City Of Investment
Virtual Brokers
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Overview
City Of Investment was founded in 2009 and is headquartered in United Kingdom, while Virtual Brokers was established in 2008 and is based in Canada. City Of Investment holds licences including Financial Markets Authority (FMA), while Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC) among others. City Of Investment serves 10,000+ clients worldwide; Virtual Brokers has 10,000+. The minimum deposit is $3000 at City Of Investment and $1000 at Virtual Brokers.
| Feature | City Of Investment | Virtual Brokers |
|---|---|---|
| Min. Deposit | $3000 | $1000 |
| Regulation | Financial Markets Authority (FMA) | The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF) |
| Founded | 2009 | 2008 |
| Country | United Kingdom | Canada |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between City Of Investment and Virtual Brokers, directly affecting your bottom line as a trader. Virtual Brokers has a lower barrier to entry with a minimum deposit of $1000 (vs $3000 at City Of Investment). Both brokers charge withdrawal fees. City Of Investment applies inactivity fees on dormant accounts; Virtual Brokers does not. City Of Investment charges deposit fees; Virtual Brokers does not. The two brokers are broadly comparable on fee structure.
| Feature | City Of Investment | Virtual Brokers |
|---|---|---|
| Min. Deposit | $3000 | $1000 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
City Of Investment offers MT4, MT5, cTrader, while Virtual Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Virtual Brokers 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 | Virtual Brokers |
|---|---|---|
| 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,Desktop,iPhone/iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how City Of Investment and Virtual Brokers compare. Virtual Brokers runs regular live webinars; City Of Investment does not. Both provide video tutorials. Virtual Brokers publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. Virtual Brokers maintains an archive of past webinars for on-demand viewing. Virtual Brokers scores higher overall in education and research.
| Feature | City Of Investment | Virtual Brokers |
|---|---|---|
| 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 Virtual Brokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | City Of Investment | Virtual Brokers |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| 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 Virtual Brokers 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.
| Feature | City Of Investment | Virtual Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |