Trading 212
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Majority of retail CFD accounts lose money.

Vs.

City Index
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69% of retail CFD accounts lose money.

Trading 212 Vs. City Index - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Dec 22 2022

Visit

Majority of retail CFD accounts lose money.

Visit

69% of retail CFD accounts lose money.

Overview

Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading.

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
  • Passive investors looking to buy stocks or ETFs with their investing account
  • Traders of all levels of experience looking to trade CFDs on shares
  • 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

1

Other Licenses

2

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)
  • CySec (Cyprus)
  • FSC (Bulgaria)
  • FCA (UK)
  • ASIC (Australia)
  • MAS (Singapore)
  • ADGM (United Arab Emirates)
The Good
  • Broad asset offering in their investing account (more than 10,000 assets)
  • Friendly, smooth and simple proprietary platforms (both web and mobile)
  • Great spreads on stocks and no commissions on investing accounts
  • 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
  • Despite both platforms being beautiful, they are gamified for engagement. Clicking on the buy button on mobile platform will trigger a random order without asking for confirmation
  • Asides from stocks, their asset offering lacks variety
  • Very high forex spreads (1.4 Pips on EUR/USD)
  • 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
2004 1983
💳 Minimum Deposit Range
From $1 to $10 $100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • iDeal
  • Apple Pay
  • Visa
  • Mastercard
  • Maestro
  • Electron
  • PayPal
  • Bank Transfer
💵 Account Base Currencies
9 - USD, EUR, GBP, RON, PLN, CHF, SEK, NOK, CZK. 8 - GBP, USD, EUR, AUD, JPY, PLN, HUF, CHF.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA.

US, CA, SY, IR.

📊 STP Account
No No
📊 DMA Account
Yes No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid CFDs
Total Asset Offering
13,615 5,412
Exchange Access
0 0
📙 Real Stocks
10,000 0
📙 Stock CFDs
1,526 4,500
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
179 84
📗 Commodities
0 0
📗 Commodities CFDs
25 30
📕 Indices
0 0
📕 Indices CFDs
35 25
📔 ETFs
1,800 0
📔 ETFs CFDs
50 740
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
0 5
📒 Bonds
0 0
📒 Bonds CFDs
0 11
📓 Options
0 0
📓 Options CFDs
0 17
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
Unavailable Variable (eg: 0.01 BTC, 1 LTC)
📉 Minimum FX Trade Size
$500 (0.005 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounce of Gold) $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable 1 Unit
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable 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
No Yes
📺 MetaTrader 5
No No
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No 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
None None
💰 Commissions
None
  • 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 1.4 Pips Dynamic - From 0.8 Pips
📉 SP500
Dynamic - From 166 Pips Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 30 Pips From 50 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.6 Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable Dynamic - Market Spread
📉 BTC
Unavailable Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No Yes
📡 Educational Content
Yes No
📡 Live Chat Support
No Yes
📡 Video Tutorials
Yes No
📡 Account Management
No No
📡 Webinars
No No