City Of Investment
IC Markets
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Overview
City Of Investment was founded in 2009 and is headquartered in United Kingdom, while IC Markets was established in 2007 and is based in Australia. City Of Investment holds licences including Financial Markets Authority (FMA), while IC Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. City Of Investment serves 10,000+ clients worldwide; IC Markets has 60,000+. The minimum deposit is $3000 at City Of Investment and $200 at IC Markets.
| Feature | City Of Investment | IC Markets |
|---|---|---|
| Min. Deposit | $3000 | $200 |
| Regulation | Financial Markets Authority (FMA) | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2009 | 2007 |
| Country | United Kingdom | Australia |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between City Of Investment and IC Markets, directly affecting your bottom line as a trader. IC Markets has a lower barrier to entry with a minimum deposit of $200 (vs $3000 at City Of Investment). City Of Investment charges withdrawal fees while IC Markets does not, a notable advantage for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; IC Markets does not. City Of Investment charges deposit fees; IC Markets does not. Overall, IC Markets scores higher on fees in our assessment.
| Feature | City Of Investment | IC Markets |
|---|---|---|
| Min. Deposit | $3000 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
City Of Investment offers MT4, MT5, cTrader, while IC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IC Markets supports social and copy trading features, which City Of Investment does not offer. The two brokers are closely matched on platform offering.
| Feature | City Of Investment | IC Markets |
|---|---|---|
| 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, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how City Of Investment and IC Markets compare. IC Markets runs regular live webinars; City Of Investment does not. Both provide video tutorials. IC Markets publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. IC Markets maintains an archive of past webinars for on-demand viewing. IC Markets scores higher overall in education and research.
| Feature | City Of Investment | IC Markets |
|---|---|---|
| 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 IC Markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). IC Markets uniquely supports PayPal and Skrill and Neteller among the two brokers. IC Markets scores higher on deposit and withdrawal flexibility.
| Feature | City Of Investment | IC Markets |
|---|---|---|
| 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 IC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment supports 2 languages and IC Markets supports 8, giving IC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | City Of Investment | IC Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more |