| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| City Index | $150 Minimum Deposit | Web Trader, MT4 Trading Platforms | 6300+ Markets To Trade | City Index provides a wide range of markets to trade on a user friendly Web Trader and offers MT4 (including automated trading) About |
| Plus500 | $100 Minimum Deposit | Plus500 Platform Trading Platforms | 2000+ Markets To Trade | Plus500 provides a user friendly, inuitive platform from watch to desktop with integrated technical and fundamental analysis tools About |
City Index and Plus500 Comparison
Plus500 offers a significant number of CFD products and a range of markets, but City Index can provide more individual markets and a wider range of markets.
Both offer user friendly web traders, while City Index also provides MT4.
MT4 supports automated strategies. Thus while both offer support for discretionary trading, City Index also supports trading automation.
Quick comparison
These each support traders who execute their own trades. City Index has more markets to trade. Plus500 offers a platform with an intuitive design and a wide range of technical indicators. City Index also provides support for trading automation on MT4.
Minimum deposit and account types
The minimum deposit for City Index is $150. The minimum deposit for Plus500 is $100.
- City Index provides SMART Signals (which analyses markets to look for trading opportunities), News & Analysis, Trading View analysis, Performance Analytics from Chasing Returns (to analyse trader's performance), an Economic Calendar and SMS Volatility Alerts.
- Plus500 provides CFD trading. For all traders, Plus500 offers an Economic Calendar on its website covering news events and market effects and has economic data integrated into its platform. Plus500 offers the +Insights tool which provides real time data abut the activity of other Plus500 traders. Additionally, Plus500 offers a Trading Academy on its website as well as News and Market Insights.
Markets
- City Index provides CFDs on Forex pairs, Indices, Energy, Soft Commodities, Metals, Options, Shares, ETFs, Cryptocurrencies, Bonds, IPOs and Interest Rates, with 6300+ available.
- Plus500 offers CFDs on Forex pairs, Indices, Energy, Soft Commodities, Metals, Options, Stocks, ETFs and Cryptocurrencies, with 2000+ available.
City Index offers 80+ Forex pairs (on MT4), Plus500 offers 55+ Forex pairs.
| Broker | Trading Platforms | Description |
|---|---|---|
| Plus500 Broker | Plus500 Platform Trading Platforms | Plus500 provides an intutive trading platform for the the trader who plans and execute their own trades with integrated analysis tools Description |
| City Index Broker | MT4, Web Trader Trading Platforms | City Index offers a user friendly platform with a wide range of markets to trade Description |
Cryptocurrencies
- City Index offers CFDs on Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple.
- Plus500 offers CFDs on Bitcoin, Ethereum, Bitcoin Cash, Litecoin, NEO, EOS, IOTA, Stellar, Cardano, Polygon, VeChain, Solana, Polkadot, Axie Infinity, Uniswap, Filecoin and Chainlink.
Spreads
City Index provides Forex spreads from 0.5. Plus500 offers variable spreads depending on the instrument.
Online trading platforms
City Index offers its Web Trader and MT4. Plus500 offers a web trader platform and a downloaded version. Each has apps.
Why City Index or Plus500 ?
Traders who want a user friendly web trader can find this type of platform at either, though Plus500 has a particularly clear intuitive platform (which can also be downloaded). Traders who want to trade with robots can do so at City Index on MT4.
Comparison summary
- Both provide CFD trading
- Each provides user friendly web traders
- City Index additionally provides MT4
- City Index supports trading with robots (EAs)
- Plus500 has a particularly clear intuitive platform
