City Index
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67% of retail CFD accounts lose money.

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Markets.com
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70% of retail CFD accounts lose money

City Index Vs. Markets.com - Compare and Choose the Right One

Updated Dec 20 2021

Visit

67% of retail CFD accounts lose money.

Visit

70% 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.

Markets.com is an international broker that offers share dealing and CFD trading accounts through their own proprietary platform or MT4 and MT5.

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
  • Passive investors looking for share dealing services with the intent to hold shares over long perios of time
  • High volume CFD traders looking for exposure to several markets using their platform, MT4 or MT5
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The Good
  • 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
  • Clear separation between investors and Traders by offering share dealing accounts and CFD trading accounts
  • Wide range of platforms (Proprietary, MT4, MT5)
  • Wide range of stocks and stock CFDs
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
  • Minimum trade sizes larger than average
  • Spreads above average
Status
Operational Operational
Recent News
N/A N/A
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.

🏛 Financial Regulators
  • FCA (UK)
  • ASIC (Australia)
  • MAS (Singapore)
  • ADGM (United Arab Emirates)
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • FSA (South Africa)
📍 Year Founded
1983 2008
💳 Minimum Deposit
$, €, £ - 100 $, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Maestro
  • Electron
  • PayPal
  • Bank Transfer
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Paypal
  • Skrill
💵 Account Base Currencies
8 - GBP, USD, EUR, AUD, JPY, PLN, HUF, CHF. 11 - USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, CZK, CHF, AUD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, SY, IR. US, JP, CA, BE.
📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets

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

  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies, indices and bonds
📙 Stocks
4,500+ 2,008 CFDs
📘 Currency Pairs
84 67
📗 Commodities
30 28
📕 Indices
25 40
📔 ETFs
740 66
💸 Cryptocurrencies
5 25
📒 Bonds
11 4
📓 Options
Yes, option chains over 17 different products NA
📗 Futures
N/A NA
📝 Notes:

City index offers both CFDs and spread betting.<

Markets.com also offers share dealing account with real stocks from 16 exchanges worldwide.

Trading Experience
📈 Minimum Stock Trade Size
Varies per share starting from fractional share trading (eg: 0.1 shares) 1 Stock
📉 Minimum ETFs Trade Size
Varies per ETFs starting from fractional ETFs trading (eg: 0.1 ETFs) 1 ETF
📈 Minimum Crypto Trade Size
Varies per cryptocurrency - (eg: 0.01 BTC, 1 LTC) Varies by Crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000
📈 Minimum Commodities Trade Size
Varies per commodity Varies by Commoditty (Eg: 1 Gold Contract)
📉 Minimum Bonds Trade Size
Varies per bond Varies by Bond (Eg: 10 GER10Y Bond contracts)
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
Varies per option N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:300
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No - You can't log in through TradingView but their internal platform uses TradingView Charts
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

Yes, 12£ monthly after 1 year of inactivity

Yes, $10 each month after 3 months of inactivity
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 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€.
No comissions on CFDs. For share dealing, the first 3 months are commission free, then the structure is:
  • EU Shares = 0.1% (min €10)
  • UK Shares = 0.1% (min £8)
  • US Shares = 2c (min $15)
  • AU Shares = 0.1% (min A$10)
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 60 Pips Dynamic - From 100 Pips
📈 GOLD
From 50 Pips Dynamic - From 50 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $1.81
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - From $0.31
📉 BTC
Dynamic - From $120 Dynamic - From $104.10
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No, but Investment Strategy Builder is offered
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
Yes No

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