We will compare eToro to City Index on this page. This comparison goes over the pros and cons of both City Index and eToro.
| City Index | eToro |
|---|---|
City Index is a Forex Trading, Spread Betting and CFD Broker, based in London, UK. Their parent organization is StoneX Group. Their subsidiaries include: Finspreads, Forex.com, Salt, GTX, Daniels Trading, and Faraday Research. |
eToro is a social/copy trading platform, offering a wide range of markets, along with 0% commission on stocks. They are regulated in top-tier jurisdictions. Read Full Review CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. eToro USA LLC does not offer CFDs, only real Crypto assets available. |
| Year founded: | |
| 1983 | 2006 |
| Regulated by: | |
| ASIC, MAS, FCA | FinCEN, FCA, MiFID, CySec, ASIC |
| Headquarters: | |
| London, UK | London UK, Limassol Cyprus, Sydney Australia, USA |
| Is a Bank: | |
| No | No |
| Demo Account: | |
| Yes ✔️ | Yes ✔️ |
| Minimum Deposit: | |
| $100 | $50 – $10,000 |
| Minimum Trade: | |
| varies | $25 – $1,000 |
| Islamic Account: | |
| No | Yes ✔️ |
| Social/Copy Trading: | |
| No | Yes ✔️ |
| Spread Betting: | |
| No | No |
| Excluded countries: | |
| USA, Brazil, Belgium, Hong Kong, Japan | 133 |
Types of Products And Markets Available
Comparing eToro to City Index on the markets available and types of products, eToro has the edge. eToro offers trading on more markets along with trading real stocks, not just through CFDs.
Visit eToro – 68% of retail investor accounts lose money when trading CFDs with this provider.
| City Index | eToro |
|---|---|
| Markets Available: | |
| Only CFDs, Forex | Stocks (real), Commodities (CFD), Indices (CFD), Currencies (CFD), Cryptoassets (real and CFD) |
| CFDs | |
| Yes ✔️ | Yes ✔️ 2386 |
| Forex Pairs | |
| Yes ✔️ | Yes ✔️ 49 |
| Stocks | |
| Yes (CFD Only) | Yes ✔️ 2106 |
| Cryptocurrencies | |
| Yes (CFD) | Yes ✔️ 16 |
| Commodities | |
| Yes (CFD) | Yes ✔️ 31 |
| ETFs | |
| Yes (CFD) | No |
| Options | |
| No | No ❌ |
| EFPs | |
| No | No |
| Mutual Funds | |
| No | No |
| Robo Portfolios | |
| No | No |
Trading Platforms
Comparing eToro to City Index based on the trading platforms offered, we recommend eToro. Their platform is easy to use and will suffice for most traders.
Visit eToro here – 68% of retail investor accounts lose money when trading CFDs with this provider
| City Index | eToro |
|---|---|
| Proprietary Platform: | |
| Yes | Yes ✔️ |
| Desktop Platform: | |
| Yes ✔️ | No ❌ |
| Mobile App: | |
| Yes ✔️ iOS, Android |
Yes ✔️ iOS, Android |
| Web Trading Platform: | |
| Yes ✔️ | Yes ✔️ |
| MetaTrader: | |
| Yes | No |
| cTrader: | |
| No | No |
| Mirror Trader: | |
| No | No |
| Zulu Trade: | |
| No | No |
| Dupli Trade: | |
| No | No |
Fees
Comparing the fees of both, eToro is great as it offers 0% commissions on real stocks. City Index has overall low trading fees and high inactivity fee and stock CFD fees.
| City Index | eToro |
|---|---|
| Trading Fees: | |
| Yes Varies |
Yes 0% Commission on stocks Spread Varies |
| Deposit Fees: | |
| No | No |
| Withdrawal Fees: | |
| $0 | $5 (Bank Transfer) $5 (Credit Cards, eWallets) |
| Overnight Funding: | |
| No | Yes |
| Inactivity Fee: | |
| Yes £12 after 1 year |
Yes $10/month |
Customer Support
Customer support is better at City Index. They offer great phone support and live chat. eToro customer support is known for being slow.
| City Index | eToro |
|---|---|
| eMail: | |
| Yes ✔️ | Yes ✔️ |
| Online Chat: | |
| Yes ✔️ | Yes ✔️ |
| Phone Support: | |
| Yes ✔️ | No |
| Languages: | |
| Multiple | 15 |
Account Funding
Account funding is good at both brokers, however eToro has more deposit options.
| City Index | eToro |
|---|---|
| Deposit Methods: | |
| Credit card, Debit card, PayNow, Cheque, Bill Payment or Wire Transfer | Visa, MasterCard, Skrill, Diners Club, PayPal, WebMoney, Neteller, Yandex, Union Pay |
| Deposit Fee: | |
| No ❌ | No ❌ |
| Minimum Deposit: | |
| $0 | $50 – $10,000 |
Education
When it comes to education, City Index offers more educational material. While eToro education is good, City Index offers a more comprehensive educational materials. They offer videos, articles, platform tutorials, a demo account, webinars and more.
| City Index | eToro |
|---|---|
| Video Tutorials: | |
| Yes ✔️ | Yes ✔️ |
| Webinars: | |
| Yes ✔️ | Yes ✔️ |
Verdict
Is eToro better than City Index?
We found that eToro is better than City Index. They offer a better trading experience overall – top that with the copy trading capabilities of eToro and you have a winning broker.
eToro
- 0% commission on stocks
- Best Copy Trading Platform
- 2000+ Assets To Trade
- Safe & Regulated by Top-tier authorities
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. eToro USA LLC does not offer CFDs, only real Crypto assets available.
Read more eToro Comparisons:
