B

City Of Investment

5.1/10
Xtrade logo

Xtrade

6.6/10
5/10RegulationWinner8/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
4/10WinnerEducation & Research0/10
4/10WinnerDeposits & Withdrawals0/10
10/10SupportTied10/10

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Overview

City Of Investment was founded in 2009 and is headquartered in United Kingdom, while Xtrade was established in 2003 and is based in Australia. City Of Investment holds licences including Financial Markets Authority (FMA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. City Of Investment serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $3000 at City Of Investment and $1 at Xtrade.

Xtrade wins this category
FeatureCity Of InvestmentXtrade
Min. Deposit$3000$1
RegulationFinancial Markets Authority (FMA)Cyprus Securities and Exchange Commission (CySEC)
Founded20092003
CountryUnited KingdomAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between City Of Investment and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $3000 at City Of Investment). City Of Investment charges withdrawal fees while Xtrade does not, a notable advantage for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; Xtrade does not. City Of Investment charges deposit fees; Xtrade does not. Overall, Xtrade scores higher on fees in our assessment.

Xtrade wins this category
FeatureCity Of InvestmentXtrade
Min. Deposit$3000$1
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

City Of Investment offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureCity Of InvestmentXtrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how City Of Investment and Xtrade compare. City Of Investment has a video library; Xtrade does not. City Of Investment integrates third-party research tools (Autochartist); Xtrade does not. City Of Investment scores higher overall in education and research.

City Of Investment wins this category
FeatureCity Of InvestmentXtrade
Forex EducationYesNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. City Of Investment uniquely supports bank transfer and credit/debit card among the two brokers. City Of Investment scores higher on deposit and withdrawal flexibility.

City Of Investment wins this category
FeatureCity Of InvestmentXtrade
Bank TransferYesNot available
Credit CardYesNot available
PayPalNoNot available
SkrillNoNot available
NetellerNoNot available

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 Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. City Of Investment offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureCity Of InvestmentXtrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseNot available