City Index Vs. AvaTrade - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 69% of retail CFD accounts lose money.	Visit 71% 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.	AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms.
Best For
Intermediate and experienced traders looking for a great asset variety on CFDs Experienced traders looking to trade options over 17 asset classes Share and ETF traders looking for a comprehensive offering	New traders looking for a more advanced forex and options platform Experienced traders looking to take advantage of their fixed spreads Experienced traders looking to trade FX options
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 4 Other Licenses 0 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 6 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FCA (UK) ASIC (Australia) MAS (Singapore) ADGM (United Arab Emirates)	ASIC (Australia) FFAJ (Japan) CBI (Ireland) IIROC (Canada) CySec (Cyprus) FSCA (South Africa) ADGM (United Arab Emirates) ISA (Israel)
The Good
All assets are CFDs, there is no possibility to buy real stocks or ETFs Cryptocurrency offering is below most of its competitors (only 5) While easy to execute a trade, platform is difficult for a novice to navigate	AvaProtect feature for negative trades payback Great variety of platforms (proprietary ones, MT4 & MT5) Smooth platform experiences and easy account management Custom Options trading platform
The Bad
All assets are CFDs, there is no possibility to buy real stocks or ETFs Cryptocurrency offering is below most of its competitors (only 5) While easy to execute a trade, platform is difficult for a novice to navigate	Lack of variety in stocks, ETFs and bonds Expensive inactivity fees No multi-chart tools High trade minimums in all assets except forex
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
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
1983	2006
💳 Minimum Deposit Range
$100	$100
💰 Payment Methods
Visa Mastercard Maestro Electron PayPal Bank Transfer	Visa Mastercard Bank Transfer Paypal
💵 Account Base Currencies
8 - GBP, USD, EUR, AUD, JPY, PLN, HUF, CHF.	4 - USD, GBP, EUR, CHF.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, BE, 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	863
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
4,500	626
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
84	55
📗 Commodities
0	0
📗 Commodities CFDs
30	27
📕 Indices
0	0
📕 Indices CFDs
25	33
📔 ETFs
0	0
📔 ETFs CFDs
740	59
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
5	17
📒 Bonds
0	0
📒 Bonds CFDs
11	2
📓 Options
0	0
📓 Options CFDs
17	44
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed	Variable - From 1 to 100 units
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed	Variable - From 1 to 100 units
📈 Minimum Crypto Trade Size
Variable (eg: 0.01 BTC, 1 LTC)	Variable (eg: BTC 0.01, ETH 0.1)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	Variable (eg: 1 ounce of gold)
📉 Minimum Bonds Trade Size
1 Unit	10 units
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
1 Contract	10,000 FX Option contracts
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ 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	Yes
📺 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.	$50 per quarter after 3 months of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
Spread betting markets have no commission CFDs or FX trading has no commission as well (except equities: shares & ETFs) Equity commissions depend on the market’s location (eg: UK and Europe have a 0.08% of transaction value fee, US equities and Asian ones have different percentages as well) The minimum equity commission rates are $10, £10 or 10€.	None
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips	Dynamic - From 0.9 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 50 Pips
📈 GOLD
From 50 Pips	Dynamic - From 34 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $1.92
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Unavailable
📉 BTC
Dynamic - From $120	Dynamic - From $137.31
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
Yes	No
📡 Educational Content
No	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No