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City Index vs Plus500 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of City Index vs Plus500, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

City Index
5/5 Stars Overall
  • Minimum Deposit: £100.00
  • Trust Score: 99
  • Tradeable Symbols (Total): 13500
Plus500
4.5/5 Stars Overall
  • Minimum Deposit: €50 info
  • Trust Score: 99
  • Tradeable Symbols (Total): 5500 info

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regulation

City Index, founded in 1983, and Plus500, established in 2008, are both prominent online brokers publicly traded on stock exchanges, offering various financial services without being classified as banks. Both brokers boast a perfect Trust Score of 99 on ForexBrokers.com, highlighting their credibility and reliability in the financial market. In terms of regulatory strength, City Index holds seven Tier-1 licenses, a benchmark for high trust, and one Tier-2 license, indicating solid trust levels. Meanwhile, Plus500 also maintains a strong presence with six Tier-1 licenses and three Tier-2 licenses, ensuring a trustworthy trading environment for its clients.

Despite the difference in the number of licenses, both City Index and Plus500 demonstrate a commitment to maintaining high standards of regulation and trust for their users. This makes them equally appealing for traders prioritizing regulatory assurance. Whether one chooses City Index or Plus500, both offer a secured platform backed by their respective regulatory standings, making them favorable options in the competitive world of online trading.

Feature City Index logoCity Index
Plus500 logoPlus500
Year Founded info 1983 2008
Publicly Traded (Listed) info Yes Yes
Bank info No No
Tier-1 Licenses info 7 6
Tier-2 Licenses info 1 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2

Fees

City Index and Plus500 take different approaches to commissions and fees. City Index generally sits around the industry average for CFDs, forex, and spread betting, with its best pricing on City Index’s own platforms and MetaTrader. Plus500 tends to be slightly above the industry average and trails leaders for active-trader pricing. For this category, City Index is rated 4.5/5 stars and ranks #16 of 63, while Plus500 is rated 4.0/5 stars and ranks #24 of 63.

City Index’s EUR/USD spread averaged 0.74 pips (July 2023). Active traders who deposit over £10,000 can apply for the Premium Trader account to access exclusive pricing, events, content, and dedicated support. Professional clients may also qualify for volume rebates: in the U.K., £4 per million for more than £25M traded per month, up to £7.5 per million above £300M; in Australia, AUD $4.5 per million (tier 1) up to AUD $14.5 per million (tier 3).

Plus500 does not offer retail discounts. In April 2024, its average EUR/USD spread was 1.5 pips—higher than the industry average and wider than City Index in this comparison—though Professional clients may receive cash rebates. If you trade frequently and want lower all-in costs, City Index tends to deliver tighter spreads and more ways to reduce fees, while Plus500 is simpler but typically pricier.

Feature City Index logoCity Index
Plus500 logoPlus500
Minimum Deposit info £100.00 €50 info
Average spread (EUR/USD) - Standard account info 1.4 info 1.3 info
All-in Cost EUR/USD - Active info 0.9 info 1.3 info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

City Index vs Plus500: both support forex trading as a CFD or spot contract and offer cryptocurrency trading via CFDs (neither offers actual, delivered crypto). City Index stands out for breadth, with about 13,500 tradeable symbols and 66 forex pairs, compared with Plus500’s roughly 5,500 symbols and 65 forex pairs. City Index also supports copy trading, while Plus500 does not.

If you want to buy real shares, Plus500 lets you trade exchange‑listed stocks from both U.S. and international markets, whereas City Index does not offer non‑CFD share dealing. For Range of Investments, City Index is rated 5 stars and ranks #8 out of 63 brokers at ForexBrokers.com; Plus500 earns 4.5 stars and ranks #17. Choose City Index for sheer market variety and copy trading, or Plus500 if owning actual shares is a priority alongside CFD trading.

Feature City Index logoCity Index
Plus500 logoPlus500
Forex Trading (Spot or CFDs) info Yes Yes info
Tradeable Symbols (Total) info 13500 5500 info
Forex Pairs (Total) info 66 65
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info Yes Yes info
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account.

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

City Index vs Plus500: both brokers offer free demo (paper) accounts and easy-to-use proprietary platforms you can access in your browser. City Index adds a Windows desktop platform, while Plus500 does not. City Index also supports MetaTrader 4 (MT4), copy trading, and placing trades directly from charts; Plus500 does not offer MT4, copy trading, or trade-from-chart features. Neither broker supports MetaTrader 5 (MT5). Both provide charting and watchlists, though the exact number of indicators and watchlist columns was not specified.

For Trading Platforms and Tools, both City Index and Plus500 are rated 4.5 stars. In category rankings from ForexBrokers.com, City Index is #11 out of 63 brokers, while Plus500 is #14. In short, choose City Index if you want MT4, a downloadable desktop platform, copy trading, and trade-from-chart capability; pick Plus500 if you prefer a straightforward, proprietary web platform with a free demo to practice.

Feature City Index logoCity Index
Plus500 logoPlus500
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info No No
Charting - Indicators / Studies (Total) info 88 115
Charting - Trade From Chart info Yes No

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Comparing City Index vs Plus500 for mobile trading apps, both offer iPhone and Android support, price alerts, synced watchlists between mobile and web, and tools like drawing trendlines on charts. Each earns 4.5 out of 5 stars for mobile trading, yet ForexBrokers.com ranks City Index higher (#9 of 63) than Plus500 (#14), hinting at a slight overall edge for City Index in mobile experience.

Charting is where their differences show. Plus500 includes more built-in technical indicators (115 vs 88 for City Index), which will appeal to traders who like extensive indicator choices. City Index, however, auto-saves your chart drawings, while Plus500 does not—handy if you revisit stock or forex charts across sessions or devices. If you prefer a larger indicator set, Plus500 fits; if you value saved annotations and a higher category ranking, City Index may be the better pick.

