B

City Of Investment

5.1/10
CMC Markets logo

CMC Markets

7.5/10
5/10RegulationWinner7/10
0/10FeesWinner4/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

City Of Investment was founded in 2009 and is headquartered in United Kingdom, while CMC Markets was established in 1989 and is based in UK. City Of Investment holds licences including Financial Markets Authority (FMA), while CMC Markets is regulated by Financial Conduct Authority (FCA) among others. City Of Investment serves 10,000+ clients worldwide; CMC Markets has 10,000+. The minimum deposit is $3000 at City Of Investment and $200 at CMC Markets.

CMC Markets wins this category
FeatureCity Of InvestmentCMC Markets
Min. Deposit$3000$200
RegulationFinancial Markets Authority (FMA)Financial Conduct Authority (FCA)
Founded20091989
CountryUnited KingdomUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between City Of Investment and CMC Markets, directly affecting your bottom line as a trader. CMC Markets has a lower barrier to entry with a minimum deposit of $200 (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 Of Investment charges deposit fees; CMC Markets does not. Overall, CMC Markets scores higher on fees in our assessment.

CMC Markets wins this category
FeatureCity Of InvestmentCMC Markets
Min. Deposit$3000$200
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

City Of Investment offers MT4, MT5, cTrader, while CMC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureCity Of InvestmentCMC Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopWeb Trader, Binary, Tablet & Mobile apps

Education & Research

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

CMC Markets wins this category
FeatureCity Of InvestmentCMC Markets
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. City Of Investment accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while CMC Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCity Of InvestmentCMC Markets
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 City Of Investment and CMC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment supports 2 languages and CMC Markets supports 8, giving CMC Markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCity Of InvestmentCMC Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, German, French, Polish, Spanish, Swedish, Italian, and Norwegian