City Index vs Equiti
By Akash · Facts re-checked (UTC)
Here is how City Index and Equiti compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| City Index | Equiti | |
|---|---|---|
| Regulators | FCA | CMA (UAE) |
| Minimum deposit | £100 minimum initial deposit for MT4 / new cards (UK) | No minimum on the Classic account (UAE); Standard from $100 (UAE) |
| Spreads from | 0.5 pts on MT4; 0.8 pts on standard platform (UK) | 0.0 pips (Premier account) |
| Commission | None on MT4 except shares | $0 commission on the Classic account (UAE) |
| Max leverage | – | 1:500 (Equiti Securities Currencies Brokers LLC, UAE) |
| Platforms | City Index Web Trader (TradingView charts), MetaTrader 4, TradingView | MetaTrader 4, MetaTrader 5 |
| Retail accounts losing money | 68% | – |
Full reviews: City Index review · Equiti review
Frequently asked questions
What is the minimum deposit at City Index and Equiti?
City Index: £100 minimum initial deposit for MT4 / new cards (UK). Equiti: No minimum on the Classic account (UAE); Standard from $100 (UAE).
Are City Index and Equiti regulated?
City Index: FCA. Equiti: CMA (UAE).
Which has tighter spreads, City Index or Equiti?
Published spreads start from 0.5 pts on MT4; 0.8 pts on standard platform (UK) at City Index and 0.0 pips (Premier account) at Equiti; commission: City Index None on MT4 except shares, Equiti $0 commission on the Classic account (UAE).
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