PUPRIME vs City Index, Who's Better?
Read our In-Depth PUPRIME vs City Index Review - for 2023
This comprehensive analysis of PUPRIME and City Index has been updated for 2023 by industry experts with years of expertise in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of PUPRIME vs City Index does not apply to all countries as follows:
PUPRIME Excluded Countries
Singapore, United States of America, Australia, Afghanistan, Albania, American Samoa, Belarus, Bermuda, Bosnia and Herzegovina, Botswana, Central African Republic, China, Cuba, Democratic Republic of the Congo, Egypt, Eritrea, Guinea Bissau, Iran, Iraq, Lebanon, Libya, Montenegro, Myanmar, Democratic Peoples Republic of Korea, Russian Federation, Serbia, Sierra Leone, Somalia, Sudan, Syrian Arab Republic, Tunisia, Ukraine, US Virgin Islands, Yemen, and Zimbabwe.
City Index Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare PUPRIME vs City Index
All platforms for online trading will have some pros and cons, so any comprehensive PUPRIME and City Index review would not be regarded as thorough without having an objective perspective.
Assess City Index and PUPRIME to understand how these platforms compare with one another prior to you choose to open an account. Performing a side-by-side comparison will put things into perspective in order that you remain aware of the expectations.
So you are looking for a professional broker and are choosing between PUPRIME or City Index. Which one is best in 2023?
Our PUPRIME vs City Index comparison contains the most recent information so you can easily compare City Index against PUPRIME.
If you are a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You'll get proficient at all the concepts of brokerage as you keep trading. For starters, you need to choose the right broker who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program has the potential to create hefty returns. PUPRIME and City Index are two such platforms that will take you along with your investment to great heights. It is important that you compare PUPRIME vs City Index before you trust them with your money.
Our PUPRIME vs City Index comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust PUPRIME and City Index side by side.
Our entire PUPRIME vs City Index Review covers everything you need to learn about trading with either PUPRIME or City Index. A fantastic broker can multiply your first investments and give you favorable profits. If you want to earn profits, you should trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your broker before you select them. It's a common misconception that all agents are exactly the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
PUPRIME and City Index are both brokers that have paved their way successfully to the brokerage world. In this review, we have tried to collate a number of the vital facets of both PUPRIME and City Index. This review will allow you to know whether either City Index or PUPRIME is a good match for your investments or not. We've tried to breakdown all of the features and fees for your convenience.
Benefits of PUPRIME and City Index Compared
PUPRIME offers a minimum deposit of $50 while City Index offers a $25 minimum deposit.
Why smaller minimum deposits are good and how PUPRIME 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.
PUPRIME has around 1500 financial instruments while City Index has around 1500 available.
The more financial instruments you can trade on the PUPRIME and City Index 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 PUPRIME or City Index.
PUPRIME and City Index Contact Details
Being able to contact your broker simply is a sign of a professional broker. PUPRIME and City Index have the following contact details and social medias that you can use.
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Broker | PUPRIME | City Index |
Telephone Number | +248 4671 948 | +44 20 7107 7020 |
info@puprime.com | support@cityindex.co.uk | |
Address | 9A, CT House, Providence, Mahe, Seychelles. | Devon House, 58 St Katharine's Way, St Katharine's & Wapping, London, Greater London E1W 1JP |
PUPRIME Twitter Account | City Index Twitter Account | |
PUPRIME Facebook Page | City Index Facebook Page | |
PUPRIME Instagram Account | City Index Instagram Account | |
PUPRIME LinkedIn Page | City Index LinkedIn Page | |
YouTube | PUPRIME YouTube Channel | City Index YouTube Channel |
Find Out More |
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City Index and PUPRIME Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of PUPRIME and City Index we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. 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?
PUPRIME vs City Index - Awards
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Broker | PUPRIME | City Index |
Awards |
PUPRIME have won many industry awards over the time they have been operating as an online trading platform. We show the most notable awards for PUPRIME below.
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At the time of writing this City Index review, and despite City Index’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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PUPRIME vs City Index - Frequently Asked Questions
PUPRIME vs City Index - Headquarters And Year Of Founding
PUPRIME was founded in 2015 and has its head office in Seychelles.
City Index was founded in 1983 and has its head office in UK.
What is the minimum deposit for City Index or PUPRIME
The minimum deposit for PUPRIME is $50.
The minimum deposit for City Index is $25.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both PUPRIME and City Index are a good choice.
PUPRIME vs City Index - Regulation And Licencing In More Detail
PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218.
City Index is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS).
Both PUPRIME and City Index have a strong collection of rules for ensuring fair trading on their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare PUPRIME vs City Index Commission And Fees
PUPRIME and City Index are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. That is, an online broker isn't necessarily affected by the number of customers they have.
However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 different types of fees for this purpose.
The first kind of charges to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're charged trading fees. In such instances, you're spending a spread, funding rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are those that are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither PUPRIME or City Index charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who often exchange, for example daily or weekly trading.
However, non-trading fees billed by PUPRIME and City Index are comparatively higher. Consequently, you are charged more for non-trading actions in your trading account, like deposits and withdrawal. These are not related to the purchase and sale of assets.
This PUPRIME vs City Index review for 2023 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For PUPRIME And City Index
What Languages Do PUPRIME And City Index Support?
Being able to talk easily with your online broker is a key element when comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key part of success when trading online.
Here you will find the languages that both PUPRIME and City Index support.
How Many Clients Do PUPRIME and City Index Have?
Both PUPRIME and City Index are well established with their customer base. It is really important to work with an online broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many users PUPRIME and City Index are active on their platform
What Payment Methods Do PUPRIME and City Index Accept?
PUPRIME 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 PUPRIME and City Index
What Can You Trade With PUPRIME and City Index?
PUPRIME offers 1500 trading instruments while City Index offers 12,500.
Below you will find a full breakdown of what both PUPRIME and City Index offer.
PUPRIME Review
PUPRIME vs City Index:
Table Of Contents
- Compare PUPRIME vs City Index
- Benefits of PUPRIME and City Index Compared
- City Index and PUPRIME Mobile App Comparison
- PUPRIME vs City Index - Awards
- PUPRIME vs City Index - Frequently Asked Questions
- What is the minimum deposit for City Index or PUPRIME
- PUPRIME vs City Index - Regulation And Licencing In More Detail
- Compare Broker Fees For PUPRIME And City Index
- What Languages Do PUPRIME And City Index Support?
- How Many Clients Do PUPRIME and City Index Have?
- What Payment Methods Do PUPRIME and City Index Accept?
- What Can You Trade With PUPRIME and City Index?