B

City Of Investment

5.1/10
Etrade logo

Etrade

7.1/10
5/10RegulationTied5/10
0/10FeesWinner8/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
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 Etrade was established in 2012 and is based in United States. City Of Investment holds licences including Financial Markets Authority (FMA), while Etrade is regulated by Securities and Exchange Commission (SEC) among others. City Of Investment serves 10,000+ clients worldwide; Etrade has 10,000+. The minimum deposit is $3000 at City Of Investment and $100 at Etrade.

Etrade wins this category
FeatureCity Of InvestmentEtrade
Min. Deposit$3000$100
RegulationFinancial Markets Authority (FMA)Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
Founded20092012
CountryUnited KingdomUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between City Of Investment and Etrade, directly affecting your bottom line as a trader. Etrade 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 Etrade does not, a notable advantage for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; Etrade does not. City Of Investment charges deposit fees; Etrade does not. Overall, Etrade scores higher on fees in our assessment.

Etrade wins this category
FeatureCity Of InvestmentEtrade
Min. Deposit$3000$100
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

City Of Investment offers MT4, MT5, cTrader, while Etrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Etrade supports social and copy trading features, which City Of Investment does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureCity Of InvestmentEtrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopcTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary .

Education & Research

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

Etrade wins this category
FeatureCity Of InvestmentEtrade
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

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 Etrade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCity Of InvestmentEtrade
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 Etrade 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
FeatureCity Of InvestmentEtrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese