City Index vs FXGiants Comparison

City Index vs FXGiants Broker Comparison

City Index versus FXGiants
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
NoneMT4, Advantage Web, Web Trader, AT Pro12,000+FCA, ASIC, MAS
$100MT4200+FCA, ASIC

City Index and FXGiants Comparison

City Index provides CFD trading and spread betting. It offers two web trading platforms along with MT4 and AT Pro. FXGiants provides CFD trading, with a range of account types covering ECN and non-ECN trading, on MT4. City Index can offer more individual markets to trade than FXGiants on its web traders and AT Pro platforms, but FXGiants has more on MT4 (its only platform). Both brokers are regulated by the FCA in the United Kingdom. City Index is also regulated by the ASIC in Australia and the MAS in Singapore.

Quick comparison

City index offers MT4, two web traders and AT Pro, with a relatively large number of markets on its web traders and AT Pro. FXGiants has MT4 and offers a range of account types, including STP/ECN.

Minimum deposit and account types

City Index does not have a minimum deposit. The minimum deposit for FXGiants is $100.

  • City Index offers CFD trading and spread betting. City Index provides a news feed, market reports and a Trading Academy.
  • FXGiants offers CFD trading on five account types, the Micro account, the Premium account, the 0 Fixed Spread account, the STP/ECN No Commission account and the STP/ECN 0 Spread account. The Micro and Premium accounts have two types, Live Fixed or Live Floating Spread. The minimum deposit is $100 for the Micro account, $500 for the 0 Fixed spread, STP/ECN No Commission and STP/ECN 0 Spread accounts and $2,500 for the Premium account.
  • FXGiants's 0 Fixed Spread account offers fixed spreads from 0 plus a commission charge. The STP/ECN 0 Spread account offer variable ECN spreads from 0, with a commission charge. FXGiants provides economic news and an economic calendar on its website. It also provides a dedicated account manager and a 24/5 dealing hotline for its non-ECN accounts.

Markets

  • On the web trader platforms and AT Pro, City Index offers Forex pairs, Indices, Energy, Metals, Soft Commodities, Shares, Cryptocurrencies, Options, Bonds, ETFs, IPOs and Interest Rates, with 12,000+ available. City Index Australia and City Index Singapore have less markets (5,000+), as they do not offer spread betting.
  • On MT4, City Index offers Forex, Indices, Energy, Metals and Soft Commodities, with 110+ available.
  • On MT4, FXGiants offers Forex pairs, Indices, Energy, Metals, Soft Commodities, Shares and Cryptocurrencies, with 200+ available.

Cryptocurrencies

  • City Index offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash (as a CFD or for spread betting).
  • FXGiants offers Bitcoin, Ethereum, Litecoin and Ripple CFDs.

Spreads and leverage

  • Spreads at City Index are variable and are from 0.5 for EUR/USD, 1 for UK100, 0.3 for Gold and 0.04 for US Oil.
  • FXGiants can provide non-ECN EUR/USD spreads on the Micro account from 1.1 variable and 2.2 fixed and Premium non-ECN EUR/USD spreads from 1.8 fixed and 0.7 variable without a commission charge. It can also offer EUR/USD spread fixed at 0, with a commission charge.
  • STP/ECN account spreads at FXGiants are variable and are from 1.7 for EUR/USD on the STP/ECN No Commission account and 0.0 on the STP/ECN 0 spread account, and from around 1 for UK100, 0.50 for Gold on the STP/ECN No Commission account and 0.15 on the STP/ECN 0 Spread account, and 0.04 for US Crude Oil.

Maximum leverage for City Index (FCA regulated) is . Maximum leverage for FXGiants (FCA regulated) is .

Commissions

  • City Index does not charge commissions, except for Shares CFDs.
  • FXGiants charges a commission of $13 per lot round trip for its ECN Zero account and does not charge a commission for its ECN No Commission account. On its 0 Fixed Spread account, FXGiants charges a commission from $18 per lot per side.

Platforms

City Index offers a Web Trader, Advantage Web, MT4 and AT Pro. FXGiants provides MT4.

Why City Index or FXGiants ?

City Index can offer a relatively large number of markets on AT Pro (which has an expanded range of technical indicators) and the web trader platforms. FXGiants provides a range of account types for the MT4 platform, including STP/ECN trading. City Index also offers MT4, and has a comparable number of markets on it to FXGiants.

Comparison summary

  • City Index is a CFD and spread betting broker
  • FXGiants provides ECN and other account types
  • FXGiants can offer very low spreads with a commission charge for ECN trading
  • City Index can offer tight variable spreads without a commission charge
  • FXGiants can offer fixed or variable spreads without a commission charge
  • FXGiants can provide fixed spreads from 0 with a commission charge
  • Both brokers provide MT4
  • City Index also offers two web traders and AT Pro
  • Both brokers are FCA and ASIC regulated, City Index is also MAS regulated

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