What is CircleMarkets.com?
CircleMarkets.com is a website that allows traders to buy and sell currencies, commodities, and indexes. The website is operated by Circle Markets Group, a company that is registered in the United Kingdom and regulated by the Financial Conduct Authority (FCA). The company has been in operation since 2009.
The website offers two types of accounts: a live account and a demo account. The live account requires a minimum deposit of $250, and the demo account does not require a deposit. Both accounts allow traders to access the trading platform, which provides real-time quotes for currency pairs, commodities, and indexes.
The trading platform also provides charting tools and live news feeds. In addition, traders can use the platform to place orders and manage their positions.
The website provides customer support through live chat, email, and telephone. The customer support team is available 24 hours a day, five days a week.
Overall, CircleMarkets.com is a legitimate website that offers a great deal of features and services for traders. The website is easy to use and navigate, and it provides all of the resources that traders need to be successful.
Is it a legit or scam?
The forex and CFD broker Circle Markets was founded in 2016. The company is based in London, United Kingdom.
Circle Markets offers the MetaTrader 4, MetaTrader 5, and cTrader trading platforms. The broker provides leverage of up to 1:500 and a minimum deposit of $100. Circle Markets does not accept US clients.
The main advantages of Circle Markets are the following:
– ECN/STP broker
– MetaTrader 4, MetaTrader 5, and cTrader available
– Leverage up to 1:500
-Minimum deposit of $100
– Segregated accounts
However, there are some drawbacks:
– No US clients accepted
– Only three methods of communication (email, phone, and live chat)
Does accept USA traders?
CircleMarkets.com is a popular online broker that offers trading in a variety of financial instruments. The company is headquartered in the United Kingdom and is regulated by the Financial Conduct Authority (FCA).
While CircleMarkets.com does accept traders from the United States, there are a few things to be aware of before trading with this broker. First, all trades on the platform are denominated in British Pounds Sterling (GBP). This means that any profits or losses will be converted into GBP at the current exchange rate.
Second, US-based clients will be subject to a higher minimum deposit requirement than clients from other countries. The minimum deposit for US clients is $5,000, while the minimum deposit for clients from other countries is only $250.
Third, US clients will also be charged a higher commission on trades than clients from other countries. The commission rate for US clients is 0.5%, while the commission rate for clients from other countries is only 0.2%.
Fourth, margin requirements for US clients are higher than they are for clients from other countries. For example, the margin requirement for currency pairs that include the USD is 2%, while the margin requirement for currency pairs that do not include the USD is only 1%.
Overall, while CircleMarkets.com does accept traders from the United States, there are some important things to be aware of before trading with this broker. US-based clients will be subject
Pros and Cons of CircleMarkets.com
CircleMarkets.com is a website that offers online trading services. It is a legit website that is registered with the Financial Conduct Authority (FCA) in the United Kingdom. The website is owned and operated by Key Way Investments Limited, a company that is based in Nicosia, Cyprus.
The website offers two types of accounts – the Standard account and the ECN account. The Standard account requires a minimum deposit of $250 while the ECN account requires a minimum deposit of $2000. Both account types offer leverage of up to 1:500 and allow traders to trade in forex, CFDs, and metals.
The main advantage of CircleMarkets.com is that it is a regulated broker. This means that it is subject to strict financial regulations and is required to maintain certain standards. This provides some level of protection for traders who use the website.
Another advantage of the website is that it offers low spreads starting from 0 pips on major currency pairs. This makes it an attractive option for traders who are looking to minimize their trading costs.
However, there are some disadvantages associated with CircleMarkets.com as well. One such disadvantage is that the website does not accept clients from the United States. This means that US-based traders will not be able to open an account with the broker.
Conclusion
Overall, CircleMarkets.com is a decent broker that offers a good selection of assets and features. However, there are a few downsides to using this broker, such as the lack of customer support and the high minimum deposit requirements. If you’re looking for a reliable broker that accepts USA traders, then we would recommend checking out some of the other brokers on our list.