CityIndex vs TradeStation

CityIndex vs TradeStation Comparison Table 2023
CityIndex	TradeStation
Review 4.4	Review 3.5 TradeStation is #12 in our CFD broker rankings.
Traders from US not accepted	Traders from US accepted
City Index is an established and award-winning forex, CFD and spread betting broker with top-tier global regulation, including in the UK (FCA) and Australia (ASIC). With 30+ years in the industry, 13,500+ instruments and 24/5 customer support, City Index is a solid pick for aspiring traders.	US based broker with pricing methods split to cater for active day traders, or longer term stock holders
Comment by Reviewer
"City Index is best for new and intermediate traders looking for a wide selection of assets on user-friendly platforms."
Pros
Thousands of instruments including thematic indices and interest rates that are not available at many alternatives Industry-leading platforms including MT4, plus access to cutting-edge third-party tools like TradingView Excellent reputation with over 1 million account holders and tier-one regulatory oversight Tight spreads from 0.5 pips on EUR/USD and competitive commissions on CFD shares A free demo account with unrestricted access to all markets and trading tools Extended hours trading on 70+ popular shares including Amazon and Tesla No minimum deposit to get started
Cons
Cryptocurrency trading not available in all locations No Islamic account for Muslim traders $15 monthly inactivity fee US traders not accepted
Instruments
Stocks, Spreadbetting, Options, CFD, Forex, Crypto	Stocks, Futures, E-minis, CFD
Demo Account
Yes	Yes
Minimum Deposit
$100	$500
Payment Methods
BPAY Credit Card Debit Card Mastercard PayID PayNow PayPal Visa Wire Transfer	ACH Transfer
Minimum Trade
0.01 Lots	Min lot size will vary
Regulator
ASIC, FCA, MAS	SEC
Margin Trading
No	No
MetaTrader 4
Yes	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
No	No
eSignal
No	No
Trading Central
Yes	No
STP Account
Yes	No
ECN Account
No	No
DMA Account
Yes	Yes
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
Yes	iOS, Android and Windows
Auto Trading
Automated trading capabilities via MT4 trading platform
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Smart Signals
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Islamic Account
No	No
Account Currencies
USD EUR GBP AUD CZK	USD EUR GBP CAD AUD JPY CHF
Stock Exchanges
S&P 500 Shenzhen Stock Exchange
Commodities
Cannabis Copper Gold Iron Livestock Natural Gas Nickel Oil Orange Juice Platinum Silver Soybeans	Soybeans
CFD Trading
Trade 5,000+ CFDs from a single account with no hidden fees and free live market data. The suite of markets is impressive vs alternatives, including access to shares, indices, commodities and bonds.
Leverage
1:30 (Retail), 1:50 (Accredited Investor), 1:200 (Sophisticated Investor), 1:300 (Wholesale Investor), 1:400 (Professional Trader). Varies with jurisdiction.	1:20
FTSE Spread
1 pt	N/A
GBPUSD Spread
0.8 pips	N/A
Oil Spread
0.4	0.06 pips
Stocks Spread
Variable	0.2% Var
Forex Trading
Trade a wide selection of 80+ currency pairs with spreads from 0.5 pips and industry-favorite platforms. City Index has 40+ years experience in forex trading with liquidity from tier-one banks.	Forex trading not offered
GBPUSD Spread
0.8
EURUSD Spread
0.5
EURGBP Spread
0.8
Currency Indices
USD
Cryptocurrency
Go long or short on popular digital currencies with ultra-tight spreads and fast order executions. Leverage also allows traders to magnify their purchasing power.	Crypto trading not offered
Spread
BTC 0.5%, ETH 1%
Coins
BCH BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No

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