Bitfinex
City Of Investment
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Overview
Bitfinex was founded in 2015 and is headquartered in New Zealand, while City Of Investment was established in 2009 and is based in United Kingdom. Bitfinex holds licences including Financial Services Provider (FSP), while City Of Investment is regulated by Financial Markets Authority (FMA) among others. Bitfinex serves 10,000+ clients worldwide; City Of Investment has 10,000+. The minimum deposit is $100 at Bitfinex and $3000 at City Of Investment.
| Feature | Bitfinex | City Of Investment |
|---|---|---|
| Min. Deposit | $100 | $3000 |
| Regulation | Financial Services Provider (FSP) | Financial Markets Authority (FMA) |
| Founded | 2015 | 2009 |
| Country | New Zealand | United Kingdom |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bitfinex and City Of Investment, directly affecting your bottom line as a trader. Bitfinex has a lower barrier to entry with a minimum deposit of $100 (vs $3000 at City Of Investment). Both brokers charge withdrawal fees. City Of Investment applies inactivity fees on dormant accounts; Bitfinex does not. City Of Investment charges deposit fees; Bitfinex does not. Overall, Bitfinex scores higher on fees in our assessment.
| Feature | Bitfinex | City Of Investment |
|---|---|---|
| Min. Deposit | $100 | $3000 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Bitfinex offers MT5, cTrader, while City Of Investment supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bitfinex supports social and copy trading features, which City Of Investment does not offer. City Of Investment edges ahead on platform breadth and functionality in our scoring.
| Feature | Bitfinex | City Of Investment |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android Apps,iPhone/iPad,Desktop | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bitfinex and City Of Investment compare. Bitfinex runs regular live webinars; City Of Investment does not. Both provide video tutorials. Bitfinex publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. Bitfinex maintains an archive of past webinars for on-demand viewing. Bitfinex scores higher overall in education and research.
| Feature | Bitfinex | City Of Investment |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bitfinex 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 | Bitfinex | 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 Bitfinex 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 | Bitfinex | City Of Investment |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |