B

Charter Prime

7.3/10

City Of Investment

5.1/10
7/10WinnerRegulation5/10
6/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Charter Prime was founded in 2012 and is headquartered in Australia, while City Of Investment was established in 2009 and is based in United Kingdom. Charter Prime holds licences including Financial Conduct Authority (FCA), while City Of Investment is regulated by Financial Markets Authority (FMA) among others. Charter Prime serves 10,000+ clients worldwide; City Of Investment has 10,000+. The minimum deposit is $200 at Charter Prime and $3000 at City Of Investment.

Charter Prime wins this category
FeatureCharter PrimeCity Of Investment
Min. Deposit$200$3000
RegulationFinancial Conduct Authority (FCA)Financial Markets Authority (FMA)
Founded20122009
CountryAustraliaUnited Kingdom
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Charter Prime and City Of Investment, directly affecting your bottom line as a trader. Charter Prime has a lower barrier to entry with a minimum deposit of $200 (vs $3000 at City Of Investment). City Of Investment charges withdrawal fees while Charter Prime does not, giving Charter Prime an edge for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; Charter Prime does not. Charter Prime charges deposit fees; City Of Investment does not. Overall, Charter Prime scores higher on fees in our assessment.

Charter Prime wins this category
FeatureCharter PrimeCity Of Investment
Min. Deposit$200$3000
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

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

Tied
FeatureCharter PrimeCity Of Investment
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4Android Apps,iPhone/iPad,Desktop

Education & Research

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

Charter Prime wins this category
FeatureCharter PrimeCity 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. Charter Prime 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
FeatureCharter PrimeCity 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 Charter Prime 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
FeatureCharter PrimeCity Of Investment
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese