eToro vs City Index – Compare The Two Brokers


We will compare eToro to City Index on this page. This comparison goes over the pros and cons of both City Index and eToro.

City Index eToro
City Index Logo
City Index is a Forex Trading, Spread Betting and CFD Broker, based in London, UK. Their parent organization is StoneX Group. Their subsidiaries include: Finspreads, Forex.com, Salt, GTX, Daniels Trading, and Faraday Research.
comparison etoro logo
eToro is a social/copy trading platform, offering a wide range of markets, along with 0% commission on stocks. They are regulated in top-tier jurisdictions.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Year founded:
1983 2006
Regulated by:
ASIC, MAS, FCA FinCEN, FCA, MiFID, CySec, ASIC
Headquarters:
London, UK London UK, Limassol Cyprus, Sydney Australia, USA
Is a Bank:
No No
Demo Account:
Yes ✔️ Yes ✔️
Minimum Deposit:
$100 $50 – $10,000
Minimum Trade:
varies $25 – $1,000
Islamic Account:
No Yes ✔️
Social/Copy Trading:
No Yes ✔️
Spread Betting:
No No
Excluded countries:
USA, Brazil, Belgium, Hong Kong, Japan 133

Types of Products And Markets Available

Comparing eToro to City Index on the markets available and types of products, eToro has the edge. eToro offers trading on more markets along with trading real stocks, not just through CFDs.

Visit eToro67% of retail investor accounts lose money when trading CFDs with this provider.

City Index eToro
Markets Available:
Only CFDs, Forex Stocks (real), Commodities (CFD), Indices (CFD), ETF (real and CFD), Currencies (CFD), Cryptoassets (real and CFD)
CFDs
Yes ✔️ Yes ✔️
2386
Forex Pairs
Yes ✔️ Yes ✔️
49
Stocks
Yes (CFD Only) Yes ✔️
2106
Cryptocurrencies
Yes (CFD) Yes ✔️
16
Commodities
Yes (CFD) Yes ✔️
31
ETFs
Yes (CFD) Yes ✔️
184
Options
No No ❌
EFPs
No No
Mutual Funds
No No
Robo Portfolios
No No

Trading Platforms

Comparing eToro to City Index based on the trading platforms offered, we recommend eToro. Their platform is easy to use and will suffice for most traders.

Visit eToro here –  67% of retail investor accounts lose money when trading CFDs with this provider

City Index eToro
Proprietary Platform:
Yes Yes ✔️
Desktop Platform:
Yes ✔️ No ❌
Mobile App:
Yes ✔️
iOS, Android
Yes ✔️
iOS, Android
Web Trading Platform:
Yes ✔️ Yes ✔️
MetaTrader:
Yes No
cTrader:
No No
Mirror Trader:
No No
Zulu Trade:
No No
Dupli Trade:
No No

Fees

Comparing the fees of both, eToro is great as it offers 0% commissions on real stocks. City Index has overall low trading fees and high inactivity fee and stock CFD fees.

City Index eToro
Trading Fees:
Yes
Varies
Yes
0% Commission on stocks
Spread Varies
Deposit Fees:
No No
Withdrawal Fees:
$0 $5 (Bank Transfer)
$5 (Credit Cards, eWallets)
Overnight Funding:
No Yes
Inactivity Fee:
Yes
£12 after 1 year
Yes
$10/month

Customer Support

Customer support is better at City Index. They offer great phone support and live chat. eToro customer support is known for being slow.

City Index eToro
eMail:
Yes ✔️ Yes ✔️
Online Chat:
Yes ✔️ Yes ✔️
Phone Support:
Yes ✔️ Yes ✔️
Languages:
Multiple 15

Account Funding

Account funding is good at both brokers, however eToro has more deposit options.

City Index eToro
Deposit Methods:
Credit card, Debit card, PayNow, Cheque, Bill Payment or Wire Transfer Visa, MasterCard, Skrill, Diners Club, PayPal, WebMoney, Neteller, Yandex, Union Pay
Deposit Fee:
No ❌ No ❌
Minimum Deposit:
$0 $50 – $10,000

Education

When it comes to education, City Index offers more educational material. While eToro education is good, City Index offers a more comprehensive educational materials. They offer videos, articles, platform tutorials, a demo account, webinars and more.

City Index eToro
Video Tutorials:
Yes ✔️ Yes ✔️
Webinars:
Yes ✔️ Yes ✔️

Verdict

Is eToro better than City Index?

We found that eToro is better than City Index. They offer a better trading experience overall – top that with the copy trading capabilities of eToro and you have a winning broker.

comparison etoro logo

eToro

  • 0% commission on stocks and ETFs
  • Best Copy Trading Platform
  • 2000+ Assets To Trade
  • Safe & Regulated by Top-tier authorities

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

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eToro vs City Index – Compare The Two Brokers
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