City Of Investment
IG
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Overview
City Of Investment was founded in 2009 and is headquartered in United Kingdom, while IG was established in 1974 and is based in UK. City Of Investment holds licences including Financial Markets Authority (FMA), while IG is regulated by Financial Conduct Authority (FCA) among others. City Of Investment serves 10,000+ clients worldwide; IG has 178,500+. The minimum deposit is $3000 at City Of Investment and $200 at IG.
| Feature | City Of Investment | IG |
|---|---|---|
| Min. Deposit | $3000 | $200 |
| Regulation | Financial Markets Authority (FMA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 2009 | 1974 |
| Country | United Kingdom | UK |
| Clients | 10,000+ | 178,500+ |
Fees
Fees are a critical factor when choosing between City Of Investment and IG, directly affecting your bottom line as a trader. IG 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 IG does not, a notable advantage for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; IG does not. City Of Investment charges deposit fees; IG does not. Overall, IG scores higher on fees in our assessment.
| Feature | City Of Investment | IG |
|---|---|---|
| Min. Deposit | $3000 | $200 |
| 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 IG supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IG 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 | IG |
|---|---|---|
| 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, Mac, Web Trader, L2 Dealer, 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 IG compare. IG runs regular live webinars; City Of Investment does not. Both provide video tutorials. IG publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. IG maintains an archive of past webinars for on-demand viewing. IG scores higher overall in education and research.
| Feature | City Of Investment | IG |
|---|---|---|
| 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 IG supports 3 (bank transfer, credit/debit card, PayPal). IG uniquely supports PayPal among the two brokers. IG scores higher on deposit and withdrawal flexibility.
| Feature | City Of Investment | IG |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| Neteller | No | No |
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 IG offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment supports 2 languages and IG supports 5, giving IG broader global reach. Both brokers are comparable on support quality.
| Feature | City Of Investment | IG |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, French, German, Spanish, and Portuguese |