Compare City Index vs Spreadex

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

City Index vs Spreadex
open account	Open account 75% of retail CFD accounts lose money	Open account 69% of retail CFD accounts lose money
overall rating	4.6	4.3
overall pros	Low fees for forex Fast and smooth account opening Diverse research tools	Low forex fees Good web platform Helpful customer service
overall cons	Limited product portfolio High stock CFD fees Non-user-friendly desktop platform	Thin product selection No desktop platform Limited research and education tools
fees	3.8 Low forex fees No withdrawal fee Inactivity fee High stock CFD fees	4.0 Low forex fees No inactivity fee High stock index CFD fees
account opening	5.0 Fast Fully digital No minimum deposit	4.4 Fully digital No minimum deposit User-friendly Slower-than-average account verification
deposit and withdrawal	4.3 Credit/Debit card available Free withdrawal No deposit fee Problem with credit card withdrawal	4.3 Credit/Debit card available No deposit fee Free withdrawal in most cases Average account currency selection
web trading platform	4.3 User-friendly Good customizability (for charts, workspace) Good variety of order types No two-step (safer) login	4.4 User-friendly Clear fee report Good search function Guaranteed stop No two-step (safer) login Available only in English
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	4.4 User-friendly Good search function Price alerts No two-step (safer) login No 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Good customizability (for charts, workspace) Good variety of order types Not user-friendly No two-step (safer) login Outdated design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	1.7 Forex CFD
research	4.3 Good interactive chart Trading ideas Quality news flow No fundamental data available	1.9 Good financial/trading blog No trading ideas No/limited set of analytic tools Limited fundamental data
customer service	4.0 Live chat Great phone support No 24/7 support Slow email support	4.5 Phone support Live chat Fast response time No 24/7 support
education	5.0 Demo account Trading platform tutorial Educational videos	1.3 Trading platform tutorial No demo account No educational videos No webinars
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 High level of investor protection Negative balance protection Does not hold a banking license Not listed on stock exchange Financial information is not publicly available
recommended for	Forex and CFD traders looking for low forex fees and great research tools	Forex and CFD traders looking for low fees and great deposit/withdrawal options

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