City Index
City Of Investment
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Overview
City Index was founded in 1983 and is headquartered in UK, while City Of Investment was established in 2009 and is based in United Kingdom. City Index holds licences including Financial Conduct Authority (FCA), while City Of Investment is regulated by Financial Markets Authority (FMA) among others. City Index serves 14,000+ clients worldwide; City Of Investment has 10,000+. The minimum deposit is $25 at City Index and $3000 at City Of Investment.
| Feature | City Index | City Of Investment |
|---|---|---|
| Min. Deposit | $25 | $3000 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) | Financial Markets Authority (FMA) |
| Founded | 1983 | 2009 |
| Country | UK | United Kingdom |
| Clients | 14,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Index and City Of Investment, directly affecting your bottom line as a trader. City Index has a lower barrier to entry with a minimum deposit of $25 (vs $3000 at City Of Investment). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. City Index charges deposit fees; City Of Investment does not. Overall, City Index scores higher on fees in our assessment.
| Feature | City Index | City Of Investment |
|---|---|---|
| Min. Deposit | $25 | $3000 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
City Index offers MT4, MT5, cTrader, while City Of Investment supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. City Index supports social and copy trading features, which City Of Investment does not offer. The two brokers are closely matched on platform offering.
| Feature | City Index | City Of Investment |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how City Index and City Of Investment compare. City Of Investment has a video library; City Index does not. City Of Investment integrates third-party research tools (Autochartist); City Index does not. City Of Investment scores higher overall in education and research.
| Feature | City Index | City Of Investment |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. City Index accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while City Of Investment supports 2 (bank transfer, credit/debit card). City Index uniquely supports PayPal among the two brokers. City Index scores higher on deposit and withdrawal flexibility.
| Feature | City Index | City Of Investment |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 Index and City Of Investment offer live chat support. Both provide phone support. Email support is available at both brokers. City Index supports 6 languages and City Of Investment supports 2, giving City Index broader global reach. Both brokers are comparable on support quality.
| Feature | City Index | City Of Investment |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, German, Arabic, Polish, and Chinese | English, and Chinese |