B

City Of Investment

5.1/10

FXCM

7.9/10
5/10RegulationWinner7/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

City Of Investment was founded in 2009 and is headquartered in United Kingdom, while FXCM was established in 1999 and is based in United States. City Of Investment holds licences including Financial Markets Authority (FMA), while FXCM is regulated by Financial Conduct Authority (FCA) among others. City Of Investment serves 10,000+ clients worldwide; FXCM has 10,000+. The minimum deposit is $3000 at City Of Investment and $1 at FXCM.

FXCM wins this category
FeatureCity Of InvestmentFXCM
Min. Deposit$3000$1
RegulationFinancial Markets Authority (FMA)Financial Conduct Authority (FCA)
Founded20091999
CountryUnited KingdomUnited States
Clients10,000+10,000+

Fees

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

FXCM wins this category
FeatureCity Of InvestmentFXCM
Min. Deposit$3000$1
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

FXCM wins this category
FeatureCity Of InvestmentFXCM
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

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 FXCM supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCity Of InvestmentFXCM
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 FXCM offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureCity Of InvestmentFXCM
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese