B

AxiTrader

7.4/10

City Of Investment

5.1/10
10/10WinnerRegulation5/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner4/10
6/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

AxiTrader was founded in 2007 and is headquartered in Australia, while City Of Investment was established in 2009 and is based in United Kingdom. AxiTrader holds licences including Financial Conduct Authority (FCA), while City Of Investment is regulated by Financial Markets Authority (FMA) among others. AxiTrader serves 10,000+ clients worldwide; City Of Investment has 10,000+. The minimum deposit is $0 at AxiTrader and $3000 at City Of Investment.

AxiTrader wins this category
FeatureAxiTraderCity Of Investment
Min. Deposit$0$3000
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)Financial Markets Authority (FMA)
Founded20072009
CountryAustraliaUnited Kingdom
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between AxiTrader and City Of Investment, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $3000 at City Of Investment). Both brokers charge withdrawal fees. City Of Investment applies inactivity fees on dormant accounts; AxiTrader does not. AxiTrader charges deposit fees; City Of Investment does not. Overall, AxiTrader scores higher on fees in our assessment.

AxiTrader wins this category
FeatureAxiTraderCity Of Investment
Min. Deposit$0$3000
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

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

Tied
FeatureAxiTraderCity Of Investment
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, ZuluTrade, Web Trader, Tablet & 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 AxiTrader and City Of Investment compare. City Of Investment has a video library; AxiTrader does not. City Of Investment integrates third-party research tools (Autochartist); AxiTrader does not. City Of Investment scores higher overall in education and research.

City Of Investment wins this category
FeatureAxiTraderCity Of Investment
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AxiTrader accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while City Of Investment supports 2 (bank transfer, credit/debit card). AxiTrader uniquely supports Neteller among the two brokers. AxiTrader scores higher on deposit and withdrawal flexibility.

AxiTrader wins this category
FeatureAxiTraderCity Of Investment
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AxiTrader and City Of Investment offer live chat support. Both provide phone support. Email support is available at both brokers. AxiTrader supports 8 languages and City Of Investment supports 2, giving AxiTrader broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAxiTraderCity Of Investment
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Chinese, Spanish, German, Japanese, Russian, Romanian, and ArabicEnglish, and Chinese