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


Visit 67% of retail CFD accounts lose money.	Visit 74-89% 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.	Pepperstone is an Australian broker founded in 2010 with the aim of providing a professional trading experience with low fees and tight spreads. Currently Pepperstone counts with 7 financial licenses and operates in almost every country around the world.
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	Professional traders that day-trade or scalp Algorithmic traders using their own custom built robots Experienced traders
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 4 Other Licenses 3 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FCA (UK) ASIC (Australia) MAS (Singapore) ADGM (United Arab Emirates)	BaFin (Germany) FCA (UK) ASIC (Australia) DFSA (United Arab Emirates) CySec (Cyprus) SCB (Bahamas) CMA (Kenya)
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	Well regulated on several jurisdictions Low latency, fast execution under 30ms Competitive spreads and low commissions from 0.0 pips on their Razor account
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	Avaliable asset offering is not that comprehensive No ability to purchase real stocks or cryptocurrencies, only CFDs
Status
Operational	Operational
Recent News
N/A
Key Data
⌛ Account Opening Time
1 Day	Up to 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	2010
💳 Minimum Deposit
$, €, £ - 100	$200
💰 Payment Methods
Visa Mastercard Maestro Electron PayPal Bank Transfer	Visa Mastercard Bank Transfer Paypal Neteller Skrill POLi Bpay Unionpay Mpesa
💵 Account Base Currencies
8 - GBP, USD, EUR, AUD, JPY, PLN, HUF, CHF.	9 - USD, GBP, AUD, EUR, CHF, HKD, SGD, JPY and NZD
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, KM, TD, CD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VE, VG, EH, YE, ZW, RU.
📊 STP Account
No	Yes
📊 DMA Account
No	No
📊 ECN Account
No	Yes
Assets
📚 Available Assets
CFDs on stocks, ETFs,, currencies, commodities, cryptocurrencies, indices and bonds.	CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices.
📙 Stocks
4,500+	1,300 +
📘 Currency Pairs
84	60
📗 Commodities
30	31
📕 Indices
25	25
📔 ETFs
740	100
💸 Cryptocurrencies
5	20
📒 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 Pepperstone assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Varies per share starting from fractional share trading (eg: 0.1 shares)	Varies by Stock
📉 Minimum ETFs Trade Size
Varies per ETFs starting from fractional ETFs trading (eg: 0.1 ETFs)	Varies by 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 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per commodity	Varies by Commodity (Eg: 0.1 Troy ounces of Gold)
📉 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 1:400
💪 Professional Leverage
Up to 1:500	Up to 1:500
✍ 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
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	Yes
💻 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	No
💰 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€.	For Standard account : All fees included in the spread For Razor account: From $7 per Lot round turn
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips	Dynamic - From 0 to 0.77 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 0.4 to 1.5 Pips
📈 GOLD
From 50 Pips	Dynamic - Average 13.81 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📉 BTC
Dynamic - From $120	From 30 Pips
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
Yes	No