City Of Investment
fx open
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Overview
City Of Investment was founded in 2009 and is headquartered in United Kingdom, while fx open was established in 2019 and is based in Puerto Rico. City Of Investment holds licences including Financial Markets Authority (FMA), while fx open is regulated by Financial Conduct Authority (FCA) among others. City Of Investment serves 10,000+ clients worldwide; fx open has 60,000+. The minimum deposit is $3000 at City Of Investment and $250 at fx open.
| Feature | City Of Investment | fx open |
|---|---|---|
| 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-F238 |
| Founded | 2009 | 2019 |
| Country | United Kingdom | Puerto Rico |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between City Of Investment and fx open, directly affecting your bottom line as a trader. fx open 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 open does not, a notable advantage for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; fx open does not. City Of Investment charges deposit fees; fx open does not. Overall, fx open scores higher on fees in our assessment.
| Feature | City Of Investment | fx open |
|---|---|---|
| Min. Deposit | $3000 | $250 |
| 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 fx open 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 | fx open |
|---|---|---|
| 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 fx open compare. fx open runs regular live webinars; City Of Investment does not. Both provide video tutorials. fx open publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. fx open maintains an archive of past webinars for on-demand viewing. fx open scores higher overall in education and research.
| Feature | City Of Investment | fx open |
|---|---|---|
| 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 fx open supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx open uniquely supports PayPal and Skrill and Neteller among the two brokers. fx open scores higher on deposit and withdrawal flexibility.
| Feature | City Of Investment | fx open |
|---|---|---|
| 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 fx open offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment supports 2 languages and fx open supports 8, giving fx open broader global reach. Both brokers are comparable on support quality.
| Feature | City Of Investment | fx open |
|---|---|---|
| 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 |