City Index vs easyMarkets Comparison

City Index vs easyMarkets Broker Comparison

City Index versus easyMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
NoneWeb Trader, Advantage Web & Apps, MT4, AT Pro12,000+FCA, MAS, ASIC
$100Web Trader & Apps, MT4300+CySEC, ASIC

City Index and easyMarkets Comparison

Both of these brokers provide CFD trading, but City Index also offers spread betting. City Index can offer variable spreads, while easyMarkets provides fixed spreads. City Index offers more individual markets to trade than easyMarkets, but easyMarkets has more Forex pairs.

Both brokers provide web traders and MT4. City Index also offers AT Pro. Both brokers are regulated by the ASIC in Australia. City Index is regulated by the FCA in the United Kingdom and the MAS in Singapore. easyMarkets is regulated by the CySEC in Cyprus.

Quick comparison

Both offer MT4 and web traders (and apps). City Index has many more markets to trade as CFDs or in the UK to spread bet and provides the AT Pro platform. easyMarkets has fixed spreads, while City Index offers variable spreads.

Minimum deposit and account types

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

  • City Index offers CFD trading and spread betting. City Index provides a news feed, market reports and a Trading Academy.
  • easyMarkets offers a Standard account with a minimum deposit of $100 and a VIP account with a minimum deposit of $2,500.
  • All easyMarkets account types have customer support and a personal account manager. The VIP account additionally has telephone trading, access to the tightest spreads at easyMarkets, a personal analyst and real time SMS market updates.

Markets

  • City Index provides Forex pairs, Indices, Energy, Metals, Soft Commodities, Cryptocurrencies, Options, Shares, ETFs, Bonds, 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.
  • easyMarkets provides Forex pairs, Indices, Energy, Metals, Soft Commodities, Cryptocurrencies and Options, with 300+ available.

City Index offers 80+ Forex pairs (on MT4), easyMarkets offers 135+ Forex pairs.

Cryptocurrency CFDs

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

Spreads and leverage

  • City Index provides variable spreads, from 0.5 for EUR/USD, 1 for UK100, 0.3 for Gold and 0.04 for US Oil.
  • Spreads at easyMarkets are fixed and are from 1 for EUR/USD, 2 for UK100, 0.35 for Gold and 0.04 for US Oil.

Maximum leverage for City Index (FCA regulated) is . Maximum leverage for easyMarkets (CySEC regulated) is .

Platforms

City Index offers two web trading platforms (Web Trader and Advantage Web), MT4 and AT Pro (which supports trading automation). easyMarkets provides a web trading platform along with MT4. Both brokers have a minimum trade size of 0.01 lots for Forex on MT4.

Why City Index or easyMarkets ?

City Index can offer many more markets to trade than easyMarkets when their respective web traders (and City Index's AT Pro) are compared. easyMarkets though can provide more Forex pairs (of which it has a relatively large number). Both offers MT4, and have a comparable number of markets on these. City Index can offer tight variable spreads, while easyMarkets provides fixed spreads, which can be lower with account types requiring higher minimum deposit.

Comparison summary

  • City Index offers spread betting and CFD trading
  • easyMarkets provides CFD trading
  • City Index has variable spreads
  • easyMarkets has fixed spreads, with its lower spreads on its VIP account
  • City Index can offer more individual markets and a wider range of markets
  • easyMarkets can provide more Forex pairs
  • Each has less markets on MT4, compared with their other platforms
  • Both brokers offer Options
  • Both brokers are ASIC regulated
  • City Index is FCA and MAS regulated, easyMarkets is CySEC regulated

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