City Index versus Plus500

UK-based brokerage City Index, now part of publicly listed US company StoneX, is a well-trusted company offering its advanced proprietary trading platform alongside MT4. City Index also delivers high-quality research, including its newly launched SMART Signals service, while beginner traders get an excellent educational platform.

Plus500 established itself as a trusted CFD execution-only brokerage, presenting its proprietary trading platform for manual traders. Plus500 offers traders a well-balanced asset selection and supports more complex trading strategies due to the availability of options trading.

Both brokers maintain a moderately more expensive pricing environment while offering guaranteed stop-loss orders. A premium service is also available at City Index and Plus500 alike for a balance of $10,000 and by invite-only, respectively.

We have conducted an in-depth review of City Index and Plus500 to determine which one presents the better overall choice and which traders will benefit the most at either broker.

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• City Index versus Plus500 - Verdict

Features and Platforms

Features & Platforms	Plus 500 (visit site)	City Index (visit site)
Headquarter:	Israel, UK	UK
Established :	2008	1983
Retail Loss Rate:	77.0%	73.0%
Regulation:	FSA (SD039)
Minimum Deposit:	$100	$100
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee	$10 monthly after three months	$15 monthly after twelve months
Deposit Fee:
Withdrawal Fee	Third-Party	Third-Party
Funding Methods:	5	3
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:		Yes (MT4 only)
Social / Copy Trading:		Yes (MT4 only)
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:	Broad asset selection	Quality research and education
Unique Feature Two:	User-friendly trading platform	Cutting-edge proprietary trading platform
Broker Offers:	See what Plus500 offers 79% of retail CFD accounts lose money	See what City Index offers .

Noteworthy:

Select Plus500 traders qualify for a bonus, but the absence of algorithmic trading support is notable.

Available Markets

City Index does not offer cryptocurrencies but maintains an overall well-balanced list of trading instruments, including 4,500+ equity CFDs and 84 currency pairs, part of 12,000+ assets. Plus500 has notably fewer assets but a well-balanced selection suitable for beginner and advanced traders alike. It includes options, supporting more complex strategies.

Typical Spreads and Fees

City Index advertises lower minimum fees but has higher average costs, while Plus500 features dynamic spreads dependent on market conditions with no minimums. City Index levies equity CFDs commissions with lower swap rates. The currency conversion cost at City Index is 0.50% versus up to 0.70% at Plus500.