Circle Markets-Overview of Minimum Deposit, Spreads & Leverage

Note: Circle Markets's official website - https://circlemarkets.com/ is currently inaccessible normally.

Founded in 2016, Circle Markets is a forex and CFD broker registered in New Zealand, offering 35 currency pairs, 11 commodities, 12 stock indices or in bonds on the MetaTrader 4 trading platform. The minimum deposit provided is as low as $50.

However, Circle Markets' licenses from both the Financial Service Providers Register (FSPR) in New Zealand and the Vanuatu Financial Services Commission (VFSC) have been revoked.

Pros and Cons

Is Circle Markets Legit?

No, Circle Markets' licenses from both the Financial Service Providers Register (FSPR) in New Zealand and the Vanuatu Financial Services Commission (VFSC) have been revoked. Please be aware of the risk!

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Financial Service Providers Register (FSPR)	Revoked	CIRCLE MARKETS LIMITED	Financial Service Corporate	460986
	Vanuatu Financial Services Commission (VFSC)	Revoked	CIRCLES MARKETS VU LIMITED	Retail Forex License	Unreleased

What Can I Trade on Circle Markets?

Circle Markets offers 35 currency pairs, 11 commodities, and 12 stock indices or in bonds.

Account Type

Circle Markets offers three account levels that traders can upgrade to, including Standard, Pro Trade and Institutional. All account types offer micro-tradeable lots.

Moreover, Circle Markets provides PAMM accounts via Its Percentage allocation management module.

Leverage

Circle Markets provides maximum leverage up to 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread and Commisssion

Circle Markets claims that it offers variable spreads for all three account types. Only the Standard one is commission-free, however, CFD trading on this account is not available.

Trading Platform

Deposit and Withdrawal

Circle Markets accepts various payment methods, including major bank wire, credit card, China Union Pay, MegaTransfer E-Wallet.

Accepted currencies: USD, EUR, GBP, NZD.

The minimum initial deposit required by Circle Markets is $50, which is a comparatively low amount to start trading with.