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City Index vs XTB 2021

Is City Index better than XTB? In our analysis of 23 international regulators across 50 brokers, City Index is considered low-risk, with an overall Trust Score of 93 out of 99. XTB is considered low-risk, with an overall Trust Score of 92 out of 99. Learn more about Trust Score.


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 XTB
Overall 4.5 4.5
Commissions & Fees 3.5 4
Offering of Investments 5 5
Platforms & Tools 4.5 4.5
Mobile Trading 4.5 4
Research 4.5 4.5
Education 4.5 4
Trust Score 99 95
City Index Review XTB Review
70% of retail CFD accounts lose money 73% of retail CFD accounts lose money

Regulation

Feature City Index XTB
Trust Score 99 95
Year Founded
1983 2002
Publicly Traded (Listed)
Yes Yes
Bank
No No
Tier-1 Licenses
3 1
Tier-2 Licenses
1 3
Tier-3 Licenses
1 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature City Index XTB
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

Tier-2 Licenses (Average Trust)

Feature City Index XTB
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes Yes
CBI Authorised (Ireland)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
No Yes
SEC Authorised (Thailand)
No No

Tier-3 Licenses (Low Trust)

Feature City Index XTB
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No Yes
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No

Investments

Feature City Index XTB
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
4500 10000
Forex Pairs (Total)
65 49
US Stock Trading (Non CFD)
No Yes
Int'l Stock Trading (Non CFD)
No Yes
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes Yes
Social Trading / Copy-Trading
Yes Yes

Cost

Feature City Index XTB
Average Spread EUR/USD - Standard
1.1 (August 2021) 0.86 (Q2 2020)
All-in Cost EUR/USD - Active
1.1 (August 2021) 0.78 (as of Q3 19)
Active Trader or VIP Discounts
Yes Yes
Execution: Agency Broker
No Yes
Execution: Market Maker
Yes Yes

Funding

Feature City Index XTB
Minimum Deposit
£50.00 $0.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes Yes
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

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

Trading Tools

Feature City Index XTB
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
20 8
Charting - Indicators / Studies (Total)
139 39
Charting - Drawing Tools (Total)
269 30
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature City Index XTB
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
88 13
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes Yes
Forex Calendar
Yes Yes

Research

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

Education

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

Major Forex Pairs

Feature City Index XTB
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 XTB
Overall 4.5 4.5
Commissions & Fees 3.5 4
Offering of Investments 5 5
Platforms & Tools 4.5 4.5
Mobile Trading 4.5 4
Research 4.5 4.5
Education 4.5 4
Trust Score 99 95
City Index Review XTB Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare City Index vs XTB.

Does City Index or XTB 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, XTB offers better pricing overall for traders.

Is City Index or XTB 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 XTB holds 1. XTB holds 3 global Tier-2 licenses, while City Index holds 1. In our analysis of 23 international regulators across 50 brokers, City Index earned a higher Trust Score than XTB.

Which trading platform is better: City Index or XTB?
To compare the trading platforms of both City Index and XTB, 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. City Index and XTB both offer copy trading. Both City Index and XTB 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 XTB's 49 available pairs. Forex pairs aside, XTB offers traders access to 10000 CFDs while City Index has 4500 available CFDs, a difference of 5,500.

Can I trust City Index?
City Index is publicly traded, does not operate a bank, and is authorised by three tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust). City Index is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Monetary Authority of Singapore (MAS), and the Financial Conduct Authority (FCA).

Can I trust XTB?
XTB is a publicly traded company that is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). XTB is authorised by the following tier-1 regulator: Financial Conduct Authority (FCA).

Is City Index good?
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.

Is XTB good?
As a trusted multi-asset broker, XTB offers traders outstanding customer service and an excellent trading experience overall thanks to the xStation 5 trading platform.

Overall winner: City Index

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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 website as of 12/14/2020 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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