EightCap
City Index

Regulations and Licenses

Feature
EightCap
City Index
ASIC (Australia)
FCA (UK)
MAS (Singapore)
CYSEC (Cyprus)
SCB (Bahamas)

Brokerage

Feature
EightCap
City Index
EUR/USD Avg. Raw Spread
0.06
0.07
GBP/USD Avg. Raw Spread
0.23
0.011
AUD/USD Avg. Raw Spread
0.27
0.8
EUR/USD Standard Spread
1.0
0.70
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.2
1.1
AUD/USD Avg. Standard Spread
1.2
2.2
Commissions (USD Base)
$3.50
$2.50
Minimum Deposit
$100
$0
Swap Free Account
No Inactivity Fees
Funding Methods
7
6+
No Funding Fees

Markets and Instruments

Feature
EightCap
City Index
Currency Pairs
55
84
Cryptocurrency CFDs*
33
5+
Index CFDs
30
40+
Share CFDs
150
4700+
Commodities CFD
10
27
Stockbroking
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
400:1
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
500:1
400:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
-
400:1
Retail Max. Leverage (Singapore)
-
Major Pairs 20:1
Minor Pairs 10:1
Pro. Max. Leverage (Singapore)
-
50:1
Professional Leverage
500:1
500:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
EightCap
City Index
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

EightCap
City Index
Our Rating
96
66
 

Our full comparison covers the 10 most important trading factors. Here are five noticeable differences between Eightcap and City Index:

  • City Index offers more currency pairs (84 vs 46)
  • City Index boasts a wider range of trading instruments and platforms, i.e., their proprietary WebTrader.
  • City Index has a minimum deposit of $0.
  • Eightcap provides more Crypto options (87 vs 25)
  • Eightcap operates as a no dealing desk broker with STP trading execution.
  • Eightcap requires a minimum deposit of $100