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City Index vs ETX Capital 2020

Is City Index better than ETX Capital ? After testing 30 of the best forex brokers over five months, City Index is better than ETX Capital . Backed by GAIN Capital, City Index is a trusted brand that traders choose for its advanced trading platforms, excellent mobile app, diverse market research, education, and extensive range of markets.



CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature City Index ETX Capital
Overall 4.5 4
Commissions & Fees 4 4
Offering of Investments 5 4
Platforms & Tools 4 3.5
Mobile Trading 4 3.5
Research 4.5 3
Education 4 3.5
Trust Score 93 82
74% of retail CFD accounts lose money 77.40% of retail CFD accounts lose money
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Regulation

Feature City Index ETX Capital
Trust Score 93 82
Year Founded
1983 1965
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
3 1
Tier-2 Licenses
0 0
Tier-3 Licenses
1 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature City Index ETX Capital
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature City Index ETX Capital
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes No
Currency Pairs (Total Forex pairs)
65 60
CFDs - Total Offered
4500 6000
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes

Cost

Feature City Index ETX Capital
Average Spread EUR/USD - Standard
1.1 (Aug 2020) 0.81 (as of May 18)
All-in Cost EUR/USD - Active
1.1 (Aug 2020) 0.81 (as of May 18)
Active Trader or VIP Discounts
Yes No

Funding

Feature City Index ETX Capital
Minimum Initial Deposit
£50.00 $£100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature City Index ETX Capital
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes No
Social Trading / Copy-Trading
Yes No
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No No
cTrader
No No

Trading Tools

Feature City Index ETX Capital
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes No
Watchlists - Total Fields
18 7
Charting - Indicators / Studies (Total)
139 56
Charting - Drawing Tools (Total)
25 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature City Index ETX Capital
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
88 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
No Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes Yes
Forex Calendar
Yes No

Research

Feature City Index ETX Capital
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
No Yes
AutoChartist
No No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes No

Education

Feature City Index ETX Capital
Has Education - Forex
Yes Yes
Has Education - CFDs
Yes Yes
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes

Major Forex Pairs

Feature City Index ETX Capital
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature City Index ETX Capital
Overall 4.5 4
Commissions & Fees 4 4
Offering of Investments 5 4
Platforms & Tools 4 3.5
Mobile Trading 4 3.5
Research 4.5 3
Education 4 3.5
Trust Score 93 82
City Index Review ETX Capital Review
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Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare City Index vs ETX Capital .

Does City Index or ETX Capital offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, City Index offers better pricing overall for traders.

Is City Index or ETX Capital safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. City Index holds 3 global Tier-1 licenses, while ETX Capital holds 1. Both City Index and ETX Capital hold 0 global Tier-2 licenses. All regulators considered, City Index has a Trust Score of 93.00, while ETX Capital 's Trust Score is 82.00.

Which trading platform is better: City Index or ETX Capital ?
To compare the trading platforms of both City Index and ETX Capital , we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, City Index offers a better experience. With research, City Index offers superior market research. Finally, we found City Index to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While City Index offers copy trading, ETX Capital does not. Both City Index and ETX Capital offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
City Index provides traders 65 currency pairs (e.g., EUR/USD) compared to ETX Capital 's 60 available pairs. Forex pairs aside, ETX Capital offers traders access to 6000 CFDs while City Index has 4500 available CFDs, a difference of 1,500.

Overall, between City Index and ETX Capital , City Index is the better forex broker.

City Index Review
ETX Capital Review

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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