City Of Investment
mgk global
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Overview
City Of Investment was founded in 2009 and is headquartered in United Kingdom, while mgk global was established in 2011 and is based in Cayman Islands. City Of Investment holds licences including Financial Markets Authority (FMA), while mgk global is regulated by Financial Conduct Authority (FCA) among others. City Of Investment serves 10,000+ clients worldwide; mgk global has 10,000+. The minimum deposit is $3000 at City Of Investment and $250 at mgk global.
| Feature | City Of Investment | mgk global |
|---|---|---|
| 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-F278 |
| Founded | 2009 | 2011 |
| Country | United Kingdom | Cayman Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Of Investment and mgk global, directly affecting your bottom line as a trader. mgk global has a lower barrier to entry with a minimum deposit of $250 (vs $3000 at City Of Investment). Both brokers charge withdrawal fees. City Of Investment applies inactivity fees on dormant accounts; mgk global does not. City Of Investment charges deposit fees; mgk global does not. The two brokers are broadly comparable on fee structure.
| Feature | City Of Investment | mgk global |
|---|---|---|
| Min. Deposit | $3000 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
City Of Investment offers MT4, MT5, cTrader, while mgk global 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 | mgk global |
|---|---|---|
| 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 mgk global compare. mgk global runs regular live webinars; City Of Investment does not. Both provide video tutorials. mgk global publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. mgk global maintains an archive of past webinars for on-demand viewing. mgk global scores higher overall in education and research.
| Feature | City Of Investment | mgk global |
|---|---|---|
| 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 mgk global supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). mgk global uniquely supports PayPal and Skrill and Neteller among the two brokers. mgk global scores higher on deposit and withdrawal flexibility.
| Feature | City Of Investment | mgk global |
|---|---|---|
| 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 mgk global offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment supports 2 languages and mgk global supports 8, giving mgk global broader global reach. Both brokers are comparable on support quality.
| Feature | City Of Investment | mgk global |
|---|---|---|
| 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 |