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Chase Bank logo

Chase Bank

7.6/10

City Of Investment

5.1/10
7/10WinnerRegulation5/10
8/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Chase Bank was founded in 1975 and is headquartered in United States, while City Of Investment was established in 2009 and is based in United Kingdom. Chase Bank holds licences including Australian Securities and Investment Commission (ASIC), while City Of Investment is regulated by Financial Markets Authority (FMA) among others. Chase Bank serves 10,000+ clients worldwide; City Of Investment has 10,000+. The minimum deposit is $100 at Chase Bank and $3000 at City Of Investment.

Chase Bank wins this category
FeatureChase BankCity Of Investment
Min. Deposit$100$3000
RegulationAustralian Securities and Investment Commission (ASIC)Financial Markets Authority (FMA)
Founded19752009
CountryUnited StatesUnited Kingdom
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Chase Bank and City Of Investment, directly affecting your bottom line as a trader. Chase Bank has a lower barrier to entry with a minimum deposit of $100 (vs $3000 at City Of Investment). City Of Investment charges withdrawal fees while Chase Bank does not, giving Chase Bank an edge for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; Chase Bank does not. City Of Investment charges deposit fees; Chase Bank does not. Overall, Chase Bank scores higher on fees in our assessment.

Chase Bank wins this category
FeatureChase BankCity Of Investment
Min. Deposit$100$3000
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Chase Bank 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
FeatureChase BankCity Of Investment
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacAndroid Apps,iPhone/iPad,Desktop

Education & Research

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

Chase Bank wins this category
FeatureChase BankCity 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. Chase Bank 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
FeatureChase BankCity 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 Chase Bank 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
FeatureChase BankCity Of Investment
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese