CIM Banque
Forex.com
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Overview
CIM Banque was founded in 1995 and is headquartered in Geneva, while Forex.com was established in 2001 and is based in United States. CIM Banque holds licences including Financial Industry Regulatory Authority (FINRA), while Forex.com is regulated by Financial Conduct Authority (FCA) among others. CIM Banque serves 10,000+ clients worldwide; Forex.com has 150,000+. The minimum deposit is $100 at CIM Banque and Typical at Forex.com.
| Feature | CIM Banque | Forex.com |
|---|---|---|
| Min. Deposit | $100 | Typical |
| Regulation | Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC) | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) |
| Founded | 1995 | 2001 |
| Country | Geneva | United States |
| Clients | 10,000+ | 150,000+ |
Fees
Fees are a critical factor when choosing between CIM Banque and Forex.com, directly affecting your bottom line as a trader. CIM Banque has a lower barrier to entry with a minimum deposit of $100 (vs Typical at Forex.com). Forex.com charges withdrawal fees while CIM Banque does not, giving CIM Banque an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Forex.com charges deposit fees; CIM Banque does not. Overall, CIM Banque scores higher on fees in our assessment.
| Feature | CIM Banque | Forex.com |
|---|---|---|
| Min. Deposit | $100 | Typical |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
CIM Banque offers MT4, MT5, cTrader, while Forex.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | CIM Banque | Forex.com |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android ,iPhone,Mac,iPade | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CIM Banque and Forex.com compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. CIM Banque scores higher overall in education and research.
| Feature | CIM Banque | Forex.com |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CIM Banque accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex.com supports 3 (bank transfer, credit/debit card, PayPal). Forex.com uniquely supports PayPal among the two brokers. Forex.com scores higher on deposit and withdrawal flexibility.
| Feature | CIM Banque | Forex.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 CIM Banque and Forex.com offer live chat support. Both provide phone support. Email support is available at both brokers. CIM Banque supports 2 languages and Forex.com supports 3, giving Forex.com broader global reach. Both brokers are comparable on support quality.
| Feature | CIM Banque | Forex.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese, Arabic |