Barclays
City Index
Basic data of broker
Recommended for Long-term investors looking for a broker with low fees and solid background
Recommended for Forex and CFD traders looking for low forex fees and great research tools
UK
UK
Fees
Low trading and non-trading fees
Low trading and average non-trading fees, high stock CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
3
Deposit type
Withdrawal type
Account opening
$0
$0
>3 days
1 day
Proof of identity: passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / credit card statement
Trading platform
Markets and products
Disclaimer: 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Poor
Great
Customer service
Security
£85,000
£85,000 for clients under FCA, no investor protection for other clients
1992
1983
UK
UK, Australia, Singapore
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Barclays's service is on par with City Index's and a comparison of their fees shows that Barclays's fees are similar to City Index's.
Account opening takes more effort at Barclays compared to City Index, deposit and withdrawal processes are somewhat more complicated at Barclays, while customer service quality is considerably lower than City Index's.
Our experts rated the trading platform of Barclays as much less user-friendly than the platform of City Index, found that clients have access to slightly more markets and products with Barclays, while City Index provides just about the same quality of research and education.
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