B

City Of Investment

5.1/10
Saxo Markets logo

Saxo Markets

6.1/10
5/10RegulationWinner7/10
0/10FeesTied0/10
9/10PlatformsTied9/10
4/10Education & ResearchTied4/10
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 Saxo Markets was established in 2012 and is based in Denmark. City Of Investment holds licences including Financial Markets Authority (FMA), while Saxo Markets is regulated by Financial Conduct Authority (FCA) among others. City Of Investment serves 10,000+ clients worldwide; Saxo Markets has 10,000+. The minimum deposit is $3000 at City Of Investment and $6500 at Saxo Markets.

Saxo Markets wins this category
FeatureCity Of InvestmentSaxo Markets
Min. Deposit$3000$6500
RegulationFinancial Markets Authority (FMA)Financial Conduct Authority (FCA)
Founded20092012
CountryUnited KingdomDenmark
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between City Of Investment and Saxo Markets, directly affecting your bottom line as a trader. City Of Investment has a lower barrier to entry with a minimum deposit of $3000 (vs $6500 at Saxo Markets). 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; Saxo Markets does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureCity Of InvestmentSaxo Markets
Min. Deposit$3000$6500
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

City Of Investment offers MT4, MT5, cTrader, while Saxo Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Saxo Markets 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 InvestmentSaxo Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMac, Web Trader, 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 Saxo Markets compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureCity Of InvestmentSaxo Markets
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
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 Saxo Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCity Of InvestmentSaxo Markets
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 Saxo Markets 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 InvestmentSaxo Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese