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Barclays logo

Barclays

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

Barclays was founded in 2011 and is headquartered in United Kingdom, while City Of Investment was established in 2009 and is based in United Kingdom. Barclays holds licences including Financial Conduct Authority (FCA), while City Of Investment is regulated by Financial Markets Authority (FMA) among others. Barclays serves 10,000+ clients worldwide; City Of Investment has 10,000+. The minimum deposit is $0 at Barclays and $3000 at City Of Investment.

Barclays wins this category
FeatureBarclaysCity Of Investment
Min. Deposit$0$3000
RegulationFinancial Conduct Authority (FCA), Prudential Regulation Authority (PRA)Financial Markets Authority (FMA)
Founded20112009
CountryUnited KingdomUnited Kingdom
Clients10,000+10,000+

Fees

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

Barclays wins this category
FeatureBarclaysCity Of Investment
Min. Deposit$0$3000
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Barclays offers MT4, MT5, cTrader, while City Of Investment supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureBarclaysCity Of Investment
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop, 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 Barclays and City Of Investment compare. Barclays runs regular live webinars; City Of Investment does not. Both provide video tutorials. Barclays publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. Barclays maintains an archive of past webinars for on-demand viewing. Barclays scores higher overall in education and research.

Barclays wins this category
FeatureBarclaysCity 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. Barclays 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
FeatureBarclaysCity 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 Barclays 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
FeatureBarclaysCity Of Investment
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese