City Index
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69% of retail CFD accounts lose money.

Vs.

Vantage
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74-89% of retail CFD accounts lose money.

City Index Vs. Vantage - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Oct 28 2022

Visit

69% 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.

Vantage is a global broker operating since 2009. Initially based in Australia, Vantage is offering trading in forex, stocks, indices, commodities and cryptocurrencies.

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
  • Traders looking to hedge their FX positions (low fees)
  • Social traders looking to connect to popular copying services
  • Traders preferring mobile apps
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

4

Other Licenses

0

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Unregulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FCA (UK)
  • ASIC (Australia)
  • MAS (Singapore)
  • ADGM (United Arab Emirates)
  • ASIC (Australia)
  • VFSC - (Vanuatu)
  • CIMA (Cayman Islands)
The Good
  • 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
  • Low deposit requirements
  • Low non-trading fees
  • Good educational material, news feed and market analysis
  • Great mobile platform
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
  • High stock CFD fees
  • Not all instruments are available on every trading platform
  • Doesn’t offer ETFs
Status
Operational Inactive
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
  • 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 2009
💳 Minimum Deposit Range
$100 $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Maestro
  • Electron
  • PayPal
  • Bank Transfer
  • Bank Transfer
  • Debit / Credit Card
  • Cryptocurrency
  • Bitwallet
  • FasaPay
  • Neteller
  • Skrill
  • Union Pay
💵 Account Base Currencies
8 - GBP, USD, EUR, AUD, JPY, PLN, HUF, CHF. 9 - USD, EUR, GBP, AUD, CAD, HKD, NZD, JPY, SGD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR.

AF, AL, AS, AU, BY, BM, BA, BG, BI, CA, CF, CN, HR, CU, ER, GR, GU, IR, IQ, CI, JP, LB, LR, LY, ML, ME, MM, KR, PR, GN, GW, RO, SL, RS, SG, SI, SO, SD, ES, SD, SY, VE, YE.

📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
5,412 289
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
4,500 210
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
84 40
📗 Commodities
0 0
📗 Commodities CFDs
30 20
📕 Indices
0 0
📕 Indices CFDs
25 13
📔 ETFs
0 0
📔 ETFs CFDs
740 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
5 6
📒 Bonds
0 0
📒 Bonds CFDs
11 0
📓 Options
0 0
📓 Options CFDs
17 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed 1 Share
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed Unavailable
📈 Minimum Crypto Trade Size
Variable (eg: 0.01 BTC, 1 LTC) Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) Varies per commodity (eg: 1 ounce for gold)
📉 Minimum Bonds Trade Size
1 Unit Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
1 Contract Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 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

12£ monthly after 1 year of inactivity.

None
💰 Deposit Fees
None

No for all methods, except the bank transfer. First one is free, subsequent in the same month are charged $20 or equivalent depending on the account currency.

💰 Withdrawal Fees
None None
💰 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€.

Yes for ECN accounts -from $6 per lot per round turn.

Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips Dynamic - From 0 to 1.4 Pips
📉 SP500
Dynamic - From 60 Pips Dynamic - From 30 Pips
📈 GOLD
From 50 Pips Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread Unavailable
📉 BTC
Dynamic - From $120 Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
Yes No
📡 Educational Content
No Yes
📡 Live Chat Support
Yes No
📡 Video Tutorials
No No
📡 Account Management
No Yes
📡 Webinars
No No