City Index Vs. IG - Compare and Choose the Right One

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.

IG is a global broker established in 1974 that holds 10 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.

• 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

• Professional traders looking to exploit their customisable platform and broad asset offering
• High volume traders that can offset their commission costs by trading in larger volumes

• FCA (UK)
• ASIC (Australia)
• MAS (Singapore)
• ADGM (United Arab Emirates)

• ASIC (Australia)
• FCA (UK)
• NFA (United States)
• ADGM (United Arab Emirates)
• FINMA (Switzerland)
• MAS (Singapore)
• FFAJ (Japan)
• FSCA (South Africa)

• Very intuitive order placement panelEasy to execute a trade through various markets
• Professional web platform with customisable workspaces
• Integrated Reuters news feed directly in the platform

• Broad platform offering with high customisability and integrated news feeds
• Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs

• 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

• There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
• Their standard contracts can be too large some times for low volume traders

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• 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.

0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards.

• Visa
• Mastercard
• Maestro
• Electron
• PayPal
• Bank Transfer

• Visa
• Mastercard
• Bank Transfer
• Paypal

CFDs on stocks, ETFs,, currencies, commodities, cryptocurrencies, indices and bonds.

• Real stocks and ETFs
• CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies indices and bonds.

10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks

Several contracts in commodities and indices with various expiration dates.

City index offers both CFDs and spread betting.<

IG provides both CFD trading and real equity. US traders cannot trade CFDs.

0.01 Contracts (IG Provides a standard contract containing a particular quantity of an asset, for example, ADA’s contract has 100 ADA coins)

1 Contract (IG Provides a standard contract containing a particular quantity of an asset, for example, 1 EUR / USD standard contract has 10,000 units)

Yes, 12£ monthly after 1 year of inactivity

After 24 months of inactivity, IG charges an $18 monthly fee.

• 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€.

Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.