Updated Jul 12 2022
Overview | |
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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. |
MultiBank (MultiBank FX, MultiBank Group) is a global broker founded in 2005 that specialises in CFDs trading via MetaTrader 4 and 5 platforms. |
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 4 Other Licenses 4 Provided by |
🏛 Financial Regulators | |
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 | 2005 |
💳 Minimum Deposit | |
$, €, £ - 100 | From $50 to $5,000 |
💰 Payment Methods | |
💵 Account Base Currencies | |
8 - GBP, USD, EUR, AUD, JPY, PLN, HUF, CHF. | 17 - USD, EUR, AUD, AED, GBP, CHF, CAD, MYR, THB,VND, IDR, BRL, MXN, CLP, PEN, GTQ, NIO. |
🗽 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 | Yes | Assets |
📚 Available Assets | |
📙 Stocks | |
4,500+ | 12,825 |
📘 Currency Pairs | |
84 | 41 |
📗 Commodities | |
30 | 21 |
📕 Indices | |
25 | 27 |
📔 ETFs | |
740 | 1,000 |
💸 Cryptocurrencies | |
5 | 11 |
📒 Bonds | |
11 | N/A |
📓 Options | |
Yes, option chains over 17 different products | N/A |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
City index offers both CFDs and spread betting.< |
All of MultiBank’s assets are CFDs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
Varies per share starting from fractional share trading (eg: 0.1 shares) | 1 Share |
📉 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) | $1,000 (0.01 Lots) |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
Varies per commodity | $1,000 (0.01 Lots) |
📉 Minimum Bonds Trade Size | |
Varies per bond | N/A |
📈 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 1:500 |
💪 Professional Leverage | |
Up to 1:500 | N/A |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
No | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | No |
📱 Android App | |
Yes | No |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
No | Yes |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
Yes | No |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | Yes |
👫 Social Trading | |
No | Yes |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
Yes, 12£ monthly after 1 year of inactivity |
Yes, after 90 days of inactivity, $60 every month. |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | No |
💰 Commissions | |
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Spreads |
📈 EUR/USD | |
Dynamic - From 0.8 Pips | Dynamic - From 0.1 Pips to 1.2 Pips |
📉 SP500 | |
Dynamic - From 60 Pips | Dynamic - From 2 Pips to 50 Pips |
📈 GOLD | |
From 50 Pips | Dynamic - From 2 Pips to 50 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | N/A |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | N/A |
📉 BTC | |
Dynamic - From $120 | N/A | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | No |
📡 Reuters Feed | |
Yes | No |