City Index vs Trade Nation
By Akash · Facts re-checked (UTC)
Here is how City Index and Trade Nation compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| City Index | Trade Nation | |
|---|---|---|
| Regulators | FCA | FCA |
| Minimum deposit | £100 minimum initial deposit for MT4 / new cards (UK) | No minimum (UK: £0.01 to £5 depending on payment method) |
| Spreads from | 0.5 pts on MT4; 0.8 pts on standard platform (UK) | EUR/USD 0.3 (TN Trader/TradingView, fixed) |
| Commission | None on MT4 except shares | No commission; spread only |
| Max leverage | – | 30:1 on major FX pairs (Trade Nation Financial UK Ltd, FCA) |
| Platforms | City Index Web Trader (TradingView charts), MetaTrader 4, TradingView | TN Trader, TradingView, MetaTrader 4 |
| Retail accounts losing money | 68% | – |
Full reviews: City Index review · Trade Nation review
Frequently asked questions
What is the minimum deposit at City Index and Trade Nation?
City Index: £100 minimum initial deposit for MT4 / new cards (UK). Trade Nation: No minimum (UK: £0.01 to £5 depending on payment method).
Are City Index and Trade Nation regulated?
City Index: FCA. Trade Nation: FCA.
Which has tighter spreads, City Index or Trade Nation?
Published spreads start from 0.5 pts on MT4; 0.8 pts on standard platform (UK) at City Index and EUR/USD 0.3 (TN Trader/TradingView, fixed) at Trade Nation; commission: City Index None on MT4 except shares, Trade Nation No commission; spread only.
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