Circle Markets Review 2024

Circle Markets Review 2024

Updated: October 06, 2023
Updated: October 06, 2023

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

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Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of Circle Markets Trading Company

Circle Markets is one of the leading financial services company providing its services to the traders from all over the world. The broker was established in 2016 as a New Zealand forex broker. The Circle Markets broker head office is located in New Zealand. “CircleMarkets” - is a one point shop for all the investment requirements of a client.

User Satisfaction i

2 comments
Total score:
2 /10
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hassano

At first, Circle Markets allowed me to withdraw some small amount of money two times, and then the money just hung in the air. Support told me they were solving the issue, and it would be solved within 2 weeks. And then it was a total disaster. Trades were no longer closed on TP even when the price went 5-10 pips below Take Profit on EUR/USD sell. And every SL was executed strictly at the indicated price. For the time being, I have no slippage problem, as I trade here no more and will hardly ever come back. Though it would be great to withdraw the remaining money...

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debonaire

Circle Markets seems to be nothing but a Forex trading scams. It's absolutely impossible to contact their office. They're kind of bottled up, I read about them on the web and decided not to sign up.

Contacts

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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FAQs

Why has Circle Markets been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against Circle Markets by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Circle Markets is down, not updated or operates with clear errors and some features are not available;
• Circle Markets has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if Circle Markets got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why Circle Markets got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from Circle Markets?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if Circle Markets is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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