Compare City Index vs ITRADER

Compare City Index vs ITRADER

City Index vs ITRADER
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
NoneMT4, AT Pro, Advantage Web, Web Trader12,000+FCA, ASIC, MAS
$250MT4200+CySEC

City Index and ITRADER Comparison

ITRADER is an MT4 broker. City Index also offers MT4, in addition to two web traders and AT Pro. Thus both brokers support automated trading and discretionary trading. MT4 at City Index has a reduced range of markets, thus it actually has less markets on MT4 than ITRADER. However on the web traders and AT Pro, City Index has many more markets available, and a wider range. City Index is regulated by the FCA in the United Kingdom, the ASIC in Australia and the MAS in Singapore. ITRADER is regulated by the CySEC in Cyprus.

Minimum deposit and account types

City Index does not have a minimum deposit. The minimum deposit for ITRADER is $250.

  • City Index offers CFD trading and spread betting. City Index provides a news feed, market reports and a Trading Academy.
  • ITRADER provides three account types, Silver, Gold and Platinum. The current minimum deposit for Gold and Platinum is available upon request from the account manager assigned to the trader's account. Micro lot trading is offered. An Islamic account is available.
  • ITRADER provides an extensive animated trading course on its website. It also offers eBooks, webinars and daily reviews and provides hedging for all account types. The Gold account additionally provides extra webinars and videos and a dedicated account manager. The Platinum account additionally provides a Free VPS and News Alerts.

Markets

  • On it web traders and AT Pro, City Index offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks, Soft Commodities, ETFs, Bonds, Options, 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, ITRADER offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks, Soft Commodities, with 200+ available.

Cryptocurrencies

  • City Index offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash (as a CFD or for spread betting).
  • ITRADER offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash ABC, Bitcoin Gold, Ethereum Classic, Monero, DASH, Cardano, Bitcoin SV, IOTA, Lisk, NEO, Qtum, Siacoin, Tether, NEM, Stellar, Zcash, Verge, WAVES, TRON, Golem.

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.
  • ITRADER offers variable spreads, which can vary depending on account type. On ITRADER's Silver account, EUR/USD spreads are from 2.2, UK100 from 2, Gold from 0.59 and US Crude Oil from 0.07. On ITRADER's Platinum account, EUR/USD spreads are from 0.7, UK100 from 1, Gold from 0.37 and US Crude Oil from 0.03.

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

Platforms

City Index offers MT4, two web trading platforms (Advantage Web and Web Trader) and AT Pro. ITRADER provides MT4 and MT4 apps and a web trader based on MT4.

Why City Index or ITRADER ?

Both have MT4, while City Index offers two web traders and AT Pro, which have many more markets.

Comparison summary

  • Both are CFD brokers
  • City Index can also offer spread betting
  • City Index has many more markets on offer, and a wider range
  • ITRADER has more markets on MT4
  • While both brokers have MT4, City Index also offers two web traders and AT Pro
  • Both are regulated

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