easyMarkets vs City Index, 2022 Update
City Index Rating
73% of retail CFD accounts lose money with this provider.
74% of retail investor accounts lose money when trading CFDs with this provider
easyMarkets vs City Index Guide
Read our In-Depth easyMarkets vs City Index Review - Updated for 2022
This easyMarkets vs City Index review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this easyMarkets vs City Index review does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
City Index Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs City Index
Every online trading system has some ups and downs, and no easyMarkets and City Index review would be complete without showing both sides. Compare easyMarkets and City Index to understand how they line up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a broker and are choosing between easyMarkets or City Index. Which one is best in 2022?
This easyMarkets vs City Index comparison contains the latest information so you can easily compare City Index against easyMarkets.
If you're a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You'll get adept at all of the concepts of broker since you keep trading. For starters, you need to choose the ideal broker who'll be transparent with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. easyMarkets and City Index are just two such companies that will take you and your investment into great heights. It's important to compare easyMarkets vs City Index until you trust them with your money.
Our easyMarkets vs City Index comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and City Index side by side.
Our full easyMarkets vs City Index Review covers all you will need to know about trading using either easyMarkets or City Index. A fantastic broker can multiply your first investments and give you positive profits. If you want to earn profits, you must trade with a broker service that aligns with your investing objectives.
There is no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you choose them. It's a common misconception that all agents will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
easyMarkets and City Index are both brokers which have forged their way successfully to the brokerage world. In this review, we have attempted to collate a number of the vital facets of both easyMarkets and City Index. This review will allow you to know whether either City Index or easyMarkets is a fantastic fit for your own investments or not. We have attempted to breakdown all the qualities and fees for your advantage.
Benefits of easyMarkets and City Index Compared
easyMarkets has a minimum deposit of $100 while City Index has a $25 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets 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.
easyMarkets allows you to trade around 200 financial instruments while City Index allows you to trade around 200 available.
The more financial instruments you can trade on the easyMarkets 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 easyMarkets or City Index.
easyMarkets and City Index Contact Details
Being able to contact your broker easily is vital. easyMarkets and City Index have the following contact details and social medias that you can use.
|Telephone Number||+357 25 828 899||+44 20 7107 7020|
|Address||1 Griva Digheni, Limassol, Limassol 3035, CY||Devon House, 58 St Katharine's Way, St Katharine's & Wapping, London, Greater London E1W 1JP|
|easyMarkets Twitter Account||City Index Twitter Account|
|easyMarkets Facebook Page||City Index Facebook Page|
|easyMarkets Instagram Account||City Index Instagram Account|
|easyMarkets LinkedIn Page||City Index LinkedIn Page|
|YouTube||easyMarkets YouTube Channel||City Index YouTube Channel|
|Find Out More||
City Index and easyMarkets 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 easyMarkets and City Index will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
easyMarkets vs City Index - Awards
easyMarkets have won a lot of industry awards over the time they have been operating as an online trading platform. We detail the most recognised awards for easyMarkets here.
|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||
easyMarkets vs City Index - Frequently Asked Questions
easyMarkets vs City Index - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its head office in Cyprus, Australia.
City Index was founded in 1983 and has its head office in UK.
What is the minimum deposit for City Index or easyMarkets
The minimum deposit for easyMarkets is $100.
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 easyMarkets and City Index are a good choice.
easyMarkets vs City Index - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
City Index is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS).
Both easyMarkets and City Index have a powerful set of rules for ensuring fair trading on their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare easyMarkets vs City Index Commission And Fees
easyMarkets and City Index are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. That is, an internet broker isn't necessarily influenced by the amount of customers they have.
However, 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 mainly three types of penalties for this objective.
The first sort of fees to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you're paying a spread, funding rate, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are people who are billed when you maintain a leveraged position for more than daily.
Aside from trading charges, online brokers also charge non-trading fees. These are dependent on the activities you undertake in your account. They are billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither easyMarkets or City Index charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees charged by easyMarkets and City Index are relatively greater. Consequently, you are charged more for non-trading actions on your trading accounts, like withdrawal and deposits. These aren't related to the purchase and sale of assets.
This easyMarkets vs City Index review for 2022 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And City Index
What Languages Do easyMarkets And City Index Support?
Being able to talk completely with your online platform is a key way of comparing brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their website and inside their application as it is a key factor to success when trading online.
Here you can find the languages that both easyMarkets and City Index support.
How Many Clients Do easyMarkets and City Index Have?
Both easyMarkets and City Index are well established with their customer base. It is really important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many customers easyMarkets and City Index have
|Clients / Users||142,500+||14,000+|
|Find Out More||
What Payment Methods Do easyMarkets and City Index Accept?
easyMarkets 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 easyMarkets and City Index
What Can You Trade With easyMarkets and City Index?
easyMarkets offers 200 trading instruments while City Index offers 12,500.
Below you will find a full breakdown of what both easyMarkets and City Index offer.
Compare easyMarkets To All Other Brokers
Compare City Index To All Other Brokers
easyMarkets vs City Index:
Table Of Contents
- Compare easyMarkets vs City Index
- Benefits of easyMarkets and City Index Compared
- City Index and easyMarkets Mobile App Comparison
- easyMarkets vs City Index - Awards
- easyMarkets vs City Index - Frequently Asked Questions
- What is the minimum deposit for City Index or easyMarkets
- easyMarkets vs City Index - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And City Index
- What Languages Do easyMarkets And City Index Support?
- How Many Clients Do easyMarkets and City Index Have?
- What Payment Methods Do easyMarkets and City Index Accept?
- What Can You Trade With easyMarkets and City Index?