B

City Of Investment

5.1/10

HYCM

8/10
5/10RegulationWinner9/10
0/10FeesWinner4/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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 HYCM was established in 1977 and is based in UK. City Of Investment holds licences including Financial Markets Authority (FMA), while HYCM is regulated by Financial Conduct Authority (FCA) among others. City Of Investment serves 10,000+ clients worldwide; HYCM has 10,000+. The minimum deposit is $3000 at City Of Investment and $100 at HYCM.

HYCM wins this category
FeatureCity Of InvestmentHYCM
Min. Deposit$3000$100
RegulationFinancial Markets Authority (FMA)Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048
Founded20091977
CountryUnited KingdomUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between City Of Investment and HYCM, directly affecting your bottom line as a trader. HYCM has a lower barrier to entry with a minimum deposit of $100 (vs $3000 at City Of Investment). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. City Of Investment charges deposit fees; HYCM does not. Overall, HYCM scores higher on fees in our assessment.

HYCM wins this category
FeatureCity Of InvestmentHYCM
Min. Deposit$3000$100
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

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

HYCM wins this category
FeatureCity Of InvestmentHYCM
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 HYCM offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment supports 2 languages and HYCM supports 5, giving HYCM broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCity Of InvestmentHYCM
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Chinese, Chinese (Traditional), Arabic, and Russian