AvaTrade vs City Index
By Akash · Facts re-checked (UTC)
Here is how AvaTrade and City Index compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| AvaTrade | City Index | |
|---|---|---|
| Regulators | FSCA | FCA |
| Minimum deposit | – | £100 minimum initial deposit for MT4 / new cards (UK) |
| Spreads from | EUR/USD from 0.9 pips | 0.5 pts on MT4; 0.8 pts on standard platform (UK) |
| Commission | – | None on MT4 except shares |
| Platforms | – | City Index Web Trader (TradingView charts), MetaTrader 4, TradingView |
| Retail accounts losing money | – | 68% |
Full reviews: AvaTrade review · City Index review
Frequently asked questions
Are AvaTrade and City Index regulated?
AvaTrade: FSCA. City Index: FCA.
Which has tighter spreads, AvaTrade or City Index?
Published spreads start from EUR/USD from 0.9 pips at AvaTrade and 0.5 pts on MT4; 0.8 pts on standard platform (UK) at City Index; commission: AvaTrade none listed, City Index None on MT4 except shares.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more