City Of Investment
Fortrade
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Overview
City Of Investment was founded in 2009 and is headquartered in United Kingdom, while Fortrade was established in 1992 and is based in UK. City Of Investment holds licences including Financial Markets Authority (FMA), while Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970 among others. City Of Investment serves 10,000+ clients worldwide; Fortrade has 10,000+. The minimum deposit is $3000 at City Of Investment and $1 at Fortrade.
| Feature | City Of Investment | Fortrade |
|---|---|---|
| Min. Deposit | $3000 | $1 |
| Regulation | Financial Markets Authority (FMA) | Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20 |
| Founded | 2009 | 1992 |
| Country | United Kingdom | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Of Investment and Fortrade, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $3000 at City Of Investment). City Of Investment charges withdrawal fees while Fortrade does not, a notable advantage for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; Fortrade does not. City Of Investment charges deposit fees; Fortrade does not. Overall, Fortrade scores higher on fees in our assessment.
| Feature | City Of Investment | Fortrade |
|---|---|---|
| Min. Deposit | $3000 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
City Of Investment offers MT4, MT5, cTrader, while Fortrade 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 | Fortrade |
|---|---|---|
| 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, 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 Fortrade compare. City Of Investment has a video library; Fortrade does not. City Of Investment integrates third-party research tools (Autochartist); Fortrade does not. City Of Investment scores higher overall in education and research.
| Feature | City Of Investment | Fortrade |
|---|---|---|
| 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 Fortrade supports 4 (bank transfer, credit/debit card, PayPal, Neteller). Fortrade uniquely supports PayPal and Neteller among the two brokers. Fortrade scores higher on deposit and withdrawal flexibility.
| Feature | City Of Investment | Fortrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| 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 Fortrade offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment supports 2 languages and Fortrade supports 1, giving City Of Investment broader global reach. Both brokers are comparable on support quality.
| Feature | City Of Investment | Fortrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |