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	Visit broker 72% of retail CFD accounts lose money	Visit broker 75% of retail CFD accounts lose money
overall rating	4.4 / 5.0	4.5 / 5.0
overall pros	Low forex fees Diverse and high-quality research tools Great customer support	Easy-to-use web trading platform Helpful and reliable customer service Great deposit and withdrawal tools
overall cons	High stock CFD fees Limited product portfolio Not user-friendly desktop platform	High trading fees Limited product portfolio Limited research tools
fees	3 stars No withdrawal fee Low financing rate Inactivity fee	2 stars Transparent fee structure Low financing rate High trading fees Inactivity fee
account opening	4 stars Fully digital No minimum deposit Slow	4 stars Fast Fully digital No minimum deposit for bank transfer The sales team is quite pushy, prompting you regularly to fund your account
deposit and withdrawal	4 stars Credit/Debit card available Free withdrawal No deposit fee Missing electronic wallets Base currencies cannot be selected	5 stars Credit/Debit card available Several account base currencies User-friendly Not transparent on available base currencies
web trading platform	4 stars User-friendly Clear fee report Good search function No two-step (safer) login	5 stars User-friendly Two-step (safer) login Good search function Good customizability (for charts, workspace)
mobile trading platform	4 stars User-friendly Good search function Good variety of order types No two-step (safer) login	5 stars User-friendly Good search function Good variety of order types No two-step (safer) login
desktop trading platform	3 stars Good customizability (for charts, workspace) Good variety of order types Available in several languages Not user-friendly No two-step (safer) login	-
markets and products	2 stars Forex CFD Crypto	3 stars Forex Options CFD Crypto Equities for UK clients Robo-advisory type of service in the UK
research	5 stars Good interactive chart Quality news flow User-friendly Recommendations only for forex	3 stars Good interactive chart Quality news flow User-friendly No fundamental data available No/limited set of analytic tools
customer service	5 stars Fast response time Relevant answers Great telephone support Bad chatbot	5 stars Live chat Fast response time Relevant answers
education	5 stars Trading platform tutorial Educational videos Easy to understand	5 stars Demo account Educational videos Easy to understand
safety	Regulated by top tier financial authority High level of investor protection Parent company listed on stock exchange	Listed on stock exchange Financial information is publicly available Regulated by top-tier regulators, like FCA No negative balance protection
recommended for	CFD and forex traders looking for low forex fees and great research tools	Traders with any experience level aiming for a great and easy-to-use trading platform

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