check the terms that apply to you.
Ask the broker about any other charges, such as commissions, overnight swap fees, inactivity fees or deposit and withdrawal costs. These details are not part of the key facts available here, so confirm them on the official website before funding an account.
Deposits and Withdrawals
The minimum deposit is 300. Circle Markets accepts deposits through Bank Wire, Visa Card, Master Card, China Union Pay and MegaTransfer E-Wallet. Withdrawals can be requested through the same five methods, which is useful because you can usually take money out through the channel you used to fund your account.
Processing times, fees and any limits can differ by method and by country. Bank transfers often take longer than card or e-wallet payments, and some payment providers charge their own fees. Before depositing, check which methods are available in your region, how long withdrawals usually take and whether any verification documents are required.
Bonuses and Promotions
Circle Markets offers a welcome bonus and other promotions. The broker does not offer a no-deposit bonus, so you will need to fund an account to access the current promotions. Bonus amounts, eligibility rules, trading volume requirements and withdrawal conditions are set by the broker and can change over time.
Bonuses can look attractive, but they often come with conditions that affect when and how you can withdraw profits. Read the full bonus terms before you accept any offer, and make sure you understand how the bonus is credited, whether it can be withdrawn and what happens to it if you close your account. Treat a bonus as an extra feature of the account, not as a reason to take on more risk than you would otherwise.
Customer Support
The website is available in English, which is the main language information for this profile. Details on support hours, the contact channels offered and the response times are not included in the key facts for this review. To judge the service yourself, check the contact section of the official website and consider sending a few pre-deposit questions, such as about withdrawal procedures or bonus terms. The quality of answers you receive before opening an account is often a useful guide to what to expect later.
Pros and Cons
Pros
- Registered under number FSP460986, with a stated focus on segregated client funds.
- Operates as an STP/NDD broker and has been established since 2016.
- Offers MetaTrader 4 with web and mobile access.
- Low minimum deposit of 300 and spreads advertised from 0.1 pips.
- Wide range of account types, including Islamic, swap-free, mini, VIP and managed accounts.
- Free demo account for practice.
- Hedging, scalping and news trading are allowed.
- Several deposit and withdrawal methods, with the same options available for both.
- Welcome bonus and other promotions available.
Cons
- No no-deposit bonus is offered.
- Website information is available in English only.
- Leverage of up to 200:1 can amplify losses as well as gains.
- Full details on fees, support channels and bonus conditions are not included in the key facts and must be checked on the official website.
- Trading conditions may vary by country and account type.
Verdict
Circle Markets is a New Zealand-based STP/NDD broker with a registration number, a range of account types, MetaTrader 4 access and a relatively low minimum deposit. The free demo account and support for Islamic and swap-free accounts make it accessible to a broad group of traders, from beginners who want to practise to experienced traders who use automated strategies.
The main points to check before opening an account are the regulatory details, the full cost structure, the bonus terms and the withdrawal process. High leverage and the risk of rapid losses require careful risk management, especially for newer traders. Trading forex and CFDs on leverage carries a high risk of losing money, so only risk capital you can afford to lose. Review the official website and its documents, test the platform on a demo account and, if needed, speak with the broker before you make a decision.
Frequently Asked Questions
Is Circle Markets a good choice for beginners?
It may suit
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose Circle Markets?
Circle Markets offers a $300 entry cost, MT4 platforms and a track record since 2016.
Circle Markets suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
