City Of Investment
freetrade
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
City Of Investment was founded in 2009 and is headquartered in United Kingdom, while freetrade was established in 2016 and is based in United Kingdom. City Of Investment holds licences including Financial Markets Authority (FMA), while freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821) among others. City Of Investment serves 10,000+ clients worldwide; freetrade has 890,000+. The minimum deposit is $3000 at City Of Investment and $0 at freetrade.
| Feature | City Of Investment | freetrade |
|---|---|---|
| Min. Deposit | $3000 | $0 |
| Regulation | Financial Markets Authority (FMA) | Financial Conduct Authority. Registered in England and Wales (no. 09797821) |
| Founded | 2009 | 2016 |
| Country | United Kingdom | United Kingdom |
| Clients | 10,000+ | 890,000+ |
Fees
Fees are a critical factor when choosing between City Of Investment and freetrade, directly affecting your bottom line as a trader. freetrade 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 freetrade does not, a notable advantage for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; freetrade does not. City Of Investment charges deposit fees; freetrade does not. Overall, freetrade scores higher on fees in our assessment.
| Feature | City Of Investment | freetrade |
|---|---|---|
| Min. Deposit | $3000 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
City Of Investment offers MT4, MT5, cTrader, while freetrade supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. freetrade supports social and copy trading features, which City Of Investment does not offer. freetrade edges ahead on platform breadth and functionality in our scoring.
| Feature | City Of Investment | freetrade |
|---|---|---|
| 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 freetrade compare. freetrade runs regular live webinars; City Of Investment does not. Both provide video tutorials. freetrade publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. freetrade maintains an archive of past webinars for on-demand viewing. freetrade scores higher overall in education and research.
| Feature | City Of Investment | freetrade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 freetrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). freetrade uniquely supports PayPal and Skrill and Neteller among the two brokers. freetrade scores higher on deposit and withdrawal flexibility.
| Feature | City Of Investment | freetrade |
|---|---|---|
| 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 freetrade offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment supports 2 languages and freetrade supports 8, giving freetrade broader global reach. Both brokers are comparable on support quality.
| Feature | City Of Investment | freetrade |
|---|---|---|
| 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 |