City Index vs Plus500 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.
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.
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.
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 |
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|---|---|---|
| Year Founded | 1983 | 2008 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | No |
| Tier-1 Licenses | 7 | 6 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
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 |
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|---|---|---|
| Minimum Deposit | £100.00 | €50 |
| Average spread (EUR/USD) - Standard account | 1.4 | 1.3 |
| All-in Cost EUR/USD - Active | 0.9 | 1.3 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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 |
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|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 13500 | 5500 |
| Forex Pairs (Total) | 66 | 65 |
| U.S. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| 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.
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 |
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|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 88 | 115 |
| Charting - Trade From Chart | Yes | No |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
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 |
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|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 88 | 115 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
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 |
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|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
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 |
|
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|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
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.
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| Trust Score | 99 | 99 |
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City Index vs Plus500: neither online broker lets you buy actual (delivered) cryptocurrency, but both support trading cryptocurrency CFDs.
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.
Please 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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0 of 5| Overall Rating | City Index | Plus500 | |
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| Trust Score | 99 | 99 | |
| Winner | check_circle | ||
| Review | City Index Review | Plus500 Review |
| Broker Screenshots | City Index | Plus500 | |
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| Broker Gallery (click to expand) |
| Regulation | City Index | Plus500 | |
|---|---|---|---|
| Trust Score | 99 | 99 | |
| Year Founded | 1983 | 2008 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 6 | |
| Tier-2 Licenses | 1 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | City Index | Plus500 | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | Yes | |
| Singapore (MAS Authorised) | Yes | Yes | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | City Index | Plus500 | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | Yes | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | City Index | Plus500 | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 13500 | 5500 | |
| Forex Pairs (Total) | 66 | 65 | |
| U.S. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| 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 | 1.4 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.9 | 1.3 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | City Index | Plus500 | |
|---|---|---|---|
| Minimum Deposit | £100.00 | €50 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | City Index | Plus500 | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | City Index | Plus500 | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 88 | 115 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | City Index | Plus500 | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 88 | 115 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | City Index | Plus500 | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | City Index | Plus500 | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | City Index | Plus500 | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | City Index Review | Plus500 Review |
| Overall | City Index | Plus500 | |
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| Trust Score | 99 | 99 | |
| Winner | check_circle | ||
| Review | City Index Review | Plus500 Review |