Feature City Index logoCity Index
Plus500 logoPlus500
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 88 115
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

City Index and Plus500 both cover the essentials for market research: daily market commentary, Trading Central tools for technical insights, sentiment indicators showing long/short positioning, and an economic calendar. Neither broker includes Autochartist, TipRanks, or Acuity Trading integrations.

City Index pulls ahead by offering forex news from major outlets like Bloomberg, Reuters, or Dow Jones, which Plus500 does not provide. That added news feed helps explain City Index’s higher research score (4.5/5) and rank (#10 of 63) versus Plus500’s 4.0/5 and #17. If you want integrated professional news with your core tools, City Index is the stronger choice; if you’re satisfied with the basics, Plus500 still delivers useful research features.

Feature City Index logoCity Index
Plus500 logoPlus500
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes Yes
Client sentiment data info Yes Yes
TipRanks info No No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

City Index vs Plus500 for beginner education: both brokers deliver dedicated forex and CFD education with at least 10 learning pieces, including articles, videos, and archived webinars. Each hosts online client webinars at least once per month, and both offer at least 10 beginner videos plus at least 10 advanced videos, so newcomers can start with the basics and progress to more complex topics at their own pace.

That said, City Index scores higher for overall education quality, earning 4.5/5 stars and ranking #9 out of 63 brokers at ForexBrokers.com. Plus500 earns 4.0/5 stars and ranks #26. If you want a deeper learning path with stronger overall coverage, City Index is the better fit; if you prefer a simpler, self-guided experience, Plus500 still covers the essentials for new traders.

Feature City Index logoCity Index
Plus500 logoPlus500
Webinars info Yes Yes info
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that City Index is better than Plus500. City Index finished with an overall rank of #8, while Plus500 finished with an overall rank of #14.

Backed by StoneX Group, City Index is a trusted brand known for its versatile trading platforms, excellent mobile app, diverse market research, and extensive range of tradeable markets.

Feature City Index logoCity Index
Plus500 logoPlus500
Overall Rating info 5/5 Stars 4.5/5 Stars
Trust Score info 99 99
Range of Investments 5/5 Stars 4.5/5 Stars
Trading Fees 4.5/5 Stars 4.0/5 Stars
Trading Platforms 4.5/5 Stars 4.5/5 Stars
Research 4.5/5 Stars 4.0/5 Stars
Mobile Trading 4.5/5 Stars 4.5/5 Stars
Education 4.5/5 Stars 4.0/5 Stars

FAQs

Can you trade cryptocurrency with City Index or Plus500?

City Index vs Plus500: neither online broker lets you buy actual (delivered) cryptocurrency, but both support trading cryptocurrency CFDs.

What funding options does each broker offer?

For deposits and withdrawals, City Index supports ACH/SEPA, PayPal, and bank wires (but not Skrill), while Plus500 supports PayPal, Skrill, and bank wires (but not ACH/SEPA); Visa/Mastercard availability is unspecified for both.




announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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Compare

0 of 5
Overall Rating City Index Plus500
Overall Rating info 5/5 Stars 4.5/5 Stars
Trading Fees 4.5/5 Stars 4.0/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Trading Platforms 4.5/5 Stars 4.5/5 Stars
Mobile Trading 4.5/5 Stars 4.5/5 Stars
Research 4.5/5 Stars 4.0/5 Stars
Education 4.5/5 Stars 4.0/5 Stars
Trust Score info 99 99
Winner check_circle
Review City Index Review Plus500 Review
Broker Screenshots City Index Plus500
Broker Gallery (click to expand) info
Regulation City Index Plus500
Trust Score info 99 99
Year Founded info 1983 2008
Publicly Traded (Listed) info Yes Yes
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 7 6
Tier-2 Licenses info 1 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2
Tier-1 Licenses (Highly Trusted) City Index Plus500
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (FSA Authorised) info No Yes
Singapore (MAS Authorised) info Yes Yes
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) City Index Plus500
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No Yes
South Africa (FSCA Authorised) info No Yes
UAE (DFSA, FSRA, or SCA Authorised) info Yes Yes info
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments City Index Plus500
Forex Trading (Spot or CFDs) info Yes Yes info
Tradeable Symbols (Total) info 13500 5500 info
Forex Pairs (Total) info 66 65
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info Yes Yes info
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account.
Cost City Index Plus500
Average spread (EUR/USD) - Standard account info 1.4 info 1.3 info
All-in Cost EUR/USD - Active info 0.9 info 1.3 info
Inactivity Fee info Yes Yes
Order execution: Agency info No No
Order execution: Market Maker info Yes Yes
Funding City Index Plus500
Minimum Deposit info £100.00 €50 info
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms City Index Plus500
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info No No
cTrader info No No
Trading Tools City Index Plus500
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 88 115
Charting - Trade From Chart info Yes No
Charts can be saved info Yes Yes
Mobile Trading City Index Plus500
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 88 115
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes No
Mobile Research - Economic Calendar info Yes Yes
Research City Index Plus500
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes Yes
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education City Index Plus500
Webinars info Yes Yes info
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Major Forex Pairs City Index Plus500
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes info
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review City Index Review Plus500 Review
Overall City Index Plus500
Overall Rating info 5/5 Stars 4.5/5 Stars
Trading Fees 4.5/5 Stars 4.0/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Trading Platforms 4.5/5 Stars 4.5/5 Stars
Mobile Trading 4.5/5 Stars 4.5/5 Stars
Research 4.5/5 Stars 4.0/5 Stars
Education 4.5/5 Stars 4.0/5 Stars
Trust Score info 99 99
Winner check_circle
Review City Index Review Plus500 Review
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