City Index vs NinjaTrader compared

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

City Index
NinjaTrader
City Index
4.5
74% of retail CFD accounts lose money
NinjaTrader
4.4

Last update of dataJul 2022

City Index

City Index is a global CFD broker, regulated by many financial authorities including the top-tier UK FCA. Its parent company, StoneX Group Inc. is listed on the NASDAQ Stock Exchange.

Recommended for forex and CFD traders looking for low forex fees and great research tools.

NinjaTrader

NinjaTrader is a US-based software company that has an excellent desktop application for advanced users, particularly futures traders. NinjaTrader is an NFA-registered company and an introducing broker of brokers like Phillip Capital and Dorman Trading.

Recommended for active traders focusing on futures.

City Index's service is on par with NinjaTrader's and a comparison of their fees shows that City Index's fees are slightly higher than NinjaTrader's.

Account opening takes less effort at City Index compared to NinjaTrader, deposit and withdrawal processes are much more seamless at City Index, while customer service quality is somewhat lower than NinjaTrader's.

Our experts rated the trading platform of City Index as being of the same quality as the platform of NinjaTrader, found that clients have access to slightly more markets and products with City Index, while NinjaTrader provides somewhat better research and education.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.5

Recommended for Forex and CFD traders looking for low forex fees and great research tools

Overall Score
4.4

Recommended for Active traders focusing on futures

Best broker for futures

Country of origin

UK

Country of origin

USA

Fees

Fees score
3.7
Fees score
4.5
Fees summary

Low trading and average non-trading fees, high stock CFD fees

Fees summary

Low trading, but high non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.3
Deposit and withdrawal score
1.6
Number of base currencies

3

Number of base currencies

3

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
3.5
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$400

*
Time to open account

1 day

Time to open account

>3 days

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / credit card statement

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement

Trading platform

Web platform score
4.3
Web platform score
-
Mobile platform score
4.3
Mobile platform score
-
Desktop platform score
3.0
Desktop platform score
4.8

Markets and products

Markets and products score
2.5
Markets and products score
1.9
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
*
*
Forex
*
*
Funds
Funds
Bonds
Bonds
Options
Options
*
*
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 74% 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

Research score
4.5
Research score
4.9
Charting quality

Great

Charting quality

Great

Education score
5.0
Education score
5.0
Demo account
Demo account

Customer service

Customer service score
4.0
Customer service score
4.5
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

£85,000 for clients under FCA, no investor protection for other clients

Investor protection amount

No protection

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1983

Foundation date

2003

Country of regulation

UK, Australia, Singapore

Country of regulation

USA

City Index

For detailed information and hands-on experience, read our review of this broker.

NinjaTrader

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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.

Brokers displayed might not be available in United States.

×