City Index MT4 vs ETX Capital MT4

City Index MT4 vs ETX Capital MT4 Comparison

City Index MT4 vs ETX Capital MT4
Trade Now >>Minimum DepositTrading PlatformsMarketsRegulated
NoneMT4, Advatage Web, Web Trader, AT ProMT4: 100+FCA, ASIC, MAS
$100MT4, ETX TraderProMT4: 200+FCA

City Index MT4 and ETX Capital MT4 Comparison

Both of these brokers offer MT4 in addition to their other trading platforms. MT4 is a standard third party platform, thus there will be similarities. However differences include a different range and number of markets, number of Forex pairs and availability of Bitcoin.

Minimum deposit and account types

City Index does not have a minimum deposit. The minimum deposit for ETX Capital is $100 or $100 or €100.

  • City Index provides a news feed, market reports and a Trading Academy.
  • ETX Capital provides a range of features including webinars and seminars. For a minimum first deposit of £/$/€1,000, T&Cs apply, ETX Capital offers a dedicated account manager, news and updates from Trading Central and a free 8 hour trading course to be taken within 6 months.

MT4 Markets

  • City Index offers Forex, Indices, Energy, Metals and Soft Commodities, with 110+ available.
  • ETX Capital offers Forex, Indices, Energy, Metals, Soft Commodities, Stocks and Bitcoin, with 200+ available.

It can be seen that ETX Capital offers more and a wider range (but on its other platforms, City Index has more and a wider range).

MT4 Forex pairs

  • City Index offers 80+ Forex pairs, ETX Capital offers 60+ Forex pairs.


  • ETX Capital offers Bitcoin (as a CFD or for spread betting).

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.
  • ETX Capital offers variable spreads on its spread betting and CFD platforms, from 0.6 for EUR/USD, from 1 for the UK100, from 0.4 for Gold, from 0.05 for US Crude Oil and from an extra 0.05% for Shares.

Maximum leverage for City Index (FCA regulated) is . Maximum leverage for ETX Capital is .

Other platforms

In addition to MT4, City Index provides two web trading platforms (Advantage Web and Web Trader) and AT Pro. In addition to MT4, ETX Capital provides ETX TraderPro.


Both are FCA regulated in the United Kingdom. City Index is additionally regulated by the ASIC in Australia and the MAS in Singapore.

Comparison summary

  • City Index and ETX capital are both based in London and FCA regulated
  • City Index is also based in and regulated in Singapore and Australia
  • City Index MT4 has more Forex pairs
  • ETX Capital MT4 has more markets, including Bitcoin
  • City Index has Cryptocurrencies on its other two platforms (but not on MT4)
  • Both allow EAs

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