B

City Of Investment

5.1/10

fx central clearing

7.7/10
5/10RegulationWinner10/10
0/10FeesTied0/10
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 fx central clearing was established in 2015 and is based in Portugal. City Of Investment holds licences including Financial Markets Authority (FMA), while fx central clearing is regulated by Financial Conduct Authority (FCA) among others. City Of Investment serves 10,000+ clients worldwide; fx central clearing has 30,000+. The minimum deposit is $3000 at City Of Investment and $250 at fx central clearing.

fx central clearing wins this category
FeatureCity Of Investmentfx central clearing
Min. Deposit$3000$250
RegulationFinancial 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-F234
Founded20092015
CountryUnited KingdomPortugal
Clients10,000+30,000+

Fees

Fees are a critical factor when choosing between City Of Investment and fx central clearing, directly affecting your bottom line as a trader. fx central clearing has a lower barrier to entry with a minimum deposit of $250 (vs $3000 at City Of Investment). City Of Investment charges withdrawal fees while fx central clearing does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. City Of Investment charges deposit fees; fx central clearing does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureCity Of Investmentfx central clearing
Min. Deposit$3000$250
Withdrawal FeesYesNo
Inactivity FeesYesYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

City Of Investment offers MT4, MT5, cTrader, while fx central clearing supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureCity Of Investmentfx central clearing
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4, 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 fx central clearing compare. fx central clearing runs regular live webinars; City Of Investment does not. Both provide video tutorials. fx central clearing publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. fx central clearing maintains an archive of past webinars for on-demand viewing. fx central clearing scores higher overall in education and research.

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

fx central clearing wins this category
FeatureCity Of Investmentfx central clearing
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 fx central clearing offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment supports 2 languages and fx central clearing supports 8, giving fx central clearing broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCity Of Investmentfx central clearing
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic