City Of Investment
forexite
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Overview
City Of Investment was founded in 2009 and is headquartered in United Kingdom, while forexite was established in 2010 and is based in Switzerland. City Of Investment holds licences including Financial Markets Authority (FMA), while forexite is regulated by Financial Conduct Authority (FCA) among others. City Of Investment serves 10,000+ clients worldwide; forexite has 10,000+. The minimum deposit is $3000 at City Of Investment and $250 at forexite.
| Feature | City Of Investment | forexite |
|---|---|---|
| Min. Deposit | $3000 | $250 |
| Regulation | Financial Markets Authority (FMA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229 |
| Founded | 2009 | 2010 |
| Country | United Kingdom | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Of Investment and forexite, directly affecting your bottom line as a trader. forexite has a lower barrier to entry with a minimum deposit of $250 (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; forexite does not. The two brokers are broadly comparable on fee structure.
| Feature | City Of Investment | forexite |
|---|---|---|
| Min. Deposit | $3000 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
City Of Investment offers MT4, MT5, cTrader, while forexite supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. forexite 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 | forexite |
|---|---|---|
| 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, Mac, ZuluTrade, Web Trader, cTrader, 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 forexite compare. forexite runs regular live webinars; City Of Investment does not. Both provide video tutorials. forexite publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. forexite maintains an archive of past webinars for on-demand viewing. forexite scores higher overall in education and research.
| Feature | City Of Investment | forexite |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 forexite supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). forexite uniquely supports PayPal and Skrill and Neteller among the two brokers. forexite scores higher on deposit and withdrawal flexibility.
| Feature | City Of Investment | forexite |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 forexite offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment supports 2 languages and forexite supports 8, giving forexite broader global reach. Both brokers are comparable on support quality.
| Feature | City Of Investment | forexite |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |