City Index Vs. Plus500 - Compare and Choose the Right One


Visit 67% of retail CFD accounts lose money.	Visit 77% 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.	Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options
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	Intermediate traders looking to trade short term Experienced traders looking to speculate using CFDs based on 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 3 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FCA (UK) ASIC (Australia) MAS (Singapore) ADGM (United Arab Emirates)	CySec (Cyprus) FCA (UK) ASIC (Australia) MAS (Singapore)
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	CFDs on american options offered Low minimum trade sizes Propietary platform with multi-charting tools
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	No ability to remove leverage All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
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.
📍 Year Founded
1983	2008
💳 Minimum Deposit
$, €, £ - 100	$, €, £ - 100
💰 Payment Methods
Visa Mastercard Maestro Electron PayPal Bank Transfer	Visa Mastercard Bank Transfer Paypal Skrill
💵 Account Base Currencies
8 - GBP, USD, EUR, AUD, JPY, PLN, HUF, CHF.	16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, CA, CU, SY, IR.
📊 STP Account
No	Yes
📊 DMA Account
No	No
📊 ECN Account
No	No
Assets
📚 Available Assets
CFDs on stocks, ETFs,, currencies, commodities, cryptocurrencies, indices and bonds.	CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies, indices and options.
📙 Stocks
4,500+	2,000+
📘 Currency Pairs
84	70
📗 Commodities
30	25
📕 Indices
25	26
📔 ETFs
740	95
💸 Cryptocurrencies
5	14
📒 Bonds
11	N/A
📓 Options
Yes, option chains over 17 different products	Option CFDs (Calls and Puts) on: Alphabet, Facebook, Apple, Deutsche Bank, Snap, Twitter, Amazon, Microsoft, Netflix, Tesla and NIO along with major indices and EUR/USD.
📗 Futures
N/A	N/A
📝 Notes:
City index offers both CFDs and spread betting.<	All of Plus500's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Varies per share starting from fractional share trading (eg: 0.1 shares)	Varies by Stock (Eg: 0.05 units of Tesla)
📉 Minimum ETFs Trade Size
Varies per ETFs starting from fractional ETFs trading (eg: 0.1 ETFs)	Varies by ETF (Eg: 0.5 units of XLK)
📈 Minimum Crypto Trade Size
Varies per cryptocurrency - (eg: 0.01 BTC, 1 LTC)	Varies by Crypto (Eg: 0.001 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000
📈 Minimum Commodities Trade Size
Varies per commodity	Varies by Commoditty (Eg: 0.2 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	Varies by Option (Eg: 5 contracts of Tesla Calls)
💪 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	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	Yes
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
Yes, 12£ monthly after 1 year of inactivity	Yes, $10 every 3 months
💰 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
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips	Dynamic - From 0.8 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 70 Pips
📈 GOLD
From 50 Pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $5.2
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - From 7 Pips
📉 BTC
Dynamic - From $120	Dynamic - From $136
Research and Analysis
⭐ Watchlists
Yes	No, only allows setting an individual favourites list
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
Yes	No