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


Visit 74-89% of retail CFD accounts lose money.	Visit 69% of retail CFD accounts lose money.
Overview
Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.	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.
Best For
Traditional equity investors looking for a broad range of markets Experienced traders looking to benefit from their amazing research tools	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
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 4 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 4 Other Licenses 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FCA (UK) ADGM (United Arab Emirates) FINMA (Switzerland) MFSA (Malta) HKMA (Hong Kong)	FCA (UK) ASIC (Australia) MAS (Singapore) ADGM (United Arab Emirates)
The Good
Outstanding asset offering with more than 60 exchanges across the world Amazing research and analysis tools for all trader levels Thematic investments with preconfigured product baskets Offers banking services along with debit card	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
The Bad
Their proprietary platform lacks many features and is not user friendly Their commissions are extremely high Overall everything feels complicated to use	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
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
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
1996	1983
💳 Minimum Deposit Range
0	$100
💰 Payment Methods
Visa Mastercard Bank Transfer	Visa Mastercard Maestro Electron PayPal Bank Transfer
💵 Account Base Currencies
21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR.	8 - GBP, USD, EUR, AUD, JPY, PLN, HUF, CHF.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, JP, SY, IR.	US, CA, SY, IR.
📊 STP Account
Yes	No
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Banking License
Yes	No
Debit Card
Yes	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
175,533	5,412
Exchange Access
60	0
📙 Real Stocks
100,000	0
📙 Stock CFDs
0	4,500
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
80	84
📗 Commodities
0	0
📗 Commodities CFDs
12	30
📕 Indices
0	0
📕 Indices CFDs
26	25
📔 ETFs
1,400	0
📔 ETFs CFDs
0	740
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
12	5
📒 Bonds
54,000	0
📒 Bonds CFDs
3	11
📓 Options
10,000	0
📓 Options CFDs
0	17
📗 Futures
10,000	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
From $50	Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
From $50	Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	Variable (eg: 0.01 BTC, 1 LTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
From $50	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
From $50	1 Unit
📈 Minimum Futures Trade Size
From $50	Unavailable
📉 Minimum Options Trade Size
From $50	1 Contract
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	Yes
💻 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	Yes
Fees
💰 Inactivity Fee
None	12£ monthly after 1 year of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
$10 per withdrawal.	None
💰 Commissions
For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.	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€.
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.3 Pips	Dynamic - From 0.8 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 60 Pips
📈 GOLD
Unavailable	From 50 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📉 BTC
Unavailable	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
Yes	Yes
📡 Educational Content
Yes	No
📡 Live Chat Support
No	Yes
📡 Video Tutorials
Yes	No
📡 Account Management
No	No
📡 Webinars
No	No