B

Alvexo

7.2/10

City Of Investment

5.1/10
10/10WinnerRegulation5/10
1/10WinnerFees0/10
8/10PlatformsWinner9/10
10/10WinnerEducation & Research4/10
8/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

Alvexo was founded in 2014 and is headquartered in Cyprus, while City Of Investment was established in 2009 and is based in United Kingdom. Alvexo holds licences including Australian Securities and Investment Commission (ASIC), while City Of Investment is regulated by Financial Markets Authority (FMA) among others. Alvexo serves 10,000+ clients worldwide; City Of Investment has 10,000+. The minimum deposit is $500 at Alvexo and $3000 at City Of Investment.

Alvexo wins this category
FeatureAlvexoCity Of Investment
Min. Deposit$500$3000
RegulationAustralian Securities and Investment Commission (ASIC), licenced in Australia and Hong Kong for stockbroking and corporate finance activities, Financial Services Authority of Seychelles with License Number SD030Financial Markets Authority (FMA)
Founded20142009
CountryCyprusUnited Kingdom
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alvexo and City Of Investment, directly affecting your bottom line as a trader. City Of Investment has a lower barrier to entry with a minimum deposit of $3000 (vs $500 at Alvexo). City Of Investment charges withdrawal fees while Alvexo does not, giving Alvexo an edge for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; Alvexo does not. City Of Investment charges deposit fees; Alvexo does not. Overall, Alvexo scores higher on fees in our assessment.

Alvexo wins this category
FeatureAlvexoCity Of Investment
Min. Deposit$500$3000
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Alvexo offers MT4, cTrader, a proprietary platform, while City Of Investment supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. City Of Investment edges ahead on platform breadth and functionality in our scoring.

City Of Investment wins this category
FeatureAlvexoCity Of Investment
MT4YesYes
MT5NoYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, cTrader, Mobile AppsAndroid Apps,iPhone/iPad,Desktop

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alvexo and City Of Investment compare. Alvexo runs regular live webinars; City Of Investment does not. Both provide video tutorials. Alvexo publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. Alvexo maintains an archive of past webinars for on-demand viewing. Alvexo scores higher overall in education and research.

Alvexo wins this category
FeatureAlvexoCity Of Investment
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Alvexo accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill), while City Of Investment supports 2 (bank transfer, credit/debit card). Alvexo uniquely supports PayPal and Skrill among the two brokers. Alvexo scores higher on deposit and withdrawal flexibility.

Alvexo wins this category
FeatureAlvexoCity Of Investment
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Alvexo and City Of Investment 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.

Tied
FeatureAlvexoCity Of Investment
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese