Advanced Global Markets
CIM Banque
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while CIM Banque was established in 1995 and is based in Geneva. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while CIM Banque is regulated by Financial Industry Regulatory Authority (FINRA) among others. Advanced Global Markets serves 10,000+ clients worldwide; CIM Banque has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $100 at CIM Banque.
| Feature | Advanced Global Markets | CIM Banque |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC) |
| Founded | 1992 | 1995 |
| Country | Cyprus | Geneva |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and CIM Banque, directly affecting your bottom line as a trader. CIM Banque has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Advanced Global Markets). Advanced Global Markets charges withdrawal fees while CIM Banque does not, a notable advantage for frequent withdrawers. CIM Banque applies inactivity fees on dormant accounts; Advanced Global Markets does not. Advanced Global Markets charges deposit fees; CIM Banque does not. Overall, CIM Banque scores higher on fees in our assessment.
| Feature | Advanced Global Markets | CIM Banque |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while CIM Banque supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. CIM Banque supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Advanced Global Markets | CIM Banque |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | Android ,iPhone,Mac,iPade |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and CIM Banque compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. CIM Banque scores higher overall in education and research.
| Feature | Advanced Global Markets | CIM Banque |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while CIM Banque supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Advanced Global Markets | CIM Banque |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and CIM Banque offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | CIM Banque |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |