City Of Investment
Forex Financial Services
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Overview
City Of Investment was founded in 2009 and is headquartered in United Kingdom, while Forex Financial Services was established in 2008 and is based in Australia. City Of Investment holds licences including Financial Markets Authority (FMA), while Forex Financial Services is regulated by Australian Securities and investment Commission (ASIC) among others. City Of Investment serves 10,000+ clients worldwide; Forex Financial Services has 10,000+. The minimum deposit is $3000 at City Of Investment and $2500 at Forex Financial Services.
| Feature | City Of Investment | Forex Financial Services |
|---|---|---|
| Min. Deposit | $3000 | $2500 |
| Regulation | Financial Markets Authority (FMA) | Australian Securities and investment Commission (ASIC) |
| Founded | 2009 | 2008 |
| Country | United Kingdom | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Of Investment and Forex Financial Services, directly affecting your bottom line as a trader. Forex Financial Services has a lower barrier to entry with a minimum deposit of $2500 (vs $3000 at City Of Investment). City Of Investment charges withdrawal fees while Forex Financial Services does not, a notable advantage for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; Forex Financial Services does not. City Of Investment charges deposit fees; Forex Financial Services does not. The two brokers are broadly comparable on fee structure.
| Feature | City Of Investment | Forex Financial Services |
|---|---|---|
| Min. Deposit | $3000 | $2500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
City Of Investment offers MT4, MT5, cTrader, while Forex Financial Services supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex Financial Services supports social and copy trading features, which City Of Investment does not offer. The two brokers are closely matched on platform offering.
| Feature | City Of Investment | Forex Financial Services |
|---|---|---|
| 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 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how City Of Investment and Forex Financial Services compare. City Of Investment has a video library; Forex Financial Services does not. City Of Investment integrates third-party research tools (Autochartist); Forex Financial Services does not. City Of Investment scores higher overall in education and research.
| Feature | City Of Investment | Forex Financial Services |
|---|---|---|
| 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 Forex Financial Services supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | City Of Investment | Forex Financial Services |
|---|---|---|
| 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 Forex Financial Services 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 | Forex Financial Services |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |