eToro
City Index
Our Rating
43
66
68% of retail investor accounts lose money when trading CFDs with this provider.
69% of retail CFD accounts lose money

Regulations and Licenses

Feature
eToro
City Index
ASIC (Australia)
FCA (UK)
MAS (Singapore)
CYSEC (Cyprus)
FSA (Seychelles)
Other Regulators

Brokerage

Feature
eToro
City Index
EUR/USD Avg. Raw Spread
-
0.07
GBP/USD Avg. Raw Spread
-
0.011
AUD/USD Avg. Raw Spread
-
0.8
EUR/USD Standard Spread
1.0
0.70
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
2.0
1.1
AUD/USD Avg. Standard Spread
1.0
2.2
Commissions (USD Base)
-
$2.50
Minimum Deposit
$200 (Australia), $50-$100 (EU)
$150
Swap Free Account
No Inactivity Fees
Funding Methods
11+
6+
No Funding Fees

Markets and Instruments

Feature
eToro
City Index
Currency Pairs
49+
84+
Cryptocurrency CFDs*
46+
25+
Index CFDs
13+
21+
Share CFDs
2000+
4500+
Commodities CFD
33+
46+
Stockbroking
2000+
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
400:1
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)
400:1
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
400:1
Retail Max. Leverage (Singapore)
-
Major Pairs 20:1
Minor Pairs 10:1
Pro. Max. Leverage (Singapore)
-
50:1
Professional Leverage
-
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
eToro
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

eToro
City Index
Our Rating
430
660
 

Our full comparison discusses the factors that distinguish the two brokers – eToro and City Index. eToro focuses on social trading with variable spreads and no commission, while City Index is a market maker with STP or DMA features. eToro offers an average spread of 1.30 pips on top forex pairs, while City Index has a lower average of 1.24 pips.

City Index offers MetaTrader 4 and TradingView platforms, unlike eToro, which relies on its proprietary platforms. Both eToro and City Index provide traders with a good selection of webinars, podcasts, and interactive courses. In addition, some payment methods have no minimum deposit requirement for City Index, while eToro has a $50-$200 requirement across regions.