B

City Of Investment

5.1/10
FP Markets logo

FP Markets

8.5/10
5/10RegulationWinner9/10
0/10FeesWinner6/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

City Of Investment was founded in 2009 and is headquartered in United Kingdom, while FP Markets was established in 2005 and is based in Australia. City Of Investment holds licences including Financial Markets Authority (FMA), while FP Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. City Of Investment serves 10,000+ clients worldwide; FP Markets has 10,000+. The minimum deposit is $3000 at City Of Investment and $100 at FP Markets.

FP Markets wins this category
FeatureCity Of InvestmentFP Markets
Min. Deposit$3000$100
RegulationFinancial Markets Authority (FMA)Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Founded20092005
CountryUnited KingdomAustralia
Clients10,000+10,000+

Fees

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

FP Markets wins this category
FeatureCity Of InvestmentFP Markets
Min. Deposit$3000$100
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

City Of Investment offers MT4, MT5, cTrader, while FP Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FP Markets 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 InvestmentFP Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4, MT5, IRESS, Mac, Web Trader, 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 FP Markets compare. FP Markets runs regular live webinars; City Of Investment does not. Both provide video tutorials. FP Markets publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. FP Markets maintains an archive of past webinars for on-demand viewing. FP Markets scores higher overall in education and research.

FP Markets wins this category
FeatureCity Of InvestmentFP Markets
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 FP Markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). FP Markets uniquely supports PayPal and Skrill and Neteller among the two brokers. FP Markets scores higher on deposit and withdrawal flexibility.

FP Markets wins this category
FeatureCity Of InvestmentFP Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 FP Markets offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureCity Of InvestmentFP Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseNot available