City Index
Passfolio
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex and CFD traders looking for low forex fees and great research tools
Recommended for Beginners and long-term investors focusing on the US stock market
UK
USA
Fees
Low trading and average non-trading fees, high stock CFD fees
Free stock and ETF trading, average non-trading 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
3
1
Deposit type
Withdrawal type
Account opening
$0
$0
1 day
1 day
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / credit card statement
Proof of identity: national ID / passport / driver's license / residence permit
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
Great
Poor
Customer service
Security
£85,000 for clients under FCA, no investor protection for other clients
$500,000 (securities up to $500,000, cash up to $250,000)
1983
2018
UK, Australia, Singapore
USA
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.
*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.
City Index's service is on par with Passfolio's and a comparison of their fees shows that City Index's fees are slightly higher than Passfolio's.
Account opening takes about the same effort at City Index compared to Passfolio, deposit and withdrawal processes are more seamless at City Index, while customer service quality is somewhat lower than Passfolio's.
Our experts rated the trading platform of City Index as somewhat worse than the platform of Passfolio, found that clients have access to about the same number of markets and products with City Index, while Passfolio provides less useful research and education.