City Credit Capital
Forex Club
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Overview
City Credit Capital was founded in 2001 and is headquartered in UK, while Forex Club was established in 2008 and is based in Russia. City Credit Capital holds licences including Financial Conduct Authority (FCA), while Forex Club is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. City Credit Capital serves 10,000+ clients worldwide; Forex Club has 10,000+. The minimum deposit is $500 at City Credit Capital and $100 at Forex Club.
| Feature | City Credit Capital | Forex Club |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2001 | 2008 |
| Country | UK | Russia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Credit Capital and Forex Club, directly affecting your bottom line as a trader. Forex Club has a lower barrier to entry with a minimum deposit of $100 (vs $500 at City Credit Capital). Neither broker charges withdrawal fees. City Credit Capital applies inactivity fees on dormant accounts; Forex Club does not. Overall, Forex Club scores higher on fees in our assessment.
| Feature | City Credit Capital | Forex Club |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
City Credit Capital offers MT4, MT5, cTrader, while Forex Club 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 | City Credit Capital | Forex Club |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Mac, Web Trader, Tablet & Mobile apps | MT4,WEB,desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how City Credit Capital and Forex Club 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. Forex Club scores higher overall in education and research.
| Feature | City Credit Capital | Forex Club |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. City Credit Capital accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex Club supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | City Credit Capital | Forex Club |
|---|---|---|
| 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 City Credit Capital and Forex Club 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 | City Credit Capital | Forex Club |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |