eToro vs CityIndex

eToro vs CityIndex Comparison Table 2023
eToro	CityIndex
Review 4.1	Review 4.4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
eToro is a top-rated multi-asset platform which offers both investing in stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 76% of retail accounts lose money.	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.
76% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Comment by Reviewer
"eToro is a great pick for traders who want to trade CFDs with copy trading and other social investing features. The brand is hugely respected with a string of awards and strong regulatory oversight."	"City Index is best for new and intermediate traders looking for a wide selection of assets on user-friendly platforms."
Pros
25M+ user community Interest up to 5.35% on idle funds Industry-leading copy trading app Commission-free stock trading Islamic/Halal-friendly account Good user reviews and app rankings Low minimum deposit requirement Multiple orders including take profits Digital wallet with multiple currencies Trustworthy and award-winning company Comprehensive online training academy Demo account with access to virtual funds	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
Fee to withdraw revenue Limited contact methods No guaranteed stop loss No MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms Currency conversion fees for account denominations other than USD	Cryptocurrency trading not available in all locations No Islamic account for Muslim traders $15 monthly inactivity fee US traders not accepted
Awards
Best of Show Award 2012 - Finovate Europe Most Innovative Trading Platform 2010 - World Finance Awards Best Trading Software 2011 - World Finance Awards
Instruments
Crypto	Stocks, Spreadbetting, Options, CFD, Forex, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$10	$0
Trading Platforms
TradingCentral	MT4 TradingView TradingCentral
Payment Methods
Debit Card iDeal Klarna Neteller POLi Rapid Transfer Skrill Sofort Swift Visa Wire Transfer	BPAY Credit Card Debit Card Mastercard PayID PayNow PayPal Visa Wire Transfer
Minimum Trade
$10	0.01 Lots
Regulator
FCA, ASIC, CySEC, FSA	ASIC, FCA, MAS
Margin Trading
Yes	No
Margin Rate
1%	2.5%
STP Account
Yes	Yes
ECN Account
Yes	No
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS, Android & Windows	Yes
Auto Trading
Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do.	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
One of the best proprietary platforms currently on the market is the award-winning eToro CopyTrader (at no additional cost for eToro clients). The web-based platform includes a user-friendly and interactive layout and also comes with social features, including a community chat. Copy trading on crypto trades only.
Social Trading
Yes	No
Trade Signals
Yes	Smart Signals
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$10
Islamic Account
Yes	No
Account Currencies
USD	USD EUR GBP AUD CZK
Stock Exchanges
Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange National Stock Exchange Of India New York Stock Exchange Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Tokyo Commodity Exchange Taiwan Stock Exchange	S&P 500 Shenzhen Stock Exchange
Commodities
Aluminium Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Iron Lead Lithium Livestock Nickel Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat	Cannabis Copper Gold Iron Livestock Natural Gas Nickel Oil Orange Juice Platinum Silver Soybeans
CFD Trading
Trade CFDs on over 3,000 assets and enjoy rich market data through integrated TradingView charts. There is also comprehensive free learning tools via the eToro Academy, ideal for beginners. Fees are low and leverage is in line with regulatory requirements, helping to provide a secure trading environment.	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.
FTSE Spread
1.5 pt	1 pt
GBPUSD Spread
2 pips	0.8 pips
Oil Spread
5 pts	0.4
Stocks Spread
0.24% Var	Variable
Forex Trading
An impressive selection of 52 currencies are tradeable on eToro's proprietary platform and app. Traders can also continuously hone their forex strategies by switching between demo mode and their live account any time.	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 App
eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.
GBPUSD Spread
2 pips	0.8
EURUSD Spread
1.5 pips	0.5
EURGBP Spread
1.5 pips	0.8
Assets
49	84
Currency Indices
USD	USD
Cryptocurrency
eToro leads the way in cryptocurrency trading. The lowest spreads (from 1% for BTC), their own wallet service and the largest number of cryptos to trade in the market. Don’t invest unless you’re prepared to lose all the money you invest.	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.
Spread
BTC 1%, ETH 2%	BTC 0.5%, ETH 1%
Coins
BTC ETH BCH XRP DASH LTC ETC ADA MIOTA XLM EOS NEO ZEC BNB VET	BCH BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
76% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
More Comparisons
eToro vs	CityIndex vs