Compare City Index vs IG

Online brokers compared for fees, trading platforms, safety and more. See how City Index stacks up against IG!

City Index vs IG
open account	Open account 75% of retail CFD accounts lose money	Open account 75% of retail CFD accounts lose money
overall rating	4.6	4.5
overall pros	Low fees for forex Fast and smooth account opening Diverse research tools	First-class web trading platform Superb educational tools Great deposit and withdrawal options
overall cons	Limited product portfolio High stock CFD fees Non-user-friendly desktop platform	High forex and stock CFD fees Limited product portfolio Slow customer support
fees	3.8 Low forex fees No withdrawal fee Inactivity fee High stock CFD fees	2.7 No withdrawal fee Inactivity fee charged only after 2 years High forex fees High stock CFD trading fees
account opening	5.0 Fast Fully digital No minimum deposit	4.4 Fully digital Low minimum deposit No minimum deposit for bank transfer Slower account opening
deposit and withdrawal	4.3 Credit/Debit card available Free withdrawal No deposit fee Problem with credit card withdrawal	4.5 Credit/Debit card available Free withdrawal No deposit fee
web trading platform	4.3 User-friendly Good customizability (for charts, workspace) Good variety of order types No two-step (safer) login	5.0 User-friendly Clear fee report Two-step (safer) login
mobile trading platform	4.3 User-friendly Good search function Good variety of order types No two-step (safer) login No Touch/Face ID login	5.0 User-friendly Good search function Touch/Face ID login
desktop trading platform	3.0 Clear fee report Good customizability (for charts, workspace) Good variety of order types Not user-friendly No two-step (safer) login Outdated design
markets and products	2.0 Forex CFD Crypto	4.0 ETF Forex Options CFD Crypto Stocks in some countries Robo-advisory in UK IPOs
research	4.3 Good interactive chart Trading ideas Quality news flow No fundamental data available	3.5 Good interactive chart Trading ideas User-friendly No fundamental data available
customer service	4.0 Live chat Great phone support No 24/7 support Slow email support	3.6 Phone support Relevant answers No 24/7 support Live chat is often offline
education	5.0 Demo account Trading platform tutorial Educational videos	5.0 Demo account Trading platform tutorial Educational videos
safety	Majority of clients belong to a top-tier financial authority Listed on stock exchange Negative balance protection	Majority of clients belong to a top-tier financial authority Listed on stock exchange Negative balance protection Does not hold a banking license
recommended for	Forex and CFD traders looking for low forex fees and great research tools	Traders of any experience level looking for an easy-to-use trading platform

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