eToro vs City Index

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 IndexeToro
City Index Logo
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.
comparison etoro logo
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.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% 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:
19832006
Regulated by:
ASIC, MAS, FCAFinCEN, FCA, MiFID, CySec, ASIC
Headquarters:
London, UKLondon UK, Limassol Cyprus, Sydney Australia, USA
Is a Bank:
NoNo
Demo Account:
Yes ✔️Yes ✔️
Minimum Deposit:
$100$50 – $10,000
Minimum Trade:
varies$25 – $1,000
Islamic Account:
NoYes ✔️
Social/Copy Trading:
NoYes ✔️
Spread Betting:
NoNo
Excluded countries:
USA, Brazil, Belgium, Hong Kong, Japan133

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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{etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider.

City IndexeToro
Markets Available:
Only CFDs, ForexStocks (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
NoNo ❌
EFPs
NoNo
Mutual Funds
NoNo
Robo Portfolios
NoNo

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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 –  {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider

City IndexeToro
Proprietary Platform:
YesYes ✔️
Desktop Platform:
Yes ✔️No ❌
Mobile App:
Yes ✔️
iOS, Android
Yes ✔️
iOS, Android
Web Trading Platform:
Yes ✔️Yes ✔️
MetaTrader:
YesNo
cTrader:
NoNo
Mirror Trader:
NoNo
Zulu Trade:
NoNo
Dupli Trade:
NoNo

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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 IndexeToro
Trading Fees:
Yes
Varies
Yes
0% Commission on stocks
Spread Varies
Deposit Fees:
NoNo
Withdrawal Fees:
$0$5 (Bank Transfer)
$5 (Credit Cards, eWallets)
Overnight Funding:
NoYes
Inactivity Fee:
Yes
£12 after 1 year
Yes
$10/month

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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 IndexeToro
eMail:
Yes ✔️Yes ✔️
Online Chat:
Yes ✔️Yes ✔️
Phone Support:
Yes ✔️No
Languages:
Multiple15

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Account Funding

Account funding is good at both brokers, however eToro has more deposit options.

City IndexeToro
Deposit Methods:
Credit card, Debit card, PayNow, Cheque, Bill Payment or Wire TransferVisa, MasterCard, Skrill, Neteller
Deposit Fee:
No ❌No ❌
Minimum Deposit:
$0$50 – $10,000

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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 IndexeToro
Video Tutorials:
Yes ✔️Yes ✔️
Webinars:
Yes ✔️Yes ✔️

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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.

Read more eToro Comparisons:

About the author

Ziga Breznik is the owner and head of research at PublicFinanceInternational.org – he is an active investor in the forex, crypto and stock markets – he has seen trading platforms disappear along with his investments – especially during the “crypto boom”. Ziga learned the hard way that finding a reputable and trustworthy online brokerage is key to long-term success in the financial markets. He founded PublicFinanceInternational.org as a platform where he shares his research with one goal in mind: to provide unbiased and trustworthy online brokers reviews.