Binary.com
City Of Investment
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Overview
Binary.com was founded in 2014 and is headquartered in United States, while City Of Investment was established in 2009 and is based in United Kingdom. Binary.com holds licences including Unregulated, while City Of Investment is regulated by Financial Markets Authority (FMA) among others. Binary.com serves 10,000+ clients worldwide; City Of Investment has 10,000+. The minimum deposit is $250 at Binary.com and $3000 at City Of Investment.
| Feature | Binary.com | City Of Investment |
|---|---|---|
| Min. Deposit | $250 | $3000 |
| Regulation | Unregulated | Financial Markets Authority (FMA) |
| Founded | 2014 | 2009 |
| Country | United States | United Kingdom |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Binary.com and City Of Investment, directly affecting your bottom line as a trader. Binary.com has a lower barrier to entry with a minimum deposit of $250 (vs $3000 at City Of Investment). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Binary.com charges deposit fees; City Of Investment does not. The two brokers are broadly comparable on fee structure.
| Feature | Binary.com | City Of Investment |
|---|---|---|
| Min. Deposit | $250 | $3000 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Binary.com offers MT4, MT5, cTrader, while City Of Investment supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Binary.com supports social and copy trading features, which City Of Investment does not offer. The two brokers are closely matched on platform offering.
| Feature | Binary.com | City Of Investment |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,iOS,MacBook,iPhone | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Binary.com and City Of Investment compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Binary.com | City Of Investment |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Binary.com 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.
| Feature | Binary.com | City Of Investment |
|---|---|---|
| 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 Binary.com 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.
| Feature | Binary.com | City Of Investment |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |