Binary Mate vs City Index, Updated for 2025
Binary Mate Rating
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City Index Rating
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Your capital is at risk |
74% of retail investor accounts lose money when trading CFDs with this provider |
Binary Mate vs City Index Guide |
Read our In-Depth Binary Mate vs City Index Review - for 2025
Our Binary Mate vs City Index review has been refreshed to reflect any changes for 2025 from seasoned professionals with considerable financial experience across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Binary Mate vs City Index does not apply to all countries as follows:
Binary Mate Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
City Index Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Binary Mate vs City Index
Every trading platforms has some pros and cons, and a complete analysis of Binary Mate vs City Index cannnot be complete without embracing a balanced approach.
Examine Binary Mate and City Index to get a better understanding of just how these platforms line up with each before you open an account. Conducting a side-by-side comparison will put things into perspective so that you are informed about what you should anticipate.
So you are looking for a broker and are choosing between Binary Mate or City Index. Which one is best in 2025?
Our Binary Mate vs City Index comparison contains the most recent information so you can easily compare City Index against Binary Mate.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You will acquire proficient at all the concepts of broker as you keep trading. For starters, you need to select the ideal broker who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to create hefty returns. Binary Mate and City Index are two such companies which will take you and your investment into great heights. It's important to compare Binary Mate vs City Index until you trust them with your money.
Our Binary Mate vs City Index comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Binary Mate and City Index side by side.
Our full Binary Mate vs City Index Review covers all you need to know about trading using either Binary Mate or City Index. A good broker can multiply your first investments and give you favorable profits. If you want to make profits, you must trade with a broker service that aligns with your investment goals.
There is no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you select them. It's a frequent misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
Binary Mate and City Index are both brokers which have paved their way successfully to the brokerage world. Within this review, we've tried to collate some of the important facets of both Binary Mate and City Index. This review can allow you to understand whether either City Index or Binary Mate is a good match for your investments or not. We have attempted to breakdown all of the qualities and charges for your advantage.
Benefits of Binary Mate and City Index Compared
Binary Mate has a minimum deposit of $1000 while City Index has a $25 minimum deposit.
Why smaller minimum deposits are good and how Binary Mate and City Index compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Binary Mate allows you to trade around 54 financial instruments while City Index has around 54 financial instruments available.
The more financial instruments you can trade on the Binary Mate and City Index trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Binary Mate or City Index.
Binary Mate and City Index Contact Details
Being able to contact an online trading platform through many ways is vital. Binary Mate and City Index have the following contact details and social medias that you can use.
Broker | Binary Mate | City Index |
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Telephone Number | +44 20 7107 7020 | |
support@cityindex.co.uk | ||
Address | Devon House, 58 St Katharine's Way, St Katharine's & Wapping, London, Greater London E1W 1JP | |
Binary Mate Twitter Account | City Index Twitter Account | |
Binary Mate Facebook Page | City Index Facebook Page | |
Binary Mate Instagram Account | City Index Instagram Account | |
Binary Mate LinkedIn Page | City Index LinkedIn Page | |
YouTube | Binary Mate YouTube Channel | City Index YouTube Channel |
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City Index and Binary Mate Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing Binary Mate and City Index will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Binary Mate vs City Index - Awards
Binary Mate vs City Index - Frequently Asked Questions
Binary Mate vs City Index - Headquarters And Year Of Founding
Binary Mate was founded in 2013 and has its headquaters in Malaysia.
City Index was founded in 1983 and has its headquaters in UK.
What is the minimum deposit for City Index or Binary Mate
The minimum deposit for Binary Mate is $1000.
The minimum deposit for City Index is $25.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Binary Mate and City Index are a good choice.
Binary Mate vs City Index - Regulation And Licencing In More Detail
Binary Mate is regulated by Cyprus Securities and Exchange Commission (CySEC).
City Index is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS).
Both Binary Mate and City Index have a powerful collection of rules for ensuring honest trading on their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their own privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Binary Mate vs City Index Commission And Fees
Binary Mate and City Index are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an internet broker is not necessarily affected by the amount of clients they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three types of penalties for this objective.
The first kind of charges to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In such cases, you're paying a spread, funding speed, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight rates are those that are charged when you maintain a leveraged position for more than a day.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake in your account. They're charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither Binary Mate or City Index charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often trade, such as daily or weekly trading.
But, non-trading fees billed by Binary Mate and City Index are relatively competitive. As a result, you are charged more for non-trading actions on your trading account, like withdrawal and deposits. These are not about the purchase and sale of assets.
This Binary Mate vs City Index review for 2025 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For Binary Mate And City Index
What Languages Do Binary Mate And City Index Support?
Being able to communicate completely with your online platform is a key element when comparing brokers to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.
Here you will find all the languages that both Binary Mate and City Index offer communication in.
How Many Clients Do Binary Mate and City Index Have?
Both Binary Mate and City Index are well established with their client base. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers Binary Mate and City Index are active on their platform
Broker | Binary Mate | City Index |
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Clients / Users | 10,000+ | 14,000+ |
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What Payment Methods Do Binary Mate and City Index Accept?
Binary Mate and City Index both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Binary Mate and City Index
What Can You Trade With Binary Mate and City Index?
Binary Mate offers 54 trading instruments and City Index offers 12,500.
Below you will find a full breakdown of what both Binary Mate and City Index offer.
Binary Mate Review
Binary Mate vs City Index:
Table Of Contents
- Compare Binary Mate vs City Index
- Benefits of Binary Mate and City Index Compared
- City Index and Binary Mate Mobile App Comparison
- Binary Mate vs City Index - Awards
- Binary Mate vs City Index - Frequently Asked Questions
- What is the minimum deposit for City Index or Binary Mate
- Binary Mate vs City Index - Regulation And Licencing In More Detail
- Compare Broker Fees For Binary Mate And City Index
- What Languages Do Binary Mate And City Index Support?
- How Many Clients Do Binary Mate and City Index Have?
- What Payment Methods Do Binary Mate and City Index Accept?
- What Can You Trade With Binary Mate and City Index?