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Argonaut Securities logo

Argonaut Securities

8.4/10

City Of Investment

5.1/10
7/10WinnerRegulation5/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Argonaut Securities was founded in 2009 and is headquartered in Australia, while City Of Investment was established in 2009 and is based in United Kingdom. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while City Of Investment is regulated by Financial Markets Authority (FMA) among others. Argonaut Securities serves 10,000+ clients worldwide; City Of Investment has 10,000+. The minimum deposit is $1 at Argonaut Securities and $3000 at City Of Investment.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesCity Of Investment
Min. Deposit$1$3000
RegulationAustralian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)Financial Markets Authority (FMA)
Founded20092009
CountryAustraliaUnited Kingdom
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Argonaut Securities and City Of Investment, directly affecting your bottom line as a trader. Argonaut Securities has a lower barrier to entry with a minimum deposit of $1 (vs $3000 at City Of Investment). City Of Investment charges withdrawal fees while Argonaut Securities does not, giving Argonaut Securities an edge for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; Argonaut Securities does not. Argonaut Securities charges deposit fees; City Of Investment does not. Overall, Argonaut Securities scores higher on fees in our assessment.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesCity Of Investment
Min. Deposit$1$3000
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesNoYes

Platforms

Argonaut Securities offers MT4, MT5, cTrader, while City Of Investment supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Argonaut Securities supports social and copy trading features, which City Of Investment does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureArgonaut SecuritiesCity Of Investment
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacAndroid Apps,iPhone/iPad,Desktop

Education & Research

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

Argonaut Securities wins this category
FeatureArgonaut SecuritiesCity 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. Argonaut Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while City Of Investment supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureArgonaut SecuritiesCity Of Investment
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Argonaut Securities 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
FeatureArgonaut SecuritiesCity Of Investment
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese