Updated Oct 28 2022
Visit 69% of retail CFD accounts lose money. |
Visit 77.88% of retail CFD accounts lose money. |
Overview | |
City Index is a global broker founded in 1983 that holds 4 financial licenses and offers advanced trading platforms, mobile apps, diverse market research tools and an extensive range of markets. |
Alvexo is a Cypriot broker founded and regulated in 2014 that specialises in CFDs trading via MT4 and their proprietary trading platform. As of August 3rd 2022, Alvexo's CySec license is partially suspended making them unavailable in French territory. |
Best For | |
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Licenses | |
Financial Regulation Regulated Top-tier Licenses 4 Other Licenses 0 Provided by |
Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
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The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
No fresh news at the moment. Check again soon! |
No fresh news at the moment. Check again soon! |
Key Data | |
⌛ Account Opening Time | |
1 day | 1 day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
1983 | 2014 |
💳 Minimum Deposit Range | |
$100 | 500 |
💰 Payment Methods | |
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💵 Account Base Currencies | |
8 - GBP, USD, EUR, AUD, JPY, PLN, HUF, CHF. | 3 - EUR, USD, GBP |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
US, CA, SY, IR. |
US, CA, SY, IR. |
📊 STP Account | |
No | No |
📊 DMA Account | |
No | No |
📊 ECN Account | |
No | No |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
CFDs | CFDs |
Total Asset Offering | |
5,412 | 443 |
Exchange Access | |
0 | 0 |
📙 Real Stocks | |
0 | 0 |
📙 Stock CFDs | |
4,500 | 337 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
84 | 54 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
30 | 13 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
25 | 15 |
📔 ETFs | |
0 | 0 |
📔 ETFs CFDs | |
740 | 0 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
5 | 22 |
📒 Bonds | |
0 | 0 |
📒 Bonds CFDs | |
11 | 2 |
📓 Options | |
0 | 0 |
📓 Options CFDs | |
17 | 0 |
📗 Futures | |
0 | 0 |
📗 Futures CFDs | |
0 | 0 | Trading Experience |
📈 Minimum Stock Trade Size | |
Variable - Fractions Allowed | 1 Share |
📉 Minimum ETFs Trade Size | |
Variable - Fractions Allowed | Unavailable |
📈 Minimum Crypto Trade Size | |
Variable (eg: 0.01 BTC, 1 LTC) | $1,000 (0.01 Lots) |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
$1,000 (0.01 Lots) | $1,000 (0.01 Lots) |
📉 Minimum Bonds Trade Size | |
1 Unit | 1 Bond |
📈 Minimum Futures Trade Size | |
Unavailable | Unavailable |
📉 Minimum Options Trade Size | |
1 Contract | Unavailable |
💪 Retail Leverage | |
30 | 30 |
💪 Professional Leverage | |
500 | 300 |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
No | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
No | No |
📺 cTrader | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | No |
👬 Copy Trading | |
No | No |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
Yes | No | Fees |
💰 Inactivity Fee | |
12£ monthly after 1 year of inactivity. |
$10 monthly after 3 months of inactivity. |
💰 Deposit Fees | |
None | None |
💰 Withdrawal Fees | |
None | None |
💰 Commissions | |
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None | Spreads |
📈 EUR/USD | |
Dynamic - From 0.8 Pips | From 2.9 Pips to 14 Pips |
📉 SP500 | |
Dynamic - From 60 Pips | From 175 Pips to 100 Pips |
📈 GOLD | |
From 50 Pips | From 90 to 50 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | From $1.91 to $1.41 |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Unavailable |
📉 BTC | |
Dynamic - From $120 | From $192.21 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
Yes | No |
📡 Educational Content | |
No | Yes |
📡 Live Chat Support | |
Yes | Yes |
📡 Video Tutorials | |
No | Yes |
📡 Account Management | |
No | Yes |
📡 Webinars | |
No | Yes |