| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| City Index | $150 Minimum Deposit | Web Trader, MT4, Apps Trading Platforms | 12,000+ Markets To Trade | Wide range of markets to trade on a user friendly Web Trader About |
| eToro | $50 Minimum Deposit | Web Trader & Apps Trading Platforms | 2000+ Markets To Trade | Social and copy trading on a user friendly platform About |
City Index and eToro Comparison
While eToro provides a relatively wide and large number of markets to trade, City Index has more on its user friendly Web Trader. City Index also offers MT4, which has EAs, enabling trading automation. eToro is a Social Investment Network, which aims to allow the trader to use other traders to inform their own trading, either via a social news feed and other social information, or by by copying their trades (copy trading).
eToro's platform is a user friendly web trader, and apps, with a range of tool to enable analysis.
eToro offers as well as CFDs, real Stocks, Cryptos and ETFs to buy to own. Additionally it has a staking service (to earn rewards from Cryptos, T&Cs apply) and its eToro Money crypto wallet (where Cryptos can be exchanged). eToro also offers real Stocks to buy with 0% commission.
Quick comparison
City Index offers a large number and wide range of markets to trade on its Web Trader and a smaller number and range on MT4. eToro provides a significant number and range of markets on its platform which provides support for social and copy trading and related products.
Minimum deposit and account types
The minimum deposit for City Index is $150. The minimum deposit for eToro is $50.
- 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.
- eToro is a Social Trading Platform and Network which supports trading, social trading as well as auto trading by copying other traders (or being copied) and provides products based on this network. eToro offers the eToro Club, which is a tiered program with additional features depending on account equity (which can include personalised service and event invitations), starting at $5000 (Silver) and going up to Diamond ($250,000). The minimum trade size is 0.01 lots.
Markets
- City Index offers Forex, Indices, Energy, Metals, Stocks, ETFs, Bonds, Cryptocurrencies, Soft Commodities, Options, IPOs and Interest Rates, with 6300+ CFDs available.
- eToro offers Forex, Indices, Energy, Metals, Stocks, ETFs, Bonds, Cryptocurrencies and Soft Commodities, with 2000+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| City Index Broker | Web Trader, MT4 Trading Platforms | City Index provides a wide range and number of markets to trade on its user friendly Web Trader and has MT4 for automated trading Description |
| eToro Broker | Web Trader & Apps Trading Platforms | eToro provides social and copy trading on its user friendly CopyTrader platform and offers real Stocks, ETFs and a wide range of real Cryptos to buy, as well as CFDs Description |
Cryptocurrencies
- City Index provides Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash CFDs
- eToro offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, BNB, Solana, LUNA, Cardano, Dogecoin, Avalanche, Polkadot, Shiba, Polygon, Cronos, TRON, Cosmos, Chainlink, Uniswap, ApeCoin, Stellar, Algorand, Ethereum Classic, Hedera Hashgraph, Filecoin, Decentraland, The Sandbox, Theta, Fantom, Tezos, Axie Infinity, AAVE, EOS, Zcash, IOTA, The Graph, Maker, NEO, Quant, Chiliz, Gala, Curve, Enjin, Loopring, Curve, Dash, Basic Attention Token, Kyber Network, Compound, Ox, Synthetix, Yearn.finance, Ankr, Bancor, 1inch, Storj, SushiSwap, Ethereum Name Service, REN, dYdX, Fetch.ai and Balancer (the trader owns the cryptocurrency when buying them at FCA and CySEC regulated eToro). There is a flat 1% fee for all Cryptos, on top of the Bid/Ask spread. eToro additionally offers a Wallet which supports 120+ Cryptocurrencies and allows the trader to move unleveraged long positions in real Cryptocurrencies to the Wallet from the platform.
Spreads
Online Trading Platforms
eToro offers a Web Trader and apps on tablet and mobile. City Index offers MT4, its Web Trader and apps.
Why City Index or eToro ?
Traders who want to trade on a user friendly platform can do so at either broker. Traders who want to trade on MT4 may do so at City Index. Traders who want to social and copy trade may do so at eToro. Traders who want to trade real Cryptos and Stocks can do this at eToro. Traders who want to apply automated trading with EA robots may do so at City Index.
Comparison summary
- Both brokers offer CFD trading
- At eToro, real Stocks, Cryptos and ETFs are offered, subject to regulation
- Both brokers offer have friendly web traders
- City Index additionally provides MT4
- eToro offers social and copy trading on its platform
- City Index allows automated trading via MT4 EA robots
