City Of Investment
Finmax
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Overview
City Of Investment was founded in 2009 and is headquartered in United Kingdom, while Finmax was established in 2008 and is based in Bulgaria. City Of Investment holds licences including Financial Markets Authority (FMA), while Finmax is regulated by Financial Services Authority (FSA) among others. City Of Investment serves 10,000+ clients worldwide; Finmax has 10,000+. The minimum deposit is $3000 at City Of Investment and $0 at Finmax.
| Feature | City Of Investment | Finmax |
|---|---|---|
| Min. Deposit | $3000 | $0 |
| Regulation | Financial Markets Authority (FMA) | Financial Services Authority (FSA) |
| Founded | 2009 | 2008 |
| Country | United Kingdom | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Of Investment and Finmax, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $3000 at City Of Investment). City Of Investment charges withdrawal fees while Finmax does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. City Of Investment charges deposit fees; Finmax does not. Overall, Finmax scores higher on fees in our assessment.
| Feature | City Of Investment | Finmax |
|---|---|---|
| Min. Deposit | $3000 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
City Of Investment offers MT4, MT5, cTrader, while Finmax supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | City Of Investment | Finmax |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android Apps,iPhone/iPad,Desktop | MT4,MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how City Of Investment and Finmax compare. City Of Investment has a video library; Finmax does not. City Of Investment integrates third-party research tools (Autochartist); Finmax does not. City Of Investment scores higher overall in education and research.
| Feature | City Of Investment | Finmax |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
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 Finmax supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | City Of Investment | Finmax |
|---|---|---|
| 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 Of Investment and Finmax 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 Of Investment | Finmax |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